NVIDIA (NVDA)
NVIDIA (NVDA) designs the accelerated-computing platform behind the AI build-out. Data-center GPUs and networking are the bulk of revenue, and its physical-AI stack (Isaac, Jetson Thor, and the GR00T humanoid foundation models) powers robotics across the industry, including Hyundai and Boston Dynamics. In Q1 FY2027 it reported revenue of $81.6 billion, up 85%.
| Ticker | NVDA |
|---|---|
| Exchange | NASDAQ |
| Sector | Information Technology · Semiconductors & Physical-AI Compute |
| Country | United States |
| Wikidata | Q182477 |
| Last updated | 2026-06-08 |
Next event:Next earnings · Q2 FY2027, estimated · Calendar-estimated from prior years (NVIDIA typically reports Q2 in late August); not yet company-confirmed. Last report: Q1 FY2027 on 2026-05-20. (source)
Latest reported quarter:Q1 FY2027 (ended Apr 26, 2026) (reported2026-05-20)
NVIDIA posted record Q1 FY2027 revenue of $81.6 billion, up 85% year over year, led by record Data Center revenue of $75.2 billion (+92%). Non-GAAP diluted EPS was $1.87, up 140%; GAAP EPS of $2.39 was lifted by a $15.9 billion gain on equity securities. Gross margin was 74.9%, and NVIDIA guided Q2 FY2027 revenue to about $91.0 billion.
| Revenue | $81.6B+85%YoY · Company record; +20% QoQ |
|---|---|
| Data Center revenue | $75.2B+92%YoY · Compute $60.4B, networking $14.8B |
| GAAP gross margin | 74.9% · Non-GAAP 75.0% |
| Non-GAAP diluted EPS | $1.87+140%YoY |
| GAAP net income | $58.3B+211%YoY · Includes $15.9B equity-securities gain |
Revenue by segment
| Data Center (compute + networking) | $75.2B · 92.2%of revenue+92% YoY |
|---|---|
| Data Center — Compute | $60.4B+77% YoY |
| Data Center — Networking | $14.8B+199% YoY |
| Edge Computing (gaming, robotics, automotive, PCs) | $6.4B · 7.8%of revenue+29% YoY |
Guidance:Fiscal Q2 2027 (quarter ending ~Jul 2026)
| Q2 FY2027 revenue | $91.0B · Plus or minus 2% |
|---|---|
| Q2 FY2027 non-GAAP gross margin | ~75% · Management outlook on the earnings call |
Outlook given with the Q1 FY2027 results on May 20, 2026.
Recent & upcoming events
- · Record Q1 FY2027 results.Revenue $81.6B (+85%) with Data Center $75.2B (+92%); non-GAAP EPS $1.87. NVIDIA announced an additional $80B share-repurchase authorization and raised the quarterly dividend to $0.25, and guided Q2 FY2027 revenue to about $91.0B. (source)
- · Physical-AI roadmap advances.Alongside results, NVIDIA cited new Cosmos and Isaac GR00T N models, new Isaac simulation frameworks, and the general availability of NVIDIA IGX Thor, extending the compute stack that robotics makers build on. (source)
- · Hyundai Motor Group AI factory partnership.NVIDIA and Hyundai Motor Group announced an AI factory powered by NVIDIA Blackwell, targeting 50,000 GPUs and roughly $3 billion of investment to advance physical AI, smart factories, and robotics in Korea. (source)
Revenue and the compute/networking split are from NVIDIA's Q1 FY2027 press release (quarter ended Apr 26, 2026). NVIDIA's fiscal year ends in late January, so Q1 FY2027 is the Feb–Apr 2026 calendar quarter.
Figures are as of 2026-06-08 and reflect the most recent public filings/IR releases; they are updated after each earnings report.
What does NVIDIA do?
NVIDIA is, in revenue terms, a data-center company. In Q1 of fiscal 2027 the Data Center platform brought in $75.2 billion, up 92% year over year, which is 92% of the company’s $81.6 billion in total revenue (NVIDIA, May 20, 2026). Inside that, compute (the GPUs that train and run AI models) was $60.4 billion and networking was $14.8 billion, up 199% as customers wired together ever larger clusters. Everything else, gaming, robotics, automotive, and PC chips, now sits in a smaller Edge Computing bucket of $6.4 billion.
The second business is the one that matters for robotics. NVIDIA frames it as “physical AI,” and it has built a full stack for it: the Isaac platform for simulating and training robots, the Jetson Thor on-robot computer that runs the AI on the machine itself, and the Project GR00T foundation models for humanoids. Jetson Thor became generally available in 2025, built on NVIDIA’s Blackwell architecture, and is the same playbook NVIDIA used in the data center, sell the compute and the software platform that an entire industry standardizes on.
How does NVIDIA fit the Hyundai robotics value chain?
The Hyundai robotics value chain runs from the Atlas humanoid down through the parts, software, and the AI brains. NVIDIA supplies the brains. Its Isaac simulation stack, Jetson Thor compute, and GR00T humanoid foundation models are the tooling that Hyundai and its Boston Dynamics unit build on, the same platform a long list of robot makers (Figure, Agility, Universal Robots, FANUC, and others) also use.
The commitment is concrete and large. In October 2025 NVIDIA and Hyundai Motor Group announced an AI factory powered by NVIDIA Blackwell, targeting 50,000 GPUs and about $3 billion of investment, to advance physical AI, smart factories, and robotics in Korea.
Hyundai Motor Group and NVIDIA “aim to enable integrated AI model training, validation and deployment using 50,000 NVIDIA Blackwell GPUs,” part of “approximately $3 billion” of investment to advance physical AI in Korea.
— NVIDIA newsroom, Oct 31, 2025
That makes NVIDIA the compute layer the rest of the Hyundai chain depends on. The actuators, the lamps-turned-sensors, and the logistics robots all need a brain, and that brain increasingly runs NVIDIA silicon and software.
What did NVIDIA report most recently?
In Q1 of fiscal 2027 (the quarter ended April 26, 2026), NVIDIA posted record revenue of $81.6 billion, up 85% year over year and 20% sequentially (NVIDIA, May 20, 2026). Data Center set a record at $75.2 billion, up 92%. GAAP gross margin was 74.9%. Non-GAAP diluted EPS was $1.87, up 140%, the cleaner read on the operating business; GAAP EPS of $2.39 was lifted by a $15.9 billion gain on equity securities, so the GAAP figure overstates the operating trend. NVIDIA also announced an additional $80 billion share-repurchase authorization and raised its quarterly dividend to $0.25.
A note on the calendar: NVIDIA’s fiscal year ends in late January, so “Q1 FY2027” is the February-to-April 2026 quarter. That is why its latest print is more recent than a December-year-end company’s Q1.
What is NVIDIA’s guidance?
For Q2 of fiscal 2027, NVIDIA guided revenue to about $91.0 billion, plus or minus 2%, with non-GAAP gross margin around 75% (NVIDIA, May 20, 2026). On the results, CEO Jensen Huang framed the demand backdrop bluntly: “The buildout of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed.”
What are the risks for NVIDIA?
- Customer concentration. A large share of Data Center revenue comes from a handful of hyperscalers and AI labs, so a pause in their capital spending would hit NVIDIA fast.
- Export controls. Restrictions on advanced-chip sales to China have already cost NVIDIA addressable market and remain a live policy risk.
- Competition. Custom silicon from cloud customers (TPUs, in-house accelerators) and rival GPUs aim directly at NVIDIA’s data-center moat.
- Robotics is still small. The physical-AI business is strategically central but tiny next to Data Center today, so the robotics thesis is a long-dated option layered on a data-center cash machine.
Related securities, concepts & terms
- Hyundai Motor Robotics Value Chainparent
- Robotics & Physical AIparent
- Alphabet (GOOGL)sibling
- Samsung Electronics (005930)related
Related indices & ETFs
- Akros Hyundai Motor Robotics Value Chain TOP3 Plus Index · AkrosAkros index framing the Hyundai-affiliated robotics value chain; NVIDIA is the physical-AI compute partner. No ETF tracks it yet.
Frequently asked questions about NVIDIA
What does NVIDIA do?
NVIDIA designs the accelerated-computing platform behind the AI build-out. The bulk of revenue is Data Center: GPUs and networking for AI training and inference, which generated $75.2 billion of Q1 FY2027 revenue, up 92% (NVIDIA, May 20, 2026). NVIDIA also builds the physical-AI stack: the Isaac simulation platform, the Jetson Thor on-robot computer, and the Project GR00T humanoid foundation models that robotics companies across the industry train and run on.
How does NVIDIA fit the Hyundai robotics value chain?
NVIDIA supplies the physical-AI compute. Its Isaac simulation stack, Jetson Thor on-robot computer, and GR00T humanoid foundation models are the tooling Hyundai and Boston Dynamics build on. In October 2025 NVIDIA and Hyundai Motor Group announced an AI factory powered by NVIDIA Blackwell, targeting 50,000 GPUs and about $3 billion of investment to advance physical AI, smart factories, and robotics in Korea (NVIDIA newsroom).
What was NVIDIA's latest quarterly revenue?
NVIDIA reported record revenue of $81.6 billion for Q1 of fiscal 2027 (the quarter ended April 26, 2026), up 85% year over year and 20% sequentially (NVIDIA, May 20, 2026). Data Center revenue was a record $75.2 billion, up 92%. Non-GAAP diluted EPS was $1.87, up 140%; GAAP EPS of $2.39 was lifted by a $15.9 billion gain on equity securities.
What is NVIDIA's guidance and when does it next report earnings?
NVIDIA guided Q2 fiscal 2027 revenue to about $91.0 billion, plus or minus 2%, with non-GAAP gross margin around 75% (NVIDIA, May 20, 2026). It is expected to report Q2 FY2027 results in late August 2026; that date is calendar-estimated and not yet company-confirmed, so check NVIDIA's investor relations page at investor.nvidia.com. It last reported on May 20, 2026.
Sources & references
- NVIDIA Announces Financial Results for First Quarter Fiscal 2027 · NVIDIA Corporation (Newsroom), 2026-05-20
- NVIDIA Announces Financial Results for First Quarter Fiscal 2027 (Investor Relations) · NVIDIA Corporation (Investor Relations), 2026-05-20
- NVIDIA, South Korea Government and Industrial Giants Build AI Infrastructure and Ecosystem · NVIDIA Corporation (Newsroom), 2025-10-31
- NVIDIA Blackwell-Powered Jetson Thor Now Available, Accelerating the Age of General Robotics · NVIDIA Corporation (Newsroom), 2025-08-25