Colette Kress on quarterly earnings
From NVIDIA Corp ($NVDA) Q1 2027 Earnings Call · · Castify Earnings Call
“We delivered an exceptional quarter with revenue, operating income, and free cash flow exceeding our prior records. Total revenue of 82 billion was up 85% year-over-year and 20% sequentially. This marked our third consecutive quarter of year-over-year acceleration and the 14th straight quarter of sequential growth.”
On , Colette Kress, Executive VP & CFO at NVIDIA, spoke about quarterly earnings during NVIDIA Corp ($NVDA) Q1 2027 Earnings Call on Castify Earnings Call.
About Colette Kress
Colette Kress, executive vice president and chief financial officer of Nvidia, participated in the company's first-quarter fiscal 2027 earnings call on May 20, 2026, and in a subsequent interview with Yahoo Finance. Kress reported that Nvidia delivered what she described as "an exceptional quarter," with total revenue of $82 billion, up 85% year-over-year and 20% sequentially. She stated that the company was increasing its quarterly dividend from 1 cent to 20 cents per share and announcing an $80 billion share repurchase authorization. Kress also provided an outlook for the second quarter, forecasting total revenue of $91 billion, plus or minus 2%, driven primarily by data center growth. During the earnings call and interview, Kress discussed Nvidia's CPU business, saying the company had "visibility to nearly $20 billion in total CPU revenue this year" and that the Vera CPU opened a "brand new $200 billion TAM" for Nvidia. She noted that customers were looking at both standalone CPUs and those integrated with the Grace Blackwell and Vera Rubin platforms. Regarding China, Kress stated that while the U.S. government had approved licenses for H200 shipments to China-based customers, Nvidia had "yet to generate any revenue" and was not including any China data center compute revenue in its outlook.