In the vast majority of cases, a high head circumference percentile means one thing: your baby inherited a big head from their parents. This is called familial macrocephaly, and it's the most common explanation for head circumference at the 90th, 95th, or even 97th+ percentile.
Here's a simple test: look at your own head. Look at your partner's head. If either of you has trouble finding hats that fit, your baby's big head percentile is almost certainly genetic. Pediatricians sometimes confirm this by literally measuring a parent's head during the visit.
Familial macrocephaly is not a medical condition. It's a normal anatomical variant — like having big feet or long fingers. The head is big because the family makes big heads. The brain inside is developing normally. The baby is fine.
It's also worth noting that head circumference, body weight, and length don't have to be at the same percentile. A baby with a head at the 95th percentile and weight at the 40th percentile is just a baby with a proportionally larger head — which is extremely common and usually meaningless.