NVIDIA posts $81.62bn revenue

Nvidia reported first-quarter fiscal 2027 revenue of $81.6 billion on May 20, up 85% from a year earlier, according to the company’s earnings release. Net income rose 147% to $58.8 billion for the quarter ended April 26, while data center revenue climbed 92% to $75.2 billion. The results extended Nvidia’s run of rapid growth as cloud providers and large companies continued buying AI systems built around its chips. Nvidia also said it authorized an additional $80 billion in stock buybacks and raised its quarterly cash dividend to $0.25 a share from $0.01. ### Why was the quarter so much bigger than a year ago? Data center sales of $75.2 billion accounted for most of Nvidia’s quarterly revenue, the company said. That business includes the GPUs, networking gear and systems sold into AI training and inference workloads, which have become the company’s main growth engine. (investor.nvidia.com) Jensen Huang, Nvidia’s chief executive, said in the earnings release that “AI inference token generation has surged tenfold in just one year.” He said demand was being driven by what he called “AI factories” built by cloud providers and enterprises. ### How fast is Nvidia still growing quarter to quarter? (investor.nvidia.com) First-quarter revenue rose 20% from the prior quarter, after Nvidia posted $68.1 billion in revenue in the fourth quarter of fiscal 2026, company filings show. The company’s investor materials list 14 consecutive quarters of sequential revenue growth, a stretch that has continued even as quarterly comparisons have become larger. (investor.nvidia.com) The quarter ended April 26, 2026, and Nvidia disclosed the results after markets closed on May 20. The company had told investors on April 29 that it would discuss the quarter on a conference call that afternoon. ### What did Nvidia do with cash beyond reporting profit? Nvidia said it approved an additional $80 billion share repurchase authorization alongside the earnings report. (investor.nvidia.com) The company also increased its quarterly cash dividend from $0.01 per share to $0.25 per share, a large step-up from its prior payout. (investor.nvidia.com) Net income of $58.8 billion on $81.6 billion in revenue underscored how profitable the current cycle remains. The company’s release described both revenue and data center sales as records for a quarter. ### If the numbers were so strong, why did investors still hesitate? CNBC reported that Nvidia’s earnings were strong but the stock fell after the report, extending a pattern of muted or negative immediate reactions even after large beats. (investor.nvidia.com) The report said investors focused not only on headline growth but also on whether results could keep outrunning already elevated expectations. Yahoo Finance, citing the earnings release, also reported the dividend increase and record revenue while noting that demand for Nvidia’s AI chips remained strong. That left the market weighing two facts at once: current demand is still expanding, and Nvidia’s valuation already reflects expectations for years of continued growth. (cnbc.com) ### What should readers watch in the next report? Nvidia’s next scheduled checkpoint is its second-quarter fiscal 2027 results, which the company will post through its investor relations site and related filings. Investors will be watching whether data center sales keep compounding from the $75.2 billion reported for the April quarter and whether capital returns remain at the new pace set on May 20. (investor.nvidia.com) (finance.yahoo.com)