| NVIDIA CORPORATION | ||||||
| RECONCILIATION OF GAAP TO NON-GAAP OUTLOOK | ||||||
|
Q4 FY2025
Outlook | ||||||
| ($ in millions) | ||||||
| GAAP gross margin | 73.0 | % | ||||
| Impact of stock-based compensation expense, acquisition-related costs, and other costs | 0.5 | % | ||||
| Non-GAAP gross margin | 73.5 | % | ||||
| GAAP operating expenses | $ | 4,750 | ||||
| Stock-based compensation expense, acquisition-related costs, and other costs | (1,350 | ) | ||||
| Non-GAAP operating expenses | $ | 3,400 | ||||
About NVIDIA
NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.
| For further information, contact: | |
| Stewart Stecker
Investor Relations NVIDIA Corporation Email Contact | Mylene Mangalindan
Corporate Communications NVIDIA Corporation Email Contact |
Certain statements in this press release including, but not limited to, statements as to: the age of AI in full steam, propelling a global shift to NVIDIA computing; demand for Hopper and anticipation for Blackwell — in full production — being incredible as foundation model makers scale pretraining, post-training and inference; AI transforming every industry, company and country; enterprises adopting agentic AI to revolutionize workflows; industrial robotics investments surging with breakthroughs in physical AI; countries awakening to the importance of developing their national AI and infrastructure; NVIDIA’s next quarterly cash dividend; and NVIDIA’s financial outlook and expected tax rates for the fourth quarter of fiscal 2025 are risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; and unexpected loss of performance of our products or technologies when integrated into systems, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.
© 2024 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, GeForce, NVIDIA DGX SuperPOD, NVIDIA Isaac, NVIDIA Omniverse and NVIDIA Spectrum-X are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and/or other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/24a5522e-6258-4e72-9c8a-a57178db4b41
NVIDIA corporate headquarters
