NVIDIA Q1 Revenue Up 8% to $8.29B with $1.62B Profit

SANTA CLARA, CA, May 26, 2022 – NVIDIA reported record revenue for the first quarter ended May 1, 2022, of $8.29B compared with $7.64B for the fourth quarter ended January 30, 2022. Net income was $1.62B.

Comparative analysis based on NVIDIA’s financial results in the last 12 quarters (Result source NVIDIA website)

Comparative analysis based on NVIDIA’s financial results in the last 12 quarters (Result source NVIDIA website)

“We delivered record results in Data Center and Gaming against the backdrop of a challenging macro environment,” said Jensen Huang, founder and CEO of NVIDIA. “The effectiveness of deep learning to automate intelligence is driving companies across industries to adopt NVIDIA for AI computing. Data Center has become our largest platform, even as Gaming achieved a record quarter.

“We are gearing up for the largest wave of new products in our history with new GPU, CPU, DPU and robotics processors ramping in the second half. Our new chips and systems will greatly advance AI, graphics, Omniverse, self-driving cars and robotics, as well as the many industries these technologies impact,” he said.

A complete chart of the financial results is available here.

About NVIDIA

NVIDIA’s invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance computing and artificial intelligence. The company’s pioneering work in accelerated computing and AI is reshaping trillion-dollar industries, such as transportation, healthcare and manufacturing, and fueling the growth of many others.

For more information, visit website.

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