Nvidia Corporation (NASDAQ:NVDA) reported highly anticipated first-quarter financial results on Wednesday after market close.

With expectations high for the company heading into the print, here are the key highlights and a look at what’s next.

Nvidia Q1 Earnings

Nvidia reported first-quarter revenue of $81.615 billion, up 85% year-over-year. The revenue figure beat a Street consensus estimate of $78.796 billion, according to data from Benzinga Pro.

The company reported earnings per share of $1.87, beating a Street consensus estimate of $1.76.

Revenue was split into two new reporting segments:

Data Center: $75.2 billion, +92% year-over-year

Edge Computing: $6.4 billion, +29% year-over-year

Under the previous reporting business segments, Data Center compute revenue was a record $60.4 billion, up 77% year-over-year. Data Center networking revenue hit $14.8 billion in the quarter, up 199% year-over-year.

"The buildout of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed," Nvidia CEO Jensen Huang said. "Agentic ...