NVIDIA Corporation

gross margin GAAP, Q2 FY2023

NVIDIA Corporation expects gross margin GAAP of 64.6% to 65.6% for Q2 FY2023.

Guided 64.6% to 65.6% on 25 May 2022; reported 43.5% 91 days later; below the range by 32.7%, worse than guided.

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Status
missed worse than guided
Guided
64.6% to 65.6%
Stated
2022-05-25
Reported
43.5%
Outcome date
2022-08-24
Days to falsifiable
91
Acknowledged
no

The guidance

GAAP and non-GAAP gross margins are expected to be 65.1% and 67.1%, respectively, plus or minus 50 basis points.

8-K 0001045810-22-000073, filed 2022-05-25 View on EDGAR

The outcome

Gross margin 43.5 % 65.5 % 64.8 % Down 22.0 pts Down 21.3 pts

8-K 0001045810-22-000136, filed 2022-08-24 View on EDGAR

Review

review: hand-reviewed

Reviewed by hand by Navneet on 2026-09-22.