Nvidia achieves record $30B in Q2 revenue, driven by AI demand

NVIDIA Corporation (NASDAQ: NVDA) reported a historic financial performance for the second quarter of fiscal 2025, driven by surging demand for its AI-powered computing solutions. The company announced record revenue of $30 billion, marking a 15% increase from the previous quarter and a significant 122% jump year-over-year.

The company’s Data Center segment led the revenue surge, contributing $26.3 billion, which represents a 16% increase from the prior quarter and a 154% rise from the same period last year. The robust performance reflects the growing adoption of NVIDIA’s cutting-edge technologies in the global data center market.

“Hopper demand remains strong, and the anticipation for Blackwell is incredible,” said Jensen Huang, founder and CEO of NVIDIA. “NVIDIA achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with accelerated computing and generative AI.”

NVIDIA’s GAAP earnings per diluted share stood at $0.67, up 12% from the previous quarter and 168% from a year ago. On a non-GAAP basis, earnings per diluted share were $0.68, reflecting an 11% increase sequentially and a 152% year-over-year growth.

The company also highlighted its progress in the AI space, with the introduction of several new products and services. The launch of NVIDIA AI Enterprise software and Spectrum-X Ethernet for AI underscores NVIDIA’s expanding footprint in the enterprise market, enabling businesses to integrate generative AI across various industries.

In addition to the impressive quarterly results, NVIDIA announced that during the first half of fiscal 2025, it returned $15.4 billion to shareholders through share repurchases and cash dividends. The company’s Board of Directors has authorized an additional $50 billion in share repurchases, signaling continued confidence in its financial outlook.

Looking ahead, NVIDIA projects third-quarter revenue of $32.5 billion, plus or minus 2%, with GAAP and non-GAAP gross margins expected to be around 74.4% and 75.0%, respectively.

The company’s Gaming segment also reported positive results, with revenue reaching $2.9 billion, a 9% increase from the previous quarter and a 16% rise year-over-year. NVIDIA’s advancements in gaming technology, including the introduction of NVIDIA ACE and Project G-Assist, are set to enhance the gaming experience through real-time AI-driven assistance.

In the Professional Visualization and Automotive sectors, NVIDIA reported revenues of $454 million and $346 million, respectively, both reflecting growth over the previous quarter and the same period last year.

NVIDIA will discuss these results in further detail during a conference call with analysts and investors at 2 p.m. Pacific time today. A live webcast of the call will be available on the company’s investor relations website.

The company’s continued innovation in AI and computing technologies, coupled with strong financial performance, positions NVIDIA as a key player in the ongoing transformation of global industries through AI and accelerated computing.