Nvidia's revenue in the first fiscal quarter exceeded expectations by $26.044 billion: net profit increased by 628% year on year

Nvidia's revenue in the first fiscal quarter exceeded expectations by $26.044 billion: net profit increased by 628% year on year
06:45, May 23, 2024 Fast technology

On May 23, Fast Technology reported that in the early morning of this morning, Nvidia announced its first fiscal quarter financial report of fiscal year 2025 (Nvidia's fiscal year is not synchronized with the natural year, and the fiscal year 2025 is from January 30, 2024 to January 29, 2025).

According to the report, Nvidia's revenue in the first fiscal quarter was $26.044 billion, Compared with the US $7.192 billion in the same period of the previous year, it increased by 262%, and by 18% compared with the US $22.103 billion in the previous fiscal quarter.

Net profit was US $14.881 billion, a sharp increase of 628% compared with US $2.043 billion in the same period last year, and an increase of 21% compared with US $12.285 billion in the previous fiscal quarter.

Excluding certain one-time items (not in accordance with the U.S. GAAP), Nvidia's adjusted net profit in the first fiscal quarter was $15.238 billion, a significant increase of 462% compared with $2.713 billion in the same period last year, and an increase of 19% compared with $12.839 billion in the previous fiscal quarter.

NVIDIA's adjusted earnings per share and revenue in the first fiscal quarter exceeded Wall Street analysts' expectations, and the company's outlook for revenue in the second fiscal quarter of 2025 also exceeded expectations, which pushed its after hours share price up significantly by more than 6%, breaking the 52 week high.

Specifically, Nvidia's data center business revenue in the first fiscal quarter was $22.6 billion, a new record in the company's history, with a significant increase of 427% compared with the same period last year and 23% compared with the previous fiscal quarter;

The revenue of game and AI PC business was 2.6 billion US dollars, an increase of 18% compared with the same period last year, but a decrease of 8% compared with the last fiscal quarter;

The revenue of professional visualization business was 427 million US dollars, up 45% year on year, but down 8% year on year;

The auto business revenue was 329 million US dollars, up 11% year-on-year and 17% year-on-year.

 [End of this article] If you need to reprint, please be sure to indicate the source: Kuaiji Editor in charge: Jian Jia

[End of this article] If you need to reprint, please be sure to indicate the source: Fast Technology

Editor in charge: Jian Jia

 Sina Technology Official Account
Sina Technology Official Account

"Palm" technology news (WeChat search techsina or scan the QR code on the left to follow)

Record of creation

Scientific exploration

Science Masters

Apple Exchange

Mass testing

special

Official microblog

 Sina Technology  Sina Digital  Sina mobile phone  Scientific exploration  Apple Exchange  Sina public survey

Public account

Sina Technology

Sina Technology Brings You the Fresh Technology Information

Apple Exchange

Apple Exchange brings you the latest Apple product news

Sina public survey

Try new cool products for free at the first time

Sina Exploration

Provide the latest scientist news and wonderful shocking pictures