On May 23rd Beijing time, NVIDIA released its first quarter report for the fiscal year 2025 as of April 28th this year. The financial report shows that Nvidia achieved a revenue of $26 billion in the first quarter, an increase of 262% compared to the same period last year, higher than the previous analyst's expectation of $24.65 billion; Net profit was 14.81 billion US dollars, a year-on-year increase of 628%.
Specifically, in the first quarter, Nvidia's core growth was entirely driven by its data center business, with data centers accounting for $22.6 billion in revenue of $26 billion. From the management's statement, this proportion will further expand.
Meanwhile, Nvidia has given a still strong forecast for its second quarter revenue, which is expected to be $28 billion (± 2%), higher than the market's previous expectation of $26.8 billion; The expected adjusted gross profit margin is 75.5% (± 0.5%).