Nvidia reports $81.62 billion revenue

Nvidia reported first-quarter fiscal 2027 revenue of $81.6 billion on May 20, up 85% from a year earlier, as demand for its AI chips continued to drive growth. The company also said adjusted earnings per share were $1.87, ahead of Wall Street expectations cited by Reuters and other market trackers. Nvidia paired the results with an $80 billion additional share repurchase authorization and a higher quarterly cash dividend. Shares were marginally lower in extended trading after the release. ### Why did the stock slip after a quarter that beat expectations? Reuters reported that Nvidia’s shares were marginally down in extended trading even after the company forecast second-quarter revenue above Wall Street expectations. That reaction followed a quarter in which investors had been looking not just for a beat, but for signs that Nvidia could keep outrunning already elevated forecasts. (investor.nvidia.com) CNBC reported that Nvidia’s conference call with analysts was scheduled for 5 p.m. ET on May 20, with investors focused on management’s comments after the release. That left the initial after-hours move tied as much to guidance and tone as to the headline revenue number. ### Which number in the report mattered most? Nvidia said data center revenue reached a record $75.2 billion in the quarter, up 92% from a year earlier. (msn.com) The company identified that business as the main engine of growth, and the figure accounted for the large majority of total quarterly revenue. Jensen Huang, Nvidia’s chief executive, said in the company’s earnings release that “global demand for NVIDIA’s AI infrastructure is incredibly strong.” Huang said demand was being driven by what he called “AI factories” built for training and inference. (cnbc.com) ### What did Nvidia do for shareholders? Nvidia said it authorized an additional $80.0 billion in share repurchases. (investor.nvidia.com) The company also raised its quarterly cash dividend from $0.01 per share to $0.25 per share, according to its financial report. The buyback and dividend increase came alongside record quarterly revenue, giving investors two new capital-return measures in the same release. (investor.nvidia.com) Reuters highlighted both announcements in its initial report on the results. ### How far above expectations were the results? MarketBeat said analysts had expected revenue of about $78.42 billion and earnings per share of $1.76. (investor.nvidia.com) Nvidia reported revenue of $81.62 billion and EPS of $1.87, according to the same earnings summary. AP reported that Nvidia’s quarterly results again surpassed Wall Street expectations, citing continued demand for the company’s high-end AI chips. (investor.nvidia.com) That kept Nvidia at the center of investor attention across the semiconductor and broader AI trade. ### What comes next after the release? Nvidia scheduled its first-quarter fiscal 2027 earnings call for 5 p.m. (marketbeat.com) ET on May 20, according to CNBC and the company’s investor relations page. The call was set to include Huang and Chief Financial Officer Colette Kress. The company’s next formal milestones are its quarterly filing materials and second-quarter execution against the outlook it gave with the release. (apnews.com) Nvidia’s investor relations site lists the earnings release, webcast and related financial documents for the quarter ended April 26, 2026. (investor.nvidia.com) (cnbc.com)