Key Points
-
Nvidia has reported a record revenue of $81.6 billion for Q1 fiscal 2027, up 85% year-over-year.
-
The company anticipates Q2 revenue will reach $91 billion, a 95% increase.
-
Nvidia plans to return 50% or more of its free cash flow to shareholders over the next two years, potentially distributing up to $110 billion.
Nvidia (NASDAQ: NVDA) has emerged as a dominant player in the AI sector, a shift that has contributed to a staggering 1,330% increase in its stock price since early 2023, elevating its market capitalization to $5 trillion. The firm holds 85%-92% of the data center GPU market, capitalizing on the soaring demand for its AI chips, which drove data center revenue up by 92% year-over-year to $75.2 billion.
In addition, Nvidia’s fiscal Q1 report showcases a gross profit margin of 74.9% and adjusted earnings per share (EPS) of $1.87, a 140% increase from the previous year. The company is also ramping up its investments and shareholder returns, increasing its quarterly dividend by 25 times, from $0.01 to $0.25 per share, payable on June 26 to shareholders of record as of June 4.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
