NVIDIA Reports $96.2 Billion in Fiscal Q2 Revenue as Data Center Sales Surge

NVIDIA posts $96.2 billion in fiscal Q2 revenue and forecasts $108 billion for Q3 as Data Center sales rise 117%. NVIDIA reported fiscal second-quarter 2027 revenue of $96.2 billion, an increase of 106% from a year earlier and above the $92.2 billion consensus estimate, according to financial results highlighted by @WuBlockchain. The company also issued a fiscal third-quarter revenue outlook of $108.0 billion, plus or minus 2%, exceeding the $104.2 billion consensus estimate. The results were driven primarily by NVIDIA's Data Center business, which generated $89.0 billion in revenue during the quarter, up 117% year over year and above the $85.8 billion estimate. NVIDIA Data Center Revenue Reaches $89 Billion NVIDIA's Data Center segment remained the largest contributor to the company's quarterly revenue. Sales reached $89.0 billion, representing a 117% increase from the same period a year earlier. The figure exceeded the $85.8 billion consensus estimate, extending the strong growth in demand for NVIDIA's computing products used in artificial intelligence and data center infrastructure. The company's overall quarterly revenue of $96.2 billion was also substantially above the $92.2 billion consensus estimate. The 106% year-over-year increase reflects the continued expansion of NVIDIA's business at a time when demand for accelerated financial computing infrastructure remains a major driver of its financial performance. NVIDIA Earnings Beat Expectations NVIDIA reported non-GAAP diluted earnings per share of $2.22 for fiscal Q2 2027. That result exceeded the $2.10 consensus estimate. Non-GAAP gross margin was 75.0%, in line with expectations. The combination of stronger-than-expected revenue and earnings per share indicates that NVIDIA exceeded consensus estimates on two of the key financial measures reported for the quarter, while gross margin matched the expected level. The company's results come as investors continue to closely monitor financial performance from major semiconductor companies amid sustained investment in computing infrastructure. NVIDIA Forecasts $108 Billion in Fiscal Q3 Revenue NVIDIA expects fiscal third-quarter revenue to reach $108.0 billion, plus or minus 2%. The midpoint of the guidance is above the $104.2 billion consensus estimate. The company said its forecast assumes no Data Center compute revenue from China. The assumption provides an important qualification to the revenue outlook, particularly because China is a major market for technology products. Despite that assumption, the company's projected revenue markets remains above the consensus estimate cited in the report. The guidance reflects NVIDIA's expectations for the upcoming fiscal quarter rather than a guarantee of future results. Actual revenue could vary depending on demand, production and other business conditions. Vera Rubin Platform Enters Full Production NVIDIA also said its Vera Rubin platform has entered full production. The Vera Rubin platform is part of NVIDIA's next-generation computing architecture and is intended for advanced accelerated computing applications. The company's announcement indicates that the platform has financial moved into full production, marking a further development in its product roadmap. NVIDIA has continued to expand its computing platforms as demand for high-performance infrastructure increases across data center applications. Company Returns $26 Billion to Shareholders During the quarter, NVIDIA returned about $26.0 billion to shareholders through share repurchases and cash dividends. Share repurchases reduce the number of outstanding shares when companies buy their own stock, while dividends provide direct cash distributions to shareholders. The combined $26.0 billion figure represents capital returned to investors during the quarter. The shareholder returns came alongside another quarter of substantial revenue growth, led by the Data Center business. NVIDIA's fiscal Q2 2027 results showed revenue of $96.2 billion, Data Center revenue of $89.0 billion and non-GAAP diluted EPS of $2.22. For fiscal Q3, the company expects $108.0 billion in revenue, plus or minus 2%, with its forecast assuming no Data Center compute revenue from China. Technology & Blockchain Writer Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy. She prioritises clarity and accuracy when explaining technical developments to a general audience.