gross margin non-GAAP, Q3 FY2024
NVIDIA Corporation expects gross margin non-GAAP of 72% to 73% for Q3 FY2024.
Guided 72% to 73% on 23 Aug 2023; reported 75% 90 days later; above the range by 2.7%, better than guided.
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- Status
- missed better than guided
- Guided
- 72% to 73%
- Stated
- 2023-08-23
- Reported
- 75%
- Outcome date
- 2023-11-21
- Days to falsifiable
- 90
- Acknowledged
- no
The guidance
GAAP and non-GAAP gross margins are expected to be 71.5% and 72.5%, respectively, plus or minus 50 basis points.
8-K 0001045810-23-000171, filed 2023-08-23 View on EDGAR
The outcome
Gross margin 75.0 % 71.2 % 56.1 % Up 3.8 pts Up 18.9 pts
8-K 0001045810-23-000225, filed 2023-11-21 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-09-22.