Nvidia Announces Financial Results for First Quarter Fiscal 2027

3 hours ago

NVIDIA reported record first-quarter FY27 revenue of $81.6 billion, up 20% sequentially and 85% year-over-year.
GAAP diluted EPS was $2.39, and non-GAAP was $1.87, with gross margins around 75%.
CEO Jensen Huang highlighted the acceleration of AI factories and NVIDIA's central role in the AI transformation.
The company returned $20 billion to shareholders via buybacks and dividends, and increased its quarterly dividend to $0.25 per share.
NVIDIA is transitioning to a new reporting framework with two market platforms: Data Center (including Hyperscale and ACIE) and Edge Computing.
Data Center revenue hit a record $75.2 billion, up 92% year-over-year, driven by strong compute and networking growth.
Edge Computing revenue was $6.4 billion, up 29% year-over-year, with advancements in AI-driven devices and autonomous vehicles.
Q2 FY27 revenue outlook is $91.0 billion (±2%), with gross margins expected to be around 75%.
Key product announcements include the NVIDIA Vera Rubin platform, Dynamo 1.0 software, and collaborations with partners like Google Cloud and Hyundai.

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