NVIDIA Q4 FY2025 revenue was $39.3B, not $68B
NVIDIA’s fourth quarter of fiscal 2025 generated $39.3 billion in revenue, not $68 billion, according to NVIDIA’s earnings release. The company also reported GAAP diluted EPS of $0.89 and data center strength that powered the quarter, aligning with disclosures in that filing.
The $68 billion figure circulating online corresponds to a different period: record revenue of roughly $68.1 billion was reported for the fourth quarter that ended January 25, 2026 (fiscal Q4 2026), as reported by StockTitan. Confusion stems from mixing fiscal-year quarters and calendar dates; separating Q4 FY2025 from Q4 FY2026 aligns the numbers and removes the discrepancy.
Why it matters now: quarter timing, guidance context, and reactions
Getting the quarter right changes how investors interpret NVIDIA’s trajectory, the cadence of product transitions, and the context for subsequent-quarter commentary. On the verified Q4 FY2025 base, analysts emphasized the role of Data Center demand and the early Blackwell ramp in driving the beat versus expectations, according to S&P Global. The same review noted modest gross-margin softness tied to product mix and complexity, which observers expect could normalize over time as the transition progresses.
Operationally, temporary pressure points included networking transitions, which weighed on that line item even as core accelerator demand remained strong, as reported by Yahoo Finance. Framing results against these operational dynamics helps explain the spread between segment performance and consolidated margins without resorting to speculative narratives.
“Demand for Blackwell is amazing,” said Jensen Huang, chief executive. The remark reinforces the product-cycle explanation embedded in analyst recaps of Q4 FY2025 and helps contextualize near-term margin and mix shifts tied to the ramp.
At the time of this writing, NVIDIA (NVDA) shares were quoted in a $187.04–$190.59 intraday range, based on data from Coinbase. This snapshot is provided for market context only and does not reflect any view on future performance.
Key figures at a glance: revenue, EPS, and Data Center
For Q4 FY2025, revenue was $39.3 billion and GAAP diluted EPS was $0.89. The figures indicate Data Center contributed $35.6 billion in the quarter, and the company closed FY2025 with $130.5 billion in total revenue. These totals establish the baseline that is being erroneously compared with the later $68.1 billion reported for Q4 FY2026.
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