Nvidia beats Q1 EPS and revenue estimates, forecasts $89.1–$92.8B Q2 sales
Nvidia reported Q1 EPS of $1.87 and revenue of $81.62 billion, topping estimates of $1.77 and $79.18 billion. It projects Q2 sales between $89.1 billion and $92.8 billion versus Wall Street’s $87.3 billion forecast and saw data-center revenue jump to $75.2 billion.
1. Q1 Financial Performance
Nvidia posted Q1 EPS of $1.87 on revenue of $81.62 billion, beating estimates of $1.77 and $79.18 billion.
2. Q2 Outlook
Management forecast Q2 revenue between $89.1 billion and $92.8 billion, above the $87.3 billion consensus.
3. Data-Center Segment Details
Data-center revenue rose to $75.2 billion from $39.11 billion a year earlier, with roughly half of sales from hyperscalers and the remainder split across AI cloud, industrial, enterprise and sovereign customers.
4. China Shipments and Competition
No Hopper product revenue shipped to China during the quarter despite U.S. export licenses, while competition intensifies from IPOs and in-house AI chips at Cerebras, Amazon and Google.