By Johnny Rice, The Motley Fool
Publication Date: 2026-05-14 12:38:00
Nvidia (NASDAQ: NVDA) will report earnings after the market closes on May 20. On average, the Wall Street analysts covering the company expect it to have pulled in a cool $78.8 billion in sales in its fiscal 2027 first quarter — up 77% from the same period last year.
I think we’re so deep into the artificial intelligence boom that it’s easy to forget how incredible this is. The largest company on Earth, which did $216 billion in sales last year, is expected to grow its revenue at a pace that most start-ups would envy.
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So, will Nvidia clear the bar? And what does it mean for investors?
Nvidia keeps beating its own forecasts
Here’s a look at Nvidia’s recent track record, which has been flawless.
Quarter | Nvidia’s Forecast | Wall Street Estimate | Actual Revenue |
|---|---|---|---|
Fiscal 2026 Q1 | $43.0 billion | $43.2 billion | $44.1 billion |
Fiscal 2026 Q2 | $45.0 billion | $46.0 billion | $46.7 billion |
Fiscal 2026 Q3 | $54.0 billion | $54.9 billion | $57.0 billion |
Fiscal 2026 Q4 | $65.0 billion | $66.2 billion | $68.1 billion |
Fiscal 2027 Q1 | $78.0 billion | $78.8 billion | Not yet reported |
Data sources: Nvidia filings and CNBC.
The sizes of its beats actually got bigger as last year progressed, from less than $1 billion in fiscal Q1 to nearly $2…
