NVDAEarnings season? More like Nvidia season
Nvidia reported record first-quarter revenue of $81.6 billion for the quarter ended April 26, 2026, up 20% from the previous quarter and 85% from a year earlier. That’s not a beat; that’s the kind of number that makes everyone else in semis look like they’re jogging in flip-flops.
Why investors care
The company is still the poster child for the AI spending boom, and results like this reinforce that the demand story is not just hype cooked up in a keynote slide deck.
For shareholders, the takeaway is simple:
- Nvidia is still monetizing AI infrastructure at a ridiculous pace
- the revenue base keeps getting bigger, which gives the stock more room to justify its premium
- any hint of slowdown from here would matter more, because expectations are now sky-high
The bar gets higher from here
When a company posts record sales this large, the market immediately starts asking what comes next. Can data-center demand keep running? Will customers keep spending? And can Nvidia stay the undisputed boss of the AI hardware pile?
Big picture: Nvidia didn’t just report a strong quarter — it reminded Wall Street that the AI gold rush is still very much open for business.