NVIDIA said revenue for April 27, 2025 ended Q1 was $44.1 billion, up 12% from the previous quarter and up 69% from a year ago. Data Center revenue was $39.1 billion, up 10% from the previous quarter and up 73% from a year ago.

1. 01

   NVIDIA said revenue for April 27, 2025 ended Q1 was $44.1 billion, up 12% from the previous quarter and up 69% from a year ago. Data Center revenue was $39.1 billion, up 10% from the previous quarter and up 73% from a year ago.

2. 02

   The company said it was informed by the U.S. government on April 9, 2025 that a license is required for exports of its H20 products into the China market. As a result, the company incurred a $4.5 billion charge in Q1 associated with H20 excess inventory and purchase obligations, and was unable to ship an additional $2.5 billion of H20 revenue.

3. 03

   For Q1, NVIDIA said GAAP gross margin was 60.5% and non-GAAP gross margin was 61.0%. Excluding the $4.5 billion charge, non-GAAP gross margin would have been 71.3%. Diluted earnings per share were $0.76 on a GAAP basis and $0.81 on a non-GAAP basis.

4. 04

   The company provided guidance for Q2 of fiscal 2026 revenue of $45.0 billion, plus or minus 2%. It said this outlook reflects a loss in H20 revenue of approximately $8.0 billion due to the recent export control limitations.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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