Nvidia Profit Jumps 94% as AI Data Center Demand Drives Record Quarterly Sales

Strong Quarterly Results Exceed Expectations

Nvidia posted net income of $43 billion for the fourth quarter, up from $22.1 billion in the same period a year earlier. This represents a 94% year-on-year increase in profit. Quarterly revenue reached $68.1 billion, a 73% rise from $39.3 billion a year ago.

Both profit and revenue surpassed consensus forecasts. Analysts polled by FactSet had expected net income of $37.5 billion and revenue of $66.1 billion. Nvidia therefore exceeded earnings expectations by $5.5 billion and revenue estimates by $2 billion for the quarter.

The scale of the beat contributed to easing recent market concerns over a possible artificial-intelligence bubble, which had affected sentiment around high-growth AI-related companies in prior months.

Data Center Segment Dominates Revenue

Data center hardware remained the core driver of Nvidia’s business in the quarter. The company’s chips and networking equipment sold to AI and cloud-computing companies accounted for 91.4% of total quarterly sales.

This data center segment generated $62.3 billion in revenue, out of the total $68.1 billion, and its growth slightly outpaced Nvidia’s overall sales expansion. The figures highlight the concentration of Nvidia’s revenue base in infrastructure used to power artificial-intelligence workloads and cloud computing environments.

Chief Executive Officer Jensen Huang stated that “computing has changed,” identifying agentic AI as a driver of the company’s 94% profit surge. The comments, combined with the reported results, underscore the importance of advanced AI computing demands in shaping Nvidia’s current financial performance.

FAQ

What were Nvidia’s fourth-quarter profit and revenue figures?
Nvidia reported fourth-quarter net income of $43 billion and revenue of $68.1 billion.

How did Nvidia’s results compare with analyst expectations?
Analysts polled by FactSet had forecast net income of $37.5 billion and revenue of $66.1 billion, so Nvidia exceeded expectations on both profit and sales.

What portion of Nvidia’s sales came from data center hardware?
Data center hardware generated $62.3 billion in revenue, representing 91.4% of Nvidia’s total quarterly sales.

What did CEO Jensen Huang cite as a key driver of the profit surge?
Jensen Huang said that computing has changed and cited agentic AI as a driver of the 94% increase in profit.