NVIDIA Crushes Its Q4 Earnings, Posts 41% Revenue Growth Year-Over-Year

Gamers might be wondering what NVIDIA’s been up to since we’re still waiting on the next major GeForce launch, but the company has been doing anything but resting on its laurels. In fact, its efforts in datacenter, automotive, and of course, gaming, led NVIDIA (NASDAQ: NVDA) to have an explosive financial quarter to wrap up 2017.

Year-over-year, NVIDIA’s full-year revenue increased 41% to finish at $9.71 billion. That’s unquestionably impressive, but Q4 in particular stands out of the crowd, as it was able to claim $2.91 billion of that, a gain of 34% year-over-year, and 10% over the previous month.

NVIDIA has its eggs in many baskets, but gaming continues to prove its most important business. It claimed $1.74B of the total $2.91B revenue in Q4, something undoubtedly aided by the ongoing cryptocurrency craze. It’s clear that NVIDIA, like AMD (NASDAQ: AMD), can’t produce enough graphics cards to please the masses, although the companies may need to worry about potential flooding of the market if crypto mining suddenly becomes less lucrative. There has been no sign of that happening thus far, despite recent dips (or crashes) in these digital coin markets.

NVIDIA’s automotive efforts yielded less financial gain in the final quarter, but year-over-year, NVIDIA comes out ahead. 2018 looks to be a massive year for the company’s self-driving initiatives, as we learned at CES. In other segments, such as proviz and datacenter, hikes have been seen from quarter-to-quarter all year. Let’s not overlook the massive gain seen on the datacenter side; 45.6% gains between Q2 and Q4. Volta might not be for gaming, but it’s sure making itself known in the datacenter.

You can read all of NVIDIA’s Q4 fiscal details here.