The earnings call highlighted NVIDIA's robust growth across segments, particularly in Data Center and Gaming, alongside challenges like supply constraints affecting Networking and Gaming. Blackwell's ramp-up is a significant focus, with expected initial gross margin pressure.

Company Guidance

During NVIDIA's Q3 2025 earnings call, Colette Kress provided substantial guidance, highlighting a record revenue of $35.1 billion, which surpassed the outlook of $32.5 billion and marked a 17% sequential and 94% year-on-year increase. Data Center revenue was particularly impressive, reaching $30.8 billion, up 17% sequentially and 112% year-on-year. The demand for NVIDIA's Hopper and Blackwell architectures fueled this growth, with significant sales of the H200 and Blackwell GPUs, the latter of which is expected to exceed previous revenue estimates by several billion dollars. NVIDIA anticipates Q4 2025 revenue to be $37.5 billion, plus or minus 2%, with gross margins projected at 73% GAAP and 73.5% non-GAAP. Despite supply constraints, especially in gaming, NVIDIA is focused on meeting the market's high demand and optimizing its gross margins as Blackwell products ramp up. The company's commitment to innovation is evident as they prepare for the future with advancements in AI infrastructure and a strong pipeline of AI enterprise solutions.

Record-Breaking Revenue and Growth

NVIDIA's Q3 revenue reached $35.1 billion, up 17% sequentially and 94% year-on-year, surpassing the outlook of $32.5 billion.

Data Center Segment Surge

Data Center revenue hit $30.8 billion, up 17% sequentially and 112% year-on-year, with NVIDIA Hopper demand and CSP deployments driving growth.

Gaming and AI PCs Growth

Gaming revenue increased to $3.3 billion, 14% sequentially and 15% year-on-year, fueled by strong demand for GeForce RTX GPUs.

Automotive Sector Expansion

Automotive revenue reached a record $449 million, up 30% sequentially and 72% year-on-year, driven by NVIDIA Orin and NAVs demand.

Blackwell Production and Demand

Blackwell's ramp-up is on track, with a significant demand expected to surpass previous revenue estimates of several billion dollars.

Increased Shareholder Returns

NVIDIA returned $11.2 billion to shareholders through share repurchases and cash dividends in Q3.

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Nvidia (IT:1NVDA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

IT:1NVDA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 16, 2018	2019 (Q2)	- / 0.42	0.222	91.30% (+0.20)	―	―
Nov 15, 2018	2019 (Q3)	- / 0.48	0.321	48.19% (+0.15)	―	―
Feb 14, 2019	2019 (Q4)	- / 0.22	0.379	-41.33% (-0.16)	―	―
May 16, 2019	2020 (Q1)	- / 0.21	0.478	-55.56% (-0.27)	―	―
Aug 15, 2019	2020 (Q2)	- / 0.30	0.425	-29.55% (-0.13)	―	―
Nov 14, 2019	2020 (Q3)	- / 0.43	0.475	-9.55% (-0.05)	―	―
Feb 13, 2020	2020 (Q4)	- / 0.46	0.222	105.22% (+0.23)	―	―
May 21, 2020	2021 (Q1)	- / 0.43	0.212	104.55% (+0.22)	―	―
Aug 19, 2020	2021 (Q2)	- / 0.05	0.03	74.19% (+0.02)	―	―
Nov 18, 2020	2021 (Q3)	- / 0.07	0.042	65.91% (+0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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IT:1NVDA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 20, 2024	€137.69	€138.33	+0.46%
Aug 28, 2024	€111.74	€109.50	-2.00%
May 22, 2024	€87.63	€96.78	+10.45%
Feb 21, 2024	€62.98	€71.93	+14.21%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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