NVIDIA Q4 2021 Earnings Report
Key Takeaways
NVIDIA's Q4 2021 revenue reached a record $5.00 billion, a 61% increase year-over-year, with GAAP EPS at $2.31 and non-GAAP EPS at $3.10. The company experienced record revenue in both Gaming and Data Center segments.
NVIDIA's Q4 revenue was $5.00 billion, up 61% year-over-year.
GAAP earnings per diluted share were $2.31, up 51% year-over-year.
Non-GAAP earnings per diluted share were $3.10, up 64% year-over-year.
Gaming and Data Center platforms achieved record revenue.
NVIDIA
NVIDIA
Forward Guidance
NVIDIA’s outlook for the first quarter of fiscal 2022 is as follows: Revenue is expected to be $5.30 billion, plus or minus 2 percent. GAAP and non-GAAP gross margins are expected to be 63.8 percent and 66.0 percent, respectively, plus or minus 50 basis points. GAAP and non-GAAP operating expenses are expected to be approximately $1.67 billion and $1.20 billion, respectively. GAAP and non-GAAP other income and expense are both expected to be an expense of approximately $50 million. GAAP and non-GAAP tax rates are both expected to be 10 percent, plus or minus 1 percent, excluding any discrete items.
Positive Outlook
- Revenue is expected to be $5.30 billion, plus or minus 2 percent.
- GAAP gross margins are expected to be 63.8 percent, plus or minus 50 basis points.
- Non-GAAP gross margins are expected to be 66.0 percent, plus or minus 50 basis points.
Challenges Ahead
- GAAP operating expenses are expected to be approximately $1.67 billion.
- Non-GAAP operating expenses are expected to be approximately $1.20 billion.
- GAAP other income and expense are both expected to be an expense of approximately $50 million.
- Non-GAAP other income and expense are both expected to be an expense of approximately $50 million.
- GAAP and non-GAAP tax rates are both expected to be 10 percent, plus or minus 1 percent, excluding any discrete items.