NVIDIA · Q1 FY2027 · May 20, 2026

NVIDIA (NVDA) Q1 FY2027 Earnings: Revenue reached $81.6B as AI infrastructure demand moved closer to a $100B quarterly run-rate debate.

A structured quarterly research file based on the earnings release and cited primary documents. Consensus, transcript, Q&A, and price-reaction fields are shown only when verified data are available.

Official Earnings ReleaseSnowballHare AnalysisStandard Research Page
Company
NVIDIA
Listing
NASDAQ: NVDA
Quarter
Q1 FY2027
Reported
May 20, 2026
Revenue $81.6B

Year over year: +20%

Margin 74.9%

Reported result

EPS $2.39

Reported result

Outlook $91.0B

Reported result

Investment read

Revenue was $81.6B, up 20% from Q4 and 85% year over year. GAAP and non-GAAP gross margins were 74.9% and 75.0%. The next research checkpoint is ePS quality depended on how investors treated one-time and China-related effects.

Page typeEarnings release research
Disclosure statusReported
Page levelStandard

Results check

Reported results

MetricReportedYoY
Revenue$81.6BRevenue was $81.6B, up 20% from Q4 and 85% year over year. Source+20%
Margin74.9%GAAP and non-GAAP gross margins were 74.9% and 75.0%. Source
EPS$2.39GAAP and non-GAAP diluted EPS were $2.39 and $1.87. Source
Outlook$91.0BQ2 FY2027 revenue was expected to be about $91.0B, plus or minus 2%. Source

Investor focus

What investors are likely to focus on

Potential result drivers

  • Revenue was $81.6B, up 20% from Q4 and 85% year over year.
  • GAAP and non-GAAP gross margins were 74.9% and 75.0%.
  • GAAP and non-GAAP diluted EPS were $2.39 and $1.87.
  • Q2 FY2027 revenue was expected to be about $91.0B, plus or minus 2%.

Verified after-hours, next-day, and benchmark-relative price data are not stored in this record. The factors above are research considerations, not a measured attribution of the stock move.

Next quarter

What to watch next

IndicatorCurrent baselineNext checkSource
Revenue$81.6BThe size of the beat kept NVIDIA in a class of its own for AI infrastructure growth.Primary source
Margin74.9%The market still saw high margin quality despite the much larger revenue base.Primary source
EPS$2.39EPS quality depended on how investors treated one-time and China-related effects.Primary source
Outlook$91.0BThe guide shifted the debate from whether AI demand is real to how long it can compound.Primary source

Primary documents

Sources and documents

Issuer source · 2026-05-20NVIDIA Q1 FY2027 resultsQ1 FY2027

FAQ

Reader questions

What did NVIDIA report for Revenue?

Revenue was $81.6B, up 20% from Q4 and 85% year over year.

What did NVIDIA report for Margin?

GAAP and non-GAAP gross margins were 74.9% and 75.0%.

What did NVIDIA report for EPS?

GAAP and non-GAAP diluted EPS were $2.39 and $1.87.