---
schema_version: "secwatch.filing_event.v1"
accession: "0001045810-22-000163"
form_type: "8-K"
ticker: "NVDA"
cik: "0001045810"
company_name: "NVIDIA CORP"
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:14:42.997657+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NVIDIA Q3 FY2023 revenue falls 17% YoY; GAAP EPS down 72% to $0.27

## Summary
- Revenue $5.93B (-17% YoY); GAAP EPS $0.27 (-72% YoY); non-GAAP EPS $0.58 (-50% YoY).
- Data Center revenue $3.83B (+31% YoY); Gaming $1.57B (-51% YoY) on channel inventory correction.
- Q3 GAAP gross margin 53.6% vs 65.2% a year ago; $702M inventory charge largely from China demand softness.
- Q4 FY2024 outlook: revenue ~$6.00B (±2%); GAAP gross margin ~63.2%.
- Returned $3.75B to shareholders in Q3 via buybacks & dividends; $8.28B remaining under repurchase authorization.

## SEC filing metadata
- accession: 0001045810-22-000163
- form_type: 8-K
- ticker: NVDA
- cik: 0001045810
- company_name: NVIDIA CORP
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045810/000104581022000163/0001045810-22-000163-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045810/000104581022000163/nvda-20221116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001045810-22-000163
- JSON: https://secwatch.observer/filing/0001045810-22-000163.json
- Plain text: https://secwatch.observer/filing/0001045810-22-000163.txt

## Key facts
- Earnings Releases
  NVIDIA CORP reported the third quarter ended October 30, 2022 results: revenue $5.93 billion, EPS $0.27.
  - Period: the third quarter ended October 30, 2022
  - Revenue: $5.93 billion
  - EPS: $0.27
  - Result: reported results
  source text: NVIDIA (NASDAQ: NVDA) today reported revenue for the third quarter ended October 30, 2022, of $5.93 billion, down 17% from a year ago and down 12% from the previous quarter. GAAP earnings per diluted share for the quarter were $0.27, down 72% from a year ago and up 4% from the previous quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045810/000104581022000163/0001045810-22-000163-index.htm
- Earnings Releases
  NVIDIA CORP reported the fourth quarter of fiscal 2023 results: revenue $6.00 billion. Guidance initiated.
  - Period: the fourth quarter of fiscal 2023
  - Revenue: $6.00 billion
  - Guidance: initiated
  - Result: guidance update
  source text: Revenue is expected to be $6.00 billion, plus or minus 2%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045810/000104581022000163/0001045810-22-000163-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.