NVIDIA Q2 FY27 Earnings: Revenue Hits Record $96.2 Billion

Santa Clara semiconductor giant NVIDIA officially announced record-breaking financial results for its second quarter of fiscal 2027, reporting $96.2 billion in revenue—a massive 106% jump year-over-year. Fueled by accelerating global demand for artificial intelligence compute infrastructure, the company surpassed Wall Street consensus estimates of $91.9 billion to $92.38 billion across all major metrics.

According to official financial reporting released by NVIDIA, the company's Data Center segment was the core engine of growth, generating $89.0 billion in revenue for Q2 FY27. This marks an 18% sequential increase and a staggering 117% rise year-over-year, driven by $48.7 billion in hyperscale cloud revenue. Non-GAAP diluted earnings per share reached $2.22, up 120% year-over-year, while GAAP diluted EPS surged 128% to $2.46.

As reported by financial outlets including CNBC and Bloomberg, market enthusiasm was further bolstered by NVIDIA's aggressive Q3 FY27 guidance. The company expects revenue to reach $108.0 billion (±2%), despite factoring zero Data Center compute sales to China. Growth is expected to be led by the full-production rollout of the Vera Rubin platform across partners such as CoreWeave, Google Cloud, Microsoft Azure, Oracle Cloud Infrastructure, and Nebius, delivering 35x lower token costs relative to Grace Blackwell Ultra.

Following the announcement, NVIDIA shares jumped between 4% and 9% in extended trading, breaking a previous trend of post-earnings sell-offs. The company also demonstrated strong shareholder returns, spending $26.0 billion on share repurchases and cash dividends during the quarter, with $99.0 billion remaining under its repurchase authorization. Shareholders of record on September 10, 2026, will receive a cash dividend of $0.25 per share on October 1, 2026.