Filing Flows › NVIDIA (NVDA) › Q2 FY27 › vs Q1 FY27
NVIDIA (NVDA) Q2 FY27 vs Q1 FY27 (quarter over quarter)
NVIDIA's revenue rose $14.6B (+18%) from $81.6B in Q1 FY27 to $96.2B in Q2 FY27. The biggest changes: Data Center +$13.8B (+18%); Edge Computing +$829M (+13%). Gross margin 75.0% against 74.9% (+0.0 pts).
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 draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 75.0% | 74.9% | +0.0 pts |
| Operating margin | 66.2% | 65.6% | +0.6 pts |
| Net margin | 62.0% | 71.5% | -9.4 pts |
| Free cash flow margin | 22.2% | 59.5% | -37.3 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Hyperscale | $48.7B | $37.9B | $10.8B | +29% |
| AI Clouds, Industrial, & Enterprise | $40.3B | $37.4B | $2.9B | +8% |
| Data Center | $89.0B | $75.2B | $13.8B | +18% |
| Edge Computing | $7.2B | $6.4B | $829M | +13% |
| Revenue | $96.2B | $81.6B | $14.6B | +18% |
| Gross profit | $72.1B | $61.2B | $11.0B | +18% |
| Cost of revenue | $24.1B | $20.5B | $3.6B | +18% |
| Other income, net | $7.8B | $16.4B | −$8.6B | -53% |
| Operating profit | $63.7B | $53.5B | $10.2B | +19% |
| Operating expenses | $8.4B | $7.6B | $787M | +10% |
| Pre-tax earnings | $71.5B | $69.9B | $1.6B | +2% |
| Research & development | $7.1B | $6.3B | $733M | +12% |
| SG&A | $1.4B | $1.3B | $54.0M | +4% |
| Net earnings | $59.7B | $58.3B | $1.4B | +2% |
| Income tax | $11.8B | $11.6B | $237M | +2% |
| Depreciation & amortization | $1.1B | $997M | $130M | +13% |
| Share-based compensation | $2.0B | $1.9B | $98.0M | +5% |
| Working capital & other | $38.8B | $10.9B | $27.9B | +256% |
| Operating cash flow | $24.1B | $50.3B | −$26.3B | -52% |
| Free cash flow (OCF − capex) | $21.4B | $48.6B | −$27.2B | -56% |
| Capital expenditures | $2.7B | $1.8B | $920M | +52% |
Questions
How much did NVIDIA's revenue grow quarter over quarter in Q2 FY27?
NVIDIA's revenue rose $14.6B (+18%) from $81.6B in Q1 FY27 to $96.2B in Q2 FY27.
What drove NVIDIA's revenue change in Q2 FY27?
Data Center +$13.8B (+18%); Edge Computing +$829M (+13%).