NVIDIA reported record fiscal Q1 2027 revenue of $81.6 billion, an 85% jump year-over-year and a 20% sequential gain, as demand for AI compute continues to overwhelm any macro headwinds. The company's Data Center segment — the engine of the AI infrastructure buildout — surged 92% to $75.2 billion, accounting for the vast majority of total revenue.
On the bottom line, non-GAAP diluted EPS rocketed 140% to $1.87, with non-GAAP gross margin holding at a formidable 75.0%. Operating cash flow hit $50.3 billion for the quarter, with free cash flow close behind at $48.6 billion — numbers that underscore just how capital-efficient the AI chip monopoly has become.
For fiscal Q2 2027, NVIDIA guided approximately $91 billion in revenue, plus or minus 2%. Notably, that outlook explicitly excludes any Data Center compute revenue from China — meaning the growth trajectory is being achieved entirely…