NVIDIA Announces Financial Results for First Quarter Fiscal 2023

Non-GAAP
($ in millions, except earnings per share) Q1 FY23 Q4 FY22 Q1 FY22 Q/Q Y/Y
Revenue$8,288 $7,643 $5,661 Up 8%Up 46%
Gross margin 67.1%  67.0%  66.2% Up 10 bpsUp 90 bps
Operating expenses$1,608 $1,447 $1,189 Up 11%Up 35%
Operating income$3,955 $3,677 $2,557 Up 8%Up 55%
Net income $3,443   $3,350   $2,313   Up 3% Up 49%
Diluted earnings per share $1.36   $1.32   $0.91   Up 3% Up 49%



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