Nvidia Corporation, founded in 1993, is a globally renowned technology company based in Santa Clara, California. Initially recognized for its groundbreaking graphics processing units (GPUs), Nvidia has expanded its innovation footprint into artificial intelligence (AI), data centers, automotive technology, and high-performance computing. The company’s GPUs have become the gold standard in gaming, professional visualization, and AI training, powering everything from advanced gaming experiences to autonomous vehicles and cutting-edge research. With a commitment to pushing the boundaries of technology, Nvidia continues to lead the industry in developing solutions that address the world’s most complex challenges, solidifying its position as a pioneer in the tech landscape.
Nvidia Fiscal Q3 2025
Nvidia (NVDA) has announced its financial results for Q3 Fiscal 2025, showcasing record quarterly revenue of $35.1 billion, a 17% increase from Q2 and a 94% increase from the previous year. Notably, Data Center revenue reached $30.8 billion, up 17% from the prior quarter and 112% year-over-year. The company reported GAAP earnings per diluted share of $0.78, up 16% from the previous quarter and 111% year-over-year, and non-GAAP earnings per diluted share of $0.81, up 19% from the previous quarter and 103% year-over-year.
CEO Jensen Huang highlighted the transformative impact of AI across industries and nations, driven by NVIDIA’s technologies. The company will pay its next quarterly cash dividend of $0.01 per share on December 27, 2024.
Q3 Fiscal 2025 Financial Summary (GAAP):
- Revenue: $35.1 billion, up 17% from Q2 and 94% year-over-year
- Gross Margin: 74.6%
- Operating Expenses: $4.287 billion, up 9% from Q2 and 44% year-over-year
- Operating Income: $21.869 billion, up 17% from Q2 and 110% year-over-year
- Net Income: $19.309 billion, up 16% from Q2 and 109% year-over-year
- Diluted Earnings Per Share: $0.78, up 16% from Q2 and 111% year-over-year
Highlights:
- Data Center: Record $30.8 billion in revenue, with significant advancements in AI infrastructure and partnerships.
- Gaming and AI PC: Revenue of $3.3 billion, celebrating 25 years of GeForce.
- Professional Visualization: Revenue of $486 million, with major industrial partnerships.
- Automotive and Robotics: Revenue of $449 million, highlighting new AI and simulation tools.
NVIDIA continues to drive innovation across various sectors, reinforcing its leadership in AI and computing technologies.
Outlook for Q4 Fiscal 2025:
- Revenue: Expected to be $37.5 billion, plus or minus 2%
- Gross Margins: GAAP at 73.0%, Non-GAAP at 73.5%
- Operating Expenses: GAAP at $4.8 billion, Non-GAAP at $3.4 billion
- Other Income and Expense: Expected to be approximately $400 million
- Tax Rates: 16.5%, plus or minus 1%
Board Statements
NVIDIA exceeded expectations thanks to strong sales of its high-powered AI chips. CEO Jensen Huang said, “The age of AI is driving a global shift to NVIDIA computing.” Demand for their Hopper and Blackwell GPUs is very high. Huang mentioned that “both Hopper and Blackwell systems have supply constraints, and demand for Blackwell will likely exceed supply for several quarters in fiscal 2026.”
During NVIDIA’s Q3 earnings call, CEO Jensen Huang addressed concerns about potential tariffs under the new administration. He stated that NVIDIA is taking a “one quarter at a time” approach and will fully comply with any new regulations. Following these remarks,
Impact on the Stock Market
Nvidia’s stock has soared by 192% year-to-date, far surpassing its rivals, with AMD down over 5% and Intel down nearly 52%.
However, the company’s future is uncertain due to potential global tariffs threatened by Donald Trump. Additionally, tariffs on Taiwan-made chips, proposed as an alternative to the CHIPS Act, could impact Nvidia since most of its chips are made by TSMC in Taiwan. This could force Nvidia to raise prices or absorb higher costs, affecting margins.
NVIDIA’s stock experienced a 2% drop in volatile after-hours trading and was down over 1% by the end of the call.
