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NVIDIA (NVDA) gross margin by quarter

NVIDIA's gross margin was 75.0% in Q2 FY27 (second quarter fiscal 2027), +0.0 pts from Q1 FY27. Over the last 7 quarters it ranged from 60.5% (Q1 FY26) to 75.0% (Q4 FY26).

NVIDIA gross margin by quarterNVIDIA gross margin by quarter73.0%Q4 FY2560.5%Q1 FY2672.4%Q2 FY2673.4%Q3 FY2675.0%Q4 FY2674.9%Q1 FY2775.0%Q2 FY27
QuarterGross marginQ/QY/Y
Q2 FY2775.0%+0.0 pts+2.6 pts
Q1 FY2774.9%-0.1 pts+14.4 pts
Q4 FY2675.0%+1.6 pts+2.0 pts
Q3 FY2673.4%+1.0 pts—
Q2 FY2672.4%+11.9 pts—
Q1 FY2660.5%-12.5 pts—
Q4 FY2573.0%——

Q2 FY27 at a glance

NVIDIA, Q2 FY27: revenue $96.2B (+106% year over year), operating margin 66.2%, net earnings $59.7B, operating cash flow $24.1B. The chart follows the revenue to costs, profit and cash.

Questions

What is NVIDIA's gross margin?

NVIDIA's gross margin was 75.0% in Q2 FY27 (second quarter fiscal 2027), +0.0 pts from Q1 FY27.

How has NVIDIA's gross margin changed?

Over the last 7 quarters it ranged from 60.5% (Q1 FY26) to 75.0% (Q4 FY26).

Q2 FY27 results → · How NVIDIA makes money →