Nvidia reports $81.62 billion revenue

Nvidia reported first-quarter revenue of $81.6 billion for the period ended April 26, 2026, the company said on May 20, as demand for its AI chips and systems continued to drive growth. Adjusted earnings were $1.87 a share, according to Reuters and other market reports, and Nvidia said data center revenue rose to $75.2 billion. The company also disclosed an additional $80 billion share repurchase authorization and said it had increased its quarterly cash dividend to $0.25 per share. The results were released after U.S. markets closed, followed by an investor call later on Wednesday. ### How big was the quarter compared with a year ago? Nvidia said first-quarter revenue rose 85% from a year earlier and 20% from the previous quarter. The company’s data center business, which includes AI accelerators and related products, climbed 92% year over year to $75.2 billion, according to its earnings release. (investor.nvidia.com) Last year’s comparable quarter was much smaller. Nvidia reported first-quarter fiscal 2026 revenue of $44.1 billion and data center revenue of $39.1 billion for the quarter ended April 27, 2025, the company said in its May 28, 2025 release. (investor.nvidia.com) ### Where did the growth come from? Data center remained the main engine. CNBC reported that data center revenue nearly doubled in the quarter, with demand supported by large cloud customers, often referred to as hyperscalers. Jensen Huang, Nvidia’s chief executive, said in the company’s release that “AI inference token generation has surged tenfold in just one year,” and added that “AI factories” were becoming core infrastructure for the technology industry. (investor.nvidia.com) That language tracked the company’s continuing emphasis on spending by cloud providers and enterprises building out AI systems. (cnbc.com) ### What did Nvidia do with its cash? Nvidia said it bought back $19.3 billion of its stock in the quarter and paid $244 million in cash dividends. Reuters reported the dividend figure as $243 million. The company also announced an additional $80 billion in share repurchase authorization. The dividend itself changed. (investor.nvidia.com) Nvidia said it increased its quarterly cash dividend from $0.01 per share to $0.25 per share, a step disclosed alongside the earnings release. ### How does this compare with Nvidia’s recent run? Nvidia’s first-quarter revenue extended a sequence of rapid gains. The company reported $57.0 billion in revenue for the third quarter of fiscal 2026 and $68.1 billion for the fourth quarter of fiscal 2026 before reaching $81.6 billion in the latest quarter, according to its prior releases. (investor.nvidia.com) Those filings also show how much the business has tilted toward data center. Nvidia posted $51.2 billion in data center revenue in the third quarter of fiscal 2026, $62.3 billion in the fourth quarter and $75.2 billion in the latest quarter. (investor.nvidia.com) ### What did Nvidia tell investors next? Nvidia said on April 29 that it would hold its first-quarter fiscal 2027 conference call on May 20 at 2 p.m. Pacific time, or 5 p.m. Eastern, and post prepared remarks and materials on its investor relations site. The earnings release and webcast materials are available through investor.nvidia.com, where the company archives its quarterly reports, presentations and call transcripts. (investor.nvidia.com 1) (investor.nvidia.com 2)