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Oct 31, 2021

NVIDIA Q3 2022 Earnings Report

Reported record revenue, driven by strong growth in Gaming, Data Center, and Professional Visualization market platforms.

Key Takeaways

NVIDIA reported record revenue for the third quarter of fiscal year 2022, with significant growth in key market platforms. The company's GAAP and non-GAAP earnings per share both increased compared to the previous year.

Record revenue of $7.10 billion, up 50% year-over-year.

Record Data Center revenue of $2.94 billion, up 55% year-over-year.

Record Gaming revenue of $3.22 billion, up 42% year-over-year.

GAAP earnings per diluted share were $0.97, up 83% year-over-year.

Total Revenue
$7.1B
Previous year: $4.73B
+50.1%
EPS
$0.117
Previous year: $0.073
+60.3%
GAAP Gross Margin
65.2%
Previous year: 62.6%
+4.2%
Non-GAAP Gross Margin
67%
Previous year: 65.5%
+2.3%
Gross Profit
$4.63B
Previous year: $2.96B
+56.5%
Cash and Equivalents
$1.29B
Previous year: $2.25B
-42.8%
Total Assets
$40.6B
Previous year: $26.9B
+51.2%

NVIDIA

NVIDIA

Forward Guidance

NVIDIA's outlook for the fourth quarter of fiscal 2022 includes revenue of $7.40 billion, plus or minus 2 percent, and GAAP and non-GAAP gross margins of 65.3 percent and 67.0 percent, respectively, plus or minus 50 basis points.