Technology and Science21 May, 20262 min read
Nvidia Reports Record Quarter With $81.6 Billion Revenue, $80 Billion Share Repurchases
This article is an automated aggregation of coverage from news outlets. Our editorials offer in-depth analysis curated by the NewsCord team.
Nvidia posted a record quarter with $81.6B revenue, up 20% QoQ. Nvidia authorized $80B in share repurchases.
Nvidia’s record quarter
Nvidia reported a record quarter for the three months ending April 26, bringing in $81.6 billion in revenue and $75.2 billion in data center revenue, while authorizing $80 billion in share repurchases. Nvidia’s CFO Colette Kress said, “Our Blackwell architecture is everywhere, adopted and deployed by every major hyperscaler, every cloud provider, and every major model maker,” as the company tied its results to data-center demand.
In a separate account of Nvidia’s earlier results, Xpert.Digital said Nvidia announced quarterly revenue of $68.1 billion and net profit of $43 billion, with a gross margin of 75%. Xpert.Digital also reported that Nvidia’s fourth-quarter data center revenue reached $62.3 billion, and that “more than 91 % du chiffre d'affaires total provient de ce seul segment.”
China limits and stakes
TechCrunch reported that Nvidia forecast $91 billion in revenue for the next quarter, described as 12% growth, and said Chinese exports did not make any significant impact on the company’s earnings. On China specifically, Colette Kress told investors, “we have yet to generate any revenue, and we are uncertain whether any imports will be allowed into [China],” after noting that H200s have been approved for U.S. export.
Xpert.Digital framed Nvidia’s China exposure through U.S. export restrictions, saying Nvidia is “actuellement interdite de vente d'accélérateurs d'IA” in the Chinese market and that its first-quarter outlook does not include Chinese revenue. Xpert.Digital also described how Nvidia’s accounting and investment activity fed the headline numbers, noting an “écart d'environ 11 milliards de dollars” between operating result and net result tied to latent gains on investments, including in Intel.
AI infrastructure bets
Beyond Nvidia’s core results, TechCrunch reported that Nvidia’s privately held stakes nearly doubled between January and April, rising from $22 billion to $43 billion, after $18.5 billion in purchases during the quarter. TechCrunch also said Nvidia committed to investing $30 billion in OpenAI in February, and that Jensen Huang told investors, “The amount of capacity we’re going to bring online for Anthropic this year and next year is going to be quite significant.”
In Portail de l'IE’s analysis of Nvidia’s broader role, the outlet said AI data centers now account for 90% of revenue, and it quoted Jensen Huang saying Nvidia’s share of the AI chip market in China fell from 95% to zero. Portail de l'IE added that the H20 chips were designed to bypass restrictions and yielded only $650 million against a $57 billion quarter, while it said the H200 chips would be allowed for export to China in exchange for a 25% commission to the U.S. government.