NVIDIA (NVDA) Revenue — Quarter Ended Jan 28, 2024
Revenue increased significantly compared to both the prior quarter and the same quarter last year. The growth reflects continued strong demand for the company's products.
Key takeaway
Quarter ended Jan 28, 2024 · FY2024 Q4
Revenue increased significantly compared to both the prior quarter and the same quarter last year. The growth reflects continued strong demand for the company's products.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$22.1B
Revenue reported for this quarter.
Quarter-over-quarter
+22.0%
Change from the immediately preceding quarter.
Year-over-year
+265.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$60.9B
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 |
|---|---|---|
| Apr 30, 2023 | $7.2B | -13.2% |
| Jul 30, 2023 | $13.5B | +101.5% |
| Oct 29, 2023 | $18.1B | +205.5% |
| Jan 28, 2024 | $22.1B | +265.3% |
Revenue performance
The reported revenue shows a substantial increase from the previous quarter. This marks a continuation of the upward trend observed over the past several quarters.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Compared to the same quarter one year earlier, revenue also rose substantially.
What to watch
Monitor the sustainability of revenue growth given the high year-over-year comparison base.