Scan to download
BTC $72,847.78 +0.83%
ETH $2,243.03 +1.10%
BNB $606.57 +0.61%
XRP $1.34 +0.16%
SOL $84.21 +0.19%
TRX $0.3182 +0.06%
DOGE $0.0927 -0.20%
ADA $0.2499 -0.99%
BCH $439.95 -0.57%
LINK $9.00 -0.06%
HYPE $42.33 +2.72%
AAVE $91.84 +1.64%
SUI $0.9328 -0.46%
XLM $0.1542 -0.13%
ZEC $373.09 -1.91%
BTC $72,847.78 +0.83%
ETH $2,243.03 +1.10%
BNB $606.57 +0.61%
XRP $1.34 +0.16%
SOL $84.21 +0.19%
TRX $0.3182 +0.06%
DOGE $0.0927 -0.20%
ADA $0.2499 -0.99%
BCH $439.95 -0.57%
LINK $9.00 -0.06%
HYPE $42.33 +2.72%
AAVE $91.84 +1.64%
SUI $0.9328 -0.46%
XLM $0.1542 -0.13%
ZEC $373.09 -1.91%

NVIDIA announced Q3 financial report: revenue reached 35.1 billion USD, net profit was 19.31 billion USD

2024-11-21 08:45:58
Collection

ChainCatcher news, according to Jinshi reports, NVIDIA (NVDA.O) announced its third-quarter financial report for fiscal year 2025, with revenue reaching $35.1 billion, a year-on-year increase of 94%, exceeding market expectations of $33 billion; net profit was $19.31 billion, far exceeding the expected $16.93 billion. In addition, third-quarter gaming business revenue was $3.3 billion, and data center business revenue was $30.8 billion, a year-on-year increase of 112%.

NVIDIA expects fourth-quarter revenue to be $37.5 billion, slightly above market expectations, but some investors' expectations were not met, leading to a drop of 5% in after-hours trading following the earnings report. CEO Jensen Huang stated that artificial intelligence is driving global computing demand growth, and the production of Blackwell systems is accelerating comprehensively, with fourth-quarter deliveries expected to exceed expectations. The company expects gross margin to reach over 70% in 2025. Nevertheless, some analysts believe there is uncertainty in its revenue outlook, especially in the case where Blackwell demand exceeds supply.

app_icon
ChainCatcher Building the Web3 world with innovations.