Nvidia's Q4 2025 revenue reached $39.3 billion, with a notable contribution from Blackwell parts. Although the growth rates dipped compared to the previous year, profit margins remained substantial with $22 billion in Q4, reflecting a 14% increase from the prior quarter. Full-year 2025 revenue was $130 billion, growing 114%, with profits reaching $72.9 billion. The company's leaders maintain confidence in sustained AI infrastructure demand, especially for Blackwell accelerators, anticipating robust clusters comprising tens of thousands of GPUs in future projects.
A year-over-year view produced bigger numbers, as Q4 2025 revenue was 78 percent higher than the same period last year. Profit rose 80 percent.
CFO Collette Kress and CEO Jensen Huang remain optimistic that demand for AI infrastructure will continue as Nvidia ramps production of its Blackwell accelerators.
With Blackwell it will be common for these clusters to start with 100,000 GPUs or more, Kress predicted on a call earlier today with Wall Street analysts.
Nvidia is still making plenty of dough. It's just not growing as quickly as it has in past quarters and years.
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