Nvidia’s Fiscal Performance Highlights
Nvidia (NASDAQ: NVDA) reported an impressive 85% year-over-year revenue growth, reaching a record $81.6 billion in fiscal Q1 of 2027, ended April 26, 2026. Data center revenue surged by 92% to $75.2 billion, reflecting substantial demand from AI applications. Additionally, Nvidia raised its quarterly dividend from $0.01 to $0.25 per share and authorized $80 billion for share repurchases.
Despite this strong performance, Nvidia’s stock has faced recent pressure, closing at approximately $213, down 6% over the past week and 10% from its all-time high of $236.54 earlier this month. Concerns arise from customer concentration, with the top three clients now accounting for 64% of accounts receivable, and a significant increase in supply commitments, totaling $145 billion.
Looking ahead, Nvidia anticipates fiscal Q2 revenue of around $91 billion, projecting 95% growth year-over-year. CEO Jensen Huang attributed the growth to booming AI demand, though challenges remain as data center product shipments to China remain stagnant compared to last year.
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