Nvidia Corp (NASDAQ:NVDA, ETR:NVD) has delivered yet another impressive quarterly report, blowing away Wall Street estimates as it ramps up production of its latest server chip Blackwell.
Revenue for the fourth quarter, which ended on January 26, grew 78% from the year-ago quarter to a record $39.3 billion.
This was ahead of Nvidia’s guidance of $37.5 billion plus or minus 2% and Street estimates of $38 billion.
Data center revenue grew 93% from the year-ago quarter to a record $35.6 billion.
Earnings per share (EPS) increased 71% year-over-year to $0.89, topping estimates of $0.84.
For the full year, Nvidia reported EPS of $2.99 on revenue of $130.5 billion, marking increases of 130% and 114% from the year-ago quarter respectively. Analysts had expected EPS of $2.94 and revenue of $128.9 billion.
“We’ve successfully ramped up the massive-scale production of Blackwell AI supercomputers, achieving billions of dollars in sales in its first quarter,” Nvidia CEO Jensen Huang said in a statement.
“AI is advancing at light speed as agentic AI and physical AI set the stage for the next wave of AI to revolutionize the largest industries.”
The company’s revenue guidance for the fiscal first quarter also outpaced expectations. Nvidia projected revenue of $43 billion plus or minus 2% compared to the consensus of $41.1 billion.
Shares of Nvidia fluctuated following earnings, settling around 0.2% lower just before 5pm ET.