Nvidia Posts $96.2B Quarter, Doubles Revenue, Guides $108B for Q3

NVIDIA reported its latest quarterly results (most posters labeled it FY2027 Q2): revenue of $96.2 billion, up 106% year-over-year and 18% sequentially, with a 75% gross margin and GAAP net income of about $59.7 billion, up 126% YoY. The data center business contributed $89 billion, up 117% YoY and roughly 92.5% of total revenue, with about 55% coming from hyperscalers. The company also issued Q3 revenue guidance of $108 billion, far above market expectations.

Confirmed

• Q2 total revenue of $96.2 billion, +106% YoY, +18% QoQ; gross margin 75%; GAAP net income of $59.69 billion, +126% YoY (@rohanpaulai, @kimmonismus)
• Data center revenue of $89 billion, +117% YoY, about 92.5% of total revenue; roughly 55% from hyperscalers (@rohanpaulai)
• Q3 revenue guidance of $108 billion, which assumes zero compute revenue from China data centers; excluding China data centers, growth would still reach 89% (@kimmonismus, @inductionheads)
• CFO Colette Kress said on the earnings call that revenue is expected to grow about 70% next fiscal year, well above analysts' prior expectation of 44%; she noted customer forecasts point to "growth doubling next year," but current guidance is constrained by supply chain limits (@firstadopter)
• Post m8 noted that at 70% growth, total revenue would reach about $700 billion, and some analysts believe actual results could exceed that guidance, with $750 billion possibly just the baseline expectation

Unconfirmed

• Post m4's figures — "Q2 revenue of $30 billion, Non-GAAP EPS of $0.67, Q3 guidance of $32.5 billion" — clearly conflict with the numbers in other posts, possibly reflecting a different quarter or erroneous data, and cannot be adjudicated from the material
• The fiscal year for the CFO's projected "70% growth next fiscal year" is labeled inconsistently across posts (m3 says fiscal 2028, m8 says "next year"), so its exact fiscal-year attribution is uncertain

Why it matters

Data center now accounts for nearly 93% of NVIDIA's revenue, and even with China business assumed at zero, guidance still reached $108 billion, showing AI compute demand remains robust and customers — especially cloud providers — are clearly committed to capacity expansion. The CFO's 70% growth outlook far exceeds Wall Street consensus; if delivered, it would further cement NVIDIA's central position in the AI compute supply chain, with supply chain capacity becoming the key limiting factor.

2026-08-27 ~ 2026-08-27 · 12 related posts

Full story(2 episodes)→

• Episode 1: Nvidia Q2 Earnings Preview: Record $92.3B Revenue Expected(2026-08-25, 3 posts)
• Episode 2: Nvidia Posts $96.2B Quarter, Doubles Revenue, Guides $108B for Q3(2026-08-27, 12 posts)

• Nvidia beats revenue expectations with forecast of $108B — Polymarket · 2026-08-27
• Nvidia guides $108B Q3 revenue, doubling growth even without China data center sales — inductionheads · 2026-08-27
• NVIDIA CFO forecasts 70% growth next year, targeting ~$700B revenue — BenBajarin · 2026-08-27
• Nvidia projects 70% revenue growth for fiscal 2028, beating analyst expectations of 44% — firstadopter · 2026-08-27
• Nvidia data center revenue hits record $89B, up 116% YoY — Beth_Kindig · 2026-08-27
• [source] Nvidia Q2: $96.2B Revenue, 92.5% From Data Center, $105B OpenAI Guarantee — rohanpaul_ai · 2026-08-27
• Nvidia FQ2 revenue hits $96.22B, beating estimates by $4.06B — Beth_Kindig · 2026-08-27
• NVIDIA Q2 revenue $30B up 122%, guidance beats expectations — JFPuget · 2026-08-27
• [source] Nvidia Q2 Revenue Hits $96.2B, Data Center Growth at 117% — kimmonismus · 2026-08-27
• Nvidia revenue beats expectations; forecasts 70% growth for fiscal 2028 — rickasaurus · 2026-08-27

2 near-duplicate retellings: rohanpaul_ai · kimmonismus