NVIDIA Reports Record Quarterly and Full-Year Revenue
Strong Growth Driven by Data Center and Gaming Industries
Key Highlights from Q4 2024 Earnings Report
NVIDIA Corporation (NVDA) today announced record quarterly and full-year revenue, driven by strong demand for its data center and gaming products.
For the fourth quarter ended January 28, 2024, NVDA reported revenue of $22.1 billion, up 22% from the previous quarter and 40.9% from the same quarter last year. Data Center revenue reached a record $18.4 billion, up 27% from Q3 and 68% from Q4 2023. Gaming revenue also grew, reaching $6.02 billion for the quarter.
For the full year 2024, NVDA reported record revenue of $60.9 billion, up 12.6% from the previous year. Data Center revenue for the year totaled $54.5 billion, while Gaming revenue reached $26.9 billion. These strong results demonstrate NVIDIA's continued progress in its target markets.
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