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Record Quarterly And Full Year Revenue

NVIDIA Reports Strong Fourth Quarter and Fiscal Year 2024 Financial Results

Record Quarterly and Full-Year Revenue

SANTA CLARA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported record quarterly and full-year revenue for its fourth quarter and fiscal year 2024.

Fourth Quarter Highlights

For the quarter ended January 29, 2023, NVIDIA reported revenue of $22.1 billion, up 22% from the previous quarter and 26.5% from the same quarter last year. GAAP net income was $3.31 billion, up 6.7% from the previous quarter and down 50.8% from the same quarter last year. Non-GAAP net income was $3.98 billion, up 4.3% from the previous quarter and down 14.7% from the same quarter last year.

Full-Year Highlights

For the fiscal year ended January 29, 2023, NVIDIA reported revenue of $60.9 billion, up 12.6% from the previous year. GAAP net income was $10.85 billion, down 7.4% from the previous year. Non-GAAP net income was $14.86 billion, down 2.2% from the previous year.


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