NVIDIA · Q2 FY2026 · August 27, 2025
NVIDIA (NVDA) Q2 FY2026 Earnings: Blackwell data-center revenue grew sequentially while total revenue reached $46.7B.
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
Year over year: +6%
Year over year: +5%
Year over year: +17%
Reported result
Investment read
Revenue was $46.7B, up 6% from Q1 and 56% year over year. Data Center revenue was $41.1B, up 5% from Q1 and 56% year over year. The next research checkpoint is the product-cycle handoff was the cleanest signal in the release.
Results check
Reported results
| Metric | Reported | YoY |
|---|---|---|
| Revenue | $46.7BRevenue was $46.7B, up 6% from Q1 and 56% year over year. Source | +6% |
| Data center | $41.1BData Center revenue was $41.1B, up 5% from Q1 and 56% year over year. Source | +5% |
| Blackwell | 17%Blackwell Data Center revenue grew 17% sequentially. Source | +17% |
| Outlook | $54.0BQ3 revenue was expected to be about $54.0B, plus or minus 2%. Source | — |
Investor focus
What investors are likely to focus on
Potential result drivers
- Revenue was $46.7B, up 6% from Q1 and 56% year over year.
- Data Center revenue was $41.1B, up 5% from Q1 and 56% year over year.
- Blackwell Data Center revenue grew 17% sequentially.
- Q3 revenue was expected to be about $54.0B, 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
| Indicator | Current baseline | Next check | Source |
|---|---|---|---|
| Revenue | $46.7B | Growth slowed sequentially but stayed very large in absolute dollars. | Primary source |
| Data center | $41.1B | The AI buildout remained the main stock driver. | Primary source |
| Blackwell | 17% | The product-cycle handoff was the cleanest signal in the release. | Primary source |
| Outlook | $54.0B | The guide re-accelerated the forward revenue curve. | Primary source |
Primary documents
Sources and documents
FAQ
Reader questions
What did NVIDIA report for Revenue?
Revenue was $46.7B, up 6% from Q1 and 56% year over year.
What did NVIDIA report for Data center?
Data Center revenue was $41.1B, up 5% from Q1 and 56% year over year.
What did NVIDIA report for Blackwell?
Blackwell Data Center revenue grew 17% sequentially.