Nvidia reports Q2 revenue up 106% YoY to $96.22B, above $92.17B est., Data Center revenue up 117% to $89B, above $85.08B est., and net income up 126% to $59.7B

- Revenue of $96.2 billion, up 106% from a year ago — Data Center revenue of $89.0 billion, up 117% from a year ago

Nvidia Newsroom 2026-08-26

Context & Ripple Effects

Nvidia entered Q2 after a Q1 that produced $81.62 billion in revenue and $75.2 billion from Data Center, alongside an $80 billion additional share-repurchase authorization. The Q2 figures show that Data Center remained the company’s dominant growth engine rather than a one-quarter spike.

The scale-up is stark against Nvidia’s $10.32 billion Data Center quarter in 2023. With $89 billion from Data Center versus $7.2 billion from Edge Computing in Q2, the company’s financial performance is increasingly tied to large-scale compute deployments.

First-order effects

Data Center contributed roughly 93% of Nvidia’s $96.22 billion quarterly revenue, making the unit the immediate determinant of the company’s growth and earnings profile.
Net income of $59.7 billion gives Nvidia substantial earnings support for its previously authorized share repurchases and for operating at data-center scale.

Second-order effects

Rival accelerator vendors face a higher performance and supply-scale benchmark as Nvidia’s Data Center sales grow faster than its total revenue.
The $89 billion Data Center result strengthens the demand signal transmitted from Nvidia’s data-center customers to the infrastructure suppliers and operators serving those deployments.

Third-order effects

If this revenue mix persists, Nvidia’s results will increasingly function as a gauge of AI-infrastructure capital spending, rather than of a broad mix of computing end markets.
The widening gap between Data Center and Edge Computing points to value concentrating first in centralized compute buildouts, with adjacent infrastructure markets following that investment cycle.

The trend: Nvidia’s earnings underline an AI infrastructure supercycle in which centralized data-center compute is absorbing a growing share of technology investment.

Discussion

@firstadopter Tae Kim on x
NOT THE WORST CNBC: “CFO Colette Kress said on a call with analysts that Nvidia expects fiscal 2028 revenue growth of 70%, while analysts were expecting 44%. Kress said that customer forecasts “point to our growth doubling next year,” but she said guidance reflects supply
@pitdesi Sheel Mohnot on x
Nvidia posted ~$60B in net income, the most profitable quarter any publicly listed company has ever had (even after adjusting for inflation, but excluding one-off accounting gains)
@munster_gene Gene Munster on x
Oh boy. $NVDA guided next year revenue growth to at least 70%. The street was at 44%.
@mgsiegler M.G. Siegler on x
Normally, this is where I'd say to forget (GAAP) net income for all the moment-in-time paper investment markups. But *operating* income was $63.7B. 😳
@thestalwart Joe Weisenthal on x
The most important thing to understand about this market is that the stocks that have done really well, by and large, represent shares in companies that are doing really well. Just internalize this fact, and then start your analysis from there.
@kobeissiletter @kobeissiletter on x
Absolutely insane. Nvidia, $NVDA, just guided $108 BILLION in revenue for Q3 alone. And, this guidance assumes ZERO data center compute revenue from China. This builds on the record $96.2 billion in revenue posted for last quarter for a projected total of $204.2 billion in 6
r/irenstocks r on reddit
Nvidia beat Earnings prior to Iren announcing tomorrow.
Randa Hinton Randa Hinton on linkedin
Do you know what today is? 💚 Happy NVIDIA Earnings Day to all who celebrate!! 🎉 — 6 years of working with AI clouds …

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