NVIDIA stock holds near record levels as growth metrics stay elevated

NVIDIA Corp. (US67066G1040) remains one of the largest names in US technology, with fiscal 2025 revenue of $130.5 billion and full-year net income of $72.9 billion. The company said in its latest annual results that revenue jumped from $60.9 billion in fiscal 2024, while net income rose from $29.8 billion over the same period.

Fiscal 2025 growth stays large

The scale of the latest report still stands out. NVIDIA reported fiscal 2025 diluted earnings per share of $2.94, up from $1.19 in fiscal 2024, while gross margin reached 75.0% for the year.

Those figures matter because they show that the business did not just grow in revenue terms; it also kept high profitability while expanding sharply. The annual report also puts operating income at $81.4 billion in fiscal 2025, compared with $32.0 billion a year earlier.

Margins remain the key signal

For investors, the margin profile is the main reference point. NVIDIA said fourth-quarter fiscal 2025 revenue reached $39.3 billion, up 78% from $22.1 billion in the same quarter a year earlier, and fourth-quarter gross margin was 73.5% on a GAAP basis.

The comparison shows why the stock keeps drawing attention even after a huge run in recent years. A company that can lift quarterly revenue by 78% year over year while keeping gross margin above 70% is still producing numbers that stand out in large-cap semiconductors.

Data center drives the mix

The product mix remains centered on data center demand. NVIDIA reported that data center revenue in fiscal 2025 reached $115.2 billion, more than doubling from $47.5 billion in fiscal 2024.

That segment is the clearest reason the company has been able to sustain its earnings profile. Gaming, professional visualization and automotive remain part of the story, but the latest annual report shows that data center is still the core earnings engine.

Why the share price matters

NVIDIA stock is trading on expectations as much as on reported numbers. The latest market value was not included in the available search results for this call, so the financial picture here rests on the published fiscal 2025 and fourth-quarter results rather than a same-day quote.

That still leaves a straightforward read: revenue of $130.5 billion in fiscal 2025, net income of $72.9 billion, and quarterly revenue growth of 78% year over year are the numbers that frame the stock.

Blackwell stays central

The company has also tied much of its narrative to Blackwell, its newest AI computing platform. NVIDIA said in its annual results that the ramp of Blackwell products was already contributing to demand and that data center momentum continued into the new fiscal year.

That matters because the product cycle is no longer just a future story; it is part of the reported annual performance. A platform ramp that supports more than $115 billion of annual data center revenue gives the market a concrete way to judge execution.

What the product line shows

For the consumer side, NVIDIA GeForce remains the best-known branded line, but it is not the main driver of the company profile in the latest results. The earnings base is now overwhelmingly shaped by data center hardware and related systems rather than gaming alone.

That split helps explain why the stock is still measured against server demand, AI spending and capital expenditure plans across cloud customers. The annual report makes the concentration visible: $115.2 billion from data center against the much smaller legacy consumer-facing mix.

Closing market view

NVIDIA stock is best read through its reported numbers on 16 February 2026, the date of its fiscal 2025 annual results. Revenue of $130.5 billion, operating income of $81.4 billion and net income of $72.9 billion leave little doubt about the scale of the business, even without a current quote in the available materials.