Nvidia Posts Record $81.6B Revenue, Stock Drops 10% in Two Weeks
Nvidia reported record Q1 2026 revenue of $81.6 billion (+85% YoY), an $80 billion buyback expansion, and a dividend hike from $0.01 to $0.25. Despite this, the stock dropped nearly 10% in two weeks, puzzling investors.
Key Numbers
Nvidia Corp (NASDAQ:NVDA) reported record first-quarter revenue of $81.6 billion, up 85% year-over-year, along with an $80 billion share buyback expansion and a dividend increase from $0.01 to $0.25 per share. Despite these stellar results, the stock has fallen nearly 10% over the past two weeks, trading well below its mid-May highs near $236.
Key Financial Results
| Metric | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $81.6B | $44.1B | +85% |
| EPS | Not disclosed | Not disclosed | - |
| Net Income | Not disclosed | Not disclosed | - |
Note: EPS and net income figures were not provided in the original source.
Highlights from the Report
- $80 billion increase in share buyback authorization.
- Dividend raised from $0.01 to $0.25 per share.
- Revenue beat expectations significantly, yet the stock barely reacted.
Guidance
No official guidance was mentioned in the source.
Impact on Stock
NVDA is up only about 13% year-to-date, far below its mid-May highs. Gavin Baker of Atreides Management, speaking on the All-In podcast, attributed the lackluster stock performance to the market already pricing in high expectations, leaving little room for upside surprise.
What This Means for Investors
While Nvidia's fundamentals remain strong, the stock's decline suggests that lofty expectations may limit near-term gains. Investors should watch for sustained growth amid rising competition and potential market saturation.
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