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Nvidia Q1 2021 Financial Result

NVIDIA's Q1 2021 Fiscal period

Earnings Call - May 21st @ 5:30pm ET / 2:30pm PT


Press Release

Revenue Trend

Financial Statements


CEO Comments

“As the world battles COVID-19, we salute the first responders, healthcare workers, and service workers who courageously step in harm’s way to save lives and keep the world going,” Huang said. “We also thank the scientists around the world racing to find a vaccine for COVID-19.
“NVIDIA had an excellent quarter. The acquisition of Mellanox expands our cloud and data center opportunity. We raised the bar for AI computing with the launch and shipment of our Ampere GPU. And our digital GTC conference attracted a record number of developers, highlighting the accelerating adoption of NVIDIA GPU computing.
“Our Data Center business achieved a record and its first $1 billion quarter. NVIDIA is well positioned to advance the most powerful technology forces of our time – cloud computing and AI,” he said.


  • Total Revenue is $3.080 billion up 39% YoY and Down 1% QoQ
  • Gross Margin is at 65.1% (up 670 bps YoY and Up 20 bps QoQ)
  • GAAP EPS $1.47 (up 130% YoY and Down 4% QoQ)

Revenue by Market

Segment Fiscal Q1 2021 Fiscal Q1 2020 % YoY Growth
Gaming $1,339M $1,055M +27%
Professional Visualization $307M $266M +15%
Datacenter $1,141M $634M +80%
Automotive $155M $166M -7%
OEM & IP $138M $99M +39%
Total $3,080M $2,220M +39%

  • Gaming segments accounts for approx 43% of total revenue and it's growing 27% YoY and down 10% Sequentially. The year-on-year increase reflects higher sales across our major gaming products. The sequential decrease reflects seasonally lower sales of GeForce desktop GPUs for gaming, partially offset by higher sales of SoCs for gaming platforms and GeForce laptop GPUs.
  • Professional Visualization revenue for the first quarter was $307 million, up 15 percent from a year earlier and down 7 percent sequentially. The year-on-year growth reflects strength in laptop and desktop workstations. The sequential decrease was driven by lower sales of desktop workstations, partially offset by strength in laptop workstations.
  • Data Center record revenue for the first quarter was $1.14 billion, up 80 percent from a year ago and up 18 percent sequentially, driven by higher vertical industries and hyperscale demand
  • Graphics segment revenue for the first quarter was $1.91 billion, up 25 percent from a year earlier and down 9 percent sequentially.
  • Compute & Networking segment revenue for the first quarter was $1.17 billion, up 69 percent from a year ago and up 15 percent sequentially.
  • In the first quarter, we paid dividends of $98 million. Due to the current market uncertainties, we are evaluating the timing of resuming share repurchases and will remain nimble based on market conditions. We are currently authorized to repurchase up to $7.24 billion through December 2022. We remain committed to paying quarterly dividends.
Recent Highlights
Since the end of the third quarter, NVIDIA has achieved progress in these areas:
  • First-quarter revenue was $1.34 billion, down 10 percent sequentially and up 27 percent from a year earlier.
  • Launched Minecraft with RTX as an open beta on Windows 10, bringing real-time ray tracing, more realistic materials and DLSS 2.0 to the world’s best-selling videogame.
  • Announced the release of more than 100 new laptop models powered by NVIDIA GeForce® GPUs, bringing the RTX 2080 SUPER™ and RTX 2070 SUPER high-end GPUs to laptops for the first time, and enabling RTX 2060 laptop price points as low as $999 for a mass market audience.
  • Expanded the RTX Studio lineup with 10 new laptops from Acer, Gigabyte, MSI and Razer, powered by new GeForce RTX SUPER GPUs.
  • Released DLSS 2.0, the second generation of its deep learning neural network, which allows gamers on RTX GPUs to boost frame rates as much as two times and increase image resolution for supported games.
  • Expanded NVIDIA GeForce NOW™, which provides access to 650 games, with 1,500 more waiting to get on board, and has added 2 million users since going live in February.
Data Center and Edge Computing
  • First-quarter revenue was $1.14 billion, up 18 percent sequentially and up 80 percent from a year earlier.
  • Introduced the NVIDIA A100™ data center GPU, the first based on the new NVIDIA Ampere architecture, now in full production and shipping worldwide.
  • Launched the NVIDIA DGX A100™ – a 5-petaflops AI system that delivers elastic, software-defined data center infrastructure for the most demanding workloads – with the first system being used by Argonne National Laboratory on COVID-19 research.
  • Introduced two products for the NVIDIA EGX™ Edge AI platform — the EGX A100 for larger commercial off-the-shelf servers – combining the latest A100 GPU and Mellanox SmartNIC technology — and the EGX Jetson Xavier NX for micro-edge servers.
  • Released NVIDIA Jarvis™, an application framework enabling companies to offer real-time language-based AI services customized for their own industry, products and customers.
  • Collaborated with the open-source community to bring end-to-end GPU acceleration to Apache Spark 3.0, the world’s largest data analytics platform used by more than 500,000 data scientists.
  • Announced NVIDIA Merlin™, an application framework that democratizes AI-based deep recommender systems.
  • Launched the Mellanox ConnectX-6® Lx SmartNIC – a highly secure, efficient 25/50 gigabit per second Ethernet smart network interface controller.
Professional Visualization
  • First-quarter revenue was $307 million, down 7 percent sequentially and up 15 percent from a year earlier.
  • Powered Autodesk’s latest 3D visualization software, VRED 2021, with NVIDIA Quadro RTX — giving designers the ability to create with interactive ray tracing and AI-powered denoising.
  • Accelerated Altair’s AccuSolve and TheaRender engineering software with NVIDIA CUDA to speed the creation of high-quality simulations.
  • Brought Quadro professional graphics to HP’s ZBook Create and ZBook Studio mobile workstation lineup, offering outstanding performance, mobility and reliability to creatives.
  • First-quarter revenue was $155 million, down 5 percent sequentially and down 7 percent from a year earlier.
  • Announced that the Xpeng P7 all-electric sports sedan, with production deliveries beginning next month, uses the NVIDIA DRIVE AGX platform and DRIVE OS software to deliver level 3 automated driving.
COVID-19 Efforts

Q2 Fiscal Year 2021 Outlook

  • Revenue = $3.65 billion (plus minus 2%)
  • GAAP Gross Margin = 58.6%. Non-GAAP GM = 66% (plus minus 50 bps)
submitted by Nestledrink to nvidia

Problems installing Thea Render plugin to R17.016 on WIN 10 edu. Please help!

I'm running C4D Studio R17.016 on a Windows 10 edu workstation. Not sure if I'm missing some crucial detail but I can't seem to install Thea to Cinema.
Thea Render doesn't show up under the plugins tab regardless of whether I place the Thea plugin in the "C:\Users\Name\AppData\Roaming\MAXON\CINEMA 4D R17" folder or in the Root installation folder. I just recently moved over from OS X so please let me know if there's a trick to this.
submitted by texturerama to Cinema4D

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