NVIDIA Corporation (NASDAQ:NVDA) today announced a record-breaking quarterly revenue of $30 billion for the second quarter of fiscal year 2025, showcasing a significant growth of 15% from the previous quarter and a staggering 122% increase from the same period last year.
The company's Data Center segment was a key driver of this growth, generating $26.3 billion in revenue—a 16% increase from the first quarter and an impressive 154% rise from the previous year.
This surge reflects NVIDIA's dominant position in the data center market, fueled by increasing demand for its AI and machine learning technologies.
Earnings also saw robust growth, with GAAP earnings per diluted share rising to $0.67, marking a 12% increase from the previous quarter and a 168% year-over-year increase.
Non-GAAP earnings per diluted share followed closely at $0.68, up 11% from the first quarter and up 152% from the previous year.
In a move to further reward shareholders, NVIDIA returned $15.4 billion through share repurchases and cash dividends in the first half of fiscal 2025.
Additionally, the board of directors approved a substantial $50 billion increase in share repurchase authorization on August 26, 2024.
Following a ten-for-one forward stock split completed on June 7, 2024, NVIDIA is optimistic about its future prospects.
The company has set a revenue target of $32.5 billion for the third quarter of fiscal 2025, with a margin of error of plus or minus 2%.
Following the earnings release, NVIDIA's share price remained largely unchanged at $125.61.