Nvidia Q1 revenue $79 billion

Nvidia is due to report first-quarter fiscal 2027 results on Wednesday, May 20, with investor attention centered on whether the chipmaker can clear a revenue bar that has moved close to $79 billion. The company said on April 29 that it would release results for the quarter ended April 26 and hold a conference call at 2 p.m. Pacific time. Recent market commentary, including a YouTube video cited in pre-earnings coverage, has framed the setup around a possible $79 billion quarter and the need for stronger guidance as well as a headline beat. Nvidia has not publicly preannounced a number above its own prior outlook. ### Where does the $79 billion figure come from? Yahoo Finance analyst pages and pre-earnings articles published this week put consensus first-quarter revenue at about $79.1 billion. One Yahoo Finance article published on May 19 cited a consensus estimate of $79.17 billion, while another cited $79.08 billion for Nvidia’s fiscal first quarter of 2027. Nvidia’s own benchmark is lower. In its previous quarterly outlook, reflected in a May 20 preview article, the company had forecast first-quarter revenue of about $78 billion. That means the $79 billion headline reflects analyst expectations moving above management’s prior guide, not a fresh company forecast. ### Why are investors focused on a “beat and raise”? (finance.yahoo.com) The phrase comes from the way Nvidia has been traded over the past year: investors have often looked beyond whether the company beats consensus and focused on whether management lifts the next-quarter outlook enough to justify the stock’s valuation. That framing appeared in recent financial-media and YouTube coverage ahead of the report, which described a simple beat as potentially insufficient if forward guidance does not also move higher. (finance.yahoo.com) Nvidia’s schedule reinforces that focus on commentary. The company said written remarks from Chief Financial Officer Colette Kress would be posted immediately after the results are announced at approximately 1:20 p.m. Pacific time, before the 2 p.m. Pacific webcast and analyst Q&A. Chief Executive Jensen Huang is expected to join the call. (youtube.com) ### What are traders watching in the options market? A YouTube video highlighted ahead of the report said Nvidia call volume was running at roughly twice put volume before earnings, pointing to a bullish tilt in options positioning. The video’s framing matched broader pre-earnings trading commentary that has emphasized elevated expectations and the risk of a sharp move after results. (nvidianews.nvidia.com) Options positioning does not establish what Nvidia will report, but it does show how traders are leaning into the event. When call activity outweighs put activity by that margin, investors are typically watching not just the revenue number but also the guidance, margins and management’s comments on demand. That is an inference from how earnings-related options are commonly used, based on the cited pre-earnings coverage. (youtube.com) ### What is the quarter being measured against? Nvidia reported first-quarter fiscal 2026 revenue of $44.1 billion for the comparable year-earlier period. If the company reaches about $79 billion this quarter, that would imply growth of roughly 79% from a year earlier. The company’s most recent annual revenue base is also much larger than it was a year ago. (youtube.com) Yahoo Finance data showed trailing-12-month revenue of about $215.9 billion as of the latest available financial statements, underscoring the scale at which Nvidia is now being judged. ### When will the market get the answer? Nvidia said on April 29 that first-quarter fiscal 2027 results would be released on Wednesday, May 20, for the quarter ended April 26. (nasdaq.com) The company said CFO commentary would be posted at about 1:20 p.m. Pacific time and the webcast would begin at 2 p.m. Pacific, or 5 p.m. Eastern. (finance.yahoo.com) The next set of concrete signals will come in that release and on the analyst call, where Nvidia’s executives will address first-quarter results and second-quarter expectations. (nvidianews.nvidia.com)