#英伟达财报周 NVIDIA will release its fiscal 2027 second-quarter (Q2) earnings report after the U.S. stock market closes on August 26, 2026, U.S. Eastern Time (early morning on August 27, Beijing Time). Based on Wall Street estimates and market analysis, forecasts and key points of focus for NVIDIA’s earnings report are as follows:

I. Core Financial Metric Forecasts
Revenue: The Wall Street consensus is between $91 billion and $92 billion (some institutions, such as Morgan Stanley, forecast $91.1 billion, while others forecast $92 billion), nearly doubling year over year (compared with $46.74 billion in the same period last year) and potentially setting a new quarterly revenue record.
· Earnings per share (EPS): The consensus estimate is between $2.08 and $2.09.
Gross margin: Expected to remain around 75%; attention should be paid to the erosion of gross margin from rising costs, such as surging HBM memory costs. II. Core Business Metric Forecasts
Data center business: The absolute main driver of performance, with expected revenue of approximately $85.4 billion to $85.8 billion. Hyperscale cloud providers and AI cloud/enterprise business are the primary growth drivers.
Other businesses: Graphics is expected to generate approximately $7.6 billion, while edge computing is expected to generate approximately $6.6 billion.
III. Next-Quarter (Q3) Performance Guidance Forecast
Q3 revenue guidance: The market expects approximately $104 billion to $105 billion, with some aggressive forecasts reaching $110 billion. The strength of the guidance will directly determine market confidence in the sustainability of future AI capital expenditures. IV. Key Variables in Focus
1. The handoff to Rubin chips: Blackwell chips have already begun shipping at scale, and the market is watching whether the next-generation Rubin platform can ramp up smoothly, as well as its expected revenue contribution in Q3/Q4.
2. Gross margin resilience: Attention will focus on whether NVIDIA can successfully pass upstream cost pressures, such as higher memory prices, on to downstream customers and maintain high gross margins, thereby validating its pricing power.
3. Customer capital expenditures and financing models: Attention will focus on whether capital expenditures by major cloud providers such as Microsoft, Google, and Amazon remain robust, as well as the impact of NVIDIA’s “customer financing platform” model on the sustainability of its performance.
4. Earnings beat and stock price reaction: Since NVIDIA’s previous earnings reports have consistently exceeded expectations, market expectations are already highly elevated. Whether the earnings report can “beat expectations” and whether the guidance is “aggressive” will directly determine the stock’s trajectory after the report is released.

Note: The above forecasts are based on Wall Street institutions and industry analysis. Actual financial data should be based on NVIDIA’s final official release. $NVDA ‌