How much was Nvidia's revenue for the quarter?

Revenue was $96.22 billion, more than double from a year earlier, beating analysts' forecast of $92.27 billion.

What did Nvidia forecast for the current quarter?

Nvidia forecast revenue of about $108 billion for the August-October period, which would be a roughly 89% increase from last year.

What are investors worried about despite the strong results?

Investors worry about a jarring comedown after a three-year boom that saw Nvidia's market value soar from $400 billion at the end of 2022 to roughly $5.2 trillion now, amid skepticism about AI spending.

AI Stocks & MarketsAI Business & IndustryYahoo Finance AIAug 26, 2026Aug 27, 2026, 06:01 JST

Nvidia Q2 beats estimates, revenue doubles to $96.22B

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3 Key Points

What happened
Nvidia reported net income of $59.69 billion, or $2.46 per share, for the May-July period. Revenue more than doubled to $96.22 billion, beating analysts' average forecast of $92.27 billion.
Why it matters
The results signal AI infrastructure spending remains strong, with revenue forecast of about $108 billion for the current quarter, implying a roughly 89% increase from last year. However, operating expenses surged 55% to $8.41 billion, and investors worry about a comedown after a three-year boom that saw market value soar to roughly $5.2 trillion.
What to watch
Nvidia's data center segment, which includes AI chips for hyperscalers like Amazon, Meta, and Google, reported revenue of $89 billion, up more than twofold. The company said it's not assuming any data center compute revenue from China in its outlook.

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Context & Analysis

Nvidia's latest earnings show its high-end AI chips remain a key building block for the industry, with data center revenue reaching $89 billion, up more than twofold. The company's edge computing segment, which brings AI features to devices like computers and robotics, also grew 27% to $7.2 billion. CEO Jensen Huang highlighted that AI has reached its inflection point, saying, 'Now, compute is revenue.'

Despite the rosy outlook, operating expenses rose 55% to $8.41 billion, and the company is not assuming any data center compute revenue from China in its outlook. This suggests potential geopolitical or regulatory headwinds in that market. The forecast of about $108 billion for the current quarter indicates growth is still accelerating, but investors remain cautious about whether AI spending will justify the trillions invested, given the market value has already soared to roughly $5.2 trillion.

FAQ

How much was Nvidia's revenue for the quarter?: Revenue was $96.22 billion, more than double from a year earlier, beating analysts' forecast of $92.27 billion.
What did Nvidia forecast for the current quarter?: Nvidia forecast revenue of about $108 billion for the August-October period, which would be a roughly 89% increase from last year.
What are investors worried about despite the strong results?: Investors worry about a jarring comedown after a three-year boom that saw Nvidia's market value soar from $400 billion at the end of 2022 to roughly $5.2 trillion now, amid skepticism about AI spending.

Yahoo Finance AIRead Original Article

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