NASDAQ$NVDA

NVIDIA Corporation · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

NVIDIA reported record revenue for Q4 2022, driven by strong growth in Gaming, Data Center, and Professional Visualization market platforms.

NVIDIA announced record revenue for the fourth quarter ended January 30, 2022, of $7.64 billion, up 53 percent from a year ago. GAAP earnings per diluted share for the quarter were a record $1.18, up 103 percent from a year ago. Non-GAAP earnings per diluted share were $1.32, up 69 percent from a year ago.

  • Record quarterly revenue of $7.64 billion, up 53 percent from a year earlier.
  • Record fiscal-year revenue of $26.91 billion, up 61 percent.
  • Record quarterly and fiscal-year revenue for Gaming, Data Center and Professional Visualization.
  • GAAP earnings per diluted share for the quarter were a record $1.18, up 103 percent from a year ago.

Headline financials

Total Revenue

$7.64B

Previous: $5B+52.9%
EPS (adj)

$0.13

Previous: $0.08+69.2%
Non-GAAP Gross Margin

67.0%

Previous: 65.5%+2.3%
GAAP Gross Margin

65.4%

Previous: 63.1%+3.6%
Net Income

$3B

Previous: $1.46B+106.1%
Operating Income

$2.97B

Previous: $1.51B+97.1%
Gross Profit

$5B

Previous: $3.16B+58.3%
Cash & Equivalents

$1.99B

Previous: $847M+134.9%
Total Assets

$44.2B

Previous: $28.8B+53.5%
Stock-Based Comp

$551M

Previous: $416M+32.5%

Revenue & EPS history

NVIDIA · Revenue · Quarterly

$7.64B

Q4 2022+52.9%vs Q4 2021
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

NVIDIA · $7.45B total across 4 segments · Q4 2022

  • Graphics
    $3.42B+36.8%
  • Data Center
    $3.26B+71.6%
  • Professional Visualization
    $643M+109.4%
  • Automotive
    $125M-13.8%

Forward guidance

NVIDIA’s outlook for the first quarter of fiscal 2023 is as follows: Revenue is expected to be $8.10 billion, plus or minus 2 percent. GAAP and non-GAAP gross margins are expected to be 65.2 percent and 67.0 percent, respectively, plus or minus 50 basis points.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+1.9%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+4.0%

Avg return

30 days after

55%

39 / 71 earnings

Positive

+25.7%

Q3 2017

Best reaction

-16.6%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027-1.0%
Q4 2026-1.7%-7.9%-14.3%
Q3 2026-7.6%-4.7%-3.0%
Q2 2026+1.7%-6.0%-1.9%
Q1 2026+3.0%+4.8%+17.0%
Q4 2025-8.5%-11.6%-16.5%
Q3 2025-0.2%-7.5%-8.4%
Q2 2025-8.3%-7.0%-5.4%
Q1 2025-0.5%+11.6%+32.7%
Q4 2024+13.1%+13.9%+35.8%
Q3 2024-3.4%-5.2%-2.8%
Q2 2024+3.3%+2.6%-8.9%
Q1 2024+23.8%+26.9%+37.5%
Q4 2023+14.5%+13.8%+29.6%
Q3 2023-5.9%-8.1%-0.6%
Q2 2023+4.2%-8.0%-27.2%
Q1 2023+10.5%+16.4%+6.0%
Q4 2022-7.5%-10.8%-0.2%
Q3 2022+4.9%+5.8%-8.0%
Q2 2022+1.7%+12.8%+12.6%
Q1 2022-1.0%+3.8%+21.6%
Q4 2021-5.9%-2.1%-9.2%
Q3 2021+0.1%-2.1%-1.1%
Q2 2021-1.0%+3.7%-0.6%
Q1 2021+0.7%-2.8%+3.2%
Q4 2020+6.3%+8.8%-11.6%
Q3 2020-2.1%-0.3%+7.4%
Q2 2020+6.4%+11.9%+21.2%
Q1 2020-2.0%-2.8%-9.4%
Q4 2019+2.9%+2.5%+11.1%
Q3 2019-16.6%-24.4%-25.7%
Q2 2019-5.6%-2.2%+6.7%
Q1 2019-0.5%-4.0%+2.5%
Q4 2018+1.4%+1.7%+7.2%
Q3 2018+3.3%+2.4%-8.4%
Q2 2018-9.3%-3.0%-4.9%
Q1 2018+17.9%+24.4%+55.6%
Q4 2017-4.4%-8.3%-16.4%
Q3 2017+25.7%+23.2%+31.2%
Q2 2017+8.2%+7.0%+1.7%
Q1 2017+13.1%
Q4 2016+11.3%
Q3 2016+12.6%
Q2 2016+11.7%
Q1 2016-5.8%
Q4 2015+6.4%
Q3 2015-1.7%
Q2 2015+7.7%
Q1 2015-1.9%
Q4 2014+6.8%
Q3 2014+4.4%
Q2 2014-0.8%
Q1 2014+4.6%
Q4 2013+2.4%
Q3 2013-3.3%
Q2 2013+2.7%
Q1 2013+5.7%
Q4 2012+1.3%
Q3 2012+4.6%
Q2 2012+4.4%
Q1 2012-8.1%
Q4 2011+1.1%
Q3 2011+4.1%
Q2 2011-7.9%
Q1 2010-0.8%
Q1 2011-1.1%
Q4 2008-4.7%
Q3 2009-4.6%
Q3 2010-4.6%
Q2 2010+5.7%
Q2 2009+5.7%

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