Summary
NVIDIA Corporation's first quarter fiscal year 2027 (ending April 26, 2026) report demonstrates exceptionally strong performance, with revenue soaring to $81.6 billion, an 85% increase year-over-year. This growth was primarily fueled by the Compute & Networking segment, which saw a significant 88% jump, largely driven by their Data Center products, including the ramp-up of Blackwell systems and strong demand for their networking solutions. The company's gross margin expanded considerably to 74.9%, up from 60.5% in the prior year, benefiting from a reduction in inventory provisions compared to the prior period's significant charge. Net income skyrocketed by 211% year-over-year to $58.3 billion, resulting in a diluted EPS of $2.39. NVIDIA continues to be a dominant player in the AI infrastructure space, with significant investments in private companies and infrastructure funds. The company also announced an additional $80 billion share repurchase authorization and increased its quarterly dividend to $0.25 per share. While facing ongoing geopolitical risks and supply chain complexities, NVIDIA's financial strength and market position remain robust, underscoring its critical role in the advancement of AI and accelerated computing.
Financial Highlights
52 data points| Revenue | $81.61B |
| Cost of Revenue | $20.46B |
| Gross Profit | $61.16B |
| R&D Expenses | $6.32B |
| SG&A Expenses | $1.30B |
| Operating Expenses | $7.62B |
| Operating Income | $53.54B |
| Net Income | $58.32B |
| EPS (Basic) | $2.40 |
| EPS (Diluted) | $2.39 |
| Shares Outstanding (Basic) | 24.29B |
| Shares Outstanding (Diluted) | 24.39B |
Key Highlights
- 1Revenue reached $81.6 billion, an 85% increase year-over-year, significantly exceeding prior year performance.
- 2Net income surged by 211% year-over-year to $58.3 billion, with diluted EPS at $2.39.
- 3Gross margin improved substantially to 74.9% from 60.5% year-over-year, driven by lower inventory provisions.
- 4The Compute & Networking segment, particularly Data Center products, showed immense strength with revenue up 88% year-over-year.
- 5NVIDIA announced an additional $80 billion share repurchase authorization and increased its quarterly dividend to $0.25 per share.
- 6Significant investments of $18.6 billion were made in private companies and infrastructure funds, highlighting strategic expansion in the AI ecosystem.
- 7The company reported substantial growth in Edge Computing revenue, up 29% year-over-year, indicating diversification beyond data centers.