Nvidia posts record Q1 FY2027 revenue of 81.6 billion dollars, up 85 percent year on year. Data centre alone hit 75.2 billion.

[JustMartin]

Nvidia reported its Q1 fiscal 2027 results on May 20th. Revenue was 81.6 billion dollars, up 85 percent year on year and 20 percent sequentially, beating the analyst estimate of 80.4 billion. Data centre revenue hit 75.2 billion, up 92 percent year on year. Net income came in at 58.3 billion, up 211 percent. Diluted EPS of 2.39 dollars beat the 1.79 dollar estimate by a wide margin. Gross margin improved to 75 percent from 60.8 percent a year ago.

Nvidia also announced an 80 billion dollar share buyback authorisation and raised its quarterly dividend from 0.01 to 0.25 dollars per share. Jensen Huang on the earnings call described the moment as agentic AI having arrived, doing productive work, generating real value, and scaling rapidly. Data centre networking revenue hit 14.8 billion, up 199 percent year on year.

Nvidia earnings takeaways: Data center revenue nearly doubles, report is strong but stock slideswww.cnbc.com

[Danny_21]

81.6 billion dollars in a single quarter from one company is a number that does not feel real until you sit with it. The entire global smartphone market generates less revenue quarterly than Nvidia did this quarter

[Arty Leah]

Networking revenue up 199 percent year on year is the number that gets overlooked in the headline figures. The switch to NVLink and Infiniband-scale interconnects for AI clusters is a separate enormous business that is growing faster than the GPU business

[CollapseState87]

The gross margin at 75 percent is extraordinary for a hardware company. Apple hardware runs around 37 percent. Nvidia at 75 percent means almost every dollar of revenue above cost is profit

[Jan79]

The dividend increase from 0.01 to 0.25 per share is a 25x increase. Combined with 80 billion in buybacks this is Nvidia telling shareholders the earnings are structural not cyclical

[Phil80]

Agentic AI having arrived is Huang's framing for why the revenue will continue. He is arguing that the inference compute demand is just starting not plateauing

[KeyboardWarrior47]

The question I keep asking is what happens to this revenue when the current training run wave completes. Hyperscalers buy in waves. The demand pattern has been sustained for three years now but is not guaranteed

[PaleCipher]

Data centre at 92 percent growth year on year means the hyperscaler capex commitments are flowing through to actual chip purchases at scale. This is not pre-order revenue, this is delivered hardware

[VidiTechnica]

The Blackwell ramp is what drove the sequential acceleration. The next question is what happens when Grace Blackwell Ultras start shipping at volume

[WWEPete45]

Anyone who called this a bubble in 2024 has had a very uncomfortable 18 months