Nvidia Revenues Up 78 Percent to $39.33 Billion

Nvidia reported that it earned a net income of $22 billion on revenues of $39.33 billion in the quarter ending January 26, 2025. Those figures represent gains of 80 percent and 78 percent, respectively, year-over-year (YOY), and its revenues were a record.

Nvidia also reported its full fiscal year results, with a net income of $73 billion (up 145 percent YOY) on revenues of $130.5 billion (up 114 percent YOY).

“Demand for Blackwell [a datacenter GPU for generative AI] is amazing as reasoning AI adds another scaling law — increasing compute for training makes models smarter and increasing compute for long thinking makes the answer smarter,” Nvidia founder and CEO Jensen Huang said. “We’ve successfully ramped up the massive-scale production of Blackwell AI supercomputers, achieving billions of dollars in sales in its first quarter. AI is advancing at light speed as agentic AI and physical AI set the stage for the next wave of AI to revolutionize the largest industries.”

Revenues from Nvidia’s Data Center business unit hit $35.6 billion in the quarter, a gain of 93 percent YOY and a record. And full-year Data Center revenue rose 142 percent to a record $115.2 billion.

The rest of Nvidia’s revenues are comparatively minor, given that roughly 90 percent its revenues overall come from Data Center. Gaming and AI PC delivered $2.5 billion in revenue, down 11 percent YOY. Professional Visualization added $511 million in revenues, up 10 percent YOY. And Automotive and Robotics revenue was up 103 percent to $570 million in the quarter.

Nvidia is, for now, the world’s second most valuable company, with a market cap of $3.22 trillion.