Nvidia reported second-quarter revenue of $96.2 billion, up 106% from a year earlier, with earnings per share of $2.22, up more than 111%. Gross margin rose to 75.0% from 72.7% a year ago, as the company's data-center division alone generated a record $89.02 billion, up 116.6% year over year and 18.3% from the prior quarter.
Executives credited the growth to accelerating adoption of Nvidia's Blackwell Ultra chips across cloud providers and enterprise customers. For the current quarter, Nvidia guided for revenue of about $108 billion, plus or minus 2%, implying roughly 89% year-over-year growth, and told investors it expects fiscal 2028 revenue to grow around 70% as the business remains, in the company's words, "supply-constrained" rather than demand-constrained.
The results marked Nvidia's 15th consecutive quarter of beating Wall Street expectations. Shares jumped 8.7% following the report, the stock's biggest single-day gain since April 2025, and helped lift the broader Nasdaq Composite by 1.6% on the day.
The blowout quarter reinforces Nvidia's position as the primary beneficiary of enterprise AI infrastructure spending, even as questions grow about how sustainable that spending pace is across the industry.
