NVDA After Earnings: Every Reaction Since 2016 in One Table

43 NVIDIA Earnings Reports, Measured Day by Day

Quick answer: NVDA has moved an average of 6.78% (up or down) the day after its 43 scheduled earnings reports since 2016, rising 25 times (58%). After the August 26, 2026 report it gained 8.74%. The next report (Q3 fiscal 2027) had not been dated as of October 16, 2026.

Updated October 2026: August 2026 report added, statistics recalculated, next-date section added.

If you are searching for what NVIDIA stock does after earnings, you probably want one thing: the actual numbers, not another preview column. So here they are. This page contains all 43 scheduled NVIDIA earnings reports from February 2016 through August 2026, the exact date each one was filed, and precisely how much NVDA moved the next trading day.

The short answer: NVDA's average one-day reaction is 6.8% in absolute terms, it has closed higher 25 times out of 43 (58%), and the extremes run from +29.8% to −18.8%. The recent pattern is the one most readers ask about: NVIDIA fell after four consecutive reports from August 2025 to May 2026, and the streak ended on 27 August 2026, when the stock rose 8.74% after a quarter of $96.2 billion in revenue.

Every figure below is reproducible. Report dates come from NVIDIA's own 8-K filings with the SEC, and reactions are computed from split-adjusted daily closes. The methodology section at the end explains exactly how, including the two occasions that most earnings calendars get wrong.

The complete table: every NVIDIA earnings reaction since 2016

NVIDIA reports after the US market closes, so the "reaction day" is always the next trading session. The 5-day column measures the move from the pre-earnings close through four sessions after the reaction day.

The chart above covers the first 42 reports; the table includes the August 2026 report.

The headline numbers from 43 reports

Aggregating the table gives a clean statistical profile of what an NVIDIA earnings night is actually worth:

• Average absolute move: 6.78%. This is the number to compare against the options market's implied move. If the straddle is pricing less than about 6%, history says that is cheap relative to the past decade.
• Median absolute move: 5.27%. The median sits well below the average, which tells you the distribution has a long tail: a handful of very large reactions pull the mean up.
• Average signed move: +2.81%. Positive, but driven mostly by five reactions above +15%.
• Higher 25 times, lower 18 times (58%). Slightly better than a coin flip.
• 23 of 43 reactions (53%) were at least 5%. Thirteen were at least 8%.
• Biggest gain: +29.81% on 11 November 2016. Biggest drop: −18.76% on 16 November 2018, when the crypto-mining hangover wiped out a quarter of NVIDIA's channel demand.

Note what this means for anyone holding through the print. A stock that moves an average of 6.8% overnight, with a 58% hit rate, is close to a fair coin with a very large payout on both sides. That is a volatility event, not an edge.

The four-report losing streak and how it ended

NVIDIA spent 2023 through 2026 becoming the most valuable company in the world on the back of AI infrastructure demand. Over the same window, its earnings-day reactions turned negative for two years before the August 2026 report.

• The four reports from August 2025 to May 2026 all closed lower. Average: −2.79%.
• The August 26, 2026 report ended the streak: +8.74% the next day and +7.04% over five sessions, after revenue of $96.2 billion, up 106% from a year earlier, and a third-quarter outlook of $108.0 billion (plus or minus 2%).
• Including August 2026, the last eight reports produced three gains. Average: −0.89%.
• Reactions have also compressed. Average absolute move over the last eight is 4.02%, about 60% of the 6.78% long-run figure.

The mechanism is the most useful thing on this page. NVIDIA's revenue grew in every one of these quarters, and the stock still fell after most of them. That is what happens when expectations, not results, become the binding constraint: a company guiding to records can still disappoint a market that has already priced records plus a margin. The same dynamic ran through the whole AI complex — see how it played out across the sector in every SOX semiconductor bear market since 1995, and how prior manias resolved in every tech bubble since 1929.

For 2016 and 2017, the average reaction was +14.8% and +3.8%. For 2025 it was −2.3%, and for 2026 through August it is +0.5% across three reports. The business grew many times over; the average earnings-day payoff fell.

Earnings days are not where NVDA's returns came from

This is the least intuitive result in the dataset, and it is worth checking before you plan any trade around the next report.

Take $1 invested in NVDA at the close before the first reaction day in this study (17 February 2016) and hold it to 15 October 2026. You would have about $314 on split-adjusted closing prices, dividends excluded.

Now take the same $1, but hold NVDA only on the 43 earnings reaction days and sit in cash the rest of the time. You would have $2.80.

The chart above runs through 31 July 2026 and the first 42 reports.

Forty-three of the most-watched trading days of the decade delivered a 2.8x. The other 2,638 sessions delivered the rest. NVIDIA's returns were built in the long grind between reports — the re-ratings, the product cycles, the sector flows — not in the overnight gaps that get all the coverage.

This mirrors what the 20 worst days in S&P 500 history show at index level: concentrating your risk into a handful of headline sessions is a good way to take maximum volatility for a fraction of the return.

The two reports that were not on the calendar

Most earnings-history tables you will find online are built by scraping a calendar. That introduces a specific error, and NVIDIA is the textbook case of it.

Twice in the last decade NVIDIA filed an 8-K under Item 2.02 — the item covering results of operations — outside its scheduled reporting date, to pre-announce that revenue would badly miss its own guidance. Both were released before the opening bell, not after the close, so the reaction is the same session, not the next one:

• 28 January 2019: NVIDIA cut its Q4 FY2019 revenue outlook, blaming weak gaming demand as the crypto-mining boom unwound. NVDA fell −13.82% that day. The scheduled report followed on 14 February and moved the stock just +1.82% — the damage was already done.
• 8 August 2022: NVIDIA pre-announced a large Q2 FY2023 gaming shortfall. NVDA fell −6.30% that day, then rose +4.01% on the scheduled report two weeks later.

These two events are excluded from the 42-report table because they are not scheduled quarterly results, and mixing them in would corrupt both the average and the win rate. They are included here because they carry a lesson a calendar cannot teach: NVIDIA's two worst pieces of fundamental news in a decade arrived on days nobody had circled.

Does the first-day move stick?

A fair question for anyone deciding whether to react on the day or wait. Across all 43 reports, the direction of the day-one move was still intact four sessions later 36 times, 84% of the time.

That is a high persistence rate, and it cuts against the common instinct to fade an earnings gap. It does not mean the move extends; the 5-day column shows plenty of cases where the initial reaction faded in magnitude while keeping its sign. But wholesale reversals within a week are the exception, occurring in roughly one report in six.

The clearest reversal in the table is 24 August 2022: NVDA closed +4.01% on the reaction day, then gave it all back and more, ending the five-day window at −12.36% as the broader market rolled over. Context outside the print can overwhelm it.

What August specifically has looked like

Grouping the 43 reports by reporting month produces a seasonal difference, and it is relevant because NVIDIA has reported its July quarter between 23 and 28 August in each of the last five years.

The August print is historically the quietest of the four: an average absolute move of 4.28%, a little over half of February's 7.88%. May has been the most rewarding: +6.40% on average, and home to the +24.37% reaction in 2023 that repriced the entire AI trade.

Treat this as a base rate, not a forecast. Eleven observations is a small sample, and the sample is not stable: the last three Augusts printed −6.38%, −0.79% and +8.74%.

When is NVIDIA's next earnings date?

As of 16 October 2026, NVIDIA had not announced the date of its third-quarter fiscal 2027 report. It reported the same quarter on 20 November 2024 and 19 November 2025, and announced each date about three weeks in advance on NVIDIA's investor relations site. Its guidance for the quarter is revenue of $108.0 billion, plus or minus 2%. For reference, the 10 November reports in the table averaged +1.54% (7.24% in absolute terms) and closed higher five times.

How to actually use this table

A reference table is only worth the decisions it improves. Three concrete uses:

1. Price the event honestly. Before the print, compare the options-implied move against the 6.78% average and 5.27% median. When implied volatility is well above both, you are being asked to pay a premium for an event whose historical hit rate is 58%.

2. Separate the beat from the reaction. NVIDIA's revenue grew in each of the last eight quarters and the stock fell after five of those reports. If your thesis is "they will beat," this table shows that thesis has not been enough on its own. The question worth answering is what is already priced.

3. Size for the tail, not the average. Thirteen of 43 reactions exceeded 8%. A position sized for a typical 5% move is sized wrong for the 13-in-43 chance of something much larger.

If you want the pre-earnings setup broken down live rather than from a static table, SimianX runs a multi-agent workflow over technicals, fundamentals, news and sentiment for any US ticker — open NVDA in the Live Command Room to watch the agents build the case in real time, or let an autopilot monitor the position and alert you when the setup changes. We also publish which AI model is actually the best trader on live profit and loss, and a direct comparison of multi-agent AI versus ChatGPT on NVDA signals.

Methodology

Report dates. Taken from NVIDIA Corporation's 8-K filings containing Item 2.02 (Results of Operations and Financial Condition), retrieved from the SEC EDGAR full-text filing index for CIK 0001045810. These are the dates NVIDIA legally reported, not a third-party calendar estimate.

Reaction day. NVIDIA releases scheduled results after the US close, so the reaction is measured on the next regular trading session: the percentage change from the last close before the release to the close on the following session. The 5-day column measures from that same pre-release close through four sessions after the reaction day.

Prices. Split-adjusted daily closing prices, which correctly span NVIDIA's 4-for-1 split in July 2021 and 10-for-1 split in June 2024. Using unadjusted prices across those dates is the second most common error in tables of this kind.

Exclusions. The two Item 2.02 pre-announcements dated 28 January 2019 and 8 August 2022 are excluded from the 43-report sample and analysed separately, because they were unscheduled and released pre-market.

Coverage. 43 scheduled reports from 17 February 2016 through 26 August 2026. Data through the close of 15 October 2026, when NVDA finished at $217.23. The August 2026 reaction (close of $209.66 on 26 August, $227.98 on 27 August) was checked against Nasdaq's historical quotes and matches to the cent. Options-implied moves are not tabulated because we could not confirm a pre-report figure for August 2026 from two independent sources.

Frequently asked questions

How much does NVDA usually move after earnings?

The average one-day move after the last 43 scheduled reports is 6.78% in either direction, with a median of 5.27%. Just over half of all reactions (23 of 43) were 5% or larger, and 13 were 8% or larger.

Does NVDA stock go up or down after earnings?

Up slightly more often than down: higher 25 times and lower 18 times, a 58% rate. Over the last eight reports there were three gains; the +8.74% move after the August 2026 report ended a run of four declines.

What happened to NVDA after its August 2026 earnings?

NVIDIA reported on 26 August 2026 after the close: revenue of $96.2 billion, up 106% year over year, and a third-quarter outlook of $108.0 billion. The stock rose 8.74% on 27 August, from $209.66 to $227.98, and was up 7.04% after five sessions.

When is NVIDIA's next earnings date?

Not yet announced as of 16 October 2026. The same quarter was reported on 20 November 2024 and 19 November 2025, each announced about three weeks ahead. Check NVIDIA's investor relations site for the official date.

What is NVDA's biggest ever earnings move?

The largest gain was +29.81% on 11 November 2016. The largest decline was −18.76% on 16 November 2018. The unscheduled revenue warning of 28 January 2019 produced a −13.82% day, the worst earnings-related session outside the scheduled calendar.

Does NVIDIA report before or after the market opens?

After the close, for all scheduled quarterly results in this dataset. The two exceptions were unscheduled pre-market revenue warnings in January 2019 and August 2022.

Should I buy NVDA before earnings?

This page does not give investment advice. The data show a 58% rate of next-day gains with an average 6.8% swing either way, and three gains in the last eight reports. Holding through the print has been a volatility event more than a reliable edge.

Related reading

• Why TSMC Stock Fell After Q3 2026: Every Earnings Reaction
• Semiconductor Bear Markets: Every SOX Crash, 1995–2026
• Every Tech Bubble Since 1929: How AI in 2026 Compares
• The 20 Worst Days in S&P 500 History and What Came Next
• S&P 500 Seasonality: The Best & Worst Months 1950–2026
• Which AI Model Is the Best Trader? Ranked by Average R
• The Magnificent 7 in 2026: Weights & Concentration Risk
• When Did Tesla IPO? The Date, Price, and 290x Return
• More reference tables in the AI and markets topic hub
• Browse all SimianX market research

References

• SEC EDGAR — NVIDIA Corporation 8-K filings (CIK 0001045810)
• NVIDIA — Financial results for the second quarter of fiscal 2027
• Nasdaq — NVDA historical prices
• NVIDIA — Investor relations events and filings

This article is for information only and is not investment advice. Past reactions do not predict future ones.