NVDA · 8-K · 20260520PR000051
Revenue Performance and Mix
NVIDIA CORP · 2026-05-20 · Importance 100 · Surprise 100 · No source text
NVIDIA reported record total revenue of $81.6 billion for Q1 FY2027, up 85% year‑over‑year and up 20% sequentially for the quarter ended April 26, 2026. The company’s outlook for Q2 FY2027 is revenue of $91.0 billion, ±2%, and management explicitly excluded any Data Center compute revenue from China in that outlook. GAAP diluted EPS for the quarter was $2.39 and non‑GAAP diluted EPS was $1.87, reflecting the revenue and margin environment in Q1 FY2027. NVIDIA also said it is transitioning to a two‑market reporting framework (Data Center and Edge Computing) to better reflect sources of revenue going forward.
Key facts
- Q1 fiscal 2027 total revenue: $81.6 billion for the quarter ended April 26, 2026, up 20% sequentially and up 85% year-over-year. source
- GAAP operating income for Q1 FY27: $53,536 million (up 21% sequentially and up 147% year-over-year). source
- GAAP net income for Q1 FY27: $58,321 million (up 36% sequentially and up 211% year-over-year). source
- Q1 FY27 GAAP net income before tax was $69,903 million and income tax expense was $11,582 million. source
- GAAP diluted earnings per share Q1 FY27: $2.39, up 36% sequentially and up 214% year-over-year. source
- Non-GAAP diluted earnings per share Q1 FY27: $1.87, up 18% sequentially and up 140% year-over-year. source
- GAAP diluted earnings per share for the quarter: $2.39. source
- Non-GAAP diluted earnings per share for the quarter: $1.87. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +18.3% | GAAP net income for Q1 FY27: $58,321 million (up 36% sequentially and up 211% year-over-year). |
| revenue | positive | realized | +17.4% | Q1 fiscal 2027 total revenue: $81.6 billion for the quarter ended April 26, 2026, up 20% sequentially and up 85% year-over-year. |
| operating_income | positive | realized | +14.8% | GAAP operating income for Q1 FY27: $53,536 million (up 21% sequentially and up 147% year-over-year). |
| net_income | positive | realized | — | GAAP diluted earnings per share Q1 FY27: $2.39, up 36% sequentially and up 214% year-over-year. |
| net_income | positive | realized | — | Non-GAAP diluted earnings per share Q1 FY27: $1.87, up 18% sequentially and up 140% year-over-year. |