Nvidia Reports 85% Revenue Growth in Q1 2027
Nvidia (NASDAQ: NVDA) announced an 85% year-over-year revenue increase, reaching $81.6 billion for its fiscal first quarter ending April 26, 2026. This growth is supported by a 92% rise in AI-driven data center revenue, totaling $75.2 billion. Nvidia’s non-GAAP earnings per share surged 140% to $1.87, driven by strong revenue and expanding gross margins.
The company also raised its quarterly dividend from $0.01 to $0.25—an unprecedented 25-fold increase—and authorized an additional $80 billion in share buybacks. Looking ahead, Nvidia anticipates approximately 95% revenue growth for the current quarter despite forecasting no data center revenue from China.
Nvidia’s commitment to future growth is evident, with supply commitments reaching about $145 billion and inventory rising to $25.8 billion. CEO Jensen Huang noted that “demand has gone parabolic,” signaling strong confidence in ongoing momentum despite potential risks from competition and market fluctuations.
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