NVIDIA Q2 Fiscal 2027 Financial Results Announced

NVIDIA Q2 Financial Performance and Shareholder Returns

The company generated $63,734 million in GAAP operating income during the second quarter, representing a 19% increase sequentially and a 124% gain compared to the same period last year, according to financial statements. Net income reached $59,688 million on a GAAP basis and $53,954 million on a non-GAAP basis. During the quarter, NVIDIA returned approximately $26.0 billion to shareholders through share repurchases and cash dividends. Shareholders on record as of September 10, 2026, will be paid a quarterly cash dividend of $0.25 per share on October 1, 2026, leaving roughly $99.0 billion left over under the authorization for share repurchases at the close of the second quarter.

Data Center Revenue Surge and Vera Rubin Production

Data Center revenue was $89.0 billion for the second quarter, rising 18% from the previous quarter and 117% from a year ago, according to NVIDIA’s earnings report. Jensen Huang, founder and CEO of NVIDIA, stated that AI has reached an inflection point. Full production of the NVIDIA Vera Rubin platform is now underway, with server racks currently operational at partner facilities such as CoreWeave, Google Cloud, Microsoft Azure, Oracle Cloud Infrastructure and Nebius. Additionally, NVIDIA unveiled NVIDIA Vera, the first CPU built for AI agents, and announced that NVIDIA Groq 3 LPX, the interactive AI inference accelerator, is now in full production.

Infrastructure Partnerships and Capital Mobilization

To back growing artificial intelligence deployments, the corporation revealed plans for independent compute financing vehicles developed alongside Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. Pending final contracts, these alliances are designed to gather upward of $500 billion in external funds toward developing artificial intelligence infrastructure across coming years. Additional operational scaling includes securing land, power and shell capacity through a partnership with SB Energy at the PORTS-Pike Technology Campus in Ohio, as well as sovereign AI infrastructure initiatives in Korea and Japan.

Edge Computing and Physical AI Expansion

Based on financial disclosures, Edge Computing generated $7.2 billion in revenue during the second quarter, marking a 13% sequential bump and a 27% increase compared to the prior year. NVIDIA collaborated with Microsoft to redesign the Windows PC experience through the introduction of NVIDIA RTX Spark, featuring a 1-petaflop superchip running the complete CUDA and NVIDIA RTX framework, alongside the rollout of the NVIDIA DGX Station for Windows. In the physical AI sector, the company expanded its DRIVE Hyperion robotaxi-ready platform ecosystem with partners such as Foxconn, VinFast, Uber and HUMAIN, while launching NVIDIA Cosmos 3, the world’s first fully open frontier omnimodel for physical AI.

Q3 Fiscal 2027 Revenue Outlook

NVIDIA projects third-quarter fiscal 2027 revenue to reach $108.0 billion, plus or minus 2%, according to the company’s forward-looking guidance. NVIDIA is not assuming any Data Center compute revenue from China in its outlook. Anticipated financial metrics place both GAAP and non-GAAP gross margins at 74.0% with a variance of 50 basis points, while operating expenses on a GAAP and non-GAAP basis are projected at roughly $9.2 billion and $9.0 billion respectively.

Frequently Asked Questions

What was NVIDIA’s revenue for the second quarter of fiscal 2027?

According to the official earnings report, NVIDIA reported revenue of $96.2 billion for the quarter ended July 26, 2026.

What is the revenue outlook for the next quarter?

NVIDIA’s outlook for the third quarter of fiscal 2027 is that revenue is expected to be $108.0 billion, plus or minus 2%, according to company guidance.

How much capital do NVIDIA’s new financing partnerships aim to mobilize?

Pending final agreements, cooperative ventures with organizations like Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR are meant to collect in excess of $500 billion in outside capital to construct artificial intelligence infrastructure over time.