NVDA Q1 2026 Earnings: Data Center Revenue Surpasses $30B

NVIDIA's data center segment posted a 93% year-over-year increase, making it the largest quarterly data center revenue print in semiconductor history.

$NVDA

NVIDIA reported fiscal Q1 2026 results after market close Wednesday, beating consensus on both revenue and earnings per share by a comfortable margin.

Key metrics:

  • Revenue: $44.1B (+69% YoY)
  • Data center: $39.1B (+93% YoY)
  • Gross margin: 78.4% (vs 77.1% expected)
  • EPS (adjusted): $0.96 (vs $0.88 consensus)

Management guided Q2 revenue to $45B ± 2%, above the $43.9B consensus estimate at time of the call. CEO Jensen Huang cited Blackwell platform ramp, noting that shipments in Q1 exceeded internal plans.

The stock rose 5.7% in after-hours trading. On the CANSLIM framework, NVDA currently scores 6/7 — docked one point on the “I” criterion as institutional ownership has reached saturation levels that reduce the incremental buying fuel that drives continuation moves.

TQ

The Quant