## Nvidia Q1 FY2026 Earnings vs. Analyst Estimates
**Revenue:**
Nvidia’s revenue for the first quarter of fiscal 2026 reached $44.06 billion, a record high for the company and **above the consensus analyst estimate** of approximately $43.28–$43.32 billion[3][5][2]. This outperformance was driven primarily by robust demand in the data center segment, which grew 73% year-over-year to reach $39.1 billion[5].
**Earnings (EPS):**
Despite the revenue beat, Nvidia’s adjusted earnings per share (EPS) came in at $0.81, **below analyst expectations** of $0.86 per share[3][5]. The shortfall was attributed mainly to a $4.5 billion charge related to new export restrictions on its chips to China, which squeezed profits even as sales surged[5].
**Summary Table**
| Metric | Actual (Q1 FY2026) | Analyst Estimate | Beat/Miss |
|————|——————–|——————|————-|
| Revenue | $44.06B | ~$43.28B | Beat |
| EPS | $0.81 | $0.86 | Miss |
## Additional Context
– The strong revenue performance was offset by China-related export restrictions, specifically affecting sales of advanced chips like the H20, resulting in the notable EPS miss[5].
– Analysts and market commentators noted that while revenues were impressive, the company’s profitability faced continued pressure from geopolitical factors and supply chain adjustments[2][5].
– Looking ahead, guidance for Q2 FY2026 suggests potential headwinds, as Nvidia projected revenue of $45 billion (+/-2%), slightly lower than some consensus estimates[1][2].
## Conclusion
Nvidia’s Q1 FY2026 revenue **exceeded analyst estimates**, but its earnings per share **fell short** of expectations due primarily to export restrictions impacting profit margins[3][5].