Q2 2026 quarterly revenue
- Before
- $640M placeholder
- After
- $582.3M
- Reason
- Replaced an unverified placeholder with consolidated revenue reported for the three months ended June 30, 2026.
Corrections and evidence
If a record is wrong, send the record URL, the stronger source and a short explanation. Primary documents take priority over commentary.
Submit evidence
Email the record URL and source link. Submissions are reviewed manually; sending a message does not publish personal information on the site.
Email evidencePublished correction history
Q2 2026 customer commitments
- Before
- $22B placeholder
- After
- More than $40B disclosed; $40B stored as the lower bound
- Reason
- Replaced an unverified placeholder with the lower bound disclosed in the shareholder letter.
Q2 2026 customer prepayment balance
- Before
- $4.2B placeholder
- After
- $5.9752B derived from deferred revenue
- Reason
- Replaced an unverified placeholder with the sum of $979.4M current and $4,995.8M non-current deferred revenue reported on the balance sheet.
Q2 2026 capital expenditures
- Before
- $2.0B placeholder
- After
- $5.6574B
- Reason
- Replaced an unverified placeholder with purchases of property and equipment and intangible assets reported for the three months ended June 30, 2026.
Q3 2025 operating-cost ratios
- Before
- Cost of revenue 27%; product development 39%; SG&A 55%; depreciation and amortization 65%
- After
- Cost of revenue 29%; product development 31%; SG&A 61%; depreciation and amortization 68%
- Reason
- Replaced placeholder ratios with the expense-to-revenue ratios reported in the quarterly results.
Q4 2025 ARR
- Before
- $1.0B placeholder
- After
- $1.25B
- Reason
- Replaced the placeholder with the year-end ARR disclosed in the shareholder letter.
Q4 2025 operating-cost ratios
- Before
- Cost of revenue 26%; product development 37%; SG&A 46%; depreciation and amortization 58%
- After
- Cost of revenue 30%; product development 23%; SG&A 70%; depreciation and amortization 79%
- Reason
- Replaced placeholder ratios with the expense-to-revenue ratios reported in the quarterly results.
Q1 2026 ARR
- Before
- $2.05B placeholder
- After
- $1.92B
- Reason
- Replaced the placeholder with ARR disclosed in the shareholder letter.
Q1 2026 operating-cost ratios
- Before
- Cost of revenue 24%; product development 35%; SG&A 38%; depreciation and amortization 50%
- After
- Cost of revenue 26%; product development 17%; SG&A 36%; depreciation and amortization 53%
- Reason
- Replaced placeholder ratios with the expense-to-revenue ratios reported in the quarterly results.
Q2 2025 shares outstanding
- Before
- 230.5M placeholder
- After
- 238,705,092
- Reason
- Replaced the rounded placeholder with the exact Class A and Class B shares outstanding on the quarter-end balance sheet.
Q3 2025 shares outstanding
- Before
- 232.8M placeholder
- After
- 251,807,222
- Reason
- Replaced the rounded placeholder with the exact Class A and Class B shares outstanding on the quarter-end balance sheet.
Q4 2025 shares outstanding
- Before
- 234.9M placeholder
- After
- 253,016,971
- Reason
- Replaced the rounded placeholder with the exact Class A and Class B shares outstanding on the quarter-end balance sheet.
Q1 2026 shares outstanding
- Before
- 253.9M rounded value
- After
- 253,898,194
- Reason
- Replaced the rounded value with the exact Class A and Class B shares outstanding on the quarter-end balance sheet.
Q2 2026 shares outstanding
- Before
- 271.9M rounded value
- After
- 271,855,218
- Reason
- Replaced the rounded value with the exact Class A and Class B shares outstanding on the quarter-end balance sheet.
Latest reported cash and equivalents
- Before
- $5.0B placeholder
- After
- $8.0421B as of June 30, 2026
- Reason
- Replaced the placeholder with the balance-sheet amount and made clear that it predates the July and August financing transactions.
Q1 2026 deferred revenue
- Before
- $4.8B rounded value
- After
- $4.7781B
- Reason
- Replaced the rounded value with current plus non-current deferred revenue on the balance sheet.
Q2 2026 deferred revenue
- Before
- $6.0B rounded value
- After
- $5.9752B
- Reason
- Replaced the rounded value with current plus non-current deferred revenue on the balance sheet.
Current gross debt and net debt
- Before
- $6.525B gross debt and $1.5B net debt
- After
- Not shown after the August 2026 refinancing
- Reason
- The former gross-debt figure omitted older notes that remained outstanding, while the net-debt figure combined an earlier cash balance with later transactions. The closing release does not provide a complete post-transaction balance.
Connected power
- Before
- 1.0 GW presented as current connected power
- After
- 800 MW to 1.0 GW year-end 2026 guidance
- Reason
- The company disclosed a guidance range, not a current connected-power observation. The UI now labels the value as guidance and preserves the range.
ARR commitment baseline
- Before
- $1.0B baseline dated February 19, 2026
- After
- $1.25B baseline dated February 12, 2026
- Reason
- The 2025 exit ARR and the Q4 shareholder-letter publication date were corrected to the disclosed values.
Q4 2025 contracted-power guidance date
- Before
- February 19, 2026 approximate date
- After
- February 12, 2026
- Reason
- Replaced the approximate date with the publication date on the shareholder letter.
Q1 2026 contracted-power guidance date
- Before
- May 14, 2026 approximate date
- After
- May 13, 2026
- Reason
- Replaced the approximate date with the publication date on the shareholder letter.
Q2 2026 contracted-power guidance date
- Before
- August 7, 2026 approximate date
- After
- August 12, 2026
- Reason
- Replaced the approximate date with the publication date on the shareholder letter.
Auction premium figures
- Before
- 15% versus best price and 20% versus pipeline
- After
- Removed
- Reason
- The figures could not be confirmed in the opened primary Q2 materials, so they are no longer published.
NVIDIA B200 availability
- Before
- Scaled since January 15, 2026 approximate date
- After
- Production since August 12, 2025
- Reason
- Replaced the approximate state and date with the dated self-service availability announcement.
NVIDIA GB200 NVL72 availability
- Before
- Production since February 15, 2026 approximate date
- After
- Production since June 11, 2025
- Reason
- Replaced the approximate date with the dated general-availability announcement.
NVIDIA GB300 NVL72 availability
- Before
- Validating since July 1, 2026 placeholder date
- After
- Production since December 17, 2025
- Reason
- Replaced the placeholder with the dated production-availability announcement.
NVIDIA Vera Rubin state
- Before
- Received August 10, 2026 placeholder date
- After
- Validating as disclosed August 12, 2026
- Reason
- The shareholder letter states that the first systems were received and were under validation, but does not disclose the receipt date; the record therefore uses the disclosure date.
Israel data-center record
- Before
- Tel Aviv metro, announced, 100 MW, zero completion, June 30, 2027 target
- After
- Live Modiin colocation deployment; power and completion not disclosed
- Reason
- The company announcement identifies a live Modiin deployment with 4,000 NVIDIA HGX B200 systems but does not disclose megawatts or a future energization target.
Vera Rubin deployment catalyst
- Before
- Deployment begins March 31, 2027
- After
- Removed
- Reason
- The company says first systems are under validation and customer deployment will follow as shipments scale, but does not disclose that date.
London site-level capacity
- Before
- 60 MW contracted, 45 MW live, 75% complete
- After
- Not disclosed at site level
- Reason
- Removed operator estimates. The announcement discloses only that four UK deployments should reach 65 MW combined when fully ramped in 2027.
Kansas City site-level capacity
- Before
- 190 MW contracted and live, 100% complete
- After
- Current site-level megawatts not disclosed
- Reason
- Removed operator estimates. The original announcement described a 5 MW initial phase expandable to 40 MW, not 190 MW of live capacity.
Mäntsälä site capacity
- Before
- 145 MW contracted and live
- After
- 75 MW contracted and live
- Reason
- Replaced the operator estimate with the completed expansion capacity disclosed by the company.
Paris site-level capacity
- Before
- 10 MW contracted and live, 100% complete
- After
- Site is live; megawatts and completion not disclosed
- Reason
- Removed operator estimates while retaining the disclosed operating state.
Vineland site-level capacity
- Before
- 800 MW contracted, 610 MW live, 76% complete
- After
- Current site-level megawatts and completion not disclosed
- Reason
- Removed operator estimates that were not supported by the cited shareholder letter.
2029 convertible-note maturity
- Before
- June 1, 2029 approximate date
- After
- June 5, 2029
- Reason
- Replaced the approximate date with the maturity date disclosed in the offering announcement.
Year-end 2026 capacity fully active catalyst
- Before
- June 30, 2027 estimated date
- After
- Removed
- Reason
- The date could not be confirmed in an opened primary source and was therefore removed rather than retained as an operator estimate.
NVIDIA H100 availability state
- Before
- Scaled since March 1, 2024
- After
- Production availability confirmed February 4, 2025
- Reason
- The earlier state and date lacked a direct source. The record now starts from the opened self-service availability announcement.
NVIDIA H200 availability state
- Before
- Scaled since February 1, 2025
- After
- Production availability confirmed February 4, 2025
- Reason
- The record now uses the dated self-service availability announcement and no longer overstates the product as a fleet workhorse.
November 2025 Meta agreement metadata
- Before
- Approximately $3B; term not shown; dated November 15, 2025 from press reports
- After
- Approximately $3B over five years; dated November 11, 2025 from the company announcement
- Reason
- Replaced secondary, approximate metadata with the company’s dated disclosure.
Birmingham site-level capacity and completion
- Before
- 300 MW contracted and 35% complete
- After
- Not disclosed
- Reason
- Removed operator estimates. The company page provides a staged development timeline but not a current contracted-MW figure or percentage-complete measure.
Schuylkill County planned capacity
- Before
- 1,000 MW contracted and 5% complete
- After
- 1,200 MW planned full buildout; completion not disclosed
- Reason
- Replaced the rounded capacity and operator completion estimate with the published development plan.
Alabama zoning-trial catalyst
- Before
- March 8, 2027 shown as a confirmed trial date
- After
- Removed
- Reason
- The date was sourced only to secondary commentary and could not be confirmed in an opened court record.
Estonia site build completion
- Before
- 0%
- After
- Not disclosed
- Reason
- Removed an unsupported zero. The source says the site was added to the pipeline but does not report construction completion.
Second Finland site build completion
- Before
- 0%
- After
- Not disclosed
- Reason
- Removed an unsupported zero. The source says a second Finnish site was added but does not report construction completion.
Iceland site build completion
- Before
- 0%
- After
- Not disclosed
- Reason
- Removed an unsupported zero. The site map names Iceland but does not report construction completion.
Minnesota site build completion
- Before
- 0%
- After
- Not disclosed
- Reason
- Removed an unsupported zero. The site map names Minnesota but does not report construction completion.
Newport site build completion
- Before
- 0%
- After
- Not disclosed
- Reason
- Removed an unsupported zero. The source says two additional UK sites were added but does not report construction completion for Newport.
Oklahoma site build completion
- Before
- 0%
- After
- Not disclosed
- Reason
- Removed an unsupported zero. The site map names Oklahoma but does not report construction completion.
Spain site build completion
- Before
- 0%
- After
- Not disclosed
- Reason
- Removed an unsupported zero. The site map names Spain but does not report construction completion.