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NVIDIA Reports Q1 Revenue of $81.6 Billion, Forecasts $91 Billion Next Quarter

NVIDIA Reports Q1 Revenue of $81.6 Billion, Forecasts $91 Billion Next Quarter

NVIDIA reported first-quarter revenue and EPS above analyst estimates, guided second-quarter revenue to $89.1 billion-$92.8 billion, and authorized $80 billion in additional buybacks, reinforcing strong AI-driven momentum.

Fact Check
The claim that NVIDIA reported Q1 FY2027 revenue of $81.6 billion is directly confirmed by the MarketScreener CFO Commentary document showing the exact GAAP figure of $81,615 million. The $91 billion Q2 guidance is confirmed by the WuBlockchain X post. The Yahoo Finance post confirms results beat expectations, and the Investing.com post confirms after-hours share volatility. NVIDIA's official investor relations page confirms the earnings event occurred on May 20, 2026. All material elements of the claim are corroborated by multiple independent sources. The only minor discrepancy is that some social media posts labeled the quarter as 'Q1 2026' rather than 'Q1 FY2027', but this is a common shorthand and refers to the same reporting period.
Summary

NVIDIA reported first-quarter revenue of $81.62 billion and earnings per share of $1.87, both above analyst estimates. Data center revenue reached $75.2 billion, continuing to drive results. For the second quarter, the company projected revenue in a range of $89.1 billion to $92.8 billion, broadly in line with its earlier roughly $91 billion outlook, and it also authorized an additional $80 billion in share buybacks. The update adds concrete EPS and capital return details to NVIDIA’s earlier report of strong AI-led growth and record quarterly revenue.

Terms & Concepts
  • Data Center revenue: Sales generated from products and services used in large-scale computing infrastructure, including servers that support artificial intelligence workloads.
  • Guidance: A company’s forward-looking outlook for financial performance, typically covering expected revenue, profit, or demand trends.
  • EPS: Earnings per share, a measure of a company’s profit allocated to each outstanding share of common stock.