NVIDIA Q2 results: $46.7B revenue, $26.4B net income

NVIDIA reported strong second-quarter results (quarter ending July 27): revenue of $46.7 billion — up 56% year‑over‑year — and net income of $26.4 billion. This marks the ninth consecutive quarter since the AI boom in 2023 where NVIDIA’s year‑on‑year revenue growth has exceeded 50%.

Key details

• Revenue: $46.7B (+56% YoY)
• Net income: $26.4B
• H20 for China: shipments were blocked earlier this year on national security grounds; NVIDIA said those shipments could have added roughly $8B to Q2 sales, but only $180M of H20 chips were shipped to a customer outside China.
• Blackwell-based chips: Sales rose ~17% from Q1 to reach $27B, representing about 50% of NVIDIA’s data-center revenue.
• NVIDIA is reportedly developing a more advanced Blackwell-based chip aimed at China, which — along with H20 — could drive further revenue gains.

Sources: NVIDIA investor relations and major financial outlets. For the official corporate release, see: NVIDIA Investor Relations.

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