NVIDIA reports $81.6B revenue Q1

NVIDIA reported record first-quarter fiscal 2027 revenue of $81.6 billion on May 20, up 85% from a year earlier and 20% from the prior quarter. The Santa Clara, California, company said data center revenue reached a record $75.2 billion, up 92% year over year. NVIDIA also announced an additional $80 billion share repurchase authorization and raised its quarterly cash dividend from $0.01 to $0.25 a share. The results covered the quarter ended April 26, 2026. The numbers extend a run of rapid growth from earlier quarters. NVIDIA reported $68.1 billion in fourth-quarter fiscal 2026 revenue in February and $44.1 billion in first-quarter fiscal 2026 revenue in May 2025. That means revenue has nearly doubled from the year-earlier quarter and risen sharply again from the immediately preceding one, based on the company’s prior releases. (investor.nvidia.com) ### How big was the quarter, exactly? NVIDIA said first-quarter revenue of $81.6 billion was its highest ever for a fiscal first quarter. The company’s headline also singled out data center revenue of $75.2 billion, which accounted for the vast majority of total sales in the period. The company described both figures as records in its earnings release. (investor.nvidia.com) The year-earlier comparison is also stark. NVIDIA’s first-quarter fiscal 2026 revenue was $44.1 billion and data center revenue was $39.1 billion, according to its May 28, 2025 release. On that basis, the latest quarter added $37.5 billion in total revenue and $36.1 billion in data center revenue from a year earlier. (investor.nvidia.com) ### Why are investors focused so much on data center sales? Data center revenue of $75.2 billion matters because it remains the company’s core engine. In the prior quarter, NVIDIA reported record data center revenue of $51.2 billion, and in the year-earlier first quarter it reported $39.1 billion. The latest result shows that segment continuing to outpace the rest of the business by a wide margin. (investor.nvidia.com) Jensen Huang tied that demand to AI infrastructure and agentic AI. In an NVIDIA post published May 18, Huang said demand was “going parabolic, utterly parabolic” as the company promoted its Vera Rubin platform for agentic AI workloads. That quote was not part of the earnings release itself, but it tracks with NVIDIA’s broader push to frame current spending around AI factories, inference and agents. (investor.nvidia.com) ### What did NVIDIA do with buybacks and the dividend? NVIDIA said it authorized an additional $80 billion in share repurchases and increased its quarterly cash dividend to $0.25 per share from $0.01. The company highlighted both moves in the first-quarter release alongside the revenue results. The increase is large relative to the prior payout. (nvidianews.nvidia.com) In its February fourth-quarter release, NVIDIA said it would pay a $0.01 quarterly dividend on April 1, 2026, and that it had $58.5 billion remaining under its repurchase authorization at the end of that quarter. ### What does this quarter say about the pace of NVIDIA’s growth? (investor.nvidia.com) NVIDIA’s own figures show the company adding revenue at a faster absolute pace than in prior periods. First-quarter fiscal 2027 revenue rose by $13.5 billion from the previous quarter’s $68.1 billion and by $37.5 billion from the year-earlier quarter’s $44.1 billion. Those comparisons come directly from NVIDIA’s quarterly releases. (nvidianews.nvidia.com) Colette Kress, NVIDIA’s chief financial officer, was scheduled to provide written commentary ahead of the May 20 earnings call, and the company said a replay would remain available until its second-quarter fiscal 2027 conference call. NVIDIA said the first-quarter results were released at about 1:20 p.m. Pacific time, followed by a webcast at 2 p.m. Pacific. (investor.nvidia.com) ### Where can readers check the primary source? NVIDIA posted the first-quarter fiscal 2027 earnings release and webcast materials on its investor relations site on May 20. The company’s event page lists the webcast for “NVIDIA 1st Quarter FY27 Financial Results,” and the financial reports page carries the full release with the revenue, data center, buyback and dividend figures. (investor.nvidia.com) The next formal milestone will be NVIDIA’s second-quarter fiscal 2027 earnings call, which the company said will mark the end point for the replay availability of the May 20 webcast. Until then, investors have the first-quarter release, CFO commentary and webcast archive on investor.nvidia.com. (investor.nvidia.com 1) (investor.nvidia.com 2)