Nvidia has delivered exceptional financial results for Q4 and FY 2025, driven by a surge in demand for its AI technologies. The company reported record quarterly revenue of A$62.5 billion (US$39.3 billion), a 12% increase from the prior quarter and a remarkable 78% jump from the same period last year. Full-year revenue reached A$207.5 billion (US$130.5 billion), marking a 114% year-on-year growth.
Nvidia’s data center segment, which plays a key role in the AI boom, reported A$56.6 billion in revenue, up 16% quarter-over-quarter and 93% from the previous year. The company’s success is largely attributed to the popularity of its Blackwell AI supercomputers and data center GPUs, which have positioned Nvidia as the leader in the rapidly growing AI chip market.
While the outlook remains strong, challenges remain. Supply chain constraints, particularly for Blackwell chips, and potential export restrictions to China due to national security concerns could impact future growth. Additionally, there are concerns over the sustainability of AI infrastructure growth, given a recent slowdown in capital spending by key customers.
Nvidia’s CEO, Jensen Huang, emphasized the continued demand for Blackwell supercomputers, noting that “reasoning AI adds another scaling law” by increasing computational power for smarter models and more advanced thinking. He also pointed out that AI is progressing at an unprecedented pace, with AI agents and physical AI setting the stage for transformative changes across industries.
For FY 2026, Nvidia is projecting strong continued demand, with a revenue guidance of A$68.4 billion for Q1. Gross margins are expected to remain robust at around 70%, while operating expenses are projected to be about A$8.3 billion. Nvidia’s stock, currently priced at US$131.28, remains a strong investment, with a market cap of approximately US$3.22 trillion.
Despite challenges, Nvidia’s remarkable growth and innovation in the AI sector position it well for future success, making it a top contender in the tech industry.
