NVIDIA · 2026-05-20
NVIDIA (NVDA) Q1 FY2027 Earnings Release: Revenue reached $81.6B as AI infrastructure demand moved closer to a $100B quarterly run-rate debate.
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%.
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%.
Reported data
NVDA key reported figures
Revenue was $81.6B, up 20% from Q4 and 85% year over year.
The size of the beat kept NVIDIA in a class of its own for AI infrastructure growth.
GAAP and non-GAAP gross margins were 74.9% and 75.0%.
The market still saw high margin quality despite the much larger revenue base.
GAAP and non-GAAP diluted EPS were $2.39 and $1.87.
EPS quality depended on how investors treated one-time and China-related effects.
Q2 FY2027 revenue was expected to be about $91.0B, plus or minus 2%.
The guide shifted the debate from whether AI demand is real to how long it can compound.
Sources