NVIDIA Announces Financial Results for Third Quarter Fiscal 2022

Non-GAAP
($ in millions, except earnings per share) Q3 FY22 Q2 FY22 Q3 FY21 Q/Q Y/Y
Revenue$7,103$6,507$4,726Up 9%Up 50%
Gross margin 67.0% 66.7% 65.5%Up 30 bpsUp 150 bps
Operating expenses$1,375$1,266$1,101Up 9%Up 25%
Operating income$3,386$3,071$1,993Up 10%Up 70%
Net income$2,973$2,623$1,834Up 13%Up 62%
Diluted earnings per share*$1.17$1.04$0.73Up 13%Up 60%

*All per share amounts presented herein have been retroactively adjusted to reflect the four-for-one stock split which was effective July 19, 2021.

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