Leading AI Companies Brace for Important Earnings Reports

NVIDIA is gearing up to unveil its fiscal Q4 2026 results on February 25, with industry experts projecting revenues to hit $65.6 billion, showcasing a substantial 67% surge from the previous year. This impending announcement serves as a crucial indicator for the AI infrastructure sector and is poised to influence the broader market trajectory significantly.

Market watchers are closely eyeing NVIDIA’s production ramp of the advanced Blackwell architecture chips, with particular emphasis on any remarks regarding potential supply chain hurdles or the forthcoming Rubin chips. These insights could wield substantial sway over the S&P 500 index, underscoring the prevailing demand for AI hardware solutions in the marketplace.

In another arena, CoreWeave is slated to announce its Q4 revenue figures around $1.53 billion on February 26, buoyed by an impressive $56 billion backlog. This robust performance positions CoreWeave as a key bellwether for compute power demand emanating from both AI startups and tech behemoths, signaling a healthy appetite for cloud computing services across the industry.

Meanwhile, Dell is gearing up to disclose its financial results on the same day, with market expectations pegged at earnings of $3.53 per share and revenues of $31.6 billion. Evercore, in particular, has raised the bar higher, projecting Dell to surpass the current revenue and EPS estimates of $31.4 billion and $3.52, respectively.

Dell’s recent momentum in the AI domain is evident from its robust exit from FQ3, boasting AI orders amounting to $12.3 billion and a backlog of $18.4 billion. The prospects only look brighter as FY26 AI server revenues are anticipated to scale up to $25 billion, highlighting a significant growth trajectory in Dell’s AI business vertical.

Adding a feather to its cap, Dell seems to have turned the tide on the market share front, with preliminary IDC data suggesting a nearly 100 basis point gain in Q4 after three years. This resurgence underscores Dell’s competitive mettle in what remains a fiercely contested landscape.

The path ahead for Dell isn’t devoid of challenges, notably the mounting pressures on gross margins due to escalating memory costs. Analysts are bullish on Dell’s internal strategies to navigate this headwind, although an inevitable cost burden could trickle down to end consumers, potentially impacting short-term gross margins.