Nvidia Reports Strong Financial Growth
Nvidia (NASDAQ: NVDA) has announced a remarkable 62% year-over-year increase in revenue for the first three quarters of its 2026 fiscal year, ending October 26, 2025. The company’s gross profit rose by 48% and net income saw a 52% jump. Nvidia’s stock rose 39% in 2025 amid high demand for its GPUs from AI companies, contributing to 90% of its recent quarter revenue coming from data center sales.
Looking ahead, Nvidia faces a significant order backlog of $500 billion anticipated through the end of 2026. As of now, the stock is trading at a price-to-earnings ratio of 46, prompting discussions on timing for potential investment. In comparison, competitor Advanced Micro Devices trades at a P/E ratio of 106, making Nvidia appear relatively more affordable.
