NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2020

GAAP
($ in millions except earnings per share) FY20 FY19 Y/Y
Revenue$10,918$11,716Down 7%
Gross margin62.0%61.2%Up 80 bps
Operating expenses$3,922$3,367Up 16%
Operating income$2,846$3,804Down 25%
Net income$2,796$4,141Down 32%
Diluted earnings per share$4.52$6.63Down 32%


Non-GAAP
($ in millions except earnings per share) FY20 FY19 Y/Y
Revenue$10,918$11,716Down 7%
Gross margin62.5%61.7%Up 80 bps
Operating expenses$3,086$2,826Up 9%
Operating income$3,735$4,407Down 15%
Net income$3,580$4,143Down 14%
Diluted earnings per share$5.79$6.64 Down 13%

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