NVIDIA has announced extraordinary financial results for the fourth quarter and fiscal year 2025, solidifying its position as the undisputed leader in the artificial intelligence and graphics accelerator market. The company led by Jensen Huang has presented figures that far exceed both the previous quarter and the same period last year.
Highlighted Financial Results
Fourth Quarter Fiscal 2025
| Metrics (in millions, except per share) | Q4 FY25 | Q3 FY25 | Q4 FY24 | Quarterly Change | Yearly Change |
|---|---|---|---|---|---|
| Revenue | $39,331 | $35,082 | $22,103 | +12% | +78% |
| Gross Margin | 73.0% | 74.6% | 76.0% | -1.6 pts | -3.0 pts |
| Operating Income | $24,034 | $21,869 | $13,615 | +10% | +77% |
| Net Income | $22,091 | $19,309 | $12,285 | +14% | +80% |
| Diluted Earnings per Share | $0.89 | $0.78 | $0.49 | +14% | +82% |
Complete Fiscal Year 2025
| Metrics (in millions, except per share) | FY25 | FY24 | Yearly Change |
|---|---|---|---|
| Revenue | $130,497 | $60,922 | +114% |
| Gross Margin | 75.0% | 72.7% | +2.3 pts |
| Operating Income | $81,453 | $32,972 | +147% |
| Net Income | $72,880 | $29,760 | +145% |
| Diluted Earnings per Share | $2.94 | $1.19 | +147% |
Segment Business Analysis
Data Center
The Data Center segment remains NVIDIA’s primary growth driver:
- Fourth quarter revenue: $35.6 billion (+16% quarterly, +93% annually)
- Full fiscal year revenue: $115.2 billion (+142% annually)
Jensen Huang, founder and CEO of NVIDIA, emphasized: “The demand for Blackwell is astounding, as reasoning AI adds another scaling law—boosting compute power for training makes models smarter, and boosting compute power for prolonged thinking makes responses smarter.”
Gaming and PCs with AI
Despite the dominance of the Data Center segment, the Gaming business showed some signs of slowing down:
- Fourth quarter revenue: $2.5 billion (-22% quarterly, -11% annually)
- Full fiscal year revenue: $11.4 billion (+9% annually)
During the quarter, NVIDIA unveiled the new GeForce RTX 50 Series graphics cards and laptops powered by the NVIDIA Blackwell architecture, which offer significant advancements in AI-driven rendering.
Professional Visualization
- Fourth quarter revenue: $511 million (+5% quarterly, +10% annually)
- Full fiscal year revenue: $1.9 billion (+21% annually)
Automotive and Robotics
- Fourth quarter revenue: $570 million (+27% quarterly, +103% annually)
- Full fiscal year revenue: $1.7 billion (+55% annually)
Outlook for First Quarter Fiscal 2026
NVIDIA expects continued growth in the upcoming quarter:
- Expected revenue: $43 billion (±2%)
- GAAP and non-GAAP gross margin: 70.6% and 71.0%, respectively (±50 basis points)
- GAAP and non-GAAP operating expenses: approximately $5.2 billion and $3.6 billion, respectively
Strategic Alliances and Technological Advances
During the quarter, NVIDIA announced several strategic partnerships:
- Participation as a key technology partner in the $500 billion Stargate Project
- Collaboration with cloud service providers such as AWS, CoreWeave, Google Cloud, Microsoft Azure, and Oracle to deploy NVIDIA GB200 systems in cloud regions worldwide
- Partnership with Toyota, the world’s largest automotive manufacturer, to build its next-generation vehicles with NVIDIA DRIVE AGX Orin
- Collaboration with the Hyundai Motor Group to create safer and smarter vehicles
Final Comment
NVIDIA’s successful transition to large-scale production of Blackwell AI supercomputers has generated billions of dollars in sales in its first quarter. With ongoing advancements in agent AI and physical AI, NVIDIA is laying the groundwork for the next wave of artificial intelligence that will revolutionize the world’s 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.