gross margin non-GAAP, Q2 FY2024
NVIDIA Corporation expects gross margin non-GAAP of 69.5% to 70.5% for Q2 FY2024.
Guided 69.5% to 70.5% on 24 May 2023; reported 71.2% 91 days later; above the range by 1.0%, better than guided.
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- Status
- missed better than guided
- Guided
- 69.5% to 70.5%
- Stated
- 2023-05-24
- Reported
- 71.2%
- Outcome date
- 2023-08-23
- Days to falsifiable
- 91
- Acknowledged
- no
The guidance
GAAP and non-GAAP gross margins are expected to be 68.6% and 70.0%, respectively, plus or minus 50 basis points.
8-K 0001045810-23-000087, filed 2023-05-24 View on EDGAR
The outcome
Gross margin 71.2 % 66.8 % 45.9 % Up 4.4 pts Up 25.3 pts
8-K 0001045810-23-000171, filed 2023-08-23 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-09-22.