$NVDA NVIDIA Q1 Earnings & Q2 Guidance
- Adjusted EPS $1.87
- Revenue $81.62B, est. $79.19B
- Sees Q2 Revenue $89.18B–$92.82B, est. $87.36B
- Sees Q2 Revenue $91.0B ±2%
- Adjusted Gross Margin 75.0%
- Sees Q2 Adjusted Gross Margin 74.5%–75.5%
- Data Center Revenue $75.2B, est. $73.48B
- Compute & Networking Revenue $74.55B
- Sees Q2 Adjusted Operating Expenses ~$8.3B, est. $7.93B
- Hyperscale revenue ~50% of Data Center revenue
- Hyperscale revenue increased sequentially in Q1
- Boosts quarterly cash dividend to $0.25/share vs. $0.01/share prior
- Reports additional $80B share buyback authorization
- Moving to a new reporting framework with two platforms
- Q2 revenue outlook topped estimates