NVIDIA [NVDA]
As of 2026-07-29. Every item below is sourced from a filing. Where a date is not disclosed, it is recorded as NOT DISCLOSED rather than estimated. A fabricated catalyst date is worse than an absent calendar, so the historical filing pattern is given as context, explicitly labelled, never as a date.
| Date | Event | Source | Why it matters |
|---|---|---|---|
| 2026-04-26 | Q1 FY2027 quarter end | 10-Q | Revenue $81,615m, gross margin 74.9%, operating margin 65.60% — the base for everything here |
| 2026-05-20 | Q1 FY2027 10-Q filed | accession 0001045810-26-000052 | First quarter on the new market-platform presentation; Compute/Networking split retired |
| 2026-02-25 | FY2026 10-K filed | accession 0001045810-26-000021 | Last full Compute vs Networking disclosure: $162,361m / $31,376m |
| February 2026 (month only, as filed) | USG granted a licence to ship "small amounts of H200 products to specific China-based customers" | FY2026 10-K | "To date, we have not generated any revenue under the H200 licensing program." Requires US inspection pre-shipment and carries a 25% import tariff. Unpriced: Q2 FY2027 guidance assumes zero China Data Center compute revenue |
| Item | Guidance | Source |
|---|---|---|
| Q2 FY2027 revenue | $91.0bn ± 2%, with no Data Center compute revenue from China assumed | Q1 FY2027 CFO commentary, 8-K 0001045810-26-000051 |
| Q2 FY2027 GAAP gross margin | 74.9% ± 50bp (non-GAAP 75.0%) | same |
| Q2 FY2027 GAAP operating expenses | ≈$8.5bn (non-GAAP $8.3bn) | same |
| Q2 FY2027 implied GAAP operating margin | 65.6% (91.0 × 74.9% − 8.5) — flat on the all-time high | derived from the above |
| FY2027 GAAP and non-GAAP tax rate | 16.0%–18.0% | same |
Q2 FY2027 earnings date: NOT DISCLOSED. NVIDIA has not announced it in any document reviewed. Context only, not a forecast: the last five reports were released 2025-05-28, 2025-08-27, 2025-11-19, 2026-02-25 and 2026-05-20 — 22 to 32 days after the respective quarter ends. Q2 FY2027 ends in late July 2026.
Fiscal 2027 ends late January 2027. All figures as of 2026-04-26 unless stated.
| Fiscal year | Manufacturing / supply / capacity | Cloud service agreements | Investment commitments | Other vendor |
|---|---|---|---|---|
| FY2027 (remainder) | $95bn | $6bn | $27bn ("substantially all... through the remainder of fiscal year 2027") | majority of $6bn |
| FY2028 | } | $7bn | ||
| FY2029 | } combined $24bn | $7bn | ||
| FY2030 | } across FY2028–FY2031 | $5bn | ||
| FY2031 | } | $3bn | ||
| FY2032+ | — | $2bn | ||
| Total | $119bn | $30bn | $27bn | $6bn |
Plus: $22.7bn of leases NVIDIA "expects to commence" between fiscal 2027 and fiscal 2030, "primarily data center leases," with terms of 1.8 to 20 years (FY2026 10-K lease note). Not yet on the balance sheet.
Why this table is the calendar's most useful entry: it is the only quantified forward series NVIDIA publishes, it re-prints every quarter, and its direction is the cleanest available read on whether the cycle has turned. Movement to watch, in order of information content:
| Event | Status | Source |
|---|---|---|
| Rubin platform ramp | On a stated one-year architecture cadence; no launch or volume date disclosed | FY2026 10-K: "We continue to execute Data Center compute product introductions, bringing new advanced architectures on a one-year product cadence, including our Rubin platform." Prepared-remark mentions: 0 → 4 → 6 → 9 → 4 across FQ2026 Q1–FQ2027 Q1 |
| Blackwell Ultra / GB300 | Production units began shipping in Q2 FY2026 (quarter, not date) | FY2026 10-K |
| DGX Spark | Launched during FY2026; drove Professional Visualization +70% | FY2026 10-K |
| GTC / any conference | NOT DISCLOSED in any filing reviewed — no date recorded | — |
| Annual meeting of stockholders | NOT DISCLOSED in the documents reviewed | — |
These are not "catalysts" in the press-release sense but they are the four numbers that decide the thesis, and each re-prints on a known cadence with the 10-Q or 10-K: