Scores by kind of claim
Each kind of claim is scored on its own, out of 100: the share that held up, with the range it likely falls in. Fewer resolved claims give a wider range.
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Factual claims
Statements about the present or the past, checked against the record: did they hold up?
72 67 78 -
Predictions
Statements about events outside the person's control, checked once they fell due: did they come true?
Insufficient record: 1 prediction resolved, 5 needed for a score.
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Promises
Commitments to the person's or organisation's own future action, with something to deliver: was it delivered?
Insufficient record: 4 promises resolved, 5 needed for a score.
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Guidance
A company's own figures for its results over a period, checked against what it then reported.
Insufficient record: 1 guidance claim resolved, 5 needed for a score.
All types combined: 72 (likely 67 to 78, high confidence), from 101 claims: 101 factual claims. It mixes kinds of claim in different proportions for different people, so compare people kind by kind.
Jensen Huang's claims
1 claim
| Verdict | Kind | Said | Claim | Topic |
|---|---|---|---|---|
| Resolved true | Guidance | 25 Feb 2026 | NVIDIA expects stock-based compensation in Q1 fiscal 2027 to have a 0.1% impact on non-GAAP gross margin and add $1.9 billion to non-GAAP operating expenses. Guidance · 25 Feb 2026 | Their own work or organisation |
“Stock-based compensation expense for the first quarter of fiscal 2027 is expected to have a 0.1% impact on non-GAAP gross margin and $1.9 billion in non-GAAP operating expenses.”
NVIDIA 25 February 2026 NVIDIA Form 8-K - Q4 FY2026 results (SEC)
NVIDIA expects stock-based compensation in Q1 fiscal 2027 to have a 0.1% impact on non-GAAP gross margin and add $1.9 billion to non-GAAP operating expenses.
Resolved true The record shows it happened or was so.
The second judge would not resolve this claim; the verdict shown is the first judge's.
The evidence is the person's or their organisation's own records.
What would count as true or false
Judge against NVIDIA's reported stock-based compensation (SBC) for Q1 fiscal 2027 (quarter ending about late April 2026), using the line-by-line SBC breakdown in the Q1 FY2027 10-Q or earnings release. The gross-margin impact is SBC in cost of revenue divided by revenue. The operating-expense figure is SBC in R&D plus SG&A. Both are point estimates, so judge them at the claim's precision. TRUE: the gross-margin impact rounds to 0.1 percentage point (under 0.15pp), and the opex SBC rounds to $1.9B ($1.85B to under $1.95B). MOSTLY TRUE: one part matches and the other is off by one rounding step (e.g. 0.2pp, or $1.8B or $2.0B), or both are off by one step. MIXED: one part matches and the other is clearly further off. MOSTLY FALSE: both miss, but each is within about 15% or 0.1pp. FALSE: both are clearly off (e.g. opex SBC below $1.6B or above $2.2B, and the margin impact 0.3pp or more), or no SBC was included in non-GAAP for the quarter. A formal restatement of the figures governs.
Evidence
- nvda-20260426 U.S. Securities and Exchange Commission (NVIDIA Form 10-Q for quarter ended April 26, 2026) · 27 September 2026 Own record
“Cost of revenue — Allocated Share Based Compensation Expense — 2026-01-26 to 2026-04-26 [Cost Of Sales Member]: $68 million”
- nvda-20260426 U.S. Securities and Exchange Commission (NVIDIA Form 10-Q for quarter ended April 26, 2026) · 27 September 2026 Own record
“Research and development — Allocated Share Based Compensation Expense — 2026-01-26 to 2026-04-26 [Research And Development Expense Member]: $1,459 million”
- nvda-20260426 U.S. Securities and Exchange Commission (NVIDIA Form 10-Q for quarter ended April 26, 2026) · 27 September 2026 Own record
“Revenue — Revenues — 2026-01-26 to 2026-04-26: $81,615 million”
- NVIDIA Announces Financial Results for First Quarter Fiscal 2027 NVIDIA · 20 May 2026 Own record
“Beginning in the first quarter of fiscal 2027, NVIDIA’s non-GAAP financial measures no longer exclude stock-based compensation expense.”
- nvda-20260426 (Form 10-Q for the quarter ended April 26, 2026) U.S. Securities and Exchange Commission (filed by NVIDIA Corporation) Own record
“Cost of revenue — Allocated Share Based Compensation Expense — 2026-01-26 to 2026-04-26 [Cost Of Sales Member]: $68 million”
- nvda-20260426 (Form 10-Q for the quarter ended April 26, 2026) U.S. Securities and Exchange Commission (filed by NVIDIA Corporation) Own record
“Research and development — Allocated Share Based Compensation Expense — 2026-01-26 to 2026-04-26 [Research And Development Expense Member]: $1,459 million”
- nvda-20260426 (Form 10-Q for the quarter ended April 26, 2026) U.S. Securities and Exchange Commission (filed by NVIDIA Corporation) Own record
“Revenue — Revenues — 2026-01-26 to 2026-04-26: $81,615 million”
- NVIDIA Announces Financial Results for First Quarter Fiscal 2027 NVIDIA · 20 May 2026 Own record
“Beginning in the first quarter of fiscal 2027, NVIDIA’s non-GAAP financial measures no longer exclude stock-based compensation expense.”
- NVIDIA : First Quarter 2027 Press Release MarketScreener · 20 May 2026 Own record
“Three Months Ended April 26, April 27, 2026 2025 Cash flows from operating activities: Net income $ 58,321 $ 18,775 Adjustments to reconcile net income to net cash provided by operating activities: Stock-based compensation expense 1,928 1,474”
- NVIDIA : First Quarter 2027 Press Release MarketScreener · 20 May 2026 Own record
“Beginning in the first quarter of fiscal 2027, NVIDIA's non-GAAP financial measures no longer exclude stock-based compensation expense. The historical non-GAAP financial information presented has been updated to include stock-based compensation expense.”
- NVIDIA : First Quarter 2027 CFO Commentary MarketScreener (UK) · 20 May 2026 Own record
“Beginning in the first quarter of fiscal 2027, NVIDIA's non-GAAP financial measures no longer exclude stock-based compensation expense.”
Reasoning
The Q1 FY2027 10-Q reports $68 million of stock-based compensation in cost of revenue on revenue of $81,615 million (E1, E3). That is about a 0.08 percentage-point gross-margin impact, which rounds to the guided 0.1%. The press release's cash flow statement gives total stock-based compensation of $1,928 million for the quarter (E9). Subtracting the $68 million in cost of revenue leaves about $1,860 million in operating expenses, of which $1,459 million is R&D (E2); $1.86B rounds to the guided $1.9B, though it sits close to the $1.85B lower bound. The earnings release confirms that non-GAAP measures include stock-based compensation from this quarter (E4, E10).
Cite this claim
Jensen Huang, “NVIDIA expects stock-based compensation in Q1 fiscal 2027 to have a 0.1% impact on non-GAAP gross margin and add $1.9 billion to non-GAAP operating expenses.” (said 25 February 2026). Verdict: resolved true. Reliability API, claim c_d9f299b77327, method 0.1.0+03d23c0e. https://epistacklabs.com/claims/c_d9f299b77327
Claims without a verdict
Is a verdict here wrong, or do you speak for Jensen Huang? Reply on the claim's own page, with the form at its foot (how replies work). Verdicts are made automatically; how verdicts and scores are made.