Nvidia reports $81.62 billion revenue

Nvidia reported record first-quarter revenue of $81.62 billion on Wednesday, beating Wall Street expectations and extending the company’s central role in the artificial-intelligence spending boom. The chipmaker said revenue rose 85% from a year earlier and 20% from the prior quarter for the period ended April 26. Nvidia also said profit tripled, while investors focused on whether the company’s latest numbers and outlook could sustain expectations already embedded in the stock. Reuters reported that analysts polled by LSEG had expected $78.86 billion in quarterly revenue. ### How big was the beat? LSEG’s consensus forecast stood at $78.86 billion, according to Reuters, putting Nvidia’s reported revenue roughly $2.8 billion above expectations. That kept intact a pattern in which Nvidia’s quarterly results are treated as a readout on data-center spending by the largest cloud and AI customers. (investor.nvidia.com) The quarter was Nvidia’s fiscal first quarter of 2027, and the company said the results covered the three months ended April 26, 2026. Nvidia described the revenue as a company record. ### Which business drove the quarter? Data center revenue reached $75.2 billion, Nvidia said, up 92% from a year earlier. (cnbc.com) CNBC said that business nearly doubled from the same period last year, underscoring how much of Nvidia’s growth still depends on demand for AI infrastructure. (investor.nvidia.com) The data-center figure matters because it now accounts for the vast majority of Nvidia’s total revenue. Based on Nvidia’s reported numbers, the segment represented more than nine-tenths of quarterly sales. That calculation is based on Nvidia’s disclosed total revenue of $81.62 billion and data center revenue of $75.2 billion. (investor.nvidia.com) ### What else did Nvidia announce alongside earnings? Nvidia said it authorized an additional $80 billion in share repurchases and raised its quarterly cash dividend from $0.01 per share to $0.25 per share. Those announcements accompanied the earnings release and added to the list of signals investors watch for on cash generation and capital returns. (investor.nvidia.com) Santa Clara, California-based Nvidia included those measures in the same May 20 release that reported the quarter’s results. Yahoo Finance separately described the buyback plan as evidence of the company’s cash generation, though that characterization is Yahoo’s. ### Why did the stock still come under pressure? (investor.nvidia.com) CNBC reported that Nvidia shares slid after the release even though the quarterly report was strong. The move fit a pattern in which investors look beyond the headline beat and focus on guidance, margins, customer concentration and how much future growth is already priced into the stock. CNBC said investors were also awaiting the company’s conference call with analysts. (investor.nvidia.com) The earnings call was scheduled for 5 p.m. ET on May 20, according to coverage published after the results. That call was the next venue for Chief Executive Jensen Huang and other executives to discuss demand, product timing and the company’s outlook. ### What comes next after this report? May 20 was the date of Nvidia’s earnings release and analyst call, and the company’s investor relations site posted the quarter as first-quarter fiscal 2027 results. (cnbc.com) Investors will next look for the company’s detailed quarterly filing, updated guidance discussion and any follow-through from management on future chip rollouts and customer demand. (investor.nvidia.com)