EI Earnings Insight Lab
NVIDIA Corporation

NVIDIA Corporation FY 2024 Earnings Analysis

Reported on 2024-02-21 / Fiscal Year FY 2024
Revenue Up YoY EPS Up YoY Strong Year
NVIDIA Corporation reported FY 2024 results with relatively stable operating performance.

Revenue grew 125.9% year over year. NVIDIA Corporation also posted year-over-year earnings growth, reinforcing a more resilient operating profile.

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Source: Company filings / processed earnings data
Revenue
$60.9B
YoY: 125.8545%
QoQ: N/A
Net Income
$29.8B
YoY: 581.3187%
QoQ: N/A
EPS (Diluted)
$1.19
YoY: 600%
Net Margin
48.8%
YoY: 32.66 pts
QoQ: N/A
Gross Margin
72.7%
Operating Margin
54.1%
Growth

Revenue trend

Revenue trend remains stable.

Profitability

Margin and earnings quality

Profitability was broadly stable.

Investor Focus

What matters next

Investors will continue watching execution quality.

Revenue & YoY Growth

Annual

Revenue trend and year-over-year growth across recent reported annual periods.

Net Income & Net Margin

Annual

Net income and net margin trend over recent reported annual periods.

Revenue Analysis

NVIDIA Corporation reported $60.9B in revenue for FY 2024, up 125.9% YoY. Positive year-over-year growth suggests healthier revenue momentum.

Revenue Snapshot
Current Fiscal Year $60.9B
Previous Fiscal Year $27.0B
YoY Change +125.9%

Profitability Analysis

Net income came in at $29.8B, up 581.3% YoY. Net margin was 48.8%. Sequential margin improvement suggests stronger operating discipline despite a mixed revenue environment.

Profitability Snapshot
Net Income $29.8B
EPS $1.19
Net Margin 48.8%
YoY Margin Change +32.7 pts

Frequently Asked Questions

Quick factual answers for this report. Need the why behind them? Ask the report assistant.

What was NVIDIA Corporation's revenue in FY 2024?

NVIDIA Corporation reported revenue of $60.9B in FY 2024.

What was NVIDIA Corporation's net income in FY 2024?

NVIDIA Corporation reported net income of $29.8B in FY 2024.

How did NVIDIA Corporation's revenue change year over year?

NVIDIA Corporation's revenue increased by 125.9% year over year in FY 2024.

What was NVIDIA Corporation's net margin in FY 2024?

NVIDIA Corporation's net margin was 48.8% in FY 2024.

Related
NVIDIA Corporation FY 2023 Earnings

Compare this fiscal year with the previous annual earnings report.

Related
NVIDIA Corporation Company Overview

Explore company profile, industry, and historical context.

Related
NVIDIA Corporation Revenue & Profit Trends

View more quarterly financial trend pages for this company.

Data Source & Methodology

Financial data is sourced from company filings and internal processed earnings data.

YoY and QoQ values are derived from reported quarterly figures when not directly available.

This page is for informational purposes only and does not constitute investment advice.

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