NVIDIA earnings calls

Earnings callAug 26, 2026

Q2 FY2027 earnings call

Colette Kress, CFO

Summary

Kress said Amazon will adopt NVIDIA's full physical AI stack, Omniverse, Cosmos, Isaac and Jetson, to power its fleet of warehouse robots; NVIDIA gave no timing or volume. She said NVIDIA is partnering with Noetra, Japan's national AI company, on an NVIDIA DSX AI factory that will create open models for AI agents, digital twins, robotics and physical AI, and that LG and Hyundai Motor Group are partnering with NVIDIA to build and scale AI. NVIDIA expects supply to remain a bottleneck at least through fiscal 2028, which ends in January 2028; the remarks concern data-center supply, not robot components.

What Colette said (the speaker’s own statements, not our findings)

1. Fact statementAt 4:11

   NVIDIA said Amazon will adopt its full physical AI stack, meaning Omniverse, Cosmos, Isaac and Jetson, to power Amazon's fleet of warehouse robots. NVIDIA gave no timing or volume.

2. Fact statementAt 15:04

   NVIDIA announced a partnership with Noetra, Japan's national AI company, to build an NVIDIA DSX AI factory that will create open models for AI agents, digital twins, robotics and physical AI applications. It also said South Korea's LG and Hyundai Motor Group are partnering with NVIDIA to build and scale AI.

3. Forecast statementAt 24:20

   NVIDIA said it expects supply to remain a bottleneck at least through the end of fiscal 2028, which ends in January 2028, and guided fiscal 2028 revenue growth of about 70% as a supply-constrained outlook. The remarks concern data-center supply, with memory prices the main cost pressure, and do not address robot components.

Sources:Replay on NVIDIA’s site (sign-up required)

KeynoteJun 1, 2026

GTC Taipei 2026 keynote

Jensen Huang, CEO

What Jensen said (the speaker’s own statements, not our findings)

1. Fact statementWatch from 1:39:40

   At its Taipei keynote, NVIDIA announced Cosmos 3, an open foundation model for physical AI. Huang said it can understand and reason about the physical world, generate and simulate it, and can even act as the robot's policy. NVIDIA releases the model, the data and how it was trained.

2. Fact statementWatch from 1:47:40

   Huang announced a reference humanoid robot for university and higher-education researchers, fully integrated and running NVIDIA's new Thor robot computer and its full software stack for data generation, simulation and runtime. He described it as 31 degrees of freedom, with 25-degree-of-freedom hands made by Sharpa, about 6 feet tall and 150 pounds. NVIDIA's keynote slide says it is built on a Unitree H2 Plus and available in October 2026.

Sources:Watch the replaySlides

Earnings callMay 20, 2026

Q1 FY2027 earnings call

Colette Kress, CFO · Jensen Huang, CEO

Summary

Kress said NVIDIA's physical AI revenue exceeded $9 billion over the last 12 months. That compares with more than $6 billion for fiscal 2026, a different period, and NVIDIA did not split robotics from autonomous vehicles. She said NVIDIA's partnership with Uber will power a robotaxi fleet across nearly 30 cities on four continents by 2028. Huang said he hopes the physical AI and robotics segment will grow incredibly fast within the next five years, without giving a figure. From this quarter, robotics and automotive sit inside a new Edge Computing platform, whose $6.4 billion of revenue was driven mainly by workstation demand.

What they said (the speakers’ own statements, not our findings)

1. Fact statementColette KressAt 8:20

   Starting with the first quarter of fiscal 2027, NVIDIA changed how it reports revenue. Robotics and automotive no longer appear as separate lines; they sit inside a new Edge Computing platform that also covers PCs, game consoles, workstations and AI-RAN base stations. Edge Computing revenue was $6.4 billion, up 29% from a year earlier and 10% from the prior quarter, driven mainly by workstation demand, so the figure says little about robotics on its own.

2. Fact statementColette KressAt 19:00

   NVIDIA said its physical AI revenue exceeded $9 billion over the last 12 months, compared with more than $6 billion in fiscal 2026. The two figures cover different periods, and NVIDIA did not split either between robotics and autonomous vehicles.

3. Forecast statementColette KressAt 19:05

   NVIDIA said its partnership with Uber will power a robotaxi fleet across nearly 30 cities on four continents by 2028. In the same passage it said leading companies in industrial, surgical and humanoid robotics are building on its technology to develop and deploy at scale, without naming them.

4. Aspiration statementJensen HuangAt 55:10

   Huang said he hopes that within the next five years the physical AI and robotics segment will grow incredibly fast. He gave no revenue figure or target.

Sources:Replay on NVIDIA’s site (sign-up required)CFO commentary

Earnings callFeb 25, 2026

Q4 FY2026 earnings call

Colette Kress, CFO

Summary

Kress said physical AI had already contributed more than $6 billion of NVIDIA revenue in fiscal 2026. NVIDIA did not say exactly what the figure includes or split it by product. She named Boston Dynamics, Caterpillar, Franka Robotics, LG Electronics and NEURA Robotics as companies whose robots and autonomous machines are powered by NVIDIA, built on its Cosmos and Isaac GR00T open models. Automotive revenue was $604 million in the quarter, up 6% from a year earlier; it was the last quarter NVIDIA reported automotive as its own line.

What Colette said (the speaker’s own statements, not our findings)

1. Fact statementAt 23:25

   Automotive revenue was $604 million in the fourth quarter of fiscal 2026, up 6% from a year earlier and up 2% from the prior quarter, which NVIDIA attributed to demand for self-driving solutions. For the full fiscal year, automotive revenue was $2.35 billion, up 39%. NVIDIA stopped reporting automotive as its own line after this quarter; it now sits inside Edge Computing.

2. Fact statementAt 24:00

   NVIDIA said physical AI contributed more than $6 billion of NVIDIA revenue in fiscal 2026. The surrounding remarks cover robotaxis and robotics, but NVIDIA did not define exactly what the figure includes or break it down by product.

3. Fact statementAt 24:07

   NVIDIA named Boston Dynamics, Caterpillar, Franka Robotics, LG Electronics and NEURA Robotics as leading companies whose robots and autonomous machines are powered by NVIDIA, built on its new Cosmos and Isaac GR00T open models and frameworks.

Sources:Replay on NVIDIA’s site (sign-up required)CFO commentaryFiling