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NVIDIA Reports Record $81.6B Q1 Revenue

TechPowerUp News •
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NVIDIA reported record Q1 fiscal 2027 revenue of $81.6 billion, a 20% sequential increase and 85% year-over-year growth. GAAP and non-GAAP gross margins reached 74.9% and 75.0%, respectively, while earnings per diluted share were $2.39 GAAP and $1.87 non-GAAP. CEO Jensen Huang emphasized the company's central role in the AI infrastructure expansion, noting "agentic AI has arrived, doing productive work."

The tech giant returned $20 billion to shareholders via buybacks and dividends, increasing its quarterly cash dividend to $0.25 per share. NVIDIA is restructuring its reporting framework into Data Center and Edge Computing platforms, with Data Center generating record $75.2 billion. The company expects Q2 revenue of $91.0 billion, maintaining gross margins around 75%.

New products include the Vera Rubin platform with the world's first processor purpose-built for agentic AI and the RTX PRO 4500 Blackwell Server GPU. Edge Computing revenue reached $6.4 billion, with advancements in DLSS technology and autonomous driving partnerships expanding across automotive and industrial sectors. The company continues to accelerate AI ecosystem development through strategic collaborations.