CoinDesk
Nvidia reported fiscal second-quarter revenue of $96.2 billion, beating the $92.27 billion consensus. Data-center revenue reached $89 billion versus $85.4 billion expected, while earnings per share came in at $2.22 against $2.09.
Why it matters
The company guided to $108 billion in third-quarter revenue, ahead of the $103.9 billion Street forecast. Only nine S&P 500 companies have previously reported $100 billion or more in quarterly revenue, putting Nvidia's scale in rare territory.
The growth outlook is strong, but margins are moving the other way. Nvidia guided next-quarter gross margin to 74%, down from 75% in the second quarter.
Market impact
Nvidia shares were modestly lower in after-hours trading despite the earnings beat and above-consensus guide. That reaction underscores how high expectations are for the AI-chip leader.
Bitcoin remained in a tight range just above $78,000. Investors will now watch whether Nvidia can deliver the $108 billion quarter while holding gross margin near the guided level.
Frequently asked questions
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How did Nvidia's fiscal second-quarter revenue compare with consensus?
Nvidia reported $96.2 billion in fiscal second-quarter revenue versus the $92.27 billion consensus estimate.
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How did Nvidia's data-center revenue perform against estimates?
Data-center revenue reached $89 billion, ahead of the $85.4 billion estimate.
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What EPS did Nvidia report for fiscal second quarter?
Nvidia reported earnings per share of $2.22, above the $2.09 estimate.
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Why is Nvidia's $108B guide notable in the S&P 500?
Only nine S&P 500 companies have previously reported $100 billion or more in quarterly revenue, making Nvidia's guide unusually large by that benchmark.
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How did Nvidia shares and Bitcoin react after the results?
Nvidia shares were modestly lower in after-hours trading, while Bitcoin remained in a tight range just above $78,000.
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