"The demand for Blackwell is extraordinary. AI is evolving beyond perception and generative AI into reasoning." - Jensen Huang
— Jensen Huang
03Detailed Report
NVDA
NVIDIA Corporation
Period
Q4 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedMay 14, 2026
Swipe to view all report sections
Executive Summary
NVIDIA Corporation achieved another record financial quarter in Q4 2025, reporting revenues of $39.3 billion, a 12% sequential increase and a remarkable 78% year-over-year surge. This growth underscores the demand for NVIDIA's advanced AI solutions, with management highlighting a robust ramp-up in data center sales, particularly due to the successful introduction of the Blackwell architecture. Notably, data center revenues for the quarter reached $35.6 billion, more than doubling compared to last year. Profitability metrics also demonstrated strength, with net income reaching $22.1 billion, reflecting a net profit margin of 56.2%. Beyond financial metrics, management expressed optimism about future growth driven by AI's expansive applications across various sectors, positioning NVIDIA to continue leading in technological advancements and revenue generation.
Key Performance Indicators
Revenue
Increasing
39.33B
QoQ: 12.11% | YoY: 77.94%
Gross Profit
Increasing
28.72B
73.03% margin
QoQ: 9.81% | YoY: 71.06%
Operating Income
Increasing
24.03B
QoQ: 9.90% | YoY: 76.54%
Net Income
Increasing
22.09B
QoQ: 14.41% | YoY: 79.82%
EPS
Increasing
0.90
QoQ: 13.92% | YoY: 80.00%
Revenue Trend
Margin Analysis
Financial Highlights
Revenue: $39.3 billion (up 78% YoY, up 12% QoQ) Net Income: $22.1 billion (up 79.82% YoY, up 14.41% QoQ) EPS: $0.90 (up 80% YoY, up 13.92% QoQ) Gross Margin: 73% Operating Income: $24.0 billion (operating margin of 61.1%) Cash Flow from Operations: $16.6 billion Total Assets: $111.6 billion Total Liabilities: $32.3 billion Current Ratio: 4.44 Debt-to-Equity Ratio: 0.129
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
39.33B
77.94%
12.11%
Gross Profit
28.72B
71.06%
9.81%
Operating Income
24.03B
76.54%
9.90%
Net Income
22.09B
79.82%
14.41%
EPS
0.90
80.00%
13.92%
Key Financial Ratios
Gross Profit Margin
Excellent
73.00%
Gross profit margin is exceptional, indicating strong pricing power and operational efficiency
Operating Profit Margin
Excellent
61.10%
Operating margin is exceptional, indicating strong pricing power and operational efficiency
Net Profit Margin
Excellent
56.20%
Net profit margin is exceptional, indicating strong pricing power and operational efficiency
Return on Assets
Strong
19.80%
Return on assets demonstrates excellent capital efficiency and value creation
Return on Equity
Strong
27.80%
Return on equity demonstrates excellent capital efficiency and value creation
Current Ratio
Strong
4.44
Current ratio indicates excellent liquidity and financial flexibility
Debt to Equity
Conservative
0.13
Debt-to-equity shows conservative leverage and low financial risk
P/E Ratio
Growth
32.82x
Elevated P/E suggests growth expectations or premium valuation
Price to Book
High Premium
36.56x
Very high premium suggests asset-light business model or lofty expectations
Management Insights Available for Members
Get exclusive access to management commentary, earnings call quotes, and forward guidance from company leadership.