Nvidia’s Q1 2027 revenue reached $82 billion, marking an 85% increase year over year. The company reported record Data Center revenue of more than $75 billion, an increase of 92% from a year ago. Additionally, the net income for the quarter soared to $60 billion, a 211% increase compared to $18.8 billion in the same period last year. Nvidia is transitioning to a new reporting framework that it says better reflects its current and future growth drivers. It will have two market platforms—Data Center and Edge Computing.
Nvidia reported its fiscal first-quarter results, topping analysts’ expectations on the top and bottom lines, and offering a better-than-anticipated Q2 outlook.
For Fiscal Year 2027, Nvidia has changed how they report results. The company will now have two market platforms—Data Center and Edge Computing.
Within Data Center, they will report two sub-markets, Hyperscale and ACIE, which incorporate AI Clouds, Industrial, and Enterprise. Hyperscale will include revenue from public clouds and the world’s largest consumer Internet companies, while ACIE addresses the company’s growth opportunity in purpose-built AI data centers and AI factories across industries and countries.
Edge Computing highlights devices for agentic and physical AI, including PCs, game consoles, workstations, AI-RAN base stations, robotics, and automotive.
Nvidia reported revenue of $82 billion for the first quarter ended April 2026, an increase of 20% from the previous quarter and 85% from the same period a year ago. The company’s gross margins for the quarter were 75%.
Figure 1. Nvidia’s sales and profits over time. (Source: Nvidia/JPR)
“The build-out of AI factories—the largest infrastructure expansion in human history—is accelerating at extraordinary speed,” said Jensen Huang, founder and CEO of Nvidia. “Agentic AI has arrived, doing productive work, generating real value, and scaling rapidly across companies and industries. Nvidia is uniquely positioned at the center of this transformation as the only platform that runs in every cloud, powers every frontier and open-source model, and scales everywhere AI is produced—from hyperscale data centers to the edge.”
The new reporting framework will organize Nvidia’s business around two market platforms—Data Center and Edge Computing.
Figure 2. Data Center sales continue to overwhelm all other segments of Nvidia’s business. (Source: Nvidia/JPR)
Shareholders received approximately $20.0 billion from Nvidia in Q1 Fiscal 2027 through share repurchases and cash dividends. The company held $38.5 billion remaining under its share repurchase authorization at quarter’s end.
On May 18, 2026, the board of directors added $80.0 billion to that authorization with no expiration date. The quarterly cash dividend moves from $0.01 per share to $0.25 per share of common stock, payable June 26, 2026, to shareholders of record on June 4, 2026.
The outlook for the second quarter of fiscal 2027 revenue is expected to be $91.0 billion, plus or minus 2%.
The company is not assuming any Data Center compute revenue from China in its outlook.
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