Data Center Networking: Revenue surged 142%, fueled by the ramp of the NVLink compute fabric for Blackwell systems along with sustained growth in Ethernet and InfiniBand technologies.
Physical AI: NVIDIA reported $6 billion in revenue from physical AI in Fiscal 2026. This included milestones such as L4 ready mobility networks through a partnership with Uber and DRIVE powered Mercedes-Benz vehicles.
Technical Roadmap and Product Launches
The company officially introduced the NVIDIA Vera Rubin platform during the fiscal year, which is co-designed specifically for agentic AI workloads. The new architecture is engineered to deliver up to 10x lower token costs compared to the Blackwell platform. NVIDIA also entered into a non-exclusive licensing agreement with Groq to introduce the NVIDIA Groq 3 LPX accelerator for the Vera Rubin platform.
Executive Compensation and Performance Goals
NVIDIA’s executive pay remains highly sensitive to corporate results, with 96% of CEO Jensen Huang’s total target pay dependent on performance.
Reported Compensation: Huang’s total compensation for Fiscal 2026 was reported at $36.3 million in the Summary Compensation Table.
Realized Value: Due to significant stock appreciation, the "compensation actually paid" to the CEO was calculated at $162.2 million.
Target Adjustments: The filing revealed that original performance goals for Fiscal 2026 were automatically adjusted downward (e.g., the revenue "stretch" goal moved from $190 billion to $160 billion) following the imposition of additional export controls on the company’s H20 products during the first half of the year.
Because actual financial results exceeded even the original higher targets, all named executive officers earned maximum payouts under the company’s variable cash and performance stock unit plans.
Annual Meeting Details
The 2026 Annual Meeting of Stockholders will be held virtually on Wednesday, June 24, 2026. Stockholders will vote on the election of ten directors, the ratification of PwC as the independent auditor for Fiscal 2027, and four stockholder proposals. The Board has recommended a vote "Against" all four stockholder proposals.
