Nvidia Q1 2025 Earnings Report Summary

Nvidia Q1 2025 Earnings Report Summary

Shares of NVIDIA Corporation (NASDAQ: NVDA) surged in pre-market trading after the AI chip giant posted strong fiscal Q1 results, beating Wall Street expectations despite ongoing headwinds from U.S. export restrictions to China.

Nvidia reported Q1 revenue of $44.1 billion, marking a 69% year-over-year increase and up 12% from the previous quarter. This exceeded analyst consensus estimates of $43.2 billion. Adjusted earnings per share (EPS) came in at $0.96, topping the expected $0.93 and significantly higher than the $0.61 posted in the same period last year.

? Key Financial Highlights:

• Total Revenue: $44.1B (Est.: $43.2B | Q1 2024: $26B)

• Adjusted EPS: $0.96 (Est.: $0.93 | Q1 2024: $0.61)

• Q2 Revenue Guidance: $45B ± 2%, including an $8B impact from China export controls

• Data Center Revenue: $39.1B (Est.: $39.2B | Q1 2024: $22.5B)

Nvidia stock rose 5.6% to $142.31 in pre-market trading and gained over 4% in after-hours following the release.

?? China Export Restrictions: $8B Revenue Hit

One major highlight of the earnings report was Nvidia’s acknowledgment of the $8 billion revenue loss in Q2 due to U.S. government export controls targeting its H20 chips, which are widely used in China’s AI infrastructure.

CEO Jensen Huang stated, “The $50 billion China market is effectively closed to U.S. industry. The H20 export ban ended our Hopper data center business in China. We cannot reduce Hopper further to comply.”

Despite the setback, Huang emphasized Nvidia’s resilience, saying the company is “exploring limited ways to compete,” although “China’s AI moves on with or without U.S. chips.”

? Outlook

Looking forward, Nvidia remains optimistic with a strong guidance for Q2, signaling ongoing demand for its AI and data center technologies, even as geopolitical tensions cloud some of its growth potential.