NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2022

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

Fiscal 2022 Summary

GAAP
($ in millions, except earnings per share) FY22 FY21 Y/Y
Revenue$26,914 $16,675 Up 61%
Gross margin 64.9% 62.3%Up 260 bps
Operating expenses$7,434 $5,864 Up 27%
Operating income$10,041 $4,532 Up 122%
Net income$9,752 $4,332 Up 125%
Diluted earnings per share*$3.85 $1.73 Up 123%


Non-GAAP
($ in millions, except earnings per share) FY22 FY21 Y/Y
Revenue $26,914   $16,675   Up 61%
Gross margin   66.8 %   65.6 % Up 120 bps
Operating expenses $5,279   $4,144   Up 27%
Operating income $12,690   $6,803   Up 87%
Net income $11,259   $6,277   Up 79%
Diluted earnings per share* $4.44   $2.50   Up 78%

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