Nvidia revenue tops $81.6B, Q2 guidance beats by $5B
This digest was compiled by AI from multiple sources — links to the originals are below.
Nvidia Corp. reported first-quarter 2027 revenue of $81.6 billion, topping consensus by $2.8 billion. Data Center revenue grew 92% year-on-year to a record $75.2 billion. The stock closed up 1.3% at $223.47 ahead of the print.
Record Revenue and Guidance
Nvidia's first-quarter revenue of $81.6 billion surpassed analyst estimates by $2.8 billion, according to Yahoo Finance. Data Center revenue hit a record $75.2 billion, up 92% year-on-year. The company guided second-quarter revenue at $91 billion, nearly $5 billion above Wall Street models, excluding any China contribution.
Market Reaction
Nvidia shares closed at $223.47 on Wednesday, up 1.3% ahead of the earnings release. The stock drifted after hours as investors digested the results. The beat comes amid ongoing US export restrictions on advanced chips to China, which Nvidia explicitly excluded from its guidance.
Revenue Figures Discrepancy
The Forbes transcript reports Nvidia's quarterly sales at $68.1 billion, a 73% year-over-year increase, while the existing article cites $81.6 billion in revenue. This discrepancy suggests the transcript may refer to a different fiscal period or product category. The transcript also notes investor concerns over rapid AI spending developments.
What's Next
Nvidia's next earnings report is expected in late August 2027. It remains unclear whether the company can sustain its growth trajectory amid geopolitical tensions and potential further export controls.
2 sources
Nvidia revenue tops $81.6B, Q2 guidance beats by $5B
