NVIDIA Corporation

gross margin GAAP, Q3 FY2023

NVIDIA Corporation expects gross margin GAAP of 61.9% to 62.9% for Q3 FY2023.

Guided 61.9% to 62.9% on 24 Aug 2022; reported 53.6% 84 days later; below the range by 13.4%, worse than guided.

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Status
missed worse than guided
Guided
61.9% to 62.9%
Stated
2022-08-24
Reported
53.6%
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 53.6 % 43.5 % 65.2 % Up 10.1 pts Down 11.6 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.