Nvidia just turned in a quarter that makes most Fortune 500 companies’ annual revenue look like a rounding error. The chipmaker reported fiscal Q2 2027 revenue of $96.22 billion, a 106% increase year-over-year, and CEO Jensen Huang is scheduled to appear on CNBC’s “Mad Money” at 6 p.m. ET to break down what it all means. The number beat Wall Street’s consensus estimate of roughly $92.2 billion by a comfortable margin. The numbers behind the blowout Nvidia’s data-center segment generated $89 billion in revenue during the quarter. That’s a 117% jump compared to the same period last year, and it accounts for the vast majority of the company’s total sales. Adjusted earnings per share came in at $2.22, topping the consensus forecast of $2.10. GAAP gross margin held at 75%. Quarter-over-quarter growth clocked in at 18%. Nvidia also declared a quarterly dividend of $0.25 per share, payable on October 1, 2026. Guidance that keeps the momentum going Nvidia expects Q3 fiscal 2027 revenue of approximately $108 billion, plus or minus 2%. Gross margin guidance for the next quarter is 74%, give or take 50 basis points. One notable detail buried in the outlook: Nvidia’s Q3 guidance includes zero ...
Nvidia posts $96.2B quarterly revenue as Jensen Huang prepares to talk strategy on Mad Money
1 month ago
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