NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2023
|
GAAP |
|
($ in millions, except earnings per share) |
FY23 |
FY22 |
Y/Y |
| Revenue | $26,974 | $26,914 | -- |
| Gross margin | | 56.9% | | 64.9% | Down 8.0 pts |
| Operating expenses | $11,132 | $7,434 | Up 50% |
| Operating income | $4,224 | $10,041 | Down 58% |
| Net income | $4,368 | $9,752 | Down 55% |
| Diluted earnings per share | $1.74 | $3.85 | Down 55% |
|
Non-GAAP |
|
($ in millions, except earnings per share) |
FY23 |
FY22 |
Y/Y |
| Revenue | $26,974 | $26,914 | -- |
| Gross margin | | 59.2% | | 66.8% | Down 7.6 pts |
| Operating expenses | $6,925 | $5,279 | Up 31% |
| Operating income | $9,040 | $12,690 | Down 29% |
| Net income | $8,366 | $11,259 | Down 26% |
| Diluted earnings per share | $3.34 | $4.44 | Down 25% |
