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Record quarter lifts revenue to $8.965 billion; company guides for $10.3 billion to $10.8 billion in first-quarter revenue

2026-08-05·newswire-us-stock-223001
Record quarter lifts revenue to $8.965 billion; company guides for $10.3 billion to $10.8 billion in first-quarter revenue.

The company reported record financial results and issued guidance. Fourth-quarter revenue reached $8.965 billion, up 51% sequentially and 372% year over year, exceeding the upper end of its guidance. About one-third of the sequential increase came from higher Bits shipments, while two-thirds came from price increases.

Non-GAAP gross margin rose to 84.6% from 78.4% in the previous quarter. Non-GAAP earnings per share were $39.25, above the company’s guidance range of $30 to $33. Operating cash flow was $7.126 billion. During the quarter, the company returned $4.5 billion to shareholders through share repurchases.

For fiscal 2026, total revenue reached $20.248 billion, up 175% year over year. Bits shipment growth was in the middle of the mid-teens range, in line with expectations. For the first quarter of fiscal 2027, the company expects revenue of $10.3 billion to $10.8 billion, driven by higher Bits shipments and moderate price increases.

It expects non-GAAP gross margin of 83% to 85% and non-GAAP earnings per share of $44 to $46.

#Stocks #Earnings

Full text

Record quarter lifts revenue to $8.965 billion; company guides for $10.3 billion to $10.8 billion in first-quarter revenue

The company reported record financial results and issued guidance. Fourth-quarter revenue reached $8.965 billion, up 51% sequentially and 372% year over year, exceeding the upper end of its guidance. About one-third of the sequential increase came from higher Bits shipments, while two-thirds came from price increases. Non-GAAP gross margin rose to 84.6% from 78.4% in the previous quarter. Non-GAAP earnings per share were $39.25, above the company’s guidance range of $30 to $33. Operating cash flow was $7.126 billion. During the quarter, the company returned $4.5 billion to shareholders through share repurchases. For fiscal 2026, total revenue reached $20.248 billion, up 175% year over year. Bits shipment growth was in the middle of the mid-teens range, in line with expectations. For the first quarter of fiscal 2027, the company expects revenue of $10.3 billion to $10.8 billion, driven by higher Bits shipments and moderate price increases. It expects non-GAAP gross margin of 83% to 85% and non-GAAP earnings per share of $44 to $46.

The company reported record financial results and issued guidance.

Fourth-quarter revenue reached $8.965 billion, up 51% sequentially and 372% year over year, exceeding the upper end of its guidance. About one-third of the sequential increase came from higher Bits shipments, while two-thirds came from price increases.

Non-GAAP gross margin rose to 84.6% from 78.4% in the previous quarter. Non-GAAP earnings per share were $39.25, above the company’s guidance range of $30 to $33.

Operating cash flow was $7.126 billion. During the quarter, the company returned $4.5 billion to shareholders through share repurchases.

For fiscal 2026, total revenue reached $20.248 billion, up 175% year over year. Bits shipment growth was in the middle of the mid-teens range, in line with expectations.

For the first quarter of fiscal 2027, the company expects revenue of $10.3 billion to $10.8 billion, driven by higher Bits shipments and moderate price increases. It expects non-GAAP gross margin of 83% to 85% and non-GAAP earnings per share of $44 to $46.

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