{"data":{"id":1683,"lang":"en","title":"Nvidia Q1 FY2026 Revenue Hits $44.1 Billion as Data Center Sales Jump 73% Despite $4.5 Billion H20 China Charge","summary":"Nvidia posted $44.1B in Q1 FY2026 revenue (+69% YoY) with data center up 73%, but absorbed a $4.5B H20 inventory charge after U.S. China export curbs.","category":"business","category_label":"Business","published_at":"2026-05-20T22:01:12Z","updated_at":"2026-05-20T22:01:12Z","url":"https://techtools.cz/tools/news/article/1683-nvidia-q1-fy2026-revenue-hits-44-1-billion-as-data-center-sales-jump-73-despite","api_url":"https://techtools.cz/news-api/v1/articles/1683?lang=en","markdown_url":"https://techtools.cz/news-api/v1/articles/1683.md?lang=en","image_url":"https://iprsoftwaremedia.com/219/files/202502/67bf85d33d633281c6875f53_aabe86db-ce89-4434-b83c-49508297980/aabe86db-ce89-4434-b83c-49508297980_mid.jpg","word_count":155,"reading_time_minutes":1,"sources":[{"url":"https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-first-quarter-fiscal-2026","domain":"nvidianews.nvidia.com"},{"url":"https://www.bloomberg.com/news/live-blog/2026-05-20/nvidia-first-quarter-earnings","domain":"bloomberg.com"}],"translation":{"lang":"cs","id":1756,"title":"Tržby Nvidie v 1. čtvrtletí fiskálního roku 2026 dosáhly 44,1 miliardy dolarů, datacentra rostou o 73 % navzdory odpisu 4,5 miliardy za čínské čipy H20","url":"https://techtools.cz/tools/news/clanek/1756-trzby-nvidie-v-1-ctvrtleti-fiskalniho-roku-2026-dosahly-44-1-miliardy-dolaru","api_url":"https://techtools.cz/news-api/v1/articles/1756?lang=cs"},"content":"Nvidia reported first-quarter fiscal 2026 revenue of $44.1 billion on May 20, up 12% sequentially and 69% year over year. Data center revenue reached $39.1 billion, climbing 73% from a year earlier as hyperscalers continued ramping AI training and inference clusters built on Blackwell.\n\nThe quarter included a $4.5 billion charge tied to excess H20 inventory and purchase obligations after the U.S. government's April 9 export licensing rule cut off China shipments. Nvidia booked $4.6 billion in H20 sales before the restriction and said it was unable to ship a further $2.5 billion. Excluding the charge, non-GAAP gross margin would have been 71.3% instead of the reported 61.0%. GAAP net income still landed at $18.8 billion ($0.76 diluted EPS).\n\nCEO Jensen Huang said \"AI inference token generation has surged tenfold in just one year\" and forecast Q2 revenue of $45.0 billion plus or minus 2%, with roughly $8 billion in additional H20 revenue assumed lost."}}