The next earnings report for Nvidia (NASDAQ: NVDA) is days away.
It will report its first-quarter 2027 financial results on May 20
Nvidia and analysts expect quarterly revenue of $78 billion. The chipmaker exceeded revenue expectations in all four quarters of its fiscal 2026, so a revenue beat is essentially priced in at this point. For investors planning to dig into Nvidia’s earnings, there’s a more important number to focus on.
The forward guidance for Nvidia’s fiscal Q2 2027 carries more weight, for a few reasons. Nvidia is currently transitioning from its Blackwell architecture to its Vera Rubin architecture. Blackwell shipments are winding down, and Vera Rubin production is accelerating.