NVIDIA · 2025-08-27

NVIDIA (NVDA) Q2 FY2026 Earnings Release: Blackwell data-center revenue grew sequentially while total revenue reached $46.7B.

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%.

Revenue $46.7B

Revenue was $46.7B, up 6% from Q1 and 56% year over year.

Data center $41.1B

Data Center revenue was $41.1B, up 5% from Q1 and 56% year over year.

Blackwell 17%

Blackwell Data Center revenue grew 17% sequentially.

Outlook $54.0B

Q3 revenue was expected to be about $54.0B, plus or minus 2%.

Reported data

NVDA key reported figures

01
Revenue

Revenue was $46.7B, up 6% from Q1 and 56% year over year.

Why it matters

Growth slowed sequentially but stayed very large in absolute dollars.

02
Data center

Data Center revenue was $41.1B, up 5% from Q1 and 56% year over year.

Why it matters

The AI buildout remained the main stock driver.

03
Blackwell

Blackwell Data Center revenue grew 17% sequentially.

Why it matters

The product-cycle handoff was the cleanest signal in the release.

04
Outlook

Q3 revenue was expected to be about $54.0B, plus or minus 2%.

Why it matters

The guide re-accelerated the forward revenue curve.

Sources

Original document and provenance

NVIDIA Q2 FY2026 results