NVIDIA reported Q1 FY2025 revenue of $26.0B (up 262% YoY) with Data Center segment at $22.6B (up 427% YoY), driven by Hopper platform demand across cloud, enterprise, and sovereign AI use cases. Gross margin expanded to 78.4%, and operating cash flow reached $15.3B for the quarter. Free cash flow was $14.9B, with cash and equivalents rising to $31.4B. This demonstrates a hyperscaler producing material, recognized revenue at scale while sustaining positive operating cash generation, directly testing whether capex is funded from operating cash flow rather than external debt.
191 other tracked developments touching the same claims.