At this time, I would like to welcome everyone to NVIDIA's fourth-quarter earnings call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.

NVIDIA’s Q4 2025 earnings call will take place today, February 26, at 2 p.m. PT/5 p.m. ET. We’ll be streaming it on the Shacknews Twitch channel. NVIDIA also hosts the call on the company’s investor relations site as a webcast.

Last night we covered NVIDIA's (Nasdaq: NVDA) earnings in a live blog. The big picture is that results last quarter beat expectations by a respectable amount. EPS of $.89 topped Wall Street expectations of $.

Nvidia CFO Colette Kress said gross margins are expected to be in the "low 70s" as Blackwell production ramps up before improving later in the year.

While Nvidia delivered a surge in quarterly revenue, it said first-quarter margin would tighten as it ramps production of its new flagship AI chips.

Nvidia reported its fourth-quarter results after Wednesday's closing bell. Investors and analysts have focused on early sales of the company's new Blackwell line.