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Nvidia Q2 Revenue Hits $96.2B, Beating Estimates

8/27/2026

46 3 Full Breakdown

Summary

Story summary

Nvidia reported Q2 FY2027 revenue of $96.2 billion, beating the $92.1 billion analyst estimate.
Data Center sales rose to $89.0 billion, a 117% year-over-year increase.
CFO Colette Kress forecast FY2028 revenue growth of about 70%, above the 44% Wall Street estimate.
Nvidia began full-scale production of the Vera Rubin AI platform.
Supply constraints, especially memory shortages, cap growth despite demand exceeding 70%.

History

Historical Context

The 2012 AlexNet breakthrough, built by Alex Krizhevsky, Ilya Sutskever and Geoffrey Hinton on two Nvidia GTX-580 GPUs, cut ImageNet top-5 error to 15.3% after training on 1.2 million images for five days. That GPU-driven success sparked a decade of AI investment, leading Nvidia’s data-center revenue to surge 117% in FY2027.

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Story summary

Nvidia reported Q2 FY2027 revenue of $96.2 billion, beating the $92.1 billion analyst estimate.
Data Center sales rose to $89.0 billion, a 117% year-over-year increase.
CFO Colette Kress forecast FY2028 revenue growth of about 70%, above the 44% Wall Street estimate.
Nvidia began full-scale production of the Vera Rubin AI platform.
Supply constraints, especially memory shortages, cap growth despite demand exceeding 70%.

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