Key Highlights

  • NVIDIA (NASDAQ:NVDA) reported GAAP Net Income of USD 59.7 billion for the quarter ended July 26, 2026, up 126% year over year, on Revenue of USD 96.2 billion, up 106%, with Diluted Earnings per Share of USD 2.46.
  • Data Center revenue reached USD 89.0 billion, up 117% from a year earlier, so roughly 93% of total revenue came from that segment, simple arithmetic on the two published figures.
  • For the next quarter NVIDIA guided revenue of USD 108.0 billion, plus or minus 2%, with gross Margin near 74.0%, assuming no Data Center compute revenue from China.
  • Published market data show NVDA at USD 202.06, down 1.26% in the latest session, with trailing net income of USD 120.07 billion and a price to earnings ratio of 25.54. These screener figures are unverified.

The Profit Behind the Revenue

NVIDIA reported results for its second quarter of fiscal 2027, which ended July 26, 2026. Revenue of USD 96.2 billion was up 106% from a year earlier and 18% from the previous quarter. GAAP net income of USD 59.7 billion rose 126%, and diluted earnings per share of USD 2.46 compares with USD 1.08 a year ago. Profit grew faster than revenue because gross margins stayed high while operating expenses grew slowly. NVIDIA (NASDAQ:NVDA) turns more than half of each revenue dollar into net income, about 62%, by our own arithmetic on the published figures. That is an unusually high conversion rate for a hardware business, and it reflects pricing power on accelerators that customers struggle to source elsewhere, along with software and networking products sold alongside them.

How Net Income Scale Is Measured

The highest net income screen ranks companies by profit after tax over the trailing twelve months. On published market data NVDA shows USD 120.07 billion, which we have not matched to filings, so treat it as unverified. The quarterly figure is the verified anchor: USD 59.7 billion in one quarter is already about half that trailing total. The guide for next quarter points to further growth, with revenue of USD 108.0 billion, gross margin near 74.0% and GAAP operating expenses of about USD 9.2 billion. Those are company guidance, not forecasts of ours.

Risks and What to Watch

The outlook assumes no Data Center compute revenue from China, so any change in export rules could move results in either direction. Customer concentration among a small number of cloud and AI buyers is a standing risk, as is the pace at which customers can fund and power new capacity. The release did not state the date of the next earnings call, so investors should watch the company's announcement. On screener data the price to earnings ratio of 25.54 sits in a range that assumes growth continues, and the share price fell 1.26% in the latest session. The guided gross margin of 74.0% is a number investors will test against the next report, since margin assumptions drive how much of the revenue guide reaches profit.

Where Things Stand

NVIDIA earned USD 59.7 billion in one quarter because Data Center Demand pushed revenue to USD 96.2 billion at very high margins. That makes NVIDIA (NASDAQ:NVDA) one of the largest profit makers in the US market by any measure. The harder question is durability: the guidance of USD 108.0 billion for the next quarter suggests momentum, but it excludes China and depends on customers continuing to spend heavily on AI infrastructure.