Gasgoo Munich- NVIDIA released its financial report for the first quarter of fiscal 2027 on May 21, covering the period ending April 26, 2026. Revenue for the quarter hit $81.6 billion, an 85% jump from a year earlier and a 20% rise from the previous quarter. Net profit surged to $58.3 billion, skyrocketing 211% year-over-year and climbing 36% sequentially.
Image Source: NVIDIA
Data center operations emerged as the core growth engine, with first-quarter revenue reaching $75.2 billion — up 92% year-over-year and 21% quarter-over-quarter. Edge computing also delivered a strong performance, generating $6.4 billion in quarterly revenue, a 29% annual jump and a 10% sequential gain.
"The construction of AI factories represents the largest infrastructure expansion in human history, and this momentum is advancing at an unprecedented pace," said Jensen Huang, NVIDIA’s founder and CEO. He noted that agentic AI is rapidly expanding across enterprises in every industry and creating tangible value. NVIDIA stands as the only platform capable of running in every cloud environment, powering both frontier and open-source models, and scaling comprehensively from hyperscale data centers to the edge.
On the shareholder return front, NVIDIA returned approximately $20 billion this quarter through share repurchases and cash dividends. As the first quarter closed, $38.5 billion remained under its share repurchase authorization. The board approved an additional $80 billion in buyback authorization on May 18, 2026, with no expiration date. Separately, the company lifted its quarterly cash dividend to $0.25 per share of common stock, up from $0.01. The dividend is payable on June 26, 2026, to shareholders of record as of June 4.
Looking ahead to the second quarter of fiscal 2027, NVIDIA projects revenue of $91 billion, plus or minus 2%.
