NVIDIA Q3 Earnings Report: Revenue of $35.10 billion, Profit Reaches $19.30 billion Exceeding Market Expectations
Odaily Planet Daily reported that NVIDIA's financial report shows that its revenue for the third quarter was $35.10 billion, with a quarter-over-quarter increase of 17%, exceeding FactSet's survey predictions by analysts. Profits reached $19.30 billion, also surpassing Wall Street's expectations. Among them, data center business revenue was $30.80 billion, up from $26.30 billion in the previous fiscal quarter, representing a year-on-year growth of 112%; gaming business revenue was $3.30 billion. Q3 net profit was $19.31 billion, compared to $9.24 billion in the same period last year, with market expectations at $16.93 billion. The company expects fourth-quarter revenue to be approximately $37.50 billion, also exceeding expectations, indicating that NVIDIA's next-generation artificial intelligence chips are likely to be launched in large quantities next year, driven by high demand from customers like Microsoft, Google, Meta, and Musk's xAI. However, NVIDIA's stock price fell by 5% in after-hours trading following the earnings report, as its performance did not meet the expectations of some investors after experiencing several quarters of soaring revenues and profits. Additionally, the shipping plan for Blackwell production is set to begin in the fourth quarter of fiscal 2025 and will continue to ramp up in fiscal 2026. The Hopper and Blackwell systems are facing certain supply constraints, and it is expected that Blackwell's demand will exceed supply in several quarters of fiscal 2026. (Jin Shi)
NVIDIA Q3 Earnings Report: Revenue of $35.10 billion, Profit Reaches $19.30 billion Exceeding Market Expectations
Odaily Planet Daily reported that NVIDIA's financial report shows that its revenue for the third quarter was $35.10 billion, with a quarter-over-quarter increase of 17%, exceeding FactSet's survey predictions by analysts. Profits reached $19.30 billion, also surpassing Wall Street's expectations. Among them, data center business revenue was $30.80 billion, up from $26.30 billion in the previous fiscal quarter, representing a year-on-year growth of 112%; gaming business revenue was $3.30 billion. Q3 net profit was $19.31 billion, compared to $9.24 billion in the same period last year, with market expectations at $16.93 billion. The company expects fourth-quarter revenue to be approximately $37.50 billion, also exceeding expectations, indicating that NVIDIA's next-generation artificial intelligence chips are likely to be launched in large quantities next year, driven by high demand from customers like Microsoft, Google, Meta, and Musk's xAI. However, NVIDIA's stock price fell by 5% in after-hours trading following the earnings report, as its performance did not meet the expectations of some investors after experiencing several quarters of soaring revenues and profits. Additionally, the shipping plan for Blackwell production is set to begin in the fourth quarter of fiscal 2025 and will continue to ramp up in fiscal 2026. The Hopper and Blackwell systems are facing certain supply constraints, and it is expected that Blackwell's demand will exceed supply in several quarters of fiscal 2026. (Jin Shi)
