NVIDIA's first quarter fiscal 2025 revenue up 262% year-over-year, with data center division up 427% year-over-year to reach record high

NVIDIA has reported its financial results for the first quarter of fiscal year 2025 (February to April 2024). Revenues for this quarter were $26,044 million (approximately 4.84 trillion yen), up 18% from the previous quarter. Year-on-year, this is a 262% increase, showing great progress.

NVIDIA Announces Financial Results for First Quarter Fiscal 2025 | NVIDIA Newsroom

According to NVIDIA, the majority of its revenue came from its data center division, which reported revenue of $22.6 billion this quarter, up 23% from the previous quarter and 427% from the previous year, the highest figure ever.

Revenues from other segments included Games, which was down 8% from the previous quarter and up 18% from the previous year to $2.6 billion (approximately 408 billion yen), Professional Visualization, which was down 8% from the previous quarter and up 45% from the previous year to $427 million (approximately 66.93 billion yen), and Automotive and Robotics, which was up 17% from the previous quarter and up 11% from the previous year to $329 million (approximately 51.57 billion yen).

Jensen Huang, founder and CEO of NVIDIA, said:

'The next industrial revolution has begun. NVIDIA is working with countries and companies to transition $1 trillion of traditional data centers to accelerated computing and build a new kind of data center: the ' AI factory ' that produces a new product: artificial intelligence. AI will bring massive productivity gains to nearly every industry, helping companies increase revenue opportunities while also becoming more cost- and energy-efficient.'

'NVIDIA's data center growth is driven by strong demand for its Hopper platform for generative AI and inference. Generative AI is expanding beyond cloud service providers to consumer, enterprise, sovereign AI , automotive and healthcare customers, creating a multi-billion dollar vertical market.'

'We are poised for our next wave of growth. The Blackwell platform is fully operational and forms the foundation for trillion-parameter generative AI. (Networking platform) Spectrum-X opens up an entirely new market, bringing large-scale AI to Ethernet-only data centers. NVIDIA NIM is software that delivers enterprise-grade generative AI running on CUDA anywhere, from the cloud to on-premise data centers.'

The outlook for the second quarter of fiscal 2025 is for revenue to be $28 billion (approximately 4.388 trillion yen) ±2%, which is expected to increase from the current quarter.