NVIDIA's quarterly revenue rises 85.2% to $81.62 billion; Edge Computing, whose devices include PCs and game consoles, grows 28.7%

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

NVIDIA filed its quarterly report on Form 10-Q, the quarterly financial report a US-listed company gives the SEC, on May 20, 2026. Revenue for the quarter that ended Apr 26, 2026, which NVIDIA calls its first quarter of fiscal year 2027, was $81.62 billion, up 85.2% from $44.06 billion a year earlier. Operating income, the profit from running the business before interest and tax, rose 147.4% to $53.54 billion from $21.64 billion. Net income, which includes the investment gains described below, was $58.32 billion, up 210.6% from $18.78 billion, and diluted earnings per share were $2.39 against $0.76. Other income (expense), net was $15.93 billion in the quarter against an expense of $180 million a year earlier. Management said the change was primarily driven by unrealized gains of $13.4 billion on publicly held equity securities and $2.6 billion on non-marketable equity securities. The filing says its total other income, net mainly consists of realized or unrealized gains and losses on investments.1^,2^,3^,4^,5^,6^,7^,8^,9^,10^,11^,12^,13^,14^,15^,16

NVIDIA said it is moving to a new reporting framework with two market platforms, Data Center and Edge Computing, and has recast the comparable periods of its revenue by market platform. NVIDIA describes Edge Computing as highlighting devices for agentic and physical AI, including PCs, game consoles, workstations, AI-RAN base stations, robotics and automotive. Its revenue was $6.37 billion, up 28.7% on the recast figure for a year earlier, which management put down to robust demand for Blackwell workstations, partly offset by slower consumer PC demand that was tempered by elevated memory and systems prices. The earnings release, filed with the SEC the same day, says NVIDIA released DLSS 4.5 Dynamic Multi Frame Generation and previewed DLSS 5, which it calls its most significant graphics breakthrough since ray tracing in 2018.17^,18^,19^,20^,21^,22^,23^,24

Data Center revenue was $75.25 billion, up 92.4% on the recast figure for a year earlier. Gross margin, the share of revenue left after the cost of revenue, was 74.9% against 60.5% a year earlier, a rise the company attributed primarily to the $4.5 billion charge for H20 excess inventory and purchase obligations in the year-earlier quarter. NVIDIA said it repurchased 108 million shares for $20.2 billion in the quarter; its cash payments for repurchases were $19.31 billion, up 37.0% from $14.1 billion, and it paid $243 million in dividends. On May 18, 2026 its board approved an additional $80.0 billion of repurchase authorization, and the company raised the quarterly dividend from $0.01 to $0.25 a share. The company also said it made $18.6 billion of investments in private companies and infrastructure funds in the quarter, some of them in AI model makers that may indirectly buy or use its products in the cloud.25^,26^,18^,27^,28^,29^,30^,31^,32^,33^,34

We hold only the management discussion of this filing, not its notes to the financial statements, and our records cannot show whether the year-earlier financial figures were restated.35^,36