NVIDIA Announces Financial Results for First Quarter and Fiscal 2025

Record Revenue and Earnings Driven by Growth in AI and Gaming

NVIDIA's financial results for the first quarter of fiscal 2025 demonstrate the company's continued leadership in AI and gaming technologies.

Santa Clara, Calif. – May 24, 2023 – NVIDIA Corporation (NASDAQ: NVDA) today announced record financial results for the first quarter of fiscal 2025, driven by strong demand for its AI and gaming products.

First Quarter Fiscal 2025 Highlights:

• Revenue of $7.19 billion, up 19% from the same period last year
• GAAP EPS of $0.82, up 18% from the same period last year
• AI revenue of $2.6 billion, up 25% from the same period last year
• Data center revenue of $3.3 billion, up 13% from the same period last year
• Gaming revenue of $1.8 billion, up 11% from the same period last year

Jensen Huang, NVIDIA's founder and CEO, said, "Our record revenue in the first quarter demonstrates the strength of our technology and our leadership in AI and gaming. We are seeing strong demand for our products across all our markets, and we are well-positioned to continue driving growth in the year ahead."

NVIDIA's strong financial performance is fueled by the company's continued investment in AI and gaming technologies. The company's AI platform is used by developers to create new applications that are revolutionizing industries such as healthcare, transportation, and manufacturing. NVIDIA's gaming GPUs are the most popular choice for gamers around the world, and the company is also a leader in cloud gaming and virtual reality.

NVIDIA's financial results for the first quarter of fiscal 2025 show that the company is well-positioned to continue its growth in the years to come. The company's strong product portfolio and leadership in AI and gaming will continue to drive revenue and earnings growth.