NVIDIA Reports $81.6 Billion in Q1 Revenue, Sets Record for 12 Consecutive Quarters (Comprehensive)

Twelve Consecutive Quarters of Record Revenue
Bright Outlook for Second Quarter Sales

NVIDIA surpassed expectations in the first quarter, posting revenue of $81.6 billion (approximately KRW 122 trillion), setting a new record for the twelfth consecutive quarter.

On May 20 (local time), NVIDIA announced that its revenue for the first quarter of fiscal year 2026 (February to April) reached $81.62 billion, an 85% surge compared to the same period last year. This figure is a 20% increase from the previous record of $68.13 billion in the prior quarter.

Jensen Huang, CEO of NVIDIA, is speaking at a press conference held at the San Jose by Hilton Hotel in California, USA, last March. Photo by Hyunji Kwon, The Asia Business Daily.

The majority of revenue came from the data center segment, which posted $75.2 billion with an annual growth rate of 92%.Specifically, revenue from data center computing reached $60.4 billion, while the networking segment recorded $14.8 billion.

Revenue from the edge computing segment, which includes PCs, game consoles, and autonomous vehicles, grew 29% year-on-year to $6.4 billion. Adjusted earnings per share (EPS) were $1.87, exceeding Wall Street's estimate of $1.76.

NVIDIA announced that, starting this quarter, it will reorganize its business segment classification. Instead of the previous detailed categorization, it will restructure into two main pillars: data center and edge computing. Within the data center segment, it will further divide into hyperscale and ACIE (AI Cloud, Industrial, Enterprise) segments.

The company projected second-quarter revenue to be in the range of $89.18 billion to $92.82 billion. However, NVIDIA clarified that this outlook does not include data center-related revenue from the Chinese market.

Jensen Huang, Chief Executive Officer, emphasized, "The construction of AI factories, which marks the largest infrastructure expansion in human history, is progressing at a remarkable pace." He added, "NVIDIA is the only scalable platform that operates on every cloud, supports all frontier models and open-source models, and powers the production of AI everywhere—from hyperscale data centers to edge computing."

This content was produced with the assistance of AI translation services.