Nvidia posts another record quarter, reveals $43B of holdings in startups Russell Brandom 3:03 PM PDT · May 20, 2026 Nvidia announced another record revenue figure after market close on Wednesday, reporting financial results for the quarter ending April 26. Over those three months, the company brought in $81.6 billion in revenue (up 20% from the previous quarter) and a record $75.2 billion in data center revenue. On the strength of that revenue, the company is authorizing $80 billion in share repurchases.
“Our Blackwell architecture is everywhere, adopted and deployed by every major hyperscaler, every cloud provider, and every major model maker,” said Nvidia CFO Colette Kress.
Notably, Nvidia did project a slowdown in revenue growth, forecasting $91 billion in revenue for the next quarter, which will be 12% growth.
Chinese exports did not make any significant impact on the company’s earnings. While H200s have been approved for U.S. export, “we have yet to generate any revenue, and we are uncertain whether any imports will be allowed into [China],” Kress said.
One surprise was the sheer volume of Nvidia’s stakes in privately held companies (listed in the filing as “non-marketable equity securities”), which nearly doubled between January and April. The company began the quarter with $22 billion in privately held stakes, but ended with $43 billion, driven primarily by $18.5 billion in purchases over the course of the quarter. The previous quarter had seen only $649 million of equivalent purchases.
Notably, that figure does not include Nvidia’s recent investment in publicly traded companies like Corning and IREN, nor does it reflect future commitments that have not yet closed. Nvidia committed to investing $30 billion in OpenAI in February, although the precise structure of the deal was not disclosed.
On a call discussing the results, Jensen Huang emphasized the broad scope of Nvidia’s impact, including a pending buildout with Anthropic. “The amount of capacity we’re going to bring online for Anthropic this year and next year is going to be quite significant,” Huang told investors on a call. “Our coverage for Anthropic had been largely zero until this.”
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