Revenue: $35.08 billion (+94% YoY), beating analyst expectations of $33.29 billion.
Earnings Per Share (EPS): $0.81 adjusted, surpassing the $0.75 estimate.
Net Income: $19.31 billion, more than double the year-ago period and ahead of projections of $17.47 billion.
Segment Highlights
Data Center: Revenue surged by 112%, driven by AI and generative AI workloads.
Gaming: Grew 15%, supported by stable demand for GPUs.
Professional Visualization: Rose 17%.
Automotive: Achieved a notable 72% increase in revenue.
Strategic Updates
AI Momentum & Blackwell Chips:
CEO Jensen Huang confirmed Nvidia's leadership in generative AI, stating:
"The age of AI is in full steam, propelling a global shift to Nvidia computing."
Nvidia also plans to ramp up shipments of its next-generation Blackwell systems in Q4 FY2025. However, CFO Colette Kress acknowledged ongoing supply constraints and highlighted “staggering demand” for these systems, which are expected to remain supply-constrained into FY2026.
Buybacks & Financial Strength:
Nvidia repurchased $11 billion in stock during the quarter as part of its shareholder return strategy.
Cash and equivalents rose to $38.5 billion, up from $34.8 billion in the prior quarter.
Revenue Guidance:
Nvidia expects Q4 FY2025 revenue of $37.5 billion (+/- 2%), slightly ahead of Wall Street’s expectation of $36.9 billion. Gross margins are projected between 73% and 73.5%, signaling sustained profitability.
Market Reaction
Despite exceeding expectations, Nvidia’s shares dipped 2% in extended trading. Earlier in the week, concerns about Blackwell supply constraints weighed on the stock, which has nearly tripled in 2024, demonstrating strong investor confidence in its AI dominance.
Earnings Per Share (EPS): $0.81 adjusted, surpassing the $0.75 estimate.
Net Income: $19.31 billion, more than double the year-ago period and ahead of projections of $17.47 billion.
Segment Highlights
Data Center: Revenue surged by 112%, driven by AI and generative AI workloads.
Gaming: Grew 15%, supported by stable demand for GPUs.
Professional Visualization: Rose 17%.
Automotive: Achieved a notable 72% increase in revenue.
Strategic Updates
AI Momentum & Blackwell Chips:
CEO Jensen Huang confirmed Nvidia's leadership in generative AI, stating:
"The age of AI is in full steam, propelling a global shift to Nvidia computing."
Nvidia also plans to ramp up shipments of its next-generation Blackwell systems in Q4 FY2025. However, CFO Colette Kress acknowledged ongoing supply constraints and highlighted “staggering demand” for these systems, which are expected to remain supply-constrained into FY2026.
Buybacks & Financial Strength:
Nvidia repurchased $11 billion in stock during the quarter as part of its shareholder return strategy.
Cash and equivalents rose to $38.5 billion, up from $34.8 billion in the prior quarter.
Revenue Guidance:
Nvidia expects Q4 FY2025 revenue of $37.5 billion (+/- 2%), slightly ahead of Wall Street’s expectation of $36.9 billion. Gross margins are projected between 73% and 73.5%, signaling sustained profitability.
Market Reaction
Despite exceeding expectations, Nvidia’s shares dipped 2% in extended trading. Earlier in the week, concerns about Blackwell supply constraints weighed on the stock, which has nearly tripled in 2024, demonstrating strong investor confidence in its AI dominance.
