Nvidia Earnings May 20 2026: $78.3B Revenue, $1.74 EPS — and Why the Stock May Fall Anyway

# Nvidia Earnings May 20 2026: $78.3B Revenue, $1.74 EPS — and Why the Stock May Fall Anyway

> **Quick answer:** Nvidia reports Q1 FY2027 earnings on Wednesday, May 20, 2026, after market close. Wall Street published consensus is $78.3B in revenue and $1.74 EPS — both representing massive year-over-year growth. Prediction markets assign a 97% probability of a beat. The problem: Nvidia's stock has fallen on earnings day in three of the last four quarters, all of them beats, because the buy-side whisper number is materially higher than public consensus. The real test is Q2 FY2027 guidance, where the buyside already expects $86-87B.

Nvidia earnings May 20 2026 has become one of the most anticipated single-day events in financial markets. The numbers look bulletproof on paper — $78.3B in revenue, $1.74 EPS, 44% revenue growth year-over-year, 115% EPS growth. Nearly every analyst on Wall Street has a Buy rating. Polymarket traders are pricing in a 97% chance of a beat. And yet, history suggests investors who are expecting the stock to surge on the news may be making the same mistake they made in February, November, and August 2025.

This article is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor for personal financial decisions.

## What Wall Street Expects From Nvidia on May 20

The published consensus numbers for Nvidia's Q1 FY2027 earnings are as follows: