Nvidia reports 117% year-on-year growth in data center revenue

Nvidia just turned in a quarter that makes its already absurd growth trajectory look restrained by comparison. The company reported $89.0 billion in data center revenue for fiscal Q2 2027, a 117% increase from the same period a year earlier. Total revenue hit $96.2 billion, up 106% year-over-year, meaning the data center business alone accounted for roughly 93% of the entire company’s sales. To put that $89 billion figure in perspective: five years ago, Nvidia’s quarterly data center revenue was around $1 billion. The segment has grown roughly 89x in that span. The numbers behind the numbers Beyond the headline data center figure, Nvidia’s overall financial performance was equally striking. The $96.2 billion in total quarterly revenue represented an 18% sequential increase from Q1, when the company posted $75.2 billion in data center revenue alone (which was itself up 92% year-over-year at the time). GAAP diluted earnings per share came in at $2.46, a 128% jump compared to the year-ago quarter. And Nvidia isn’t signaling any slowdown. The company guided Q3 FY2027 revenue at $108.0 billion, plus or minus 2%, with gross margins expected to land around 74.0%. CEO Jensen Huang framed t...