The company's Data Center business continued to dominate growth, reaching a record $75.2 billion in revenue. That segment alone grew 92% year over year and 21% sequentially, highlighting the rapid expansion of AI data centers and cloud infrastructure worldwide. NVIDIA also maintained exceptionally strong profitability, posting GAAP earnings per diluted share of $2.39 and non-GAAP earnings of $1.87. Gross margins remained near 75%, underscoring the company's ability to scale while preserving profitability.
NVIDIA also delivered major returns to shareholders during the quarter. The company returned a record $20 billion through buybacks and dividends, while significantly increasing its quarterly cash dividend from $0.01 to $0.25 per share. In addition, the board approved an extra $80 billion share repurchase authorization, signaling continued confidence in long-term growth.
CEO Jensen Huang said "Agentic AI has arrived," as NVIDIA unveiled new AI technologies and expanded its ecosystem across cloud, enterprise, and automotive markets. The company introduced the Vera Rubin platform, Vera CPU, NVIDIA Dynamo 1.0, and the Agent Toolkit to accelerate autonomous AI and inference workloads, while strengthening partnerships with Google Cloud and Marvell Technology.
Key developments included:
- Preview of DLSS 5, described as NVIDIA's biggest graphics breakthrough since 2018.
- Expansion of autonomous driving partnerships with Hyundai Motor Company, Kia, Uber, BYD, and Nissan using NVIDIA DRIVE and Halos OS.
- Q2 fiscal 2027 revenue guidance of approximately $91 billion, with gross margins expected around 75%, even without China Data Center compute revenue.