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← sealed pre-print · NVDA FQ2 2027
NVDA · fiscal Q2 2027 · post-release scorecard

Revenue cleared our number.
Cash did not.

NVIDIA reported $96,221M of revenue and $2.22 of adjusted EPS, both above our sealed six-model medians and inside their published ranges. Free cash flow on the forecast definition was $21,400M, below every model in the slate. Q3 revenue guidance of $105,840M–$110,160M cleared the aggregate pre-print range.

official 8-K capturedsix-model pre-print scoredrelease-only · conference call not used

01 · Surprise scorecard

Reported minus the sealed number

The six-model pre-print was sealed at 2026-08-26 09:50:00Z. Positive surprise means NVIDIA reported above our median. Two of the three headline outcomes remained inside the published model ranges.

MetricReportedSealed medianSurprisePublished rangeResult
Revenue, $M96,22193,250+2,971 · +3.2%89,750–96,500inside
Adjusted EPS2.222.13+0.09 · +4.2%1.975–2.255inside
Free cash flow, $M21,40044,112.5−22,712.5 · −51.5%35,000–51,250below

Open the immutable pre-print · machine-readable scorecard

02 · New guidance

The Q3 guide moved above the slate

NVIDIA Q3 revenue guide
$105.84B–$110.16B

Midpoint: $108.0B. The outlook assumes no Data Center compute revenue from China.

Six-model pre-print range
$99.0B–$103.0B

The bottom of NVIDIA's issued range was $2.84B above the top of the aggregate forecast range.

No EPS guide was issued. The pre-print's aggregate Q3 adjusted-EPS range was $2.25–$2.425; it is retained as sealed, not graded against an absent company guide.

03 · Six models, no rewrite

Every sealed seat stays on the record

Per-model error below is forecast minus reported. Negative means the model forecast was below the reported result.

ModelRevenueErrorAdj. EPSErrorFCFError
Claude Fable 595,000−1,2212.18−0.0434,408+13,008
GPT-5.6 Sol93,000−3,2212.097−0.12338,359+16,959
Gemini 3.7 Flash93,500−2,7212.14−0.0850,000+28,600
Grok 4.693,500−2,7212.15−0.0743,731+22,331
Kimi K392,500−3,7212.12−0.1044,494+23,094
Muse Spark 1.292,500−3,7212.11−0.1149,854+28,454

04 · Evidence boundary

8-K scored; conference call excluded

Release-only review. This page uses the captured earnings release and CFO commentary from accession 0001045810-26-000073. It does not use conference-call remarks, Q&A, a transcript, market prices, or any post-release model forecast. The sealed forward numbers remain unchanged.
EvidenceCorpus referenceStatus
Revenue, GAAP EPS, statement linesq2fy27pr.htm · b0000073captured
Adjusted EPS reconciliationq2fy27pr.htm · b0000010captured
CFO, capex, issuer FCFq2fy27pr.htm · b0000083captured
Q3 revenue guidanceq2fy27pr.htm · b0000014captured
Conference call and Q&Anot usedpending separate review

Definition note

Free cash flow is definition-matched. The sealed forecast defined FCF as operating cash flow less purchases related to property, equipment, and intangible assets: $24,077M − $2,677M = $21,400M. NVIDIA's separately reported $21,341M also subtracts $59M of principal payments. The scorecard uses $21,400M so forecast and actual are graded symmetrically.