Nvidia (NASDAQ: NVDA) once again showed that it is the company most benefiting from the artificial intelligence (AI) infrastructure build-out, as it continued to show astronomical revenue growth in fiscal 2025's Q3 (ended Oct. 27, 2024). And in a truly incredible feat (despite its huge size), the company generated more in profits this quarter than it generated in revenue in the year-ago quarter. That is just something you do not see often with large companies.
While the stock price did not soar on this latest news, it has still nearly tripled year to date as of this writing. With another great quarter in the books, let's take a closer look at Nvidia's most recent results to see if the stock's momentum can continue.
While Nvidia's revenue growth continued to decelerate from the unsustainable levels it saw earlier this year, the chipmaker was still able to see its fiscal 2025 Q3 revenue surge 94% to $35.1 billion. The company saw 262% revenue growth in fiscal Q1 and 122% in fiscal Q2. Adjusted earnings per share (EPS) more than doubled to $0.81. Those results easily topped analyst expectations for adjusted EPS of $0.75 on revenue of $33.2 billion.
Its data center business once again led the way, with revenue soaring 112% year over year to $30.8 billion. The growth was powered by demand for its Hopper graphics processing unit (GPU) computing platform, particularly its H200 Hopper chip. During the quarter, the company also shipped 13,000 samples of chips based on its next-generation Blackwell GPU architecture. The company said it is seeing significant inference revenue growth, and that it has the largest inference platform.
Cloud service providers made up about half of Nvidia's data center revenue in the quarter. However, it said enterprise AI is becoming the next big wave of AI, and that thousands of companies are using Nvidia NIM, its set of accelerated inference microservices that organizations can use to run large language models (LLMs) on its GPUs. It also said that industrial and robotic AI growth is beginning to accelerate.
Nvidia's other segments also showed solid growth, although they are now much smaller than its data center business. Gaming revenue jumped 15% to $3.3 billion, while professional visualization rose 17% to $486 million, and automotive and robotics revenue soared 72% to $449 million. The company continues to produce a prodigious amount of cash, with operating cash flow of $17.6 billion and free cash flow of $16.2 billion. Nvidia ended the quarter with net cash and marketable securities of $38.5 billion and $8.5 billion in debt.