Fiscal Q1 revenue hits $81.6 billion in May 24 results

Nvidia’s latest quarter was large even by Nvidia standards. The company said on May 20 that fiscal first-quarter 2027 revenue reached $81.6 billion for the quarter ended April 26, 2026, up 20% from the prior quarter and 85% from a year earlier. It also said Data Center revenue rose to $75.2 billion, up 92% year over year, underscoring how much of the company’s growth is still coming from AI infrastructure demand. The release also included two other capital-markets details that matter for anyone following the stock. Nvidia said its board approved an additional $80.0 billion share repurchase authorization on May 18, and the company raised its quarterly cash dividend to $0.25 a share from $0.01. Nvidia said the dividend will be paid on June 26, 2026, to shareholders of record on June 4. (nvidianews.nvidia.com) If you saw references to “May 24 results,” the official company materials point to a different date. Nvidia’s investor site and newsroom show the earnings release was issued on May 20, 2026, and the conference call was scheduled for that same day at 5 p.m. Eastern time. ### Where did the $81.6 billion actually come from? Data Center was the core of the quarter. (investor.nvidia.com) Nvidia said Data Center revenue was $75.2 billion, which means that segment alone accounted for the vast majority of total company revenue in the period. The company described that figure as a record. That concentration helps explain why Nvidia’s earnings are treated as a read-through on AI spending more broadly. (nvidianews.nvidia.com) The company’s official release tied the quarter to demand for AI infrastructure, and Chief Executive Jensen Huang said in the statement that AI factories are “produced” across clouds, enterprises and edge deployments. That is Nvidia’s framing of where the growth is coming from. ### Did Nvidia beat expectations? The company’s release confirmed the reported revenue figure, but analyst-consensus comparisons such as adjusted EPS beating estimates are typically compiled by market data providers rather than by Nvidia itself. The official release available on Nvidia’s investor and newsroom pages emphasizes reported revenue, segment performance, capital returns and forward guidance. (investor.nvidia.com) What is clear from Nvidia’s own materials is that the quarter was larger than the one immediately before it. Nvidia said revenue rose 20% sequentially from the previous quarter, when it had reported $68.1 billion in fourth-quarter fiscal 2026 revenue on February 25, 2026. ### What did Nvidia say about the current quarter? Nvidia said it expects second-quarter fiscal 2027 revenue of about $91.0 billion. (nvidianews.nvidia.com) That forecast was included in the company’s first-quarter release and is the main forward operating number investors will track in the next report. The company also said it had returned about $20.0 billion to shareholders during the quarter through repurchases and dividends, and that $38.5 billion remained under its previous authorization before the new $80.0 billion addition. (nvidianews.nvidia.com) ### What are the next dates to watch? June 4, 2026 is the record date for Nvidia’s increased quarterly dividend, and June 26 is the payment date, according to the company’s release. (investor.nvidia.com) Those are the next near-term capital-return dates tied directly to this earnings report. June 24, 2026 is Nvidia’s scheduled annual meeting of stockholders, according to the investor relations site. (investor.nvidia.com) The next quarterly earnings release and webcast will follow later in the fiscal year on Nvidia’s regular reporting calendar. (investor.nvidia.com)