NVIDIA Announces Financial Results for First Quarter Fiscal 2027
May 20, 2026 - 23:59
NVIDIA has announced its financial results for the first quarter of fiscal 2027, posting record revenue of $81.6 billion. That figure marks an 85 percent jump compared to the same period a year ago.
The company's Data Center business was the main driver, bringing in $75.2 billion in revenue. That represents a 92 percent increase from the prior year. The results underscore continued strong demand for NVIDIA's computing platforms, particularly in artificial intelligence and high-performance computing.
Alongside the earnings report, NVIDIA's board of directors authorized an additional $80.0 billion for share repurchases. The company also announced a significant increase to its quarterly cash dividend, raising it from $0.01 per share to $0.25 per share.
The announcement was made from NVIDIA's corporate headquarters in Santa Clara, California, on May 20, 2026. The company ended the first quarter on April 26, 2026.
MORE NEWS
October 3, 2026 - 07:18
Six Money Rules for Going Freelance Without Burning Your SavingsLeaving a steady paycheck for self-employment looks liberating until the first slow month arrives. Freelancers gain control over their schedules, but they also absorb costs that employers once...
October 2, 2026 - 03:09
Horace Mann Finalizes Acquisition of Employee Services, LLCSPRINGFIELD, Ill., October 1, 2026--Horace Mann Educators Corporation has successfully completed its acquisition of all outstanding membership interests in Employee Services, LLC from Medical...
October 1, 2026 - 04:25
Synchrony Financial (SYF) Could Be 20% Below Fair Value Following Vetspire PartnershipSynchrony Financial is drawing attention after its CareCredit healthcare financing unit agreed to integrate payment options directly into Vetspire`s AI veterinary platform. The move links consumer...
September 30, 2026 - 08:30
Can Robinhood’s (HOOD) Financial Super-App Ambitions Create a Lasting Moat?Robinhood Markets, Inc. (NASDAQ:HOOD) started by making stock trading simpler and cheaper. That was enough to disrupt an industry, but it was never going to be a particularly durable moat....