Santa Clara, California— Nvidia, a leader in AI and fast computing, published its financial Nvidia released its financial results for the second quarter of fiscal year 2026 on Wednesday. The company had another record-breaking growth period. The corporation said it made $46.7 billion in sales, which is a 6% increase from the previous quarter and a huge 56% increase from the same time last year.
The huge demand for Nvidia’s Data Center products, which brought in $41.1 billion in sales, was the main reason for this financial success. This important part of the business had a huge 56% increase from one year to the next and a 17% increase from the previous quarter. This was mostly because the company’s new Blackwell platform was growing so quickly.
Jensen Huang, the founder and CEO of Nvidia, praised the new platform, saying, “Blackwell is the AI platform the world has been waiting for. It makes an amazing generational leap. Production of Blackwell Ultra is going full speed ahead, and demand is through the roof.” He went on to say that “the AI race is on, and Blackwell is at the center of it.”
Even though Nvidia’s earnings report was quite good, its shares fell a little in after-hours trade, dropping more than 2% to $176.37. This small drop comes at a time when the market is worried about a possible “AI spending bubble” and if it will last. Jordan Klein, an analyst at Mizuho Securities, said that investors would probably swiftly buy up any dip that was more than 5%.
The company’s quarterly report gave an outlook for the third quarter of fiscal 2026, saying that revenue would be about $54.0 billion, plus or minus 2%. The prediction doesn’t include any sales of its H20 chips to China, which is a market that is affected by U.S. export restrictions. During the second quarter, Nvidia didn’t sell any H20 to clients in China. However, they did get $180 million from releasing H20 that had been set aside for sales to a customer outside of China.
Important Financial Highlights for the Second Quarter of FY2026:
Total Revenue: $46.7 billion, up 56% from last year
Data Center Revenue: $41.1 billion, up 56% from last year
Gaming Revenue: $4.3 billion, up 49% from last year
Revenue from cars: $586 million (+69% from last year)
72.7% of the gross margin is not GAAP.
Earnings per share (EPS) not in GAAP: $1.05