NVIDIA Set to Report FY2027 Q1 Results, With Revenue Forecast at Record $78 Billion

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.

NVIDIA leads the global market for AI accelerators, and whether its Blackwell architecture can enter mass production smoothly will affect capital spending by cloud providers including Microsoft and Meta, as well as the broader AI supply chain. Ahead of the earnings report, Wall Street was watching new chip deliveries, data center demand and whether heavy AI investment was approaching an inflection point.

NVIDIA reported quarterly revenue of $39.3 billion on February 26, 2025, up 78% from a year earlier and above Wall Street expectations. Blackwell generated about $11 billion in revenue, while AI-related crypto assets gained following the results. Before the report, long and short positions totaling tens of millions of dollars also faced off in Hyperliquid’s on-chain NVDA contracts.