Tucked neatly inside the investor materials Nvidia produced last week to show its record full fiscal year 2026 revenues of $215.9 billion and a fourth-quarter revenue beat of $68.1 billion were a few lines in the chief financial officer’s commentary that caught even some close observers of the company by surprise.
“Beginning in the first quarter of fiscal 2027, we will include stock-based compensation expense in our non-GAAP financial measures,” chief financial officer Colette Kress noted in her prepared commentary. “Stock-based compensation is a foundational component of our compensation program to attract and retain world-class talent.”
