News / Korea / yonhap_finance
Nvidia Posts $96.2B Quarterly Revenue, Crushing Expectations on AI Demand
Electronic Technology · Semiconductors · yonhap_finance · 2026-08-26
Nvidia reported a 106% year-over-year revenue surge to $96.2 billion, driven by massive data center demand, while providing a strong Q3 outlook.
What Happened
Strong Financials: Nvidia reported fiscal Q2 revenue of $96.2 billion, marking a 106% increase from the previous year and exceeding analyst estimates of $92.17 billion. The company also outperformed earnings expectations with an EPS of $2.22, continuing its streak of record-breaking quarterly results.
Growth Drivers: The data center segment, which accounts for 92% of total revenue, grew by 117% year-over-year. CEO Jensen Huang highlighted that AI has reached a critical inflection point, fueled by a surge in demand from new research labs and startups.
Future Outlook: The company provided a Q3 revenue guidance of $108 billion, surpassing market forecasts of $104 billion. Nvidia remains confident in its ability to maintain growth as it continues to roll out its next-generation AI infrastructure products.
Risk Factors: Investors are monitoring the rise in accounts receivable to $63 billion and ongoing challenges in the Chinese market. Management clarified that the increase in receivables is due to extended payment terms with major clients, while China revenue remains negligible.