NVIDIA · 2026-05-20 · major
NVIDIA Reports Record $81.6B Q1 FY27 — Data Center Hits $75.2B, Q2 Guide Lifted to $91B, $80B Buyback Authorization, and CEO Jensen Huang Says Vera CPU Opens a 'Brand New $200B' Agentic-AI Market
NVIDIA's Q1 fiscal 2027 revenue climbed 85% year over year to a record $81.6B with Data Center at $75.2B, lifted Q2 guidance to $91B, and authorised an extra $80B buyback plus a 25x dividend hike while Huang positioned the freshly-shipping Vera CPU as a $200B agentic-AI opportunity.
NVIDIA's blow-out Q1 print pairs $81.6B revenue with a $200B Vera CPU TAM call from Jensen Huang.
Key specs
| Q1 fy27 revenue | $81.6B |
|---|---|
| Data center revenue | $75.2B |
| Yoy growth | 85% |
| Data center yo y | 92% |
| Q2 fy27 guide mid | $91.0B |
| Non gaap eps | $1.87 |
| Buyback authorization | $80B |
| Dividend per share | $0.25 |
| Vera tam | $200B |
| Vera sold ytd | $20B |
What is it?
NVIDIA's first-quarter fiscal 2027 earnings, reported on May 20, 2026 for the quarter ended April 26, 2026. The release pairs record sales with a $91B Q2 guide, a $0.01 to $0.25 dividend hike, $80B added to the buyback line, and a new claim that Vera, the company's first agent-built CPU, opens an entirely new market.
How does it work?
Data Center revenue grew 92% year over year to $75.2B, propelled by Blackwell 300 systems and Spectrum-X networking. Non-GAAP diluted EPS hit $1.87, up 140%. On the call, Huang said Vera 'opens a brand new $200B TAM,' citing $20B of Vera already sold this year as orchestration, tool-calling, RL, and long-context state push CPU work back into the foreground of every AI factory.
Why does it matter?
The print resets the bar for how fast AI demand is converting into revenue and signals NVIDIA is no longer just a GPU company — it now plans to capture the agent-side CPU spend that comes with every Blackwell rack. The 25x dividend bump and $80B buyback authorisation also reframe NVIDIA as a cash-return story, not only a growth one.
Who is it for?
anyone tracking AI infrastructure demand or buying NVDA
Try it
https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-first-quarter-fiscal-2027