Revenue = $81.6 billion (up 85% YoY)
Net Income = $58.3 billion (up 211% YoY)
Earnings Per Share = $2.39 (up 214% YoY)
And it’s the bottom of the tech stack, all the companies up the stack need a lot more revenue than this collectively from AI in order to give Nvidia this revenue and make a profit on top of it.
NVDA Quarterly Results * Revenue = $81.6 billion (up 85% YoY) —> Data Center Hyperscale $37.9 billion (up 115% YoY) + Data Center AI Cloud, Industrial & Enterprise $37.4 billion (up 74% YoY) + Edge Computing $6.3 billion (up 29% YoY) * GAAP Net Income = $58.3 billion (up 211% YoY) —> includes $15.9 billion net gain from securities minus $3.1 billion tax and other costs —> Non-GAAP Net Income = $45.5 billion (up 139% YoY) * GAAP Earnings Per Share = $2.39 (up 214% YoY) —> Non-GAAP EPS = $1.87 (up 140% YoY) * Free Cash Flow = $48.5 billion (up 86% YoY) * Operating Expenses = $7.6 billion (up 52% YoY) —> compute & infrastructure, employees compensation and engineering development * $80 billion additional share repurchase authorisation, on top of remaining $39 billion.
NVDA Next Quarter Outlook * Revenue = $91 billion (plus or minus 2%) * Gross Margin = 74.9% (plus or minus 0.5%) * Operating Expenses = $8.5 billion
https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-first-quarter-fiscal-2027
NVDA Quarterly News: * Recognised as Google Cloud Partner of the Year in two categories. * Collaborating with energy leaders to accelerate power‑flexible AI factories to fortify the grid. * Invested $2 billion each in Marvell, Nebius, Coherent and Lumentum. * Announced a multi-year partnership with META spanning on-premises, cloud and AI infrastructure. * Launched BlueField-4 STX storage architecture, Vera CPU and Space-1 Vera Rubin Module. * Expanding AI-RAN partnerships with global telcos. * Partnership wirh Hyundai Motor and Kia for next gen Autonomous Driving Technology.
h/t Not69Batman