NVIDIA reported full-year revenue of $130.5 billion, up 114% from fiscal 2024, with data center revenue at $115.2 billion (+142% YoY). Q4 FY25 revenue reached $39.3 billion (up 12% QoQ, 78% YoY) with data center at $35.6 billion. For Q1 FY26, NVIDIA guides to $43.0 billion revenue with gross margin declining to 70.6% GAAP (71.0% non-GAAP), compared to 73.0% GAAP in Q4 FY25. Blackwell ramp accelerated, with the company achieving "billions of dollars in sales in its first quarter." Operating cash flow for full-year 2025 was $64.1 billion, free cash flow was $60.7 billion. The margin compression despite revenue growth signals rising cost pressures, likely related to manufacturing complexity, mix, or competitive pricing in the data center segment.
376 other tracked developments touching the same claims.