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Nvidia’s beats estimates with quarterly revenue of $7.19B, down 13% from year ago

Nvidia reported revenues of $7.19 billion for the first fiscal quarter ended April 30, down 13% from a year ago. But it beat expectations on Wall Street in the quarter.

The maker of AI and graphics chips said it had record data center revenue of $4.28 billion, up from 14% from a year ago. That’s a sign that data center customers are on a recovery path. In after-hours trading, Nvidia’s stock price is up to $375.26 a share, up 23%.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.