Nvidia
Quarterly revenue
Key Insight
Nvidia posted $68.1B of revenue in Q4 2025, up +73% YoY from $39.33B and roughly 10x the $7.19B it printed in Q1 2023 — meaning Nvidia has added more quarterly revenue in three years than it did in its prior 30 years combined, and growth is still accelerating sequentially.
$68.1B
Trend YoY growth is +112.0%, accelerating by 12.2 pp/year over the last 6Y. Deviations have remained below trend for 6 consecutive periods. Latest: +73.2%, 38.9 pp below trend, a 0.54σ deviation. The latest YoY reading is boosted by 21.9 pp due to an easy comparison base from Oct 1.
Level
YoY %
y = 42.1% + 12.2 pp/yr · t
Deviation from trend
Forecast
Projected value by forecast vintage ($B)
Projected value ($B)
| Forecast made in | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | MAPE |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 '25 | $44.1B | $83.3B | $101.7B | $119.0B | $138.9B | $153.1B | $193.9B | $240.2B | $507.5B | 200% |
| Q2 '25 | $46.7B | $85.7B | $98.8B | $113.7B | $123.7B | $154.8B | $189.6B | $324.3B | 119% | |
| Q3 '25 | $57.0B | $81.5B | $91.3B | $96.8B | $118.1B | $141.2B | $189.2B | 46% | ||
| Q4 '25 | $68.1B | $74.4B | $75.6B | $88.3B | $100.6B | $104.5B | ||||
| Q1 '26 | $74.4B | $75.6B | $88.3B | $100.6B | $104.5B |
YoY change forecast
| Forecast made in | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | MAPE |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 '25 | +69.2% | +177.4% | +189.9% | +202.6% | +215.2% | +227.6% | +240.1% | +252.8% | +265.4% | 200% |
| Q2 '25 | +55.6% | +144.4% | +151.2% | +158.0% | +164.7% | +171.5% | +178.4% | +185.2% | 119% | |
| Q3 '25 | +62.5% | +107.1% | +107.1% | +107.2% | +107.2% | +107.3% | +107.3% | 46% | ||
| Q4 '25 | +73.2% | +68.8% | +61.8% | +54.8% | +47.7% | +40.6% | ||||
| Q1 '26 | +68.8% | +61.8% | +54.8% | +47.7% | +40.6% |
Forecasts use ordinary least-squares linear regression fitted to the YoY change series over a rolling 3Y window. Each row shows a vintage — the forecast as it would have appeared at that point in time. Projected values apply the forecasted YoY change to the prior year's level, chaining forward where actuals are unavailable. MAPE measures forecast accuracy against realized values. These are mechanical trend extrapolations, not economic models.