NVIDIA's Record-Breaking Financial Performance: A Quarter and Fiscal Year for the Books

Unprecedented Quarterly Earnings Drive Fiscal 2024 Revenue to Historic Highs

In a remarkable display of financial prowess, NVIDIA Corporation (NASDAQ: NVDA) has announced exceptional financial results for its fourth quarter and fiscal year 2024. The company's relentless innovation and industry-leading products have propelled it to record-breaking revenue figures.

Fourth Quarter 2024 Highlights

For the fourth quarter ended January 29, 2023, NVIDIA reported quarterly revenue of $22.1 billion, representing a significant 22% increase from the previous quarter and an impressive 26.5% jump year-over-year compared to the fourth quarter of 2023.

Fiscal Year 2024 Highlights

In addition to the stellar fourth-quarter performance, NVIDIA's fiscal year 2024 has been one of unprecedented growth. The company achieved record full-year revenue of $60.9 billion, marking a remarkable 12.6% increase compared to fiscal year 2023.

NVIDIA's success is a testament to the company's leadership in the rapidly evolving artificial intelligence (AI) and data center markets. The company's cutting-edge graphics processing units (GPUs) are powering the latest advancements in AI, cloud computing, and immersive experiences.

As NVIDIA continues to innovate and expand its product portfolio, the company is well-positioned to capture a significant share of these growing markets and drive future revenue growth.