Nvidia Q1 Income Up 211% to $58.3B, Q2 Revenue $91B

Get the Tech newsletter
Daily tech — startups, AI labs, chips, the launches that shape the next decade. Free.
- Nvidia posted Q1 net income of $58.3 billion, up 211 % YoY, beating analyst estimate of $42.9 billion.
- Nvidia reported Q1 revenue of $81.62 billion, up 85 % YoY, with data‑center revenue climbing 92 % to $75.2 billion.
- Nvidia raised its Q2 revenue outlook to $91 billion.
- Nvidia announced an $80 billion share‑repurchase program.
- Nvidia credited the surge in AI agents and data‑center computing demand for the record quarter.
Why it matters: Investors gain as Nvidia's soaring earnings and $80 B buyback boost shareholder value, while rivals face heightened pressure to match AI‑driven demand; the $91 B Q2 target signals continued market expansion.

