Nvidia’s Q1 earnings are insanely strong! Revenue hits a record $81.6 billion, Jensen Huang hypes, “The Agentic AI era has arrived,” and dividends surge by 24 times.

AI Chip King Unshakable! NVIDIA's Latest Q1 Financial Report Released, Quarterly Revenue Reaches $81.61B, Setting a New Record with an 85% Year-over-Year Increase. CEO Jensen Huang Excitedly Declares, "The Largest Infrastructure Expansion in Human History Is Accelerating." To Reward Shareholders, NVIDIA Not Only Announced a $80 Billion Share Buyback Plan but Also "Violently" Increased Quarterly Dividends by 24 Times to $0.25. Looking Ahead to Q2, NVIDIA Estimates Revenue Will Approach $91 Billion, Continuing to Dominate the AI Era.
(Background: Financial Times: China "Bans Nvidia RTX 5090D V2" Gaming Chip Imports, Jensen Huang's China Visit Ends with Backstabbing)
(Additional Context: Nvidia's Jensen Huang: China Market Will Eventually Open to US AI Chips)

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• Q1 Performance Reasserts Dominance: Revenue Breaks $81.6 Billion, Net Profit Doubles
• New Business Framework: Data Center Soars to $75.2 Billion
• Giving Shareholders a Big Gift: Dividends Surge 24 Times, $80 Billion Buyback
• Jensen Huang: Agentic AI Is Creating Real Value, Targeting $91 Billion in Q2

NVIDIA once again proves its absolute dominance in the field of artificial intelligence.

As of April 26, 2026, the first quarter of fiscal year 2027 (Q1 FY2027) financial report was officially released today (21). Benefiting from the insatiable demand for AI computing power from global cloud giants and enterprises, NVIDIA delivered a comprehensive performance that far exceeded market expectations.

Q1 Performance Reasserts Dominance: Revenue Breaks $81.6 Billion, Net Profit Doubles

According to official data, NVIDIA’s Q1 financial results are truly staggering:

• Total Revenue Hits Record High: Reached $81.61B, up 20% from the previous quarter, and a massive 85% increase compared to the same period last year.
• Net Profit Explodes: GAAP net profit reached $58.32B, with a year-over-year increase of 211%.
• Gross Margin Remains High: GAAP gross margin maintained at 74.9% (Non-GAAP at 75.0%), demonstrating strong pricing power.
• Earnings Per Share (EPS): GAAP EPS was $2.39 (Non-GAAP at $1.87), more than doubling year-over-year.

New Business Framework: Data Center Soars to $75.2 Billion

Notably, NVIDIA introduced a new business reporting framework in this earnings release, dividing its main segments into “Data Center” and “Edge Computing.”

As NVIDIA’s cash cow, the Data Center segment achieved a record-breaking $75.2 billion in revenue for Q1 (up 92% year-over-year). Breaking it down further, the compute (Processing) division contributed $60.4 billion (up 77%), while the networking division saw explosive growth, reaching $14.8 billion, a 199% increase.

Additionally, the newly separated Edge Computing segment also grew steadily, with quarterly revenue reaching $6.4 billion, up 29% year-over-year.

Giving Shareholders a Big Gift: Dividends Surge 24 Times, $80 Billion Buyback

Beyond strong fundamentals, NVIDIA also delivered a huge surprise in capital operations. The company announced that quarterly cash dividends would be sharply increased from the symbolic $0.01 to $0.25 (a 24-fold increase), to be paid out on June 26 (ex-dividend on June 4).

At the same time, NVIDIA’s board authorized a new stock repurchase plan worth $80 billion (no expiration date). In total, during this quarter, NVIDIA returned about $20 billion to shareholders through buybacks and dividends.

Jensen Huang: Agentic AI Is Creating Real Value, Targeting $91 Billion in Q2

Regarding this outstanding financial report, NVIDIA CEO Jensen Huang boldly stated in a press release:

“Building AI factories — the largest infrastructure expansion in human history — is accelerating at an astonishing pace. Agentic AI has arrived and is generating tangible value across industries. NVIDIA is the only platform capable of operating across every cloud, every frontier model, from massive data centers to edge devices.”

Looking ahead to Q2 (Q2 FY2027), NVIDIA provided an ambitious forecast. The company estimates total revenue will reach $91 billion (±2%), with gross margin remaining around 75%. Notably, this forecast excludes revenue from China data center operations, indicating that even amid geopolitical and US export restrictions, NVIDIA’s global orders are still strong enough to support its aggressive growth trajectory.