NVIDIA has reported record second quarter revenue of $96.2 billion, marking a 106% increase compared to the previous year. Surging global demand for AI compute pushed data center sales to $89.0 billion while profit margins held steady at 75%. Looking ahead, the company expects next quarter sales to reach $108.0 billion as its new hardware platforms enter volume manufacturing.
The latest financial release posted to the NVIDIA investor relations portal shows rapid expansion across the entire business. Total revenue climbed 18% from the preceding quarter. Net income hit $59.6 billion, and diluted earnings per share reached $2.46, representing a 128% jump from a year ago. Demand is broadening quickly. Data center operations generated $89.0 billion of total income, up 117% year over year, driven by intense procurement from hyperscalers and sovereign computing initiatives.
Cash returns to shareholders remained aggressive throughout the period. The company returned $26.0 billion through share buybacks and cash dividends, while retaining $99.0 billion under its ongoing repurchase authorization. A quarterly cash dividend of $0.25 per share was also authorized for common stockholders.
Jensen Huang, founder and CEO of NVIDIA, pointed to the expanding commercial value of machine learning workflows as the primary catalyst behind the numbers.
AI has reached its inflection point. It is doing useful work. Its tokens are productive and profitable. Now, compute is revenue. And demand is accelerating. The AI infrastructure buildout is at full steam. Vera Rubin, now in full production, was built to power exactly this moment.
The Vera Rubin platform is now shipping at volume to cloud infrastructure partners including Microsoft Azure, Google Cloud, Oracle Cloud Infrastructure, CoreWeave, and Nebius. Accompanying the compute modules are Spectrum 6 networking switches designed for gigascale installations. NVIDIA also introduced the Vera CPU, aimed directly at running automated AI agents, alongside full production runs of Groq 3 LPX inference chips.
Edge Computing generated $7.2 billion in revenue, growing 27% from the previous year. The segment saw expanding adoption through robotics reference platforms, automotive collaborations with Uber and Foxconn, and deskside supercomputing workstations for developers. Local hardware initiatives gained traction with optimizations for open models like DeepSeek v4 Flash and Nemotron 3.5 Lightning.
For the upcoming third quarter, NVIDIA projects revenue of $108.0 billion, give or take 2%. The outlook assumes zero data center compute revenue from China. Operating expenses are forecast to sit near $9.2 billion, with gross margins targeted around 74%. Spending across software ecosystems and custom silicon suggests the global push for AI capacity shows little sign of slowing down.
