NVIDIA (NVDA) Posts Blowout Q1 on AI Demand, Forecasts Another Record Quarter
Key takeaways
- The company reported net income of $120.07 billion for the latest fiscal year (FY26).
- Building on that strong earnings run, NVIDIA Corporation (NASDAQ:NVDA) delivered another quarter of record results on May 20, 2026.
- NVIDIA Corporation (NASDAQ:NVDA) reported first-quarter fiscal 2027 revenue of $81.6 billion, up 85% from a year ago and 20% from the prior quarter.
NVIDIA (NVDA) Posts Blowout Q1 on AI Demand, Forecasts Another Record Quarter Faheem Tahir Fri, May 22, 2026 at 12:46 AM GMT+7 3 min read NVDA NVIDIA Corporation (NASDAQ:NVDA), featuring a net income margin of 55.60% and upside potential of 23.70%, secures a spot on our list of the best extremely profitable stocks to buy according to Wall Street analysts. The company reported net income of $120.07 billion for the latest fiscal year (FY26).
Building on that strong earnings run, NVIDIA Corporation (NASDAQ:NVDA) delivered another quarter of record results on May 20, 2026.
NVIDIA Corporation (NASDAQ:NVDA) reported first-quarter fiscal 2027 revenue of $81.6 billion, up 85% from a year ago and 20% from the prior quarter. Data Center led the surge with revenue of $75.2 billion, up 92% year-over-year and 21% sequentially. Within that segment, Data Center compute revenue reached a record $60.4 billion, while networking revenue hit $14.8 billion, a 199% jump from a year ago. Meanwhile, the Edge Computing segment contributed $6.4 billion, up 29% annually.