Companies /Technology
NVIDIA Corp
NASDAQ: NVDA Semiconductors
$216.47
▼ $0.62 (−0.29%) today
Markets closed · 4:45pm ET

NVIDIA (NVDA) Q2 2027 Earnings

Reported Aug 26, 2026, 4:21pm ET · SEC source
$2.22
Beat +6.29%
EPS · est. $2.09 Adjusted
$96.2B
Beat +4.51%
Revenue · est. $92.1B
+0.6%
Beating market
NVDA vs S&P since report
6 quarters
Consecutive EPS beats

How Did NVDA Stock React to Q2 2027 Earnings?

% change · around the report
0+4%+8%Aug 26Aug 27report 4:21pm ETearnings+0.4%+8.8%
0+4%+8%Aug 26Aug 27earnings+0.4%+8.8%
NVDA +8.8%S&P 500 +0.4%
0+4%+8%Aug 26Aug 27report 4:21pm ETearnings+0.9%+8.8%
0+4%+8%Aug 26Aug 27earnings+0.9%+8.8%
NVDA +8.8%NASDAQ +0.9%
0+3%+6%+9%Aug 25Sep 3report 4:21pm ETearnings+0.6%+8.7%
0+3%+6%+9%Aug 25Sep 3earnings+0.6%+8.7%
NVDA +8.7%S&P 500 +0.6%
0+4%+8%Aug 25Sep 3report 4:21pm ETearnings+0.4%+8.7%
0+4%+8%Aug 25Sep 3earnings+0.4%+8.7%
NVDA +8.7%NASDAQ +0.4%
+8.74%
Day of report
−4.57%
Next session
+0.21%
One week
−0.34%
30 days

S&P 500 over the same 30 days: −0.89%.

Did NVDA Beat Earnings? Q2 2027 Results

Yes. NVIDIA reported Q2 2027 earnings of $2.22 a share on Aug 26, 2026, beating the $2.09 consensus estimate by 6.3%. Revenue was $96.2B against a $92.1B estimate.

NVIDIA delivered a blowout second fiscal quarter of 2027, posting adjusted EPS of $2.22 against a Wall Street consensus of $2.09, a beat of 6.29% that extended the chipmaker's winning streak to five consecutive quarters of topping estimates. Revenue of $96.22 billion cleared the $92.07 billion consensus by 4.51% and more than doubled from a year ago, rising 105.8% year-over-year on the back of extraordinary demand for AI infrastructure. The engine behind those numbers was Data Center, which contributed $89.02 billion in quarterly revenue, up 117% from a year ago, as the ramp of Blackwell Ultra architecture drove both hyperscale and enterprise customers to accelerate deployments. Gross margins held at 75.0% on a non-GAAP basis, improving from 72.5% a year ago, reflecting favorable product mix as Blackwell Ultra volumes scaled. Investors tracking the company's forward commitments will note that supply obligations surged to $279.00 billion, largely tied to memory procurement for Vera Rubin production, underscoring the depth of the pipeline ahead. For Q3, NVIDIA guided to revenue of $108.00 billion, plus or minus 2%, with gross margins near 74.0%.

Key Takeaways
  • Ramp of Blackwell Ultra infrastructure driving Data Center revenue growth
  • Hyperscale revenue more than doubled year-over-year
  • ACIE revenue increased 138% year-over-year driven by AI natives, enterprises, and sovereign customers
  • Improved gross margin mix from Blackwell Ultra
  • Strong sales of Blackwell workstations in Edge Computing

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

NVIDIA CEO, on the earnings call

What Is NVIDIA's Outlook?

For Q3 fiscal 2027, NVIDIA expects revenue of $108.0 billion, plus or minus 2%, excluding any Data Center compute revenue from China. GAAP and non-GAAP gross margins are expected to be 74.0%, plus or minus 50 basis points. GAAP and non-GAAP operating expenses are expected to be approximately $9.2 billion and $9.0 billion, respectively. For full year fiscal 2027, GAAP and non-GAAP tax rates are expected to be between 16.0% and 18.0%, excluding any discrete items and material changes to the tax environment.

NVDA YoY Financials

Q2 2027 vs Q2 2026 · SEC filings Q2 2026 Q2 2027
$0$30.0B$60.0B$90.0B$46.7B$96.2BRevenue$33.9B$72.1BGross Profit$28.4B$63.7BOperating Income$26.4B$59.7BNet Income
$0$30.0B$60.0B$90.0BRevenueGross ProfitOperating IncomeNet Income
NVDA income statement, Q2 2027 versus Q2 2026
Metric Q2 2027 Q2 2026 Year over year
Revenue $96.2B $46.7B +105.9%
Gross Profit $72.1B $33.9B +113.1%
Operating Income $63.7B $28.4B +124.1%
Net Income $59.7B $26.4B +125.9%

NVDA Revenue by Segment

Data Center$89.0B+117.0%
Compute & Networking$88.3B+114.0%
Data Center Compute$48.7B+102.0%
Data Center Networking$40.3B+138.0%
Graphics$7.9B+46.0%
Gaming
Professional Visualization
Automotive

When Does NVIDIA Report Next?

Expected report date

Figures from SEC filings and company reports. Not investment advice.