Highlights

  • NVIDIA reported Q2 FY2027 total revenue of $96.2 billion, up 106% year over year, with Data Centre revenue of $89.0 billion representing 93% of total quarterly revenue.
  • Data Centre revenue grew 117% year over year while Edge Computing revenue of $7.2 billion grew 27%, reflecting continued diversification of AI deployments.
  • GAAP EPS of $2.46 and net income of $59.7 billion underscore the earnings leverage of NVIDIA's GPU-centric business model at current demand levels.
  • Q3 FY2027 guidance of $108 billion, plus or minus 2%, signals further acceleration as the Blackwell GPU architecture ramps toward full volume production.

NVIDIA Corporation (NASDAQ:NVDA) reported second-quarter fiscal 2027 results that demonstrated the sustained and deepening nature of demand for AI computing infrastructure. Total revenue for the quarter ended 27 July 2026 reached $96.2 billion, more than doubling the $46.7 billion posted in the comparable quarter of fiscal 2026. Data Centre revenue of $89.0 billion accounted for 93% of that total, reflecting how profoundly enterprise, cloud, and government customers have prioritised AI infrastructure investment as a strategic imperative across every major sector of the global economy.

Data Centre Continues to Define Scale

Data Centre revenue of $89.0 billion in Q2 FY2027 grew 117% year over year, powered by the continued ramp of NVIDIA's Blackwell GPU architecture across hyperscale cloud providers, sovereign AI initiatives, and enterprise deployments. The Blackwell family — including GB200 NVL72 rack-scale systems — has been adopted by all of the largest cloud providers as the primary training and inference platform for large language models and multimodal AI systems.

NVIDIA also noted that inference workloads, historically a smaller portion of compute spend than training, are now growing faster than training as customers deploy AI applications at production scale. This shift toward inference-heavy deployments is extending the duration and breadth of GPU demand beyond the initial AI model development phase into a persistent, application-layer AI compute cycle.

Edge Computing and Geographic Expansion

Edge Computing revenue of $7.2 billion grew 27% year over year, with NVIDIA citing expansion of AI deployments into autonomous vehicles, manufacturing, robotics, and telecommunications infrastructure. The DRIVE AGX platform for automotive AI and the Jetson family for edge inference contributed to this segment's growth, while partnerships with major automotive OEMs continued to advance NVIDIA's position in autonomous driving AI.

NVIDIA also highlighted continued momentum in sovereign AI — government-funded AI infrastructure investments by national governments seeking domestic AI capability. Contracts across Asia, Europe, and the Middle East contributed to non-cloud data centre revenue in the quarter.

Profitability and Capital Returns

GAAP gross margin for Q2 FY2027 was 75.0%, reflecting pricing strength across GPU architectures and continued operating leverage at NVIDIA's fabless manufacturing model. GAAP net income reached $59.7 billion, generating GAAP EPS of $2.46. NVIDIA returned $26 billion to shareholders during the quarter through share repurchases and dividends, maintaining an active capital return programme even as AI infrastructure demand sustains record revenue generation.

Q3 FY2027 Guidance and Strategic Priorities

For the third fiscal quarter of 2027, NVIDIA guided revenue of $108 billion, plus or minus 2%, representing further sequential growth from the Q2 record. The company attributed its forward guidance confidence to the continued ramp of Blackwell architecture volumes, increasing AI infrastructure commitments from hyperscale cloud customers, and sustained demand from sovereign AI programmes. Capital expenditure by NVIDIA's largest customers is expected to remain elevated through at least mid-fiscal 2028, supporting a multi-year demand runway for the company's GPU products and CUDA software ecosystem.

Stock Price Information

NVIDIA Corporation (NASDAQ:NVDA) traded at $141.60 on 29 October 2026, representing a gain of 4.05% on the day, on volume of 272.87 million shares.