Nvidia posts $81.6 billion Q1 revenue

Nvidia reported record first-quarter fiscal 2027 revenue of $81.6 billion on May 20, saying sales rose 85% from a year earlier and 20% from the prior quarter. The Santa Clara, California, company said the quarter ended April 26, 2026. Nvidia also reported record Data Center revenue of $75.2 billion, up 92% from a year earlier. (investor.nvidia.com) Jensen Huang, Nvidia’s chief executive, said in the earnings release that “AI factories are now essential national infrastructure” and said demand was being driven by training and inference workloads. (investor.nvidia.com) The company paired the results with an $80 billion additional share repurchase authorization and a dividend increase to $0.25 a share from $0.01. (investor.nvidia.com) ### How much of the quarter came from Nvidia’s AI server business? Data Center revenue accounted for $75.2 billion of Nvidia’s $81.6 billion total quarterly revenue, making that segment the main driver of the company’s growth. Nvidia said the figure was up 92% from a year earlier. (investor.nvidia.com) Huang said the company was seeing “surging demand for AI reasoning and inference token generation,” linking the quarter’s growth to continued spending on AI infrastructure. Nvidia’s investor materials described the quarter as part of a broader buildout in accelerated computing. ### What did Nvidia say about the pace of growth? (investor.nvidia.com) Nvidia said first-quarter revenue rose 20% sequentially from the previous quarter, extending the company’s recent run of expansion. The company had told investors in February that first-quarter fiscal 2027 revenue was expected to be about $78 billion, plus or minus 2%, which means the reported result came in above that outlook. (investor.nvidia.com) May 20 marked the company’s formal release date for the quarter, even though some media coverage and commentary circulated afterward. Nvidia’s investor relations site lists the webcast, transcript and related financial materials under its first-quarter fiscal 2027 results page. (investor.nvidia.com) ### What else did Nvidia announce with the earnings report? Nvidia said its board approved an additional $80 billion for share repurchases on May 18, without expiration. The company said it had $38.5 billion remaining under its prior authorization at the end of the quarter. June 26, 2026 is the payment date for Nvidia’s higher quarterly cash dividend of $0.25 a share, the company said, with a record date of June 4. (investor.nvidia.com) The increase lifts the dividend from $0.01 a share. ### Why are investors focusing on this report so closely? Nvidia’s results are being watched as a measure of spending by hyperscale cloud companies, enterprises and governments building AI systems, according to the company’s own description of demand drivers. (investor.nvidia.com) Huang said in the release that countries and companies were treating AI infrastructure as a strategic priority. April 29 was the date Nvidia set for announcing the timing of the earnings call, saying it would discuss first-quarter fiscal 2027 results on May 20 after the quarter ended April 26. (nvidianews.nvidia.com) That schedule placed the report at the center of late-May market attention around AI capital spending. ### What comes next after this quarter? Nvidia’s first-quarter webcast was held on May 20 at 2 p.m. Pacific time, and the company said a replay would remain available until its next earnings call for the second quarter of fiscal 2027. The transcript and supporting materials are posted on Nvidia’s investor relations site. (investor.nvidia.com) June 4 is the shareholder record date for the new dividend, and June 26 is the payment date, according to the earnings materials. Nvidia has not yet listed a date in the cited materials for its second-quarter fiscal 2027 report. (nvidianews.nvidia.com) (investor.nvidia.com)