Nvidia Fiscal 2026 Q4 Revenue Jumps 73% as Jensen Huang Says Agentic AI Inflection Point Has Arrived

NVIDIA is the global leader in AI accelerators and data-center computing platforms, and spending on its chips has become central to capital expenditure by cloud giants including Amazon, Microsoft and Google. CEO Jensen Huang says agentic AI can perform tasks autonomously and generate vast numbers of tokens, directly converting computing capacity into cloud-service revenue. The company's outlook is therefore a key gauge of whether AI investment remains robust.

NVIDIA on May 20, 2026, reported results for its fiscal 2027 first quarter ended April 26. Revenue rose 85% year over year to $81.615 billion, exceeding FactSet's estimate of $78.91 billion. Adjusted earnings per share were $1.76, also topping the $1.75 forecast. Data-center revenue climbed 92% to $75.2 billion, while the company projected second-quarter revenue of $91 billion, plus or minus 2%.

NVIDIA is the global leader in AI accelerators, with its data-center business benefiting from demand for generative AI and inference computing and its Blackwell platform driving growth. The company’s fiscal 2026 fourth quarter, which ended January 25, 2026, was seen as a key gauge of whether global spending on AI infrastructure could continue.

NVIDIA reported results on February 25, 2026, posting record quarterly revenue of $68.1 billion, up 73% from a year earlier. Its first-quarter outlook also exceeded market expectations. CEO Jensen Huang highlighted Blackwell’s inference capabilities and commercial potential, and Morgan Stanley subsequently raised its price target for NVIDIA to $260.