NVIDIA Reports Q1 Revenue of $44.1 Billion, Up 69% YoY; Non-GAAP EPS at $0.81

Reuters
29 May
NVIDIA Reports Q1 Revenue of $44.1 Billion, Up 69% YoY; Non-GAAP EPS at $0.81

NVIDIA Corporation reported significant financial results for the three months ended April 27, 2025. The company achieved a revenue of $44.062 billion, marking a substantial increase from the $26.044 billion reported in the same period of the previous year. The gross profit for this period was $26.668 billion, compared to $20.406 billion in the prior year. For the first quarter, GAAP and non-GAAP earnings per diluted share were $0.76 and $0.81, respectively. Excluding a $4.5 billion charge and related tax impact, the non-GAAP diluted earnings per share would have been $0.96. In the Data Center segment, NVIDIA experienced a notable rise in first-quarter revenue to $39.1 billion, representing a 10% increase from the previous quarter and a 73% increase year-over-year. NVIDIA also announced strategic developments, including building AI supercomputer factories in the U.S., a partnership with HUMAIN to develop AI factories in Saudi Arabia, and the unveiling of Stargate UAE, an AI infrastructure cluster in Abu Dhabi in collaboration with G42, OpenAI, Oracle, SoftBank Group, and Cisco. The company continues to witness strong global demand for its AI infrastructure, as highlighted by the full-scale production of the Blackwell NVL72 AI supercomputer. NVIDIA's GAAP and non-GAAP gross margins for the quarter were 60.5% and 61.0%, respectively, with an adjusted non-GAAP gross margin of 71.3% excluding the $4.5 billion charge.

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