gross margin GAAP, Q2 FY2024
NVIDIA Corporation expects gross margin GAAP of 68.1% to 69.1% for Q2 FY2024.
Guided 68.1% to 69.1% on 24 May 2023; reported 70.1% 91 days later; above the range by 1.4%, better than guided.
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- Status
- missed better than guided
- Guided
- 68.1% to 69.1%
- Stated
- 2023-05-24
- Reported
- 70.1%
- 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 70.1 % 64.6 % 43.5 % Up 5.5 pts Up 26.6 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.