Management remarks
Call period: 2026 Q4 · 2026-08-11
Guidance: David Weigand: Now turning to our outlook for Q1 fiscal year '27, we expect net sales to be in the range of $14.5 billion to $15.5 billion, GAAP diluted net income per share to be between $0.89 and $0.98, and non-GAAP diluted net income per share to be between $1.01 and $1.10.Demand and orders: Charles Liang: In our preannouncement, we disclosed over $60 billion in new orders, driving our order book and backlog to new record levels as we enter fiscal year 2027.Margins: David Weigand: Our fiscal year '26 non-GAAP operating margins expanded to 8.1% from 7.1% in fiscal year '25.Analyst Q&A
Analyst George Notter asked: I wanted to ask if you're seeing any relief or shift in sort of the AI pricing environment overall? Management Charles Liang answered: Yes, that's why we forecast between $65 billion to $72 billion. So we'd like to support as many customers as we can, but the business has to be healthy. The margin had to be at least meet the minimum financial kind of demand.管理层陈述
电话会期间：2026 Q4 · 2026-08-11
指引：大卫·韦根德：现在谈谈我们对2027财年第一季度的展望，预计净销售额区间为145亿至155亿美元，GAAP摊薄每股净收益为0.89至0.98美元，非GAAP摊薄每股净收益为1.01至1.10美元。需求与订单：查尔斯·梁：在预公告中我们披露了超过600亿美元的新订单，这推动我们进入2027财年时的订单总额和待执行订单量达到新的纪录水平。利润率：大卫·韦根德：我们2026财年的非GAAP营业利润率从2025财年的7.1%提升至8.1%。分析师问答
分析师乔治·诺特提问：我想了解目前AI定价环境是否出现任何缓解或变化？管理层查尔斯·梁回应：是的，这也是我们将营收预测区间定为650亿至720亿美元的原因。我们希望尽可能服务更多客户，但业务必须保持健康，利润率至少需要满足最低财务要求。This earnings-call research was prepared from company results, regulatory filings, financial statements, and earnings-call transcripts or official replays. It is for informational purposes only and does not constitute investment advice.这篇财报电话会研究基于公司公告、监管文件、财务报表，以及真实电话会文字稿或官方回放整理。内容仅供参考，不构成投资建议。
