- Record quarterly revenue of $39.3 billion, up 12% from Q3 and up 78% from a year ago
- Record quarterly Data Center revenue of $35.6 billion, up 16% from Q3 and up 93% from a year ago
- Record full-year revenue of $130.5 billion, up 114%
SANTA CLARA, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) 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.
“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 $0.01 per share on April 2, 2025, to all shareholders of record on March 12, 2025.
Q4 Fiscal 2025 Summary
| GAAP | |||||
| ($ in millions, except earnings
per share) |
Q4 FY25 | Q3 FY25 | Q4 FY24 | Q/Q | Y/Y |
| Revenue | $39,331 | $35,082 | $22,103 | Up 12% | Up 78% |
| Gross margin | 73.0% | 74.6% | 76.0% | Down 1.6 pts | Down 3.0 pts |
| Operating expenses | $4,689 | $4,287 | $3,176 | Up 9% | Up 48% |
| Operating income | $24,034 | $21,869 | $13,615 | Up 10% | Up 77% |
| Net income | $22,091 | $19,309 | $12,285 | Up 14% | Up 80% |
| Diluted earnings per share* | $0.89 | $0.78 | $0.49 | Up 14% | Up 82% |
| Non-GAAP | |||||
| ($ in millions, except earnings
per share) |
Q4 FY25 | Q3 FY25 | Q4 FY24 | Q/Q | Y/Y |
| Revenue | $39,331 | $35,082 | $22,103 | Up 12% | Up 78% |
| Gross margin | 73.5% | 75.0% | 76.7% | Down 1.5 pts | Down 3.2 pts |
| Operating expenses | $3,378 | $3,046 | $2,210 | Up 11% | Up 53% |
| Operating income | $25,516 | $23,276 | $14,749 | Up 10% | Up 73% |
| Net income | $22,066 | $20,010 | $12,839 | Up 10% | Up 72% |
| Diluted earnings per share* | $0.89 | $0.81 | $0.52 | Up 10% | Up 71% |
Fiscal 2025 Summary
| GAAP | |||
| ($ in millions, except earnings
per share) |
FY25 | FY24 | Y/Y |
| Revenue | $130,497 | $60,922 | Up 114% |
| Gross margin | 75.0% | 72.7% | Up 2.3 pts |
| Operating expenses | $16,405 | $11,329 | Up 45% |
| Operating income | $81,453 | $32,972 | Up 147% |
| Net income | $72,880 | $29,760 | Up 145% |
| Diluted earnings per share* | $2.94 | $1.19 | Up 147% |
