NVIDIA Corporation

gross margin non-GAAP, Q3 FY2023

NVIDIA Corporation expects gross margin non-GAAP of 64.5% to 65.5% for Q3 FY2023.

Guided 64.5% to 65.5% on 24 Aug 2022; reported 56.1% 84 days later; below the range by 13.0%, worse than guided.

01GB6JC400GAHQHNX0AP78X2D3

Status
missed worse than guided
Guided
64.5% to 65.5%
Stated
2022-08-24
Reported
56.1%
Outcome date
2022-11-16
Days to falsifiable
84
Acknowledged
no

The guidance

GAAP and non-GAAP gross margins are expected to be 62.4% and 65.0%, respectively, plus or minus 50 basis points.

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

The outcome

Gross margin 56.1 % 45.9 % 67.0 % Up 10.2 pts Down 10.9 pts

8-K 0001045810-22-000163, filed 2022-11-16 View on EDGAR

Review

review: hand-reviewed

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