share_log

NVIDIA | 10-Q: Quarterly report

SEC announcement ·  May 30 04:41
Summary by Futu AI
NVIDIA Corporation, a leader in accelerated computing, has reported significant growth in its financial performance for the first quarter of fiscal year 2025. The company's revenue soared to $26.044 billion, marking a 262% increase year-over-year and an 18% rise from the previous quarter. Operating income experienced a remarkable 690% year-over-year surge, reaching $16.909 billion, while net income climbed by 628% to $14.881 billion. Earnings per diluted share also saw a substantial increase, rising by 629% to $5.98. NVIDIA's gross margin improved to 78.4%, up 13.8 percentage points from the same period last year. The company attributes its financial success to robust demand in its Data Center segment, which grew by 427% year-over-year, driven by the NVIDIA Hopper GPU computing platform. NVIDIA's Compute & Networking segment...Show More
NVIDIA Corporation, a leader in accelerated computing, has reported significant growth in its financial performance for the first quarter of fiscal year 2025. The company's revenue soared to $26.044 billion, marking a 262% increase year-over-year and an 18% rise from the previous quarter. Operating income experienced a remarkable 690% year-over-year surge, reaching $16.909 billion, while net income climbed by 628% to $14.881 billion. Earnings per diluted share also saw a substantial increase, rising by 629% to $5.98. NVIDIA's gross margin improved to 78.4%, up 13.8 percentage points from the same period last year. The company attributes its financial success to robust demand in its Data Center segment, which grew by 427% year-over-year, driven by the NVIDIA Hopper GPU computing platform. NVIDIA's Compute & Networking segment contributed significantly to the revenue, with a 408% increase compared to the previous year. The company's Graphics segment also saw a 23% rise in revenue. NVIDIA's business development has been marked by the introduction of the Blackwell GPU architecture and the ramp-up of customer shipments for the same. The company has also expanded its Data Center product portfolio with new solutions tailored for the Chinese market, in response to U.S. export control restrictions. Looking ahead, NVIDIA plans to continue its rapid product launch cadence to address a diverse set of AI opportunities. However, the company acknowledges the challenges associated with product transitions, supply chain complexities, and geopolitical tensions, including the impact of U.S. export controls on its business in China and other regions. NVIDIA remains vigilant about the geopolitical conflict in and around Israel and its potential effects on operations.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.