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Nvidia Q2 Revenue Surges to $96.2 Billion as Data Center Sales More Than Double
Nvidia reported fiscal second-quarter revenue of $96.22 billion, topping analyst estimates of $92.17 billion and marking a dramatic year-over-year acceleration. Adjusted earnings per share came in at $2.22, ahead of the $2.10 consensus, while GAAP EPS reached $2.46 and net income hit $59.69 billion. The standout figure was data center revenue of $89.0 billion, up 117% from a year ago and accounting for roughly 93% of total sales, beating the $85.86 billion estimate.
Gross margin held at 75%, a level analysts had flagged as a key benchmark. For the fiscal third quarter, Nvidia guided revenue to $108.0 billion, plus or minus 2%, well above the $104.19 billion consensus, extending its streak of beats as AI infrastructure spending shows no sign of slowing.
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- Zerohedge*NVIDIA 2Q REV. $96.2B, EST. $92.38B *NVIDIA SEES 3Q REV. $108.0B PLUS OR MINUS 2% *NVIDIA 2Q ADJ GROSS MARGIN 75% *NVIDIA 2Q ADJ EPS $2.22
- FaststocknewssNVIDIA $NVDA FISCAL Q2 DATA CENTER REVENUE $89B, UP 117%, GUIDES Q3 TO $108B - Data center revenue: $89.0B, +117% YoY, roughly 93% of total - Revenue: $96.221B vs $92.165B est, beat - Adjusted EPS: $2.22 vs $2.10 est, beat - GAAP EPS: $2.46 - Net income: $59.688B - EBIT: $63.734B - Gross margin: 75% Q3 guidance: revenue $108B vs $104.193B est, above consensus. Revenue came in above the $93.63B consensus going into the print, and gross margin held at the 75% mark analysts flagged as a key check.
- FirstSquawkNVIDIA POSTED Q2 REVENUE OF $96,221 MLN, ABOVE THE IBES ESTIMATE OF $92,165 MLN, WITH ADJUSTED EPS OF $2.22 VERSUS $2.10 EXPECTED, NET INCOME OF $59,688 MLN, A GROSS MARGIN OF 75% AND DATA CENTER REVENUE OF $89.0 BLN, UP 117% FROM A YEAR AGO.
- YahooFinanceBreaking: $NVDA reports its Q2 earnings results Revenue: $96.22B vs $92.38B estimated Adjusted EPS: $2.22 Data center revenue: $89B vs $85.86B estimated
- CnbcNvidia reports earnings beat as revenue more than doubles: Live updates