NVIDIA reported a substantial rise in demand for its AI compute platforms as it released its financial results for the third quarter, posting record revenue of $57 billion.
The figure represents a 22% increase on the previous quarter and a 62% increase on the same period last year.
“Blackwell sales are off the charts, and Cloud GPUs are sold out,” said Jensen Huang, Founder and CEO of NVIDIA. “Compute demand keeps accelerating and compounding across training and inference – each growing exponentially. We’ve entered the virtuous cycle of AI. The AI ecosystem is scaling fast – with more new foundation model makers, more AI startups, across more industries, and in more countries. AI is going everywhere, doing everything, all at once.”
Data centre revenue rose to $51.2 billion, representing a 25% increase on the previous quarter, driven by accelerated deployment of Blackwell GPUs and expanding partnerships across Cloud and hyperscale environments. NVIDIA reported that Blackwell delivered 10x throughput per megawatt compared with the prior generation in SemiAnalysis InferenceMAX benchmarks.
During the period, the company:
- Formed a strategic agreement with OpenAI for at least 10GW of NVIDIA systems to support OpenAI’s next-generation AI infrastructure
- Partnered with Google Cloud, Microsoft, Oracle, and xAI on deployments involving hundreds of thousands of GPUs
- Announced that Anthropic would begin scaling on NVIDIA infrastructure, adopting 1GW of compute capacity built on Grace Blackwell and Vera Rubin systems
- Collaborated with Intel on custom data centre and PC products integrating NVIDIA NVLink
- Worked with Oracle to accelerate the US Department of Energy’s Solstice supercomputer, which would feature 100,000 Blackwell GPUs
- Celebrated the first Blackwell wafer produced at TSMC’s Arizona facility
- Introduced Rubin CPX and NVQLink, supporting quantum–classical integration for supercomputing centres
- Reported AI infrastructure initiatives in the UK, including a £2 billion investment, and in South Korea, where national partners were expected to deploy over a quarter-million GPUs
- Launched the Industrial AI Cloud with Deutsche Telekom
- Released BlueField-4 for next-generation AI data centre platforms
Automotive revenue increased to $592 million, supported by updates to the NVIDIA DRIVE AGX Hyperion 10 autonomous development platform and new robotics collaborations. NVIDIA announced work with robotic and manufacturing partners, including Agility Robotics, Amazon Robotics, and Foxconn, to advance physical AI in industrial settings.
For the fourth quarter of fiscal 2026, NVIDIA expects revenue of $65.0 billion, plus or minus 2%.
Kate Leaman, Chief Market Analyst at AvaTrade, offers the below reaction: “In an earnings season clouded by scepticism around tech valuations, NVIDIA’s Q3 2025 results seriously cut through the noise. With $57 billion in quarterly revenue and $31.9 billion in profit, NVIDIA didn’t just beat Wall Street expectations. It reminded investors why it sits at the very centre of the AI revolution.
“The star of the show was its data centre segment, which delivered $51 billion in sales, proof that Cloud giants like Amazon, Google, and Microsoft are still pouring billions into AI infrastructure. Far from pulling back, they’re doubling down. This effectively put all chatter about AI bubbles to bed, at least for today.
“CEO Jensen Huang described demand for NVIDIA’s Blackwell chips as ‘off the charts’, and the numbers back that up, with over $500 billion in related orders already booked through 2026. Rather than a bubble, this is a market racing ahead of supply.
“And in terms of forward guidance, Q4 revenue is guided at $65 billion. This indicates that the AI boom isn’t slowing – instead, it’s broadening. From Generative AI and autonomous driving to virtualised computing, NVIDIA is touching every layer of future tech. Even physical constraints like land and power are starting to show up as the next bottlenecks, rather than demand.
“Investor confidence surged post-earnings, with NVIDIA shares climbing after hours and lifting much of the tech sector with it. Analysts widely agree: Nvidia quelled doubts, renewed optimism, and gave fresh fuel to the AI-led rally powering through 2025.”
