Nvidia says Q2 FY2027 revenue climbs 106% on Blackwell Ultra data center ramp

• Nvidia posted Q2 fiscal 2027 revenue of $96.22 billion, up 106% year over year, driven by the ramp of Blackwell Ultra infrastructure.
• Data Center revenue reached $89.02 billion, up 117% year over year, with hyperscale growth tied to Blackwell Ultra demand.
• Gross margin was 75% on a mix shift toward Blackwell Ultra; margins were roughly flat sequentially as Blackwell remained the majority of revenue.
• Operating expenses rose to $8.41 billion, up 55% year over year, reflecting higher compute infrastructure spending and compensation costs.
• Q3 fiscal 2027 revenue outlook is $108 billion ±2%; guidance assumes no Data Center compute revenue from China.

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