#NVIDIAEarnings NVIDIA (NVDA) reported its Q2 Fiscal 2027 results on August 26, 2026, delivering another strong beat driven by AI demand.

Key Results (Quarter ended July 26, 2026)
Metric Q2 FY27 YoY Change Notes

Revenue $96.2B +106% Beat estimates (~$92B)
Data Center Revenue $89.0B +117%
Core AI driver; ~92% of total sales
GAAP EPS $2.46 +128% —
Non-GAAP EPS $2.22 +120%
Beat estimates (~$2.09–$2.10)
Gross Margin 75.0% +2.6 pts —
Net Income (GAAP) $59.7B +126% —

Revenue also rose 18% sequentially from Q1.

Guidance & Outlook

Q3 FY27 revenue: $108.0 billion (±2%)

Gross margins: 74.0% (±50 basis points)

No Data Center compute revenue from China is assumed in the outlook.

CFO Colette Kress indicated the company expects roughly 70% revenue growth in fiscal 2028, well above prior analyst expectations (around 45%). Customer forecasts pointed to even stronger potential growth, tempered by ongoing supply constraints.

Market Reaction & Commentary

Shares initially dipped after the release but rose more than 4% in after-hours trading as investors focused on the upbeat guidance and long-term growth comments.

CEO Jensen Huang said:

> “AI has reached its inflection point. It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue.”

Demand remains robust across hyperscalers and other segments (including AI Clouds, Industrial & Enterprise), though the company continues to note supply-chain challenges in meeting full demand.

NVIDIA remains the primary beneficiary of the AI infrastructure buildout. These results reinforce its position as a key bellwether for the broader AI sector.