Gross Margin

Nvidia

2026-08-29 07:00:00

Nvidia earnings shift investor focus to Rubin ramp, margin pressure and the durability of AI demand

Nvidia’s fiscal 2027 second-quarter results delivered another massive growth quarter, but the post-earnings debate quickly moved beyond whether the company beat expectations. Revenue reached $96.2 billion, up 106% year over year, while data center revenue climbed 117% to $89 billion. Management also said Vera Rubin has entered full production, placing the next platform transition at the center of the market’s attention. Investors are now weighing a different set of questions. Can Rubin extend the growth cycle established by Blackwell? Can Nvidia hold onto unusually high profitability as memory and broader system costs rise? And how should the market treat China when Nvidia’s fiscal third-quarter revenue outlook of about $108 billion, plus or minus 2%, excludes China data center compute revenue? Margins have become a closely watched signal. Non-GAAP gross margin was 75.0% in the second quarter, and Nvidia expects roughly 74.0% in the third quarter, plus or minus 50 basis points. Reuters also reported that higher memory and component costs could push gross margin to about 71%–72% in the fourth quarter. For chip investors, the report also carries read-through for AI servers, HBM, networking, optical interconnects, advanced packaging, and broader data center infrastructure.

980

NVIDIA

2026-08-28 13:30:00

NVIDIA’s revenue doubled, but investors zeroed in on margin pressure

NVIDIA reported FY2027 Q2 results that stood out even by its own recent standards: revenue reached $96.22 billion, up 106% year over year, while data center revenue climbed to $89.02 billion, up 117%. Adjusted EPS came in at $2.22, above the $2.09 consensus, and the company guided Q3 revenue to $108 billion, plus or minus 2%, ahead of the roughly $104 billion analysts had expected. Shares rose about 4% in after-hours trading to around $218. The report showed how concentrated NVIDIA’s business has become around AI infrastructure. Data center now accounts for about 93% of total revenue, with hyperscalers still the largest buyers. At the same time, management highlighted faster growth from AI cloud, industrial and enterprise customers. One of the most closely watched figures was supply commitments, which jumped from $119 billion at the end of Q1 to $279 billion at the end of Q2, largely tied to memory procurement for the Vera Rubin platform. Still, the main debate after the release was not revenue growth but gross margin. NVIDIA held Q2 gross margin at 75%, guided Q3 to 74%, and said Q4 could fall to 71% to 72%, citing memory costs that rose more than expected. That shift, at NVIDIA’s scale, can move quarterly gross profit by more than $10 billion from one modeling assumption to another, which is why margin has become the center of the market’s attention.

1330

Nvidia

2026-08-27 11:49:20

Nvidia revenue doubles, DeepSeek API margin hits 82.9% as AI compute spending climbs

AI infrastructure demand remained the clearest thread across the latest WhiteLine Daily roundup, with Nvidia, DeepSeek, Anthropic and Salesforce each offering a different view into how commercialization is shaping the sector. Nvidia reported FY2027 second-quarter revenue of $96.22 billion, up 106% year over year, while data center revenue reached $89 billion. The company guided for about $108 billion in third-quarter revenue, but also said gross margin is set to decline as memory and other component costs rise. DeepSeek, according to The Information, generated about RMB 475 million in revenue in the first seven months of the year, roughly 10 times its full-year 2025 revenue, with API gross margin at 82.9% and overall gross margin at 44.6%. Bloomberg separately reported that Anthropic agreed to pay about $45 billion over six years to lease computing capacity from Nscale in West Virginia, tied to around 460 MW of power capacity and Nvidia Vera Rubin chips. Salesforce, for its part, posted 11% quarterly revenue growth to $11.35 billion and raised its full-year guidance, helped by rapid expansion in Agentforce and Data 360 annual recurring revenue.

920

MiniMax

2026-08-27 00:22:08

MiniMax’s first post-IPO half-year report shows enterprise services overtaking AI-native products

MiniMax’s first half-year earnings report since going public points to a major shift in how the company makes money. Revenue reached $117 million in the first half, already above its full-year 2025 figure, but spending remains heavy: research and development costs came in at $297 million, about 2.55 times revenue, while adjusted net loss widened to $293 million, up 111.2% from a year earlier. The more striking change is in the revenue mix. Open platform and other AI enterprise services generated $73.93 million, accounting for 63.4% of total revenue, while AI-native products brought in $42.64 million and fell to 36.6% of the mix. That marks a sharp reversal from the prior year, when AI-native products contributed 69.7% of revenue. The report also showed some improvement in unit economics. Revenue rose 283.1% in the first half, ahead of a 258.1% increase in cost of sales. Gross profit climbed from $3.69 million to $20.81 million, and gross margin improved from 12.1% to 17.9%. Geographically, MiniMax generated $70.83 million, or 60.8% of revenue, from outside mainland China, compared with $45.75 million from mainland China. Its products and services now cover more than 230 countries and regions. According to the original article, the market’s next question is no longer whether MiniMax can grow revenue, but whether its model business can eventually support itself financially.

1030

NVIDIA

2026-08-26 21:31:43

NVIDIA CFO says fiscal 2028 gross margin should stabilize at 72% to 73%

A ChainCatcher newsflash said NVIDIA’s chief financial officer stated that the company’s gross margin should stabilize at 72% to 73% in fiscal 2028. The brief update contains only that margin guidance and does not include additional operating figures, timing details beyond fiscal 2028, or further comments from management. NVIDIA was identified in the dispatch by its ticker, NVDA.O. No supporting documents, conference context, or extended remarks were provided in the source text, and no extra financial metrics were disclosed alongside the statement.

850

Nvidia

2026-08-26 09:13:39

Nvidia earnings due Wednesday with investors watching five key issues

Nvidia is set to report its second-quarter results after the U.S. market closes on Wednesday, and investor attention is centered on five specific areas. The list includes AI infrastructure financing, progress on the Vera Rubin server platform, the company’s open-model strategy, sales in China, and pressure on gross margins. Nvidia recently announced a large-scale AI infrastructure financing plan and backed a major data center project in southern Ohio, prompting closer scrutiny of how deeply it is involved in those transactions and how the financing could translate into returns. On the product side, the company has said next-generation Vera Rubin servers may begin shipping in the third or fourth quarter of this year. That timeline matters because Blackwell was previously delayed for months due to a design flaw. Nvidia is also reportedly advancing its open-model push through a $6 billion licensing agreement tied to Poolside, an open-weight AI model startup, to secure technology and engineering talent for Nemotron. At the same time, the market is watching China sales and whether rising memory prices and stronger competition in custom chips and newer processors will make it harder for Nvidia to pass costs on to customers while maintaining roughly 75% gross margins.

860

Nvidia

2026-08-26 00:54:24

Nvidia heads into earnings with Rubin, not revenue, at the center of the market debate

Nvidia is set to report fiscal 2027 second-quarter results after the U.S. market close on Aug. 26, and investors appear split in an unusual way: few doubt the company will post strong numbers, yet few are willing to say the stock will rise on the release. That hesitation follows a clear pattern. Nvidia shares have fallen the day after earnings for four straight quarters even when the company beat expectations and lifted guidance, shifting the market’s focus away from the headline quarter and toward what comes next. This time, the key variable is Rubin. The market is watching whether Nvidia will quantify Rubin revenue for the first time in its Q3 outlook, how quickly the platform can ramp after entering mass production in July 2026, and whether margins can hold as memory, wafer, advanced packaging and substrate costs rise. At the same time, investors are parsing signals from China, where H200 shipments have reportedly resumed, while also weighing demand from hyperscalers, Nvidia’s financing support for an OpenAI data center project in Ohio, and the growing challenge from custom inference chips backed by companies including OpenAI, Broadcom and Anthropic. The earnings reaction, according to the source article, may come down to three points: gross margin, Rubin guidance, and management’s comments on China.

1120

Robinhood Cha

2026-08-19 00:24:14

Entropy Advisors says Robinhood Chain has kept gross margins at 87% to 90% since launch

Entropy Advisors said Robinhood Chain has maintained gross margins in the 87% to 90% range since launch. The figure already includes a 10% AEP licensing fee paid to Arbitrum, according to the disclosure cited by ChainCatcher. The note also said institutions pick Ethereum Layer 2 networks for several reasons rather than a single factor. Among those considerations, a lower operating security budget stands out as an important one. The update focuses on cost structure and network selection by institutions, without giving additional operating data beyond the disclosed margin range and the Arbitrum fee arrangement.

1040