NVIDIA (NASDAQ: NVDA) announced its financial results for the second quarter of fiscal year 2026, ending July 27,

 2025, on August 27, 2025. Revenue for the quarter reached $46.7 billion, a 6% increase sequentially and a 56% 

increase year-over-year. Blackwell data center revenue increased 17% sequentially.

No H20 products were sold to customers in China during the quarter. NVIDIA released a previously reserved $180

 million H20 inventory reserve due to sales of approximately $650 million of unrestricted H20 products to customers

 outside of China.

GAAP and non-GAAP gross margins for the quarter were 72.4% and 72.7%, respectively. Excluding the $180 million

 release, non-GAAP gross margin would have been 72.3%. GAAP diluted earnings per share were $1.08, and non-GAAP

 earnings per share were $1.05. Excluding the $180 million release and the related tax impact, non-GAAP diluted earnings 

per share were $1.04.

“Blackwell is the AI platform the world has been waiting for, delivering an extraordinary generational leap – Blackwell 

Ultra is ramping up production at full speed and demand is exceptionally strong,” said Jensen Huang, founder and CEO 

of NVIDIA. “NVIDIA NVLink rack-scale computing is revolutionary and couldn’t be more timely as inferencing AI models

 drives orders of magnitude improvements in training and inference performance. The AI race is on, and Blackwell is its

 core platform.”