Nvidia Q1 Net Income Surges 211% to $58.3B, Data Center Revenue Up 92%
NVDA•Nvidia reported Q1 FY27 net income of $58.3 billion, a 211% increase, and revenue of $81.6 billion, up 85% year-on-year driven by Data Center gains. Data Center compute revenue rose 77% to $60.4 billion and networking revenue jumped 199% to $14.8 billion.
1. Q1 FY27 Financial Results
Nvidia reported net income of $58.3 billion for Q1 FY27, a 211% increase over the prior year, with diluted EPS rising 214% to $2.39. Revenue climbed 85% to $81.6 billion as operating income reached $53.5 billion against $7.6 billion in operating expenses.
2. Data Center and AI Platform Growth
The Data Center segment generated $75.2 billion, up 92% year-over-year and 21% sequentially, with compute revenue of $60.4 billion (+77%) and networking revenue of $14.8 billion (+199%). The Blackwell platform achieved full adoption by major hyperscalers, cloud providers and model builders, supported by Nvidia Dynamo 1.0 software accelerating inference by up to 7x.
3. Vera CPU Market Opportunity
CEO Jensen Huang highlighted a new $200 billion market opportunity driven by the Vera CPU, which has already delivered $20 billion in sales this year. The Vera Rubin platform, including the Vera CPU and BlueField-4 STX storage infrastructure, is expected to launch in H2, targeting agentic AI workloads.
4. Strategic Partnerships and Ecosystem Expansion
Nvidia expanded its ecosystem through multi-year partnerships with Google Cloud, debuting Vera Rubin-powered A5X instances and Google Gemini previews. Strategic alliances in optics with Coherent, Corning and Lumentum, as well as NVLink Fusion collaboration with Marvell and the launch of the RTX PRO 4500 Blackwell Server GPU, further bolster its AI infrastructure footprint.
