TLDR
- NVIDIA reports $81.6B Q1 revenue, up 85% from last year, marking a record quarter.
- Company executes $20B in buybacks and raises quarterly dividend to $0.25 per share.
- Data Center revenue climbs 92% YoY with new AI infrastructure and Hyperscale growth.
- Edge Computing revenue grows 29% with advanced AI models and autonomous systems.
- NVIDIA expects $91B Q2 revenue, continuing aggressive AI expansion and platform growth.
NVIDIA (NVDA) closed at $223.47, up 1.30%, and surged in after-hours trading to $225.60, reflecting strong late-day momentum. The company reported a record first-quarter revenue of $81.6 billion, up 85% year-over-year and 20% sequentially. Gross margins remained robust at 74.9% GAAP and 75.0% non-GAAP, highlighting consistent operational efficiency.
NVIDIA Corporation, NVDA
NVIDIA returned approximately $20.0 billion to shareholders in share repurchases and dividends during the quarter. The Board approved an additional $80.0 billion for buybacks with no expiration, signaling continued capital deployment. Quarterly dividends rose from $0.01 to $0.25 per share, effective June 26, 2026.
The company transitioned to a new reporting framework, focusing on Data Center and Edge Computing platforms. Data Center will include Hyperscale and ACIE, while Edge Computing highlights devices for agentic and physical AI. This framework emphasizes NVIDIA’s growth opportunities in AI factories and enterprise data centers worldwide.
Data Center Growth and AI Expansion
Data Center revenue reached a record $75.2 billion, up 21% from the previous quarter and 92% from last year. Compute revenue hit $60.4 billion, while networking revenue surged 199% year-over-year. NVIDIA introduced new platforms, including Vera Rubin CPUs and Dynamo 1.0 software, advancing AI inference capabilities globally.
The company launched NVIDIA NemoClaw, OpenShell, and Agent Toolkit, enabling autonomous enterprise AI applications. Partnerships expanded with Google Cloud, Marvell, and optical technology firms, enhancing AI infrastructure. NVIDIA also announced the RTX PRO 4500 Blackwell Server Edition GPU, reinforcing its high-performance computing portfolio.
Open AI model development advanced through Nemotron, BioNeMo, and Ising models, along with the Nemotron Coalition. These developments support generative and agentic AI adoption in multiple industries. Collaboration with hyperscale and enterprise customers drives global AI factory deployment and optimized computing solutions.
Edge Computing and Autonomous Systems
Edge Computing revenue reached $6.4 billion, up 10% from the prior quarter and 29% year-over-year. NVIDIA released DLSS 4.5 and previewed DLSS 5, enhancing real-time graphics rendering and AI-driven performance. Key local agentic models such as Gemma 4, Qwen, Mistral, and Nemotron were optimized for RTX and edge devices.
The company expanded autonomous driving partnerships with Hyundai, Kia, Uber, and other automotive leaders. NVIDIA launched Halos OS, Cosmos, Isaac GR00T N models, and simulation frameworks for physical AI. Integration with telecom partners including T-Mobile and Nokia supports AI-RAN-ready infrastructure and future 6G deployments.
NVIDIA projects second-quarter revenue of $91.0 billion, with expected gross margins near 75%. Operating expenses are estimated at $8.5 billion GAAP and $8.3 billion non-GAAP. The company plans to maintain full-year tax rates between 16% and 18%, excluding discrete items or major changes.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
