HighGravityDataNvidia — May 20, 2026 release
Fiscal 2027 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001045810-26-000051
Showing in the filing
Non-GAAP gross margin
“75.0 %”
Period
Q2 FY2027
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 10
GAAP gross margin for Q2 FY2027
“74.9 %”
Non-GAAP gross margin for Q2 FY2027
“75.0 %”
Quarterly dividend
“$0.25 per share”
Share repurchase authorization increase
“$80.0 billion”
Revenue for Q2 FY2027
“$91.0 billion, plus or minus 2%”
GAAP and non-GAAP gross margins for Q2 FY2027
“74.9% and 75.0%, respectively, plus or minus 50 basis points”
GAAP and non-GAAP operating expenses for Q2 FY2027
“approximately $8.5 billion and $8.3 billion, respectively”
GAAP operating expenses for Q2 FY2027
“approximately $8.5 billion”
GAAP and non-GAAP tax rates for FY2027
“between 16.0% and 18.0%”
Non-GAAP operating expenses for Q2 FY2027
“$ 8,300”
Exhibit 99.1 · the passage around this item
… earlier in the release
$18,775 36 % 211 % Diluted earnings per share $2.39 $1.76 $0.76 36 % 214 % Non-GAAP ($ in millions, except earnings per share) Q1 FY27 Q4 FY26 Q1 FY26 Q/Q Y/Y Revenue $81,615 $68,127 $44,062 20 % 85 % Gross margin 75.0 % 75.1 % 60.8 % (0.1) pts 14.2 pts Operating expenses $7,449 $6,666 $4,993 12 % 49 % Operating income $53,783 $44,474 $21,801 21 % 147 % Net income $45,548 $38,969 $19,094 17 % 139 % Diluted earnings per share $1.87 $1.59 $0.78 18 % 140 % Revenue by Reportable Segments ($ in millions) Q1 FY27 Q4 FY26 Q1 FY26 Q/Q Y/Y Compute & Networking $74,550 $61,651 $39,589 21 % 88 % Graphics 7,065 6,476 4,473 9 % 58 % Total $81,615 $68,127 $44,062 20 % 85 % Revenue by Market Platform ($ in millions) Q1 FY27 Q4 FY26 Q1 FY26 Q/Q Y/Y Data Center $75,246 $62,314 $39,112 21 % 92 % Hyperscale 37,869 33,814 17,599 12 % 115 % AI Clouds, Industrial, & Enterprise 37,377 28,500 21,513 31 % 74 % Edge Computing 6,369 5,813 4,950 10 % 29 % Total $81,615 $68,127 $44,062 20 % 85 % We specialize in markets where our computing platforms can provide tremendous acceleration for applications. These platforms incorporate processors, interconnects, software, algorithms, systems, and services to deliver unique value. Following the rapid evolution in our businesses, we are transitioning to a new reporting framework that better reflects our current and future growth drivers. We will have two mark
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.