Nvidia Reports Record Financial Results Driven by Strong AI Demand
Nvidia has achieved record financial performance, fueled by strong demand for AI technologies,
significantly boosting its revenue and profits.
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Nvidia
Nvidia announced strong quarterly financial results, driven by surging demand for AI-powered products,
with the company expecting continued strong performance in the current quarter.
In a report released after Wednesday’s market close, CEO Jensen Huang stated:
“The demand for Blackwell chips is incredible. AI continues to drive expansion—more computing for training makes models smarter,
and more computing for deep reasoning makes responses more accurate and effective.”
The company also highlighted in its report that the large-scale production of AI-powered Blackwell supercomputers has significantly increased, leading to multi-billion-dollar sales in the first quarter.
Results
Nvidia’s Financial Performance for the Quarter Ending January 26, 2025
- Revenue: Reached $39.33 billion, up 78% from $22.10 billion in Q4 2024, surpassing expectations of $38.05 billion.
- Operating income: Rose 77% to $24.03 billion, compared to $13.61 billion in the same period last year.
- Net profit: Jumped 80% to $22.09 billion, compared to $12.28 billion in 2024.
- Adjusted EPS: Hit $0.89, marking an 82% increase from $0.49 in the previous year’s quarter.
- Data center revenue: Recorded an impressive 93% growth, reaching $35.58 billion.
- Gaming revenue: Declined 11% to $2.54 billion.
Annual Performance for Fiscal Year 2025
Nvidia reported annual revenue of $130.5 billion, an increase of 114% compared to the previous year,
while EPS rose to $2.94, reflecting a 147% growth.
Outlook
Projections for Q1 of Fiscal Year 2026
Nvidia anticipates revenue of approximately $43 billion, with a possible variance of ±2%, exceeding analysts’ expectations of $41.78 billion.
Huang concluded: “AI is advancing at an incredible pace, paving the way for a new revolution across major industries through AI agents and physical applications.”
Nvidia Reports Record Financial Results Driven by Strong AI Demand