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NVIDIA Announces Financial Results For Second Quarter Fiscal 2027

The chipmaker posted $59.7 billion in net income and said memory shortages could limit future growth despite demand for its AI systems.

NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 26, 2026, of $96.2 billion, up 18% from the previous quarter and up 106% from a year ago. For the quarter, GAAP and non-GAAP gross margins were both 75.0%. GAAP and non-GAAP earnings per diluted share were $2.46 and $2.22, respectively. “AI has reached its inflection point. It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue,” sai…

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IBTimes broke the news in New York, United States on Sunday, August 30, 2026.
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