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NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2025

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Relevant to AI governance and safety discussions as NVIDIA GPU sales data provides a concrete measure of global AI compute investment and capability scaling trends, informing compute governance and hardware-level intervention strategies.

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Importance: 35/100press releaseprimary source

Summary

NVIDIA's official press release announcing financial results for Q4 and full fiscal year 2025, highlighting record revenues driven primarily by data center and AI accelerator demand. The results reflect NVIDIA's dominant position in supplying GPU compute infrastructure for AI training and inference workloads.

Key Points

  • Record revenues driven by explosive demand for AI/data center GPUs, particularly the Hopper and Blackwell architectures
  • Data center segment represents the dominant revenue source, reflecting AI industry's massive compute investment
  • Results serve as a proxy indicator for the pace and scale of AI capability development globally
  • NVIDIA's financial growth directly tracks the acceleration of large-scale AI training infrastructure buildout
  • Fiscal 2025 results underscore concentration of AI compute supply chain in a single company

2 FactBase facts citing this source

EntityPropertyValueAs Of
NVIDIARevenue$130.5 billionJan 2025
NVIDIAGross Margin75%Jan 2025

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NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2025 | NVIDIA Newsroom 
 
 

 

 

 
 
 
 
 
 

 
 
 
 
 

 

 
 

 
 
 
 
 

 
 
 
 
 

 
 
 
 
 
 

 
 
 

 
 

 
 
 
 

 
 
 
 

 
 
 
 
 

 
 
 
 
 

 
 
 

 
 

 
 
 
 
 

 
 

 

 
 

 
 
 
 
 

 
 
 
 

 
 
 
 

 

 
 
 
 
 
 
 
 

 NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2025

 
 
 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%

 
 
 
 
 February 26, 2025
 
 
 
 
 
 
 
 
 
 
 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% 


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