NVIDIA Q2 Revenue Doubles Year-Over-Year to $96.2 Billion, Q3 Guidance at $108 Billion

According to Nvidia's official announcement, for the second quarter of fiscal year 2027 (ending July 26, 2026), the company reported revenue of $96.221 billion, up 18% quarter-over-quarter and 106% year-over-year, with data center revenue reaching $89.0 billion, reflecting increases of 18% and 117% respectively. GAAP net income was $59.688 billion, up 126% year-over-year, with diluted earnings per share at $2.46. Looking ahead to the next quarter, Nvidia expects revenue in the third quarter of fiscal year 2027 to reach $108.0 billion, plus or minus 2%. This guidance excludes data center computing revenue from China. The company also disclosed that it returned approximately $26.0 billion to shareholders through stock repurchases and cash dividends this quarter, leaving approximately $99.0 billion remaining under its authorized share repurchase program. On the business front, Nvidia stated that the Vera Rubin platform has entered full mass production, and announced partnerships with institutions including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR, aiming to mobilize over $500.0 billion in third-party capital for long-term AI infrastructure development.