$NVDA CFO: "GAAP and non-GAAP gross margins are expected to be 73.3–73.5%, respectively, plus or minus 50 basis points. We continue to expect to exit the year with non-GAAP gross margins in the mid-70s." https://t.co/v7O8kDAB3U
$NVDA CFO: "Now moving to the rest of our P&L. GAAP gross margin was 72.4%, and non-GAAP gross margin was 72.7%. These figures include a $180M, or 40 basis point, benefit from releasing previously reserved H20 inventory. Excluding this benefit, non-GAAP gross margins would have https://t.co/jsbwp6RHxn
$NVDA CFO: "Notably in the quarter was an increase in Hopper 100 and H200 shipments. We also sold approximately 650M of H20 in Q2 FY 26 to an unrestricted customer outside of China"

Nvidia Corp. said it expects its fiscal third-quarter gross profit margin to widen, forecasting GAAP gross margin of about 73.3% and non-GAAP gross margin of roughly 73.5%, each plus or minus 50 basis points. Management reiterated that it anticipates exiting the fiscal year with non-GAAP gross margins in the mid-70% range. For the second quarter of fiscal 2026, Nvidia reported a GAAP gross margin of 72.4% and a non-GAAP margin of 72.7%. The figures include a 40-basis-point boost, worth about $180 million, from releasing previously reserved H20 chip inventory after the company sold approximately $650 million of those units to an unrestricted customer outside China. Nvidia recorded no H20 sales to China during the period. The chipmaker also cited increased shipments of its Hopper H100 and H200 processors as another contributor to margin performance.