Nvidia Q2: $96.2B Revenue, 92.5% From Data Center, $105B OpenAI Guarantee
rohanpaul_ai · x · 2026-08-27
Nvidia's latest results, by the numbers:
- Total revenue $96.2B, up 106% YoY, 75% gross margin. Data Center contributed $89B — 92.5% of revenue — with 55% from hyperscalers.
- Q3 guidance: $108B, assuming zero China Data Center compute revenue.
- $99B in equity investments: $47.7B public holdings, $47.9B private (doubled from $22.3B in six months), plus $3.3B in infrastructure-financier stakes; another $25B committed and $20B in long-term data-center leases to reassign.
- Nvidia holds a conditional guarantee capped at $105B on OpenAI's Ohio data-center leases.
- Per The Information, 25% of next year's revenue will come from AI labs Nvidia financially supports — a circular financing dynamic drawing scrutiny.
Related event: Nvidia Posts $96.2B Quarter, Doubles Revenue, Guides $108B for Q3(12 posts)→
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