NVIDIA delivers solid results with $96.2 billion revenue
- NVIDIA reported second quarter fiscal 2027 revenue of $96.2 billion, up 106% year over year.
- Data Center revenue reached $89 billion, while GAAP net income increased to $59.7 billion.
- NVIDIA expects third quarter fiscal 2027 revenue of $108 billion ±2% and continues investing in AI computing infrastructure.
NVIDIA (NASDAQ:NVDA) reported second quarter fiscal 2027 revenue of $96.2 billion, up 106% year over year, as Data Center revenue reached $89 billion and drove the company’s latest quarterly results.
The results compared with the prior-year period when NVIDIA reported lower revenue, while the company’s latest quarter reflected continued demand for its AI computing products and data center solutions.
NVIDIA reported GAAP operating income of $63.7 billion, GAAP net income of $59.7 billion, and gross margins of 75% under both GAAP and non-GAAP measures during the quarter.
NVIDIA returned about $26 billion to shareholders through share repurchases and dividends, and the company stated that it expects third quarter fiscal 2027 revenue of $108 billion ±2% with gross margins of about 74.0% ±50 basis points.
NVIDIA’s next quarterly cash dividend of $0.25 per share is scheduled for October 1, 2026, while the company stated that its outlook does not assume Data Center compute revenue from China during the third quarter.
NVIDIA continues to expand its business around accelerated computing, artificial intelligence infrastructure, and Data Center products, with the segment generating $89 billion in second quarter fiscal 2027 revenue.
The company’s remaining buyback authorization stood at about $99 billion after returning capital to shareholders during the quarter, while NVIDIA forecast third quarter fiscal 2027 operating expenses of approximately $9.2 billion on a GAAP basis and $9 billion on a non-GAAP basis.
