Nvidia releases third-quarter financial report for fiscal year 2025, with both revenue and net profit exceeding market expectations

GPU giant Nvidia released its third-quarter financial report for fiscal year 2025 ending October 27, 2024 on November 20. The report shows that the company's revenue and net profit both exceeded market expectations. Nvidia's revenue this quarter reached US$35.1 billion, a year-on-year increase of 94% and a month-on-month increase of 17%, exceeding the market expectation of US$33.16 billion. Under GAAP standards, the company's net profit was US$19.31 billion, a year-on-year increase of 109% and a month-on-month increase of 16%, higher than the market expectation of US$16.93 billion.