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 2026-08-27

Context & Ripple Effects

Nvidia entered the quarter after an $81.62 billion Q1 driven by $75.2 billion in Data Center revenue and an $80 billion additional repurchase authorization. A year earlier, its Q2 Data Center revenue was $41.1 billion, making the latest result evidence that the acceleration in its core infrastructure business has continued rather than merely held its level.

The company’s confirmed $108 billion Q3 revenue forecast exceeds the cited $104 billion estimate. Coverage spread across general business, AI, and finance outlets underscores that Nvidia’s results are being treated as a read-through on AI-infrastructure demand, not solely as a single-company earnings event.

First-order effects

Nvidia’s $108 billion Q3 forecast raises the near-term revenue benchmark for the company after Data Center sales reached $89 billion in Q2.
Nvidia shares rose more than 4% in after-hours trading, immediately repricing the result and outlook for its investors.

Second-order effects

Data-center buyers and AI labs face a stronger incentive to secure Nvidia capacity, as the company’s Data Center growth and above-estimate outlook signal demand still running ahead of prior expectations.
Nvidia’s expanding earnings base gives its existing $80 billion repurchase authorization greater weight in capital-allocation decisions alongside investment in AI infrastructure.

Third-order effects

If Data Center revenue continues to account for nearly all of Nvidia’s growth, AI-infrastructure spending is likely to remain concentrated in a small number of compute suppliers rather than dispersing quickly across the stack.
The earnings profile strengthens the case that financing, component availability, and customer deployment schedules are becoming linked constraints in the AI buildout.

The trend: Nvidia’s results are another marker of an AI infrastructure supercycle in which data-center compute demand drives both supplier economics and customer capital planning.

Discussion

@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)
@amitisinvesting Amit on x
$NVDA I did not see a red flag in that Nvidia print. Genuinely, I'm curious what red flags people are seeing. I'd be the first to nit-pick and try to figure out what the street is upset about, but this was genuinely one of the best calls Jensen has ever had. It's not even
@tradfi @tradfi on x
*NVIDIA CFO: WE KNOW SOME WILL CALL THIS CIRCULAR FINANCING. WE SEE IT DIFFERENTLY *NVIDIA CFO: WE ARE GOING THROUGH...THE CREATION OF ONE OF THE MOST IMPORTANT TECHNOLOGIES IN HUMAN HISTORY *NVIDIA CFO: THESE ARE ONCE IN A GENERATION COMPANIES, THE TECHNOLOGY LEADERSHIP IS
@kristinaparts Kristina Partsinevelos on x
NEW $NVDA CEO on buybacks: those big AI-lab investments this year won't repeat, because he expects those firms to go public. That frees up “tremendous” free cash flow next year. Buybacks were 60% of returns last quarter, and says
@danielnewmanuv Daniel Newman on x
$NVDA expecting 70% growth in FY 2028 should massively deflate bearish sentiment around slowing growth. This is even with broader competition and why we see a bull case of over $14 Trillion in cumulative capex between now and 2030.
@munster_gene Gene Munster on x
Oh boy. $NVDA guided next year revenue growth to at least 70%. The street was at 44%.
@danielnewmanuv Daniel Newman on x
$NVDA is the measuring stick of the AI buildouts durability. Its strong results and increased guidance gives permission to the markets to keep believing in the growth of AI and the companies leading the AI revolution. 👏🏻
@jimcramer Jim Cramer on x
Ok, listen up pilgrims, Nvidia not going to stop here.... sell at $219?? Why, because he didn't pass on much of the DRAM increase we all know is happening? Is that really your thinking, a 2% gross margin hit from DRAMs.. Picayune!!!!!
@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 …
@benbajarin Ben Bajarin on x
If $intc had a mass of extra capacity $nvda would take it all today. $nvda will take every bit of capacity $intc gives them.
@lexnfx Alexei Oreskovic on x
Nvidia CFO just said company expects 70% rev growth in fiscal 2028. Street was expecting 44% growth. Stock now trading up almost 5% after initially dipping after earnings crossed the wire.
@paradislabs Paradis on x
This $NVDA call is insane outlook for upstream supply chain companies, from neoclouds to memory. Nvidia's growth isn't easing up anytime soon...
@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. 😳
@wallstengine @wallstengine on x
$NVDA CFO on memory, supply and margins: “We are experiencing extreme pricing conditions in memory. The magnitude of the price increase has exceeded our prior expectations and is headed even higher into next year.
@nvidianewsroom @nvidianewsroom on x
NEWS: NVIDIA announces financial results for second quarter fiscal 2027. ➡️ Revenue of $96.2 billion, up 106% from a year ago ➡️ Data Center revenue of $89.0 billion, up 117% from a year ago Read more: https://nvidianews.nvidia.com/ ...
@economyapp @economyapp on x
$NVDA NVIDIA Q2 FY27 (July quarter). • Revenue +106% Y/Y to $96.2B ($4.1B beat). • Operating margin 66% (+5pp Y/Y). • Non-GAAP EPS $2.46 ($0.37 beat). Q3 FY27 guidance: • Revenue $108.0B ($3.4B beat).
@zephyr_z9 @zephyr_z9 on x
OK. But why was Jensen pumping 80B-100B few weeks ago?? More Jensen Math/Finesse? “The total investment required for each gigawatt of AI Data center capacity has risen from $30B five years ago to around $60B today.”
@pitdesi Sheel Mohnot on x
Nvidia posted ~$60B in net income, the most profitable quarter any publicly listed company has ever had (excluding quarters dominated by one-off accounting gains)
@stocksavvyshay Shay Boloor on x
$NVDA says memory pricing has become “extreme,” with costs rising faster than expected and supply likely constrained through FY28. If Nvidia is telling you memory is getting tighter for longer then it becomes much harder to justify $MU and $SKHY still trading below 6x earnings.
@paradislabs Paradis on x
Getting goosebumps by these quotes from $NVDA CFO Colette Kress: “We recognize the scale of this support ($500B third-party capital), and we know some will call this circular financing. We see it differently.” “We're going through...the creation of one of the most important
@howardlindzon Howard Lindzon on x
It's $nvda earnings day which I call ‘circular revenue festivus’
@danielnewmanuv Daniel Newman on x
I love that people are calling a $5 Billion top line beat by $NVDA a narrow beat. There are companies approaching a trillion in valuation that don't do $5 Billion a quarter in revenue. Just sayin...
@aleabitoreddit Serenity on x
$NVDA: “We expect to grow revenue by approximately 70% in fiscal 2028. This is a supply constrained outlook” That statement alone is probably more important than the entire earnings beat just now? Insane upward revision beat from +43.9% expected to 70%. “With cloud industry
@aleabitoreddit Serenity on x
@JonahLupton $NVDA stated demand is much greater than 70%. It's just that their capacity allows them to deliver 70% revenue growth, which is absurd.
@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
@danielnewmanuv Daniel Newman on x
$NVDA guidance shows big growth in Q3 and margins holding strong (74%). The 74 versus 75% will be a nit for some, but given scale here, the margin profile looks solid.
Emil Protalinski Emil Protalinski on linkedin
NVIDIA's Q2 2027 earnings report was confusing. — Here are the year-over-year numbers: — Revenue up 106% to $96.22 billion …
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 …
r/irenstocks r on reddit
Nvidia beat Earnings prior to Iren announcing tomorrow.
@stocksavvyshay Shay Boloor on x
Jensen Huang brushed off OpenAI's claim that its $AVGO built Jalapeño chip beats GB300 by saying “I don't have to take anything personally.” $NVDA is still gaining AI market share which is why Jensen says he remains “very comfortable with all the competition.”
@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.
@jonahlupton Jonah Lupton on x
Wow. $NVDA saying FY2028 revenues will grow at least +70% versus sell side currently at 44.5% — going to see some large increases to estimates and price targets in the coming days. Kind of crazy that $NVDA is still growing triple digits (FY2027 Q2)... will do ~90% revenue growth
@amazon @amazon on x
BIG NEWS from @awscloud and @nvidia 🤝 We're announcing a major expansion of our strategic collaboration for next-gen AI infrastructure. ⬇️ Building on 16 years of joint innovation, AWS will deploy 2 million additional NVIDIA GPUs across its global infrastructure in
@patrickmoorhead Patrick Moorhead on x
AWS and NVIDIA just announced 2M *more* GPUs for 2027 and 2028. Blackwell Ultra, Rubin, Rubin Ultra. Plus Vera CPUs on AWS, 100K GPUs for federal AI factories, and NVHBM going into Trainium racks. Is 2M is a big number? It is. But here's what matters more. AWS committed to 1M+
@mattsgarman Matt Garman on x
Excited to announce a major expansion of our partnership with @JensenHuang and @nvidia . 2M additional GPUs, AI factories with 100K GPUs for the U.S. Government, and more. Demand for reliable AI infrastructure continues to accelerate and we're building to keep pace. @awscloud
@kristinaparts Kristina Partsinevelos on x
NEW On @MadMoneyOnCNBC, $NVDA CEO Jensen Huang added color on the AWS deal: beyond the 2 million GPUs, Amazon's also buying “millions of CPUs” plus using Nvidia tech for robotics. $AMD $INTC
@nvidianewsroom @nvidianewsroom on x
NVIDIA and @awscloud are expanding the partnership across the full stack — GPUs, CPUs, networking, open models and software — to make agentic and physical AI real at a pace and scale that only we can deliver together. What that looks like: ➡️ 2 million additional NVIDIA GPUs
@danielnewmanuv Daniel Newman on x
The moral of the $NVDA deal with $AMZN to deploy 2 million additional GPU + Vera should be just another indicator of how silly the zero sum debates are. It won't be 100% NVIDIA and it won't be 100% Trainium. Supply is constrained everywhere and demand for AI is insatiable. It's
@ctnzr Bryan Catanzaro on x
NVIDIA 💚AWS We're announcing a major expansion to our partnership with AWS. More GPUs, better integration with AWS, and more collaboration on everything from NVLink to Amazon Bedrock. Nemotron models have benefited greatly from AWS infrastructure and I am so glad to see us
Newsmax Nigel Green on x
Nvidia Just Proved US Is Streets Ahead in Global AI Arms Race
@firstadopter Tae Kim on x
Narrator: Nvidia did report blowout accelerating growth numbers the next several quarters on the NVL72 product supercycle and it was the largest cycle in technology history
@thomas_woodside Thomas Woodside on x
Amidst everything that is happening, NVIDIA continues to sell more and more chips
@benbajarin Ben Bajarin on x
Per $NVDA stating their revenue would be much higher if they were not supply constrained, we continue to believe semi demand is running 115-120% above capacity. If we had endless GW demand would be much higher.
r/singularity r on reddit
NVIDIA Announces Financial Results for Second Quarter Fiscal 2027: Revenue of $96.2 billion, up 106% from a year ago

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