NVIDIA posts $81.62B revenue

NVIDIA reported first-quarter fiscal 2027 revenue of $81.6 billion on May 20, 2026, up 85% from a year earlier, and said net income reached $18.8 billion for the quarter ended April 26. The company said Data Center revenue rose 92% to a record $75.2 billion, extending the surge in spending on AI systems by cloud providers and enterprise customers. NVIDIA also forecast second-quarter revenue of about $91 billion. The results were released in a company statement and on its investor relations site. ### Where did the growth come from? Data Center accounted for nearly all of NVIDIA’s revenue growth in the quarter, with compute revenue of $60.4 billion and networking revenue of $14.8 billion under the company’s prior sub-market definitions. NVIDIA said demand came from AI cloud services and enterprise deployments, as customers continued building and expanding AI infrastructure. (investor.nvidia.com) The year-earlier comparison was already large. NVIDIA reported first-quarter fiscal 2026 revenue of $44.1 billion and Data Center revenue of $39.1 billion on May 28, 2025, underscoring how much the business expanded over the following 12 months. ### How large was the quarter beyond sales? (nvidianews.nvidia.com) NVIDIA said first-quarter GAAP diluted earnings per share were $0.76 and announced an additional $80 billion in share repurchase authorization. The company also said it would raise its quarterly cash dividend from $0.01 per share to $0.25 per share. (investor.nvidia.com) The company’s release described the quarter as record revenue and record Data Center revenue. Jensen Huang, NVIDIA’s chief executive, said in the earnings release that demand for AI infrastructure remained strong as companies and countries built what he called “AI factories.” ### What did NVIDIA say about the next quarter? (investor.nvidia.com) NVIDIA forecast second-quarter fiscal 2027 revenue of about $91 billion, according to its May 20 earnings release. The company’s investor materials say the guidance reflects current expectations for demand and supply conditions heading into the quarter. (investor.nvidia.com) The company scheduled its first-quarter fiscal 2027 earnings call for May 20 at 2 p.m. Pacific time and said a replay would remain available until the conference call for second-quarter fiscal 2027 results. That call and related materials are posted on NVIDIA’s investor site. ### What does the company list as the next public milestone? (investor.nvidia.com) NVIDIA’s investor calendar lists its 2026 annual meeting of stockholders for June 24, 2026, at 9 a.m. Pacific time. The company’s events page says investors can use the site for webcast access and related materials. June 24 is the next dated event on NVIDIA’s public investor calendar after the May 20 earnings release and webcast. (investor.nvidia.com) The company’s quarterly reports, presentations and transcripts are also available through its financial reports page. (investor.nvidia.com)