Nvidia reported record revenue for fiscal Q1 revenue to 26 April 2026 of $81.6bn, up 20% from the previous quarter and up 85% from a year ago.

For the quarter, GAAP and non-GAAP gross margins were 74.9% and 75.0%, respectively.

“The buildout of AI factories — the largest infrastructure expansion in human history — is accelerating at extraordinary speed,” said Jensen Huang. “Agentic AI has arrived, doing productive work, generating real value and scaling rapidly across companies and industries. Nvidia is uniquely positioned at the centre of this transformation as the only platform that runs in every cloud, powers every frontier and open source model, and scales everywhere AI is produced — from hyperscale datacentres to the edge.”

During the quarter, Nvidia returned a record level of approximately $20bn to shareholders in the form of shares repurchased and cash dividends.

Nvidia is adopting a new reporting framework with two market platforms — Data Center and Edge Computing. Within Data Center, Nvidia will report two sub-markets, Hyperscale and ACIE, which incorporate AI clouds, industrial and enterprise.

Nvidia has Q1 revenue of $81bn, expects $91bn in Q2Hyperscale will include revenue from the public clouds and the world’s largest consumer internet companies, while ACIE addresses opportunities in diverse AI purpose-built datacentres and AI factories across industries and countries.

Edge Computing highlights data processing devices for agentic and physical AI including PCs, game consoles, workstations, AI-RAN base stations, robotics and automotive.

Under the previous sub-markets, Data Center compute revenue was $60.4bn, up 77% from a year ago and up 18% sequentially. Data Center networking revenue was a record $14.8bn, up 199% from a year ago and up 35% sequentially.

By: DocMemory
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