Nvidia Q2 Revenue Jumps 85% to $81.6 Billion as Net Income Triples
Nvidia delivered April-quarter revenue of $81.6 billion, an 85% year-over-year increase, and net income of $58.3 billion, more than tripling analysts’ forecasts. However, its guidance was only modestly above projections and excluded China-related sales, leaving shares unmoved in premarket trades.
1. Record Quarterly Results
Nvidia reported April-quarter revenue of $81.6 billion, up 85% year-over-year, with net income of $58.3 billion, more than tripling year-earlier levels and surpassing consensus forecasts.
2. Modest Guidance and China Exclusion
Management set next-quarter revenue guidance modestly above street estimates but clarified that the forecast excludes China-related sales, raising questions about potential unaccounted demand in its fastest-growing market.
3. Market Reaction and AI Outlook
Shares remained flat in premarket trading as analysts weighed lofty expectations, while CEO Jensen Huang touted the “era of agentic AI” and parabolic demand driving enterprise chip orders.