Latest Report
Earnings Release 2018

NVIDIA Announces Financial Results for Fourth Quarter Fiscal 2018

SANTA CLARA, CA - NVIDIA ( NASDAQ: NVDA)

  • Record quarterly revenue of $2.91 billion, up 34 percent from a year ago
  • Record full-year revenue of $9.71 billion, up 41 percent from a year ago
  • Record quarterly GAAP gross margin of 61.9 percent, non-GAAP gross margin of 62.1 percent
  • Record full-year GAAP EPS of $4.82, up 88 percent from a year ago

SANTA CLARA, Calif., Feb. 08, 2018 -- NVIDIA (NASDAQ:NVDA) today reported record revenue for the fourth quarter ended January 28, 2018, of $2.91 billion, up 34 percent from $2.17 billion a year earlier, and up 10 percent from $2.64 billion in the previous quarter.

GAAP earnings per diluted share for the quarter were a record $1.78, up 80 percent from $0.99 a year ago and up 34 percent from $1.33 in the previous quarter. Non-GAAP earnings per diluted share were $1.72, also a record, up 52 percent from $1.13 a year earlier and up 29 percent from $1.33 in the previous quarter. 

For fiscal 2018, revenue was a record $9.71 billion, up 41 percent from $6.91 billion a year earlier. GAAP earnings per diluted share were a record $4.82, up 88 percent from $2.57 a year earlier. Non-GAAP earnings per diluted share were $4.92, also a record, up 61 percent from $3.06 a year earlier.

“We achieved another record quarter, capping an excellent year,” said Jensen Huang, founder and chief executive officer of NVIDIA. “In a powerful sign of our progress, attendees at NVIDIA’s GPU Technology Conferences reached 22,000, up tenfold in five years, as software developers working in AI, self-driving cars, and a broad range of other fields continued to discover the acceleration and money-saving benefits of our GPU computing platform.