Nvidia posts record-breaking Q4 as Blackwell GPUs drive massive growth

The big picture: Nvidia has reported record fourth quarter earnings of $39.3 billion for the three-month period ending January 26, 2025. That's an increase of 12% compared to the third quarter and up 78% versus the same period a year earlier. Nvidia's data center business was by far the company's revenue driver accounting for over 90% of the quarter's income. GAAP earnings per diluted share reached $0.89, up 14 percent quarter over quarter, 82 percent year over year, and above the $0.84 that Wall Street was prepared for. Full-year earnings totaled $130.5 billion, an impressive 114 percent increase compared to last year. Nvidia's data center business was by far the company's best performing division, accounting for $35.6 billion in Q4, representing a healthy 16 percent increase quarter over quarter and up 93 percent from the same period last year. Gaming, which was Nvidia's bread and butter not all that long ago, brought in $2.5 billion in the fourth quarter, down 11 percent year ove ... Read full article.