NVIDIA (NASDAQ: NVDA) reported revenue for the second quarter ended July 26, 2026, of $96.2 billion, up 106% from a year ago. Nasdaq’s quote summary puts its market capitalization at $5.17 trillion. The stock closed at $217.23 on October 15, 2026, against a 52-week high of $243.37 and a 52-week low of $164.27. These NVIDIA stock statistics run from the share price, market value, share count, dividends and buybacks to the revenue, margins and earnings behind them.
NVIDIA also lifted its quarterly cash dividend from $0.01 to $0.25 per share, paid on June 26, 2026. July 26, 2026, closed the second quarter of fiscal 2027, so quarter labels such as Q2 FY27 follow NVIDIA’s fiscal year (FY) calendar. The data comes from NVIDIA’s earnings releases, its SEC filings and Nasdaq market data.
Key Takeaways
- Under generally accepted accounting principles (GAAP), diluted earnings per share (EPS) rose 89.2%, from $1.30 in the third quarter of fiscal 2026 to $2.46 in the second quarter of fiscal 2027, while NVDA’s close rose 7.3%, from $202.49 on October 31, 2025, to $217.23 on October 15, 2026.
- Dividends paid reached $6,047 million in the three months ended July 26, 2026, against $244 million in the three months ended July 27, 2025, after NVIDIA increased its quarterly cash dividend from $0.01 to $0.25 per share.
- One direct customer represented 16% of total revenue for the second quarter of fiscal year 2027, while two direct customers represented 23% and 16% for the second quarter of fiscal year 2026.
- Revenue from Taiwan-headquartered direct customers reached $26,985 million in the three months ended July 26, 2026, 3.03 times the $8,902 million a year earlier.
- Hyperscale customers generated 54.7% of Data Center revenue in the three months ended July 26, 2026.
- Revenue of $177,837 million in the first six months of fiscal 2027 already equals 82.4% of fiscal 2026 revenue of $215,938 million.
Editor’s Choice
- Q2 FY27 revenue: $96.2 billion, up 106% from a year ago.
- Market capitalization: $5.17 trillion in Nasdaq’s quote summary.
- Fiscal 2026 revenue: $215.9 billion, up 65% from a year ago.
- Shares outstanding: 24.1 billion as of August 21, 2026.
- Quarterly dividend: $0.25 per share, payable October 1, 2026.
- Q3 FY27 revenue outlook: $108.0 billion, plus or minus 2%.
- Buyback authorization remaining: approximately $99.0 billion at the end of the second quarter.
NVIDIA Revenue and Earnings in Q2 Fiscal 2027
- Revenue for the second quarter ended July 26, 2026, was $96.2 billion, up 18% from the previous quarter and up 106% from a year ago.
- GAAP and non-GAAP gross margins were both 75.0%, and GAAP and non-GAAP earnings per diluted share were $2.46 and $2.22, respectively.
- GAAP net income was $59,688 million, up 126% year over year.
- GAAP operating income was $63,734 million, up 124% year over year.
- NVIDIA expects third-quarter fiscal 2027 revenue of $108.0 billion, plus or minus 2%, and is not assuming any Data Center compute revenue from China in its outlook.
| Metric (GAAP) | Q2 FY27 | Q1 FY27 | Q2 FY26 |
|---|---|---|---|
| Revenue ($ millions) | 96,221 | 81,615 | 46,743 |
| Gross margin | 75.0% | 74.9% | 72.4% |
| Operating expenses ($ millions) | 8,408 | 7,621 | 5,413 |
| Operating income ($ millions) | 63,734 | 53,536 | 28,440 |
| Net income ($ millions) | 59,688 | 58,321 | 26,422 |
| Diluted EPS | $2.46 | $2.39 | $1.08 |
Source: NVIDIA Q2 Fiscal 2027 financial results release, August 2026
Jensen Huang, NVIDIA’s founder and chief executive, opened the second-quarter results release with a short verdict: “AI has reached its inflection point. It’s doing useful work.” NVIDIA returned approximately $26.0 billion to shareholders in the form of shares repurchased and cash dividends during the quarter.
About This Data
These figures are compiled from 15 sources: 10 NVIDIA press releases, 2 NVIDIA investor relations documents, 1 SEC filing and 2 Nasdaq market data pages. The sources were published between February 2024 and October 2026. Only company filings, company releases and exchange data qualify. Figures are reviewed on a rolling basis and updated when NVIDIA publishes new results.
NVIDIA Quarterly Revenue Growth
- First-quarter fiscal 2027 revenue was a record $81.6 billion, up 20% from the previous quarter and up 85% from a year ago.
- Fourth-quarter fiscal 2026 revenue was a record $68.1 billion, up 73% from a year ago.
- Third-quarter fiscal 2026 revenue was a record $57.0 billion, up 62% from a year ago.
- Revenue of $96,221 million in Q2 FY27 is 2.45 times the $39,331 million reported for Q4 FY25.
- NVIDIA had guided second-quarter fiscal 2027 revenue to $91.0 billion, plus or minus 2%, so the reported $96.2 billion landed $5.2 billion above the midpoint.
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Recent Developments
- October 16, 2026: NVIDIA RTX Spark laptops are available from ASUS, Dell, HP, Lenovo, Microsoft and MSI, with up to 1 petaflop of AI compute and up to 128GB of unified memory.
- October 1, 2026: NVIDIA’s next quarterly cash dividend of $0.25 per share was set for payment on October 1, 2026, to shareholders of record on September 10, 2026.
- August 17, 2026: NVIDIA said it will be the exclusive AI compute infrastructure provider at PORTS-Pike in Ohio and will invest $1.5 billion in SB Energy.
- August 10, 2026: NVIDIA signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR for compute financing platforms that aim to mobilize over $500 billion of third-party capital for the buildout of AI infrastructure over time.
- July 26, 2026: NVIDIA’s supply and capacity commitments totaled $279 billion, part of $366 billion in total future commitments.
NVIDIA Stock Statistics: Share Price Performance
- NVDA closed at $228.38 on September 30, 2026, and at $202.49 on October 31, 2025.
- NVDA’s close on September 30, 2026, was 1.31 times its $174.40 close of March 31, 2026.
- The stock gained 9.98% in August 2026, from $200.75 on July 31, 2026, to $220.78 on August 31, 2026.
- NVDA’s close rose 7.3% between October 31, 2025, and October 15, 2026.
- Nasdaq data show a 52-week high of $243.37 and a 52-week low of $164.27.
- On October 15, 2026, NVDA closed at $217.23 on trading volume of 127,087,900 shares.
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The month-end path shows a share price that sat below its late-2025 level for much of the year. Each quarterly report over the same stretch set a revenue record, yet a retail investor who bought at the $202.49 close of October 31, 2025, saw the price below that level at 8 of the next 11 month-ends.
NVIDIA Market Cap and Shares Outstanding
- Nasdaq’s quote summary lists NVIDIA’s market capitalization at $5.17 trillion.
- The number of shares of common stock outstanding as of August 21, 2026, was 24.1 billion.
- NVIDIA repurchased 203 million shares of its common stock for $39.8 billion during the first half of fiscal year 2027.
- NVIDIA repurchased 94 million shares for $19.7 billion during the second quarter of fiscal year 2027.
| Metric | Value |
|---|---|
| Market capitalization | $5,173,547,000,000 |
| Previous close | $217.23 |
| 52-week high | $243.37 |
| 52-week low | $164.27 |
| Shares outstanding (August 21, 2026) | 24.1 billion |
| Annualized dividend | $1.00 |
| Current yield | 0.46% |
Source: Nasdaq NVDA summary data, October 2026; NVIDIA Form 10-Q, August 2026
Market value moves with every trade. The reported share count updates only when a new filing lands, though buybacks change the actual count in between. That makes the share count the steadier input when comparing NVIDIA with the other Nasdaq 100 companies.
How many NVIDIA shares are in circulation?
NVIDIA had 24.1 billion shares of common stock outstanding as of August 21, 2026, according to its quarterly report on Form 10-Q. That count is the figure behind every per-share number on the page. Share repurchases shrink it over time, while a stock split multiplies it, so the share count from the most recent filing is the one to use when working out EPS or market value by hand.
NVIDIA Annual Revenue by Fiscal Year
- Fiscal 2026 revenue was $215.9 billion, up 65% from a year ago.
- Fiscal 2026 revenue was 3.55 times the fiscal 2024 total.
- Fiscal 2026 GAAP net income was $120,067 million, up 65% from $72,880 million in fiscal 2025.
- Data Center full-year revenue rose 68% to a record $193.7 billion, and Gaming full-year revenue rose 41% to a record $16.0 billion.
- Professional Visualization full-year revenue rose 70% to a record $3.2 billion, and Automotive full-year revenue rose 39% to a record $2.3 billion.
- First-half fiscal 2027 revenue of $177,837 million equals 82.4% of fiscal 2026 revenue of $215,938 million.
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NVIDIA Revenue by Market Platform
- Data Center revenue was $89.0 billion in the second quarter, up 18% from the previous quarter and up 117% from a year ago.
- Hyperscale revenue was $48,710 million in the three months ended July 26, 2026, against $24,168 million a year earlier.
- Hyperscale accounted for 54.7% of Data Center revenue in that quarter.
- Second-quarter Edge Computing revenue was $7.2 billion, up 13% from the previous quarter and up 27% from a year ago.
- NVIDIA reports two market platforms, Data Center and Edge Computing, and two Data Center sub-markets, Hyperscale and ACIE, which incorporates AI Clouds, Industrial and Enterprise.
- Compute & Networking segment revenue was $88,299 million, up 114%, and Graphics segment revenue was $7,922 million, up 46%.
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Under the previous sub-markets, first-quarter Data Center compute revenue was a record $60.4 billion, up 77% from a year ago, and Data Center networking revenue was a record $14.8 billion, up 199% from a year ago.
NVIDIA Gross Margin by Quarter
- GAAP gross margin was 75.0% in Q2 FY27, against 72.4% in Q2 FY26.
- GAAP gross margin was 60.5% in Q1 FY26, and NVIDIA’s non-GAAP gross margin for the first quarter of fiscal year 2026 includes H20 charges, net, of $4.5 billion.
- GAAP and non-GAAP gross margins for the third quarter of fiscal 2027 are expected to be 74.0%, plus or minus 50 basis points.
- Fiscal 2026 GAAP gross margin was 71.1%, against 75.0% in fiscal 2025.
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By the numbers: NVIDIA’s results releases show GAAP gross margin of 75.0% in Q4 FY26, 74.9% in Q1 FY27 and 75.0% in Q2 FY27, while the company guides to 74.0% for the third quarter of fiscal 2027. Gross margin held at about 75% for three straight quarters, and the third-quarter guide sits below that level.
NVIDIA Earnings Per Share
- GAAP earnings per diluted share were $2.46 in Q2 FY27, up 128% year over year.
- Non-GAAP diluted earnings per share rose 120% year over year in Q2 FY27.
- GAAP and non-GAAP earnings per diluted share were both $1.30 for the third quarter of fiscal 2026.
- GAAP diluted EPS rose 89.2% from the third quarter of fiscal 2026 to the second quarter of fiscal 2027.
- Fiscal 2026 GAAP earnings per diluted share were $4.90, against $2.94 for fiscal 2025.
- GAAP net income rose 2% from the prior quarter, to $59,688 million from $58,321 million.
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Key finding: NVIDIA’s GAAP to non-GAAP reconciliation shows gains from equity securities, net, of $15,936 million in the quarter ended April 26, 2026, against $7,771 million in the quarter ended July 26, 2026. That smaller investment gain is why GAAP earnings barely moved between the two quarters even as revenue climbed, and it is the line to watch when per-share profit looks out of step with sales.
NVIDIA Revenue by Customer Location
- Revenue from customers headquartered in the United States was $60,074 million in the three months ended July 26, 2026, against $32,897 million a year earlier.
- Revenue from customers headquartered in Taiwan was $26,985 million, against $8,902 million a year earlier.
- Taiwan-headquartered revenue was 3.03 times its year-earlier level.
- Revenue from sales to customers headquartered outside of the United States accounted for 38% of total revenue for the second quarter of fiscal year 2027 and 30% for the second quarter of fiscal year 2026.
- NVIDIA designates revenue by geographic region based on the location of the headquarters of direct customers, and the end customer and shipping location may be different.
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Export-control risk: The US government granted licenses that would allow NVIDIA to ship small amounts of H200 products to specific China-based customers, but such sales were restricted by the government in China. The China line in the table counts revenue from customers headquartered there across all products, so it does not measure licensed H200 sales. Sales that need approval from both governments can stop with one policy change.
How much revenue does NVIDIA make from China?
Customers headquartered in China (including Hong Kong) generated $7,880 million of revenue in the three months ended July 26, 2026, and $12,430 million in the first half of fiscal year 2027. NVIDIA incurred a $0.4 billion charge associated with H200 for excess inventory and purchase obligations during the first half of fiscal year 2027. Its third-quarter outlook assumes no Data Center compute revenue from China.
NVIDIA Dividends and Share Buybacks
- NVIDIA returned approximately $26.0 billion to shareholders in the form of shares repurchased and cash dividends during the second quarter of fiscal 2027.
- Dividends paid were $6,047 million in the three months ended July 26, 2026, against $244 million in the three months ended July 27, 2025.
- On May 18, 2026, the Board of Directors approved an additional $80.0 billion of share repurchase authorization, without expiration.
- Approximately $99.0 billion remained under the share repurchase authorization at the end of the second quarter.
- NVIDIA returned $41.1 billion to shareholders in the form of shares repurchased and cash dividends during fiscal 2026.
| Capital Return Item | Q2 FY27 | Q2 FY26 |
|---|---|---|
| Share repurchases ($ millions) | 19,732 | 9,721 |
| Dividends paid ($ millions) | 6,047 | 244 |
| Shares repurchased | 94 million | 67 million |
| Free cash flow ($ millions) | 21,341 | 13,450 |
Source: NVIDIA Q2 Fiscal 2027 financial results release and Form 10-Q, August 2026
For dividend-focused investors, the change turns NVIDIA’s payout from a token amount into a cash return measured in billions of dollars each quarter, alongside buybacks that remain more than three times larger.
Does NVIDIA pay dividends?
Yes. NVIDIA will pay its next quarterly cash dividend of $0.25 per share on October 1, 2026, to all shareholders of record on September 10, 2026. The company raised the quarterly dividend from $0.01 to $0.25 per share, first paid on June 26, 2026, and Nasdaq lists an annualized dividend of $1.00 and a current yield of 0.46%.
NVIDIA Stock Listing and Split History
- NVIDIA went public on January 22, 1999, at $12 per share and is traded on NASDAQ under the NVDA symbol.
- NVIDIA was incorporated in California in April 1993 and reincorporated in Delaware in April 1998.
- NVIDIA had approximately 42,000 employees in 38 countries at the end of fiscal year 2026.
- A ten-for-one forward stock split took effect on June 7, 2024.
- NVIDIA’s common stock CUSIP number is 67066G-10-4.
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Set against broader IPO return data, the distance between NVIDIA’s offering price and its current split-adjusted quote shows why a listing price alone says little about long-run shareholder outcomes.
What was NVIDIA’s stock price in 1999?
NVIDIA went public on January 22, 1999, at $12 per share, the offering price its investor relations FAQ gives. That figure comes before the later splits, including a 4:1 stock split in calendar tax year 2021 and a ten-for-one forward split effective June 7, 2024, so, as with other stock prices before and after splits, it cannot be compared with today’s quote without adjusting for them.
NVIDIA Customer Concentration and Insider Selling Plans
- One direct customer represented 16% of total revenue for the second quarter of fiscal year 2027.
- Two direct customers represented 23% and 16% of total revenue for the second quarter of fiscal year 2026.
- Five direct customers accounted for 22%, 14%, 13%, 11% and 10% of the accounts receivable balance as of July 26, 2026.
- Rule 10b5-1 trading arrangements in the 10-Q cover 6,500 shares for director Aarti Shah, 547,942 shares and any future equity awards for Timothy S. Teter and 375,439 shares for Colette M. Kress.
| Period | Number of Direct Customers | Share of Total Revenue |
|---|---|---|
| Q2 FY27 | 1 | 16% |
| First half FY27 | 3 | 16%, 15%, 13% |
| Q2 FY26 | 2 | 23%, 16% |
| First half FY26 | 2 | 20%, 15% |
Source: NVIDIA Form 10-Q, quarter ended July 26, 2026
Why it matters: NVIDIA’s Form 10-Q shows five direct customers at 22%, 14%, 13%, 11% and 10% of the accounts receivable balance as of July 26, 2026. Receivables are amounts customers still owe at the quarter’s end, so this split is a separate measure from the revenue shares in the table above.
Who is selling NVIDIA stock?
In its Form 10-Q, NVIDIA lists Rule 10b5-1 trading arrangements adopted by director Aarti Shah for 6,500 shares, general counsel Timothy S. Teter for 547,942 shares and any future equity awards, and chief financial officer Colette M. Kress for 375,439 shares. These are pre-arranged selling plans that set the sale terms in advance, not reports of completed sales.
Conclusion
NVIDIA reported $96.2 billion of revenue for its latest quarter, up 106% from a year ago, and set its quarterly dividend at $0.25 per share. Profit per share is compounding faster than the stock price, and the dividend and buyback figures show a company now returning cash at scale while it grows.
NVIDIA guides third-quarter revenue to $108.0 billion, plus or minus 2%, and approximately $99.0 billion remained under its share repurchase authorization. Whether revenue keeps growing at current margins is the question the next round of filings will answer.






























































