Nvidia reported Q4 2025 revenue of $39.3 billion and full-year 2025 revenue of $130.5 billion (114% YoY growth), with net income doubling to $72.9 billion. Despite beating analyst estimates, the stock fell 5% over two post-earnings trading days, a sign of high valuation dependency. Gross margins declined for the third consecutive quarter to 73%, with management guiding to 70.6% in Q1 2025, attributed to a shift toward lower-margin data-center systems even as data-center revenue grows 16% QoQ. Free cash flow reached $60.7 billion in 2025 (2.2x the prior year), enabling $33.7 billion in share buybacks while cash reserves grew to $43.2 billion. For financial institutions, this signals that Nvidia's ability to command premium multiples (forward P/E of 28 for 2026, assuming 53% EPS growth) rests entirely on sustained near-perfect execution; margin pressure and sequential slowing in Q4 cash flow suggest tightening operational flexibility even as capex remains modest at $3.2 billion.
472 other tracked developments touching the same claims.