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NVIDIA | 8-K: NVIDIA Announces Financial Results for Third Quarter Fiscal 2025

SEC ·  Nov 21, 2024 05:22

Summary by Moomoo AI

NVIDIA achieved record quarterly revenue of $35.1 billion in Q3 fiscal 2025, up 17% QoQ and 94% YoY, driven by strong AI computing demand. Data Center revenue reached $30.8 billion, surging 112% YoY. GAAP earnings per share rose to $0.78, up 111% YoY, while non-GAAP EPS reached $0.81, up 103% YoY.The company expanded its AI infrastructure partnerships globally, with major cloud providers adopting NVIDIA Hopper H200 instances. Notable developments include Denmark's largest AI supercomputer deployment, partnerships with SoftBank and Foxconn for AI supercomputing, and collaboration with xAI on the Colossus supercomputer cluster.Looking ahead, NVIDIA expects Q4 revenue of $37.5 billion (±2%) with a GAAP gross margin of 73.0%. The company will pay a quarterly dividend of $0.01 per share on December 27, 2024. CEO Jensen Huang emphasized that AI is transforming industries worldwide, with strong demand for Hopper and anticipation for the upcoming Blackwell platform.
NVIDIA achieved record quarterly revenue of $35.1 billion in Q3 fiscal 2025, up 17% QoQ and 94% YoY, driven by strong AI computing demand. Data Center revenue reached $30.8 billion, surging 112% YoY. GAAP earnings per share rose to $0.78, up 111% YoY, while non-GAAP EPS reached $0.81, up 103% YoY.The company expanded its AI infrastructure partnerships globally, with major cloud providers adopting NVIDIA Hopper H200 instances. Notable developments include Denmark's largest AI supercomputer deployment, partnerships with SoftBank and Foxconn for AI supercomputing, and collaboration with xAI on the Colossus supercomputer cluster.Looking ahead, NVIDIA expects Q4 revenue of $37.5 billion (±2%) with a GAAP gross margin of 73.0%. The company will pay a quarterly dividend of $0.01 per share on December 27, 2024. CEO Jensen Huang emphasized that AI is transforming industries worldwide, with strong demand for Hopper and anticipation for the upcoming Blackwell platform.
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