NVIDIA reported record second quarter fiscal 2027 results, with revenue and earnings significantly exceeding analyst estimates driven by the ramp of Blackwell Ultra infrastructure. The company provided a strong outlook for the third quarter, expecting revenue of $108.0 billion, and noted that compute demand is accelerating globally across new AI labs and sovereign entities.
Key Highlights
- Data Center revenue reached a record $89.0 billion, up 117% from a year ago, now representing over 92% of total company revenue.
- Non-GAAP gross margins remained industry-leading at 75.0%, benefiting from a favorable product mix of high-end AI infrastructure.
- The company returned $26.0 billion to shareholders through repurchases and dividends and authorized a massive $25.0 billion debt issuance for general corporate purposes.
- Management announced the Vera Rubin platform is entering full production, targeting the next generation of agentic AI and physical AI applications.