NVIDIA announced its Q3 financial report: revenue reached $35.10 billion, with a net profit of $19.31 billion.

PANews, November 21st news, according to Jinshi reports, NVIDIA (NVDA.O) announced its financial report for the third quarter of fiscal year 2025, with revenue reaching $35.10 billion, a year-on-year increase of 94%, exceeding market expectations of $33 billion; net profit was $19.31 billion, far exceeding the expected $16.93 billion. Furthermore, revenue from the gaming business in the third quarter was $3.30 billion, while revenue from the data center business was $30.80 billion, representing a year-on-year increase of 112%.

NVIDIA expects revenue for the fourth fiscal quarter to be $37.50 billion, slightly above market expectations, but some investor expectations were not met, leading to a drop of 5% in after-hours trading of US stocks following the announcement. CEO Jensen Huang stated that artificial intelligence is driving the growth of global computing demand, and production of the Blackwell system is accelerating significantly, with fourth-quarter delivery expected to exceed expectations. The company anticipates that the gross profit margin will exceed 70% by 2025. Despite this, some analysts believe there is uncertainty in revenue outlook, especially in cases where Blackwell demand exceeds supply.