NVIDIA Corporation

gross margin GAAP, Q1 FY2024

NVIDIA Corporation expects gross margin GAAP of 63.6% to 64.6% for Q1 FY2024.

Guided 63.6% to 64.6% on 22 Feb 2023; reported 64.6% 91 days later; inside the range.

01GSV6PY00YTDVA98E209VMP2F

Status
met
Guided
63.6% to 64.6%
Stated
2023-02-22
Reported
64.6%
Outcome date
2023-05-24
Days to falsifiable
91
Acknowledged
no

The guidance

GAAP and non-GAAP gross margins are expected to be 64.1% and 66.5%, respectively, plus or minus 50 basis points.

8-K 0001045810-23-000014, filed 2023-02-22 View on EDGAR

The outcome

Gross margin 64.6 % 63.3 % 65.5 % Up 1.3 pts Down 0.9 pts

8-K 0001045810-23-000087, filed 2023-05-24 View on EDGAR

Review

review: hand-reviewed

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