According to NVIDIA's official announcement, for the second quarter of fiscal year 2027 (ended July 26, 2026), the company reported revenue of $96.221 billion, representing an 18% sequential increase and a 106% year-over-year increase. Data center revenue reached $89 billion, up 18% sequentially and 117% year-over-year. GAAP net income was $59.688 billion, up 126% year-over-year, with diluted earnings per share of $2.46. For the next quarter, NVIDIA expects revenue for the third quarter of fiscal year 2027 to reach $108 billion, plus or minus 2%. This guidance excludes data center computing revenue from China. The company also disclosed that it returned approximately $26 billion to shareholders this quarter through stock repurchases and cash dividends, with approximately $99 billion remaining under its authorized repurchase program. On the business front, NVIDIA announced that the Vera Rubin platform has entered full-scale production and revealed partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to mobilize over $500 billion in third-party capital for AI infrastructure development over the long term.
NVIDIA Q2 revenue exceeds $96.2 billion, up 106% year-over-year; Q3 guidance at $108 billion
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Summary
NVIDIA's Q2 revenue reached $96.21 billion, up 106% year-over-year and 18% from Q1. Data center revenue increased to $89 billion, a 117% year-over-year rise. The company forecasted Q3 revenue at $108 billion, excluding China. Shareholder returns totaled $26 billion, with $99 billion still authorized for buybacks. Vera Rubin is now in full production. Partners include Apollo, BlackRock, and Blackstone, mobilizing over $5 trillion in AI infrastructure funding. Crypto news highlights NVIDIA’s pivotal role amid evolving inflation data.
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