NVIDIA Q1 FY2027 Earnings May 20 — $78.5B Revenue Expected, Vera Rubin Pilot Production Starts June

S&P Global·high signal

NVIDIA reports fiscal Q1 2027 on May 20 after market close with consensus revenue at $78.5B (guidance $78B ± 2%). Key watches: Blackwell production scale and yields, Vera Rubin pilot production starting June with first hyperscaler delivery in July, and whether mid-70s gross margins hold during the architecture transition. CEO Jensen Huang projects $1T cumulative Blackwell + Vera Rubin revenue across 2026-2027.