Wednesday, February 26th 2025
NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2025
NVIDIA today reported revenue for the fourth quarter ended January 26, 2025, of $39.3 billion, up 12% from the previous quarter and up 78% from a year ago.
For the quarter, GAAP earnings per diluted share was $0.89, up 14% from the previous quarter and up 82% from a year ago. Non-GAAP earnings per diluted share was $0.89, up 10% from the previous quarter and up 71% from a year ago.
For fiscal 2025, revenue was $130.5 billion, up 114% from a year ago. GAAP earnings per diluted share was $2.94, up 147% from a year ago. Non-GAAP earnings per diluted share was $2.99, up 130% from a year ago.
NVIDIA will pay its next quarterly cash dividend of $0.01 per share on April 2, 2025, to all shareholders of record on March 12, 2025.
Outlook
NVIDIA's outlook for the first quarter of fiscal 2026 is as follows:
NVIDIA achieved progress since its previous earnings announcement in these areas:
Data Center
Source:
NVIDIA
For the quarter, GAAP earnings per diluted share was $0.89, up 14% from the previous quarter and up 82% from a year ago. Non-GAAP earnings per diluted share was $0.89, up 10% from the previous quarter and up 71% from a year ago.
"Demand for Blackwell is amazing as reasoning AI adds another scaling law—increasing compute for training makes models smarter and increasing compute for long thinking makes the answer smarter," said Jensen Huang, founder and CEO of NVIDIA."We've successfully ramped up the massive-scale production of Blackwell AI supercomputers, achieving billions of dollars in sales in its first quarter. AI is advancing at light speed as agentic AI and physical AI set the stage for the next wave of AI to revolutionize the largest industries."
NVIDIA will pay its next quarterly cash dividend of $0.01 per share on April 2, 2025, to all shareholders of record on March 12, 2025.
Outlook
NVIDIA's outlook for the first quarter of fiscal 2026 is as follows:
- Revenue is expected to be $43.0 billion, plus or minus 2%.
- GAAP and non-GAAP gross margins are expected to be 70.6% and 71.0%, respectively, plus or minus 50 basis points.
- GAAP and non-GAAP operating expenses are expected to be approximately $5.2 billion and $3.6 billion, respectively.
- GAAP and non-GAAP other income and expense are expected to be an income of approximately $400 million, excluding gains and losses from non-marketable and publicly-held equity securities.
- GAAP and non-GAAP tax rates are expected to be 17.0%, plus or minus 1%, excluding any discrete items.
NVIDIA achieved progress since its previous earnings announcement in these areas:
Data Center
- Fourth-quarter revenue was a record $35.6 billion, up 16% from the previous quarter and up 93% from a year ago. Full-year revenue rose 142% to a record $115.2 billion.
- Announced that NVIDIA will serve as a key technology partner for the $500 billion Stargate Project.
- Revealed that cloud service providers AWS, CoreWeave, Google Cloud Platform (GCP), Microsoft Azure and Oracle Cloud Infrastructure (OCI) are bringing NVIDIA GB200 systems to cloud regions around the world to meet surging customer demand for AI.
- Partnered with AWS to make the NVIDIA DGX Cloud AI computing platform and NVIDIA NIM microservices available through AWS Marketplace.
- Revealed that Cisco will integrate NVIDIA Spectrum-X into its networking portfolio to help enterprises build AI infrastructure.
- Revealed that more than 75% of the systems on the TOP500 list of the world's most powerful supercomputers are powered by NVIDIA technologies.
- Announced a collaboration with Verizon to integrate NVIDIA AI Enterprise, NIM and accelerated computing with Verizon's private 5G network to power a range of edge enterprise AI applications and services.
- Unveiled partnerships with industry leaders including IQVIA, Illumina, Mayo Clinic and Arc Institute to advance genomics, drug discovery and healthcare.
- Launched NVIDIA AI Blueprints and Llama Nemotron model families for building AI agents and released NVIDIA NIM microservices to safeguard applications for agentic AI.
- Announced the opening of NVIDIA's first R&D center in Vietnam.
- Revealed that Siemens Healthineers has adopted MONAI Deploy for medical imaging AI.
- Fourth-quarter Gaming revenue was $2.5 billion, down 22% from the previous quarter and down 11% from a year ago. Full-year revenue rose 9% to $11.4 billion.
- Announced new GeForce RTX 50 Series graphics cards and laptops powered by the NVIDIA Blackwell architecture, delivering breakthroughs in AI-driven rendering to gamers, creators and developers.
- Launched GeForce RTX 5090 and 5080 graphics cards, delivering up to a 2x performance improvement over the prior generation.
- Introduced NVIDIA DLSS 4 with Multi Frame Generation and image quality enhancements, with 75 games and apps supporting it at launch, and unveiled NVIDIA Reflex 2 technology, which can reduce PC latency by up to 75%.
- Unveiled NVIDIA NIM microservices, AI Blueprints and the Llama Nemotron family of open models for RTX AI PCs to help developers and enthusiasts build AI agents and creative workflows.
- Fourth-quarter revenue was $511 million, up 5% from the previous quarter and up 10% from a year ago. Full-year revenue rose 21% to $1.9 billion.
- Unveiled NVIDIA Project DIGITS, a personal AI supercomputer that provides AI researchers, data scientists and students worldwide with access to the power of the NVIDIA Grace Blackwell platform.
- Announced generative AI models and blueprints that expand NVIDIA Omniverse integration further into physical AI applications, including robotics, autonomous vehicles and vision AI.
- Introduced NVIDIA Media2, an AI-powered initiative transforming content creation, streaming and live media experiences, built on NIM and AI Blueprints.
- Fourth-quarter Automotive revenue was $570 million, up 27% from the previous quarter and up 103% from a year ago. Full-year revenue rose 55% to $1.7 billion.
- Announced that Toyota, the world's largest automaker, will build its next-generation vehicles on NVIDIA DRIVE AGX Orin running the safety-certified NVIDIA DriveOS operating system.
- Partnered with Hyundai Motor Group to create safer, smarter vehicles, supercharge manufacturing and deploy cutting-edge robotics with NVIDIA AI and NVIDIA Omniverse.
- Announced that the NVIDIA DriveOS safe autonomous driving operating system received ASIL-D functional safety certification and launched the NVIDIA DRIVE AI Systems Inspection Lab.
- Launched NVIDIA Cosmos, a platform comprising state-of-the-art generative world foundation models, to accelerate physical AI development, with adoption by leading robotics and automotive companies 1X, Agile Robots, Waabi, Uber and others.
- Unveiled the NVIDIA Jetson Orin Nano Super, which delivers up to a 1.7x gain in generative AI performance.
56 Comments on NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2025
Fun fact, Quark and Jensen are actually cousins.
Amd/intel has 0 vision for gpus they just copying nvidia, you need to think long term
You can't blame them because they have builded a very rentable company
Four and a half years ago I bought an RTX 3080 just before cryptomadness drove the prices to stratosphere. In Europe it seems in 2025 you won't be able to purchase a card for similar price that's faster - RTX 5070 Ti, a $750 card is more than 1200 EUR here, which also places a coming RTX 5070 at nearly a thousand euros.
Should I rejoice on how long my purchase will remain a competitive one, looking down at buyers that are now calculating on which choice sucks less?
Stockholm syndrome at his finest.
And for those "finance experts" who pretend 5-10% of sales to be "irrelevant", get a hand calculator and make the proportion of how much Nvidia 3 billion market capitalization will lose without that 5-10%.
Since self driving cars mostly electric, like Tesla-s
My bad
Biden established restrictions on Nvidia's chips export to China in 2022. Before 2022, Nvidia had no revenue in Singapore. Then in 2022, revenue magically emerges out of nowhere and keeps surging, in Q2'24 beats even Nvidia's revenue in China. So much for restrictions. Imagine how many RTX 4090 (non-D) as well as restricted neural accelerators got smuggled through Singapore ... To train DeepSeek.
Tell me why you should upgrade to the newer 5070Ti, when you think all the new features are gimmick anyways?
I'm far from even thinking about upgrading. I'm not paying 1650 EUR for RTX 5080, and anything less wouldn't be a noticeable step up.
Oh well I can go back to my gaming sessions now, gaming ain't that bad with rtx4000 series :roll:
If by any chance they release their new cards with good pricing and good performance, the scarcity and market laws will put them in their place.
It's like how there'd probably be no Mx series chips from Apple if Intel hadn't denied them in the early days of smartphone!
At this moment I do believe AMD is probably allocating more capacity for the gaming market than Nvidia, or at least they should, because $700 million less revenue for Nvidia is quite a large amount of market for AMD to capture.
EPYC is also relatively less expensive than what Nvidia's gouging with their own racks, combining their own ARM server chips with Blackwell or Ada.
The idea that both companies will simply exit such a massive market completely is just plain wrong. If they did, that gap would very quickly be filled by another company.
- Fourth-quarter revenue was a record $35.6 billion
Gaming and AI PC- Fourth-quarter Gaming revenue was $2.5 billion
Gaming "and AI PC" business is 14 times smaller than NV's datacenter business."Talking about priorities". :D
The problem is, who is going to compete and make all those cards, when all the capacities are full of stuff that has bigger priorities? Wanna make it on some other, freer, cheaper node? Then you're competing with old cards. If AI orders make a downturn, Nvidia will gladly sell to gamers again, beating that newcomers. So it's not a gap that's easy to exploit.
And I wouldn't just add all those "Gaming" revenues - don't forget it's "Gaming and AI PC" now, we can only guess how much money gamers are spending now, and how much of it is corporate orders for AI acceleration, or just pure inside revenue shifting. We have seen Nvidia do that with crypto money.
www.techpowerup.com/316066/special-chinese-factories-are-dismantling-nvidia-geforce-rtx-4090-graphics-cards-and-turning-them-into-ai-friendly-gpu-shape