NVIDIA Q2 Revenue Hits $96.2B as Data Center Surges 117% and Vera Rubin Ramps
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Key Takeaways
- Quarterly revenue more than doubled year-over-year to $96.2 billion, with the Data Center segment accounting for 92.5% of total sales.
- The company maintains $105 billion in supply and capacity obligations alongside infrastructure guarantees for AI cloud power and land.
NVIDIA Corporation (NASDAQ: NVDA) announced its financial results for the second quarter of fiscal 2027 today, posting total revenue of $96.22 billion. The figure represents an 18% sequential increase and a 106% surge year over year, driven by relentless enterprise and sovereign demand for artificial intelligence compute infrastructure.
GAAP net income reached $59.69 billion, up 126% from the $26.42 billion reported in the second quarter of fiscal 2026, while gross margins held firm at 75.0%.
Data Center Dominance and Next-Gen Hardware Rollout
NVIDIA's Data Center segment generated $89.0 billion in revenue for the quarter, up 117% year over year and 18% sequentially. Jensen Huang, founder and CEO of NVIDIA, noted that the industry has entered a multi-tiered scaling phase where multiple frontier labs, startups, and open-model ecosystems are expanding compute footprints concurrently.
