NVIDIA Announces Financial Results for First Quarter Fiscal 2021


Non-GAAP
($ in millions, except earnings per share) Q1 FY21 Q4 FY20 Q1 FY20 Q/Q Y/Y
Revenue$3,080 $3,105 $2,220 Down 1%Up 39%
Gross margin 65.8%  65.4%  59.0% Up 40 bpsUp 680 bps
Operating expenses$821 $810 $753 Up 1%Up 9%
Operating income$1,205 $1,220 $557 Down 1%Up 116%
Net income$1,120 $1,172 $543 Down 4%Up 106%
Diluted earnings per share$1.80 $1.89 $0.88  Down 5% Up 105%
                       

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