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Nvidia Financial Results for Fourth Quarter and Fiscal 2025

21 点作者 jnieminen3 个月前

2 条评论

chollida13 个月前
Numbers:<p>- option implied move of 10%, that&#x27;s a big swing either way<p>- Q4 EPS $0.89, Est $0.84<p>- Q4 Gross Margins 73.5%, Est 73.5%<p>- Q4 Rev $39.3B Est $38.5B<p>- Q4 Data center rev $35.6B, Est $34.1B<p>- Forecasts Q1 Rev of $43B, so expecting a new year bump<p>- Automotive Rev $570M Est $500M<p>- Networking Rev $3B, Est $3.6B, look for a a Q1 increase<p>- R&amp;D expenses $3.7B up 51% yoy, Est $3.75B<p>- Q4 gaming revenue down on limited supply of ADA and Blackwell supply, which is fine as gaming rev is around $2.5B. Hard to believe that this was the entire company just 10 years ago<p>To Watch:<p>- Look at geography of sales of H series chips<p>- what do they say about next refresh<p>- used to be counted on to beat Est by 10-20%, now expected to meet Estimates<p>- Can they ramp up Blackwell, turns out they can, nothing wrong with their pipeline so far( $11B delivered in Q4)<p>Notes:<p>- company now has $43B in cash, close to double what it had a year ago. Watch for a fat 1 time Div, MSFT, AAPL, etc all did it when their cash pile got to large<p>- shares down YTD which could be profit taking for those hedge funds that deferred gains till the new year<p>- Current data center GPU break down is 94% NVDA, 5.9% AMD and 0.1% Intel<p>- Market so far is Meh about this, which is probably a win for the markets at the moment<p>- other chip makers are flat as well in the after hours<p>- other MAG7 companies are pretty flat as well.<p>- IMHO the thing that the markets love the most is the forward guidance not the current quarters numbers
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nabla93 个月前
4Q exceeds expectations.<p>1Q revenue guidance exceeds expectations.<p>1Q gross margin estimate less than expected, 71% (non-GAAP).<p>Good growth but slowing down slightly.
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