- Q2 revenue $96.2 billion, up 106 percent year over year
- Data center $89 billion, up 117 percent
- Company guided fiscal 2028 growth near 70 percent, about $690 billion vs Street $570 billion
- Accounts receivable $63 billion, DSO rose to 60 days
- Long-term debt jumped to $32.4 billion after a $25 billion bond issue
- Reports say Nvidia is buying Hugging Face for about $12.9 billion
Nvidia’s record $96.2 billion in quarterly sales and 15th consecutive earnings beat … pic.twitter.com/qDXcZkimEO
— Lance Roberts (@LanceRoberts) August 27, 2026
Can NVDA repeat this type of growth rate in the future?
NVIDIA guided ~70% revenue growth for FY28 (to ~$690B), below the latest 106% but still exceptional. Management notes demand is stronger—potentially doubling—yet constrained by supply (mainly memory). Triple-digit rates get harder as the base scales, but multi-year high growth looks plausible via AI infrastructure expansion, Vera Rubin, and broader customers beyond hyperscalers.
-Grok
Nvidia issued $25 billion of new bonds in June.
DSO jumped because of longer payment terms on big multi-quarter deals.
Hugging Face deal would lock in another piece of the AI software stack.
Street was only modeling about 45 percent growth next year, not 70.