Nvidia has reported impressive financial results for the third quarter of fiscal 2025, showcasing a remarkable surge in revenue and earnings driven by the booming demand for AI technologies. The company anticipates continued growth as it capitalizes on the increasing adoption of AI across various industries.
Nvidia's financial performance for the third quarter ended October 27, 2024, reflects a robust growth trajectory:
Metric | Q3 FY25 | Q2 FY25 | Q3 FY24 | Q/Q Change | Y/Y Change |
---|---|---|---|---|---|
Revenue | $35.1 billion | $30.0 billion | $18.1 billion | Up 17% | Up 94% |
Gross Margin | 74.6% | 75.1% | 74.0% | Down 0.5 pts | Up 0.6 pts |
Operating Income | $21.9 billion | $18.6 billion | $10.4 billion | Up 17% | Up 110% |
Net Income | $19.3 billion | $16.6 billion | $9.2 billion | Up 16% | Up 109% |
Diluted Earnings Per Share | $0.78 | $0.67 | $0.37 | Up 16% | Up 111% |
Jensen Huang, Nvidia's CEO, emphasized the transformative impact of AI on industries worldwide. He noted that the demand for Nvidia's Hopper architecture and the anticipation surrounding the upcoming Blackwell platform are driving significant growth in AI applications.
"The age of AI is in full steam, propelling a global shift to NVIDIA computing," Huang stated.
Looking ahead, Nvidia's outlook for the fourth quarter of fiscal 2025 includes:
Nvidia's performance across various sectors highlights its leadership in AI and computing:
Nvidia's strong financial results and optimistic outlook for the future underscore its pivotal role in the AI revolution. As industries increasingly adopt AI technologies, Nvidia is well-positioned to lead the charge, driving innovation and growth in the tech sector.
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