Chipmaker Nvidia (NVDA) reported fourth-quarter 2025 financial results that blew past Wall Street forecasts as the company’s revenue rose 73% from a year earlier.
The Silicon Valley-based company announced earnings per share (EPS) of $1.62 U.S., which was well ahead of the $1.53 U.S. consensus expectation of analysts.
Revenue in the final months of last year totaled $68.13 billion U.S., which surpassed the $66.21 billion U.S. forecast on Wall Street. Nvidia’s total sales were up 73% from a year earlier.
Management attributed the strong print to 75% revenue growth in its core data centre business.
Nvidia gets 91% of its sales from its data centre unit, which houses its artificial intelligence (A.I.) microchips and processors.
Data centre revenue came in at $62.3 billion U.S. in Q4 2025, topping expectations that called for $60.69 billion U.S. in sales.
The company’s net income nearly doubled to $43 billion U.S., or $1.76 U.S. a share, from $22.1 billion U.S., or $0.89 U.S. per share, in the same quarter a year ago.
On an earnings call with analysts and journalists, executives with Nvidia said that demand for the company’s A.I. microchips remains insatiable.
Nvidia currently makes about three-quarters (75%) of the microchips and processors that run A.I. workloads and large language models (LLMs).
The forward guidance provided by Nvidia was equally strong and better than expected. The company said revenue for the current first quarter will be $78 billion U.S., plus or minus 2%.
Analysts were expecting $72.6 billion U.S. in Q1 2026 revenue. Nvidia said its outlook does not assume any data centre revenue from China, where its sales are currently prohibited.
In the data centre business, Nvidia reported $10.98 billion U.S. in sales for its networking parts, which are used to connect hundreds of microchips. Those sales were up 263% year-over-year.
Nvidia’s gaming unit, which used to be its largest business segment, recorded revenue growth of 47% from a year ago at $3.7 billion U.S.
Management said they’re in the process of releasing the next-generation Vera Rubin microchips and related systems, which are the successor to the Grace Blackwell processor.
The Vera Rubin chip is expected to deliver 10 times more performance per watt and provide greater energy efficiency at a time when data centres face power constraints.
NVDA stock has risen 49% in the last 12 months to trade at $195.62 U.S. per share.
