Nvidia Corp. (NASDAQ:NVDA) continued its streak of outperformance as the artificial intelligence stalwart’s second-quarter earnings and revenue outdid expectations Wednesday.
Strong data center revenue boosted the company’s topline but the gross margin contracted from the first quarter. Nvidia issued above-consensus third-quarter revenue guidance and announced a $50-billion additional stock repurchase authorization. Despite the positive results, the shares were down 3.6% in after-hours trading.
Nvidia’s Key Q2 Numbers: The Santa Clara, California-based chipmaker reported earnings and revenue that more than doubled from a year ago and also bettered the numbers from a quarter ago.
Here’s how the key numbers compare to estimates and prior metrics:
Q2’25 Actuals
Q2’25 Consensus*
Q2’25 Guidance
Y-o-Y Change
Q-o-Q Change
Revenue
$30.04B
$28.68B
$28B +/- 2%
+122%
+15%
Non-GAAP EPS
68 cents
64 cents
N/A
+152%
+11%
Gross margin (non-GAAP)
75.7%
N/A
75.5% +/- 50 bps
+4.5 pts
-3.2 pts
*according to Benzinga Pro data
Nvidia founder and CEO Jensen Huang said: “NVIDIA achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with accelerated computing and generative AI.
“Hopper demand remains strong, and the anticipation for Blackwell is incredible,” he added.
The Nvidia CEOalso noted that Blackwell samples were shipping to partners and ...
