Nvidia earnings set for May 20

Nvidia is due to report first-quarter fiscal 2027 results on May 20, with the company’s outlook likely to be the main test for a stock that has become one of the market’s largest and most closely watched. The Santa Clara, California, chip designer has scheduled its earnings webcast for 2 p.m. Pacific time, according to its investor relations website. February set the baseline for this report. Nvidia said with its fourth-quarter fiscal 2026 results that first-quarter revenue was expected to be $78 billion, plus or minus 2%, excluding data center revenue from China because of export-control limits in place at the time. The company reported fourth-quarter revenue of $68.1 billion and full-year revenue of $215.9 billion. (investor.nvidia.com) Wall Street estimates compiled by market data services and cited by financial outlets put first-quarter revenue near $78.8 billion and adjusted earnings per share around $1.75 to $1.77. Those figures would put the quarter roughly in line with Nvidia’s own February forecast range. ### What, exactly, is Nvidia reporting on May 20? May 20 is Nvidia’s first-quarter fiscal 2027 report date, covering the quarter ended April 26, 2026. (investor.nvidia.com) The company has said it will discuss the results on a conference call and webcast after the market close. The investor-relations event page says the webcast will be available through Nvidia’s website, where the company also posts press releases, SEC filings and presentation materials. (finance.yahoo.com) Nvidia says investors should monitor those channels, along with its public conference calls and webcasts, for material information. (stocktitan.net) ### Which number has Nvidia already put on the table? Nvidia’s own guidance is the clearest benchmark going into the report. The company said in February that first-quarter revenue would be $78 billion, plus or minus 2%, a range that implies about $76.4 billion to $79.6 billion. That guidance followed a quarter in which Nvidia posted record fourth-quarter revenue of $68.1 billion, up 20% from the prior quarter and 73% from a year earlier, according to the company’s earnings release. (investor.nvidia.com) Data center revenue in that quarter was $62.3 billion. ### Why are investors looking past the headline revenue figure? (investor.nvidia.com) Analyst estimates cited ahead of the report show that the market is already expecting another sharp increase in sales. Yahoo Finance’s earnings page lists revenue expectations near $78.75 billion, while other estimate trackers place consensus around $78.8 billion. Options markets are also pricing a notable move around the release. (investor.nvidia.com) Several earnings-preview services cited implied post-results swings of about 7% for Nvidia shares, reflecting how much attention is on the company’s next forecast as well as the quarter just ended. ### What will people listen for on the call? (finance.yahoo.com) Second-quarter guidance will be one of the first numbers investors compare with current expectations. Preview services that track analyst estimates have put second-quarter revenue expectations in the mid-$86 billion range. Gross margin is another figure likely to draw attention. (optionstradingreport.com) Nvidia’s recent earnings materials described gross margin performance as a key operating measure as Blackwell systems ramp and the company absorbs the costs tied to new product transitions. ### Where can investors follow the release? Nvidia’s investor relations site lists the May 20 event and says the webcast begins at 2 p.m. (optionstradingreport.com) Pacific time. The same site hosts quarterly press releases, transcripts, presentations and SEC filings. (investor.nvidia.com) May 20 is the next fixed date on Nvidia’s public calendar for this story. The company’s results, presentation materials and webcast are expected to appear on its investor relations website after the market close. (investor.nvidia.com)