Nvidia Booked $96.2 Billion in Three Months and Guided to $108 Billion for the Next
Data Center revenue of $89.0 billion was 117% up on a year earlier. Gross margin was 75.0%, and the company returned $26.0 billion to shareholders in the quarter.
The short answer
- Nvidia reported revenue of $96.2 billion for the quarter ended July 26, 2026 — up 106% from $46.7 billion a year earlier and 18% on the prior quarter.
- Data Center revenue was $89.0 billion, up 117% year over year and 18% sequentially.
- GAAP diluted earnings were $2.46 a share and non-GAAP diluted earnings were $2.22. GAAP and non-GAAP gross margin were both 75.0%.
- Guidance for the current quarter is $108.0 billion of revenue, plus or minus 2%, at a gross margin of 74.0% plus or minus 50 basis points.
Nvidia's second quarter of fiscal 2027 ended on July 26 and the results were published on August 26. Revenue slightly more than doubled against the same quarter a year earlier. The more consequential number is the one for the quarter that has not happened yet.
The quarter
- Revenue: $96.2 billion, up 106% from $46.7 billion a year earlier and 18% on the prior quarter's $81.6 billion.
- Data Center revenue: $89.0 billion, up 117% year over year and 18% sequentially.
- GAAP gross margin: 75.0%. Non-GAAP gross margin: 75.0%.
- GAAP diluted EPS: $2.46. Non-GAAP diluted EPS: $2.22.
The guidance
The company guided to $108.0 billion of revenue for the current quarter, plus or minus 2% — a range of roughly $105.8 billion to $110.2 billion. Gross margin is guided to 74.0%, plus or minus 50 basis points, which is a point below the margin just reported. Operating expenses are put at about $9.2 billion on a GAAP basis and about $9.0 billion non-GAAP.
Cash returned
Nvidia returned $26.0 billion to shareholders during the quarter through repurchases and dividends, and says $99.0 billion remains available under its buyback authorisation. The next quarterly cash dividend of $0.25 a share is payable on October 1, 2026.
AI has reached its inflection point. Compute is revenue. Demand is accelerating.
Why it matters
A results release describes three months that are over. Guidance is a claim about three months that have not started, and this one asks the market to expect about $12 billion more revenue than the company just booked, at a slightly lower margin. On Nvidia's own account, whether that holds is a question about how much it can build rather than how much anyone wants to buy — which is a different kind of risk from the one a demand forecast carries, and a harder one to read from outside.
Sources
- NVIDIA Announces Financial Results for Second Quarter Fiscal 2027 — NVIDIA
- NVIDIA Q2 FY27 slides: revenue doubles to $96B, data center surges — Investing.com
Spotted an error? Tell our corrections desk.
How this article was produced
- Responsible desk:
- Business & Companies
- Published:
- 30 Aug 2026, 05:32 UTC
- Last updated:
- 30 Aug 2026, 05:32 UTC
- Verification:
- Figures and quotations checked against primary sources under our fact-checking policy and editorial standards.
- Independence:
- No advertiser or affiliate partner had any involvement in this article — see editorial independence and how we make money.
- Corrections:
- Report a factual error.
This article is general financial information and journalism, not personalised financial, investment, tax or legal advice.