⭕ BREAKING HARD: NVIDIA POSTS RECORD $44.1B REVENUE—but China chip ban bites! 📉💻
🔸 Q1 FY2026 revenue hits $44.1 BILLION, up 69% YoY—driven by Data Center boom.
🔸 Faces $4.5B loss from unsold H20 AI chips due to US export ban to China.
🔸 Gaming & Auto segments SHINE, but…— thehardnewsdaily (@TheHardNewsD) May 29, 2025
NVIDIA has announced its financial results for the first quarter of fiscal year 2026, ending April 27, 2025
The company reported a record revenue of $44.1 billion, up 12% from the previous quarter and 69% year-over-year.
The Data Center division led the surge with $39.1 billion in revenue, representing a 73% YoY increase.
However, NVIDIA incurred a $4.5 billion charge due to unsold H20 chips affected by U.S. export restrictions to China.
An additional $2.5 billion worth of inventory was unsellable in the quarter.
Excluding this, non-GAAP gross margin would have been 71.3%, while the reported figure was 61.0%.
Diluted EPS was reported at $0.81, and excluding the H20 charge, it would have been $0.96.
The Gaming segment reached $3.8 billion, up 48% QoQ and 42% YoY, driven by the GeForce RTX 5070 and 5060 launches.
The Professional Visualization segment brought in $509 million, and Automotive earned $567 million, up 72% YoY.
A collaboration with General Motors was also announced for developing AI-powered vehicles and factories.
NVIDIA projects $45 billion revenue in Q2, though warns of an $8 billion potential impact due to continued export restrictions.
A quarterly dividend of $0.01 per share will be paid on July 3, 2025.
