← Who reports today · Information Technology
How Nvidia (NVDA) makes money: Q2 FY2027 revenue breakdown
US GAAP · $M · vs Q2 FY2026 · quarter ended 07/26/2026 (fiscal year is shifted) · reported 08/26/2026
Nvidia Corporation is an American multinational technology company headquartered in Santa Clara, California. · Wikipedia
More about the company
The company develops graphics processing units (GPUs), systems on chips (SoCs), and application programming interfaces (APIs) for data science, high-performance computing, artificial intelligence (AI), and mobile and automotive applications. Founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, Nvidia has been widely described as a Big Tech company.
Key growth driver: Compute & Networking — the fastest-growing revenue line: $88,299, +114% y/y. · by the Q2 FY2027 report
How does Nvidia make money?
Nvidia brought in $96.2 billion of revenue in Q2 FY2027, up 106% year over year. The largest source was Compute & Networking: $88.3 billion, or 92% of the total, followed by Graphics ($7.92B, 8%). Net income for the quarter was $59.7 billion, up 126% year over year.
Revenue by source, Q2 FY2027
- Compute & Networking$88.3B · 92% · +114%
- Graphics$7.92B · 8% · +46%
Shares of $96.2B total revenue; changes are year over year, as reported. ≈ marks lines derived from disclosed totals. The same flows are drawn in the Sankey chart below.
When is NVDA’s next earnings date?
Wednesday, November 18, 2026estimated
Nvidia (NVDA) has not confirmed the date yet; Nov 18, 2026 is an estimate based on the company's past reporting schedule and may move once the date is announced. Consensus EPS forecast: $2.47 (13 analysts), vs $1.24 in the same quarter last year.
What time does NVDA report? Usually after market close: the last 4 results releases reached the SEC at 4:21 pm, 4:21 pm, 4:31 pm, 4:20 pm ET.
Last report: Aug 26, 2026 (Q2 FY2027) — broken down in the Sankey chart below. Dates and consensus: Nasdaq / Zacks Investment Research; companies do reschedule. Who else reports this week →
All figures in $M.
Revenue
$96,221
+106%
Gross profit
$72,142
+113%
75.0% margin
Operating income
$63,734
+124%
66.2% margin
Net income
$59,688
+126%
$2.46 diluted EPS
Verdict: revenue more than doubled to $96.2B (+106% y/y) on the Blackwell Ultra ramp, gross margin held at 75.0%, and net income rose 126% to $59.7B — but $7.8B of "other income" is almost entirely unrealized gains on equity stakes, so about 13% of pre-tax income did not come from selling chips.
OCF $74.4B for the first half; $19.7B of stock repurchased in the quarter ($99.3B still authorized after a new $80B approval); dividends paid $6.3B in the half; Vera Rubin began production shipments in Q3 FY2027.
Source and notation
* marks non-cash / ≈ estimated. Source: NVIDIA 10-Q for the quarter ended July 26, 2026 (SEC EDGAR).
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
NVDA earnings history: past report dates
| Aug 26, 2026 Wed | 4:21 pmafter market close | Jul 26, 2026 | $96.2B+106% y/y | $2.46+128% y/y |
| May 20, 2026 Wed | 4:21 pmafter market close | Apr 26, 2026 | $81.6B+85% y/y | $2.39+214% y/y |
| Feb 25, 2026 Wed | 4:31 pmafter market close | Jan 25, 2026 | ≈$68.1B+73% y/y | ≈$1.76+98% y/y |
| Nov 19, 2025 Wed | 4:20 pmafter market close | Oct 26, 2025 | $57.0B+62% y/y | $1.30+67% y/y |
| Aug 27, 2025 Wed | 4:22 pmafter market close | Jul 27, 2025 | $46.7B+56% y/y | $1.08+61% y/y |
| May 28, 2025 Wed | 4:21 pmafter market close | Apr 27, 2025 | $44.1B+69% y/y | $0.76+27% y/y |
| Feb 26, 2025 Wed | 4:21 pmafter market close | Jan 26, 2025 | ≈$39.3B+78% y/y | ≈$0.89+82% y/y |
| Nov 20, 2024 Wed | 4:21 pmafter market close | Oct 27, 2024 | $35.1B+94% y/y | $0.78+111% y/y |
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Nvidia: 5-year financials
| FY2026 | 215,938 | 130,387 | 120,067 | 974 |
| FY2025 | 130,497 | 81,453 | 72,880 | 834 |
| FY2024 | 60,922 | 32,972 | 29,760 | 395 |
| FY2023 | 26,974 | 4,224 | 4,368 | 398 |
| FY2022 | 26,914 | 10,041 | 9,752 | 399 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP); the company’s fiscal year doesn’t match the calendar year so years follow the company’s own labels.
How we calculate
Figures are the annual report lines as filed, no adjustments. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing.
Corporate governance
1.5/2mostly good
How the company treats minority shareholders: 2 — well, 0 — systematically poorly.
More
- May 2022The SEC fined NVIDIA $5.5M for failing to disclose in 2017–2018 that crypto mining was a significant driver of its gaming revenue growth. sec.gov ↗
- Aug 2026Per the 10-Q for Q2 FY2027: the shareholder class action over 2017–2018 "crypto revenue" continues; the class was certified on March 25, 2026, no settlement. sec.gov ↗
- Feb 202610-K FY2026: a single class registered — NVDA common stock. sec.gov ↗
- Jan 2026Diluted shares fell 2.3% over FY2021–FY2026; SBC was 3.0% of revenue (XBRL). data.sec.gov ↗
Scoring: 2.0 −0.5 (criterion 10: $5.5M SEC fine for failing to disclose the impact of crypto mining, May 2022) = 1.5; the class action on the same issue is not settled — no deduction
- Share classes
- Single class of common stock (10-K FY2026 cover).
- Dilution
- Diluted shares FY2021→FY2026 −2.3% (split-adjusted), SBC 3.0% of revenue.
- Disclosure
- Full reporting, filed on time.
- Dividends
- Token dividend, never cut ($0.04 per share in FY2026 after the 10-for-1 split); $40B of buybacks in FY2026.
- Lawsuits & regulators
- SEC, 2022: $5.5M for incomplete disclosure of mining's role in revenue — 0.5 deduction. The 2018 class action on the same issue: class certified on March 25, 2026, no settlement (10-Q, August 2026) — no deduction.
- Related parties
- No material related-party transactions disclosed.
How the score works · checked as of Sep 2026
Nvidia (NVDA) earnings: FAQ
How does Nvidia make money?
Nvidia brought in $96.2 billion of revenue in Q2 FY2027, up 106% year over year. The largest source was Compute & Networking: $88.3 billion, or 92% of the total, followed by Graphics ($7.92B, 8%). Net income for the quarter was $59.7 billion, up 126% year over year.
When is NVDA's next earnings date?
Nvidia (NVDA) has not confirmed the date yet; Nov 18, 2026 is an estimate based on its past reporting schedule.
What time does NVDA report earnings?
Nvidia usually reports after market close: its latest results release was filed with the SEC at 4:21 pm ET on Aug 26, 2026.
When did NVDA last report earnings?
Nvidia reported Q2 FY2027 results on Aug 26, 2026.
What is the EPS estimate for NVDA's next earnings?
The consensus EPS forecast is $2.47 (13 analysts), vs $1.24 in the same quarter last year.
Where can I find Nvidia's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to NVDA's filings; this page breaks the latest report down in a Sankey chart.
What was NVDA's net income in Q2 FY2027?
Nvidia reported net income of $59,688M for Q2 FY2027 (+126% year over year), under US GAAP.
Does Nvidia pay dividends?
Yes. In fiscal 2026, Nvidia paid $974M in dividends on its common stock, per its 10-K. Earlier years are in the five-year table above.
New to earnings reports? Start with how to read an earnings report.
How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report. Figures checked against the filing on 09/01/2026. How we make the breakdowns · Report an error
More reports: ORCL · Q1 FY2027 · PANW · Q4 FY2026 · PLTR · Q2 2026 · QCOM · Q3 FY2026 · SNDK · Q4 2026 · SNPS · Q3 FY26 · STX · FQ4 2026 · TXN · Q2 2026 · WDC · Q4 2026 · AAPL · Q3 2026 · all reports