NVIDIA reported record first quarter results, with revenue growing 85% year-over-year to $81.6 billion and non-GAAP EPS increasing 140% to $1.87. The company provided a strong outlook for the second quarter, forecasting revenue of approximately $91.0 billion.

Key Highlights

  • Data Center revenue reached a record of $75.2 billion, an increase of 92% from the prior year, exceeding analyst expectations and demonstrating continued strength in AI infrastructure demand.
  • The company guided for second quarter revenue of $91.0 billion, significantly ahead of prior consensus and indicating sustained momentum.
  • NVIDIA announced an $80.0 billion additional share repurchase authorization and increased its quarterly dividend to $0.25 per share.