NVIDIA (NVDA) Revenue — Quarter Ended Jul 30, 2023
Revenue increased sharply in the current quarter. The growth was substantial compared to both the prior quarter and the same quarter a year earlier.
Key takeaway
Quarter ended Jul 30, 2023 · FY2024 Q2
Revenue increased sharply in the current quarter. The growth was substantial compared to both the prior quarter and the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$13.5B
Revenue reported for this quarter.
Quarter-over-quarter
+87.8%
Change from the immediately preceding quarter.
Year-over-year
+101.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$32.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 30, 2022 | $5.9B | -16.5% |
| Jan 29, 2023 | $6.1B | -20.8% |
| Apr 30, 2023 | $7.2B | -13.2% |
| Jul 30, 2023 | $13.5B | +101.5% |
Revenue performance
The reported revenue rose strongly from the immediately preceding quarter. It also showed a significant increase compared to the same quarter one year ago.
Quarterly comparison
Compared to the prior quarter, revenue moved higher. Relative to the same quarter in the prior year, revenue was also markedly higher.
What to watch
The filing context does not provide specific commentary on revenue drivers for this quarter.