NVIDIA's Q4 FY2025 results highlight a remarkable year of growth, driven by its Data Center segment and AI-focused solutions. Revenue for fiscal year 2025 reached $130.5 billion, representing a 114% increase year-over-year. This growth was primarily fueled by the Data Center segment, which saw a 142% year-over-year increase in revenue, driven by strong demand for the Hopper architecture and the introduction of the Blackwell architecture in Q4 FY2025. Gaming revenue also grew by 9%, while Professional Visualization and Automotive revenues increased by 21% and 55%, respectively.
Gross margin for FY2025 improved to 75.0%, up from 72.7% in FY2024, reflecting a higher mix of Data Center revenue. Operating income surged by 147% year-over-year to $81.5 billion, while net income more than doubled, reaching $72.9 billion, a 145% increase. These results underscore NVIDIA's ability to capitalize on the growing demand for AI and accelerated computing solutions.
The Compute & Networking segment was the primary driver of NVIDIA's growth, with revenue increasing by 145% year-over-year to $116.2 billion. This was largely due to the success of the Hopper architecture and the ramp-up of Blackwell systems. Graphics revenue also grew by 6% to $14.3 billion, supported by strong sales of GeForce RTX 40 Series GPUs.
NVIDIA's Q4 FY2025 results also reflect strong geographic diversification. Revenue from the United States accounted for $61.3 billion, or 47% of total revenue, while Singapore, Taiwan, and China contributed significantly, with revenues of $23.7 billion, $20.6 billion, and $17.1 billion, respectively. This highlights the company's global reach and its ability to serve diverse markets.
Operating expenses for FY2025 increased by 45% year-over-year to $16.4 billion, driven by higher compensation and benefits expenses, as well as investments in engineering development and infrastructure for new product introductions. Despite this increase, NVIDIA maintained strong profitability, with an operating margin of 62.4% for the year.
NVIDIA's cash flow from operating activities reached $64.1 billion in FY2025, a significant increase from $28.1 billion in FY2024. This growth was driven by strong revenue performance, partially offset by advanced payments on supply agreements. The company ended the year with $8.6 billion in cash and cash equivalents, underscoring its strong liquidity position.
The Data Center segment continues to be the cornerstone of NVIDIA's growth, with revenue for FY2025 increasing by 162% year-over-year. This was driven by demand for accelerated computing platforms like Hopper and Blackwell, which are used for large language models, recommendation engines, and generative AI applications. Networking revenue within the Data Center segment also grew by 51%, supported by Ethernet for AI solutions.
NVIDIA's focus on innovation and product transitions has positioned it as a leader in AI and accelerated computing. The company successfully introduced the Blackwell architecture in Q4 FY2025 and plans to ramp up production in FY2026. This strategy aligns with the growing demand for advanced AI solutions and positions NVIDIA for sustained growth in the coming years.