NVIDIA Announces Financial Results for Second Quarter Fiscal 2025

NVIDIA (NASDAQ: NVDA) has reported record financial results for the second quarter of fiscal 2025, showcasing impressive growth across all segments. The company’s quarterly revenue reached $30.0 billion, marking a 15% increase from the previous quarter and a staggering 122% rise from the same period last year.

Record Data Center Revenue

Driving this growth was a record Data Center revenue of $26.3 billion, which is up 16% from Q1 and up an extraordinary 154% year-over-year. NVIDIA’s CEO, Jensen Huang, emphasized the strong demand for their Hopper architecture and the anticipation surrounding the upcoming Blackwell architecture, stating, “NVIDIA achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with accelerated computing and generative AI.”

Quarterly Earnings and Shareholder Returns

In terms of earnings, GAAP earnings per diluted share stood at $0.67, a 12% increase from Q1 and a remarkable 168% from last year. Non-GAAP earnings per diluted share were $0.68, up 11% from the previous quarter and up 152% year-over-year. NVIDIA has returned $15.4 billion to shareholders in the first half of fiscal 2025 through share repurchases and dividends, with an additional $50.0 billion share repurchase authorization approved by the Board of Directors on August 26, 2024.

Outlook for Fiscal 2025

NVIDIA’s outlook for the third quarter of fiscal 2025 is optimistic, with projected revenue expected to be around $32.5 billion, plus or minus 2%. Both GAAP and non-GAAP gross margins are anticipated to remain robust, while operating expenses are expected to grow in the mid- to upper-40% range for the full year.

Highlights from the Quarter

Several key developments were announced during the quarter:

• Record Data Center revenue driven by the adoption of NVIDIA’s H200 Tensor Core and Blackwell architecture.
• Introduction of Spectrum-X Ethernet for AI and NVIDIA AI Enterprise software, showcasing NVIDIA’s full-stack capabilities.
• Launch of NVIDIA ACE, a suite of generative AI technologies aimed at enhancing user experiences in gaming and content creation.
• Expansion of NVIDIA GeForce NOW with over 2,000 games available, including new titles like Indiana Jones and the Great Circle.

Conclusion

NVIDIA’s strong performance in the second quarter of fiscal 2025 underscores its leadership in the tech industry, particularly in data centers and AI-driven innovations. As the company continues to push the boundaries of technology, stakeholders eagerly anticipate further advancements and the impact of generative AI across various sectors.