A	B	C	D	E	F	G	H	I	J	K	L	M	N	O	P	Q	R	S
1	Main
2			1/31/2021	5/2/2021	7/31/2021	10/31/2021	1/30/2022	5/1/2022	7/31/2022	10/30/2022	1/29/2023	4/30/2023	7/31/2023	10/29/2023	1/29/2024	4/30/2024	7/31/2024	10/29/2024	1/29/2025
3			Q421	Q122	Q222	Q322	Q422	Q123	Q223	Q323	Q423	Q124	Q224	Q324	Q424	Q125	Q225	Q325	Q425
4		Meta											16	25	75	75	60	50	50
5		Google											15	25	25	25	25	25	25
6		GCP											15	25	50	50	50	50	50
7		OpenAI											25	25	50	50	50	50	50
8		Microsoft											16	20	25	25	25	25	25
9		Azure											25	30	75	100	100	100	100
10		Character.ai											6	5	0	0	0	0	0
11		AWS											15	30	40	100	100	100	100
12		Amazon AI											7	25	25	25	25	25	25
13		Lambda											10	20	20	25	25	25	25
14		Coreweave											10	20	20	25	25	25	25
15		Tesla											6	5	0	0	0	0	0
16		Baidu											5	5	0	0	0	0	0
17		Academics											25	30	35	50	50	50	50
18		Government											25	30	35	50	50	50	50
19		Tencent											5	5	0	0	0	0	0
20		Oracle											15	20	20	50	50	50	50
21		IBM											5	5	5	50	50	50	50
22		Anthropic											6	5	0	0	0	0	0
23		Bytedance											6	5	0	0	0	0	0
24		Total											258	360	500	700	685	675	675
25
26		H100 volume											258.075	362.85	450
27		H100 ASP											40	40	40	40
28
29		Other								73		77	66	73	73
30		Visualization		372			643	622	496	200	226	295	379	416	463
31		Automotive		154			125	138	220	251	294	296	253	261	281
32		Data Center		2050	2370	2940	3260	3750	3810	3833	3620	4284	10323	14514	18386	28000
33		Gaming		2760			3420	3620	2040	1574	1830	2240	2486	2856	2900
34		Revenue	5003	5661	6507	7103	7643	8288	6704	5931	6051	7192	13507	18120	22103	28000	0	0	0
35		COGS	1846	2032	2292		2644	2857	3789	2754		2544	4045	4720	5312
36		Gross Margin	3157	3629	4215		4999	5431	2915	3177		4648	9462	13400	16791
37		R&D	1147	1153	1245		1466	1618	1824	1945		1875	2040	2294	2465
38		SG&A	503	520	526		563	592	592	631		633	622	689	711
39		Operating Expenses	1650	1673	1771		2029	2210	2416	2576		2508	2662	2983	3176
40		Operating Income	1507	1956	2444		2970	3221	499	601		2140	6800	10417	13615
41		Interest	-37	88	-50		-105	-63	-24	12		69	181	105	491
42		Pretax Income	1470	2044	2394		2865	3158	475	613		2209	6981	10522	14106
43		Taxes	13	132	20		-138	187	-181	-67		166	793	1279	1821
44		Net Income	1457	1912	2374		3003	2971	656	680		2043	6188	9243	12285
45		EPS	0.5772583201267829	0.7563291139240507	0.9375987361769352		1.1799607072691551	1.1710681907765077	0.26073131955484896	0.272108843537415		0.8204819277108434	2.4761904761904763	3.706094627105052	4.933734939759036
46		Shares	2524	2528	2532		2545	2537	2516	2499		2490	2499	2494	2490
47
48		Revenue y/y					0.5276833899660205	0.46405228758169925	0.030275088366374714	-0.16500070392791777	-0.20829517205285886	-0.13223938223938225	1.0147673031026252	2.055134041476985	2.6527846636919516
49		Revenue q/q		0.13152108734759138	0.14944356120826718	0.09159366835715388	0.07602421512037161	0.08439094596362695	-0.19111969111969107	-0.11530429594272074	0.020232675771370667	0.1885638737398776	0.8780589543937709	0.3415266158288295	0.21981236203090515
50		Data Center q/q			0.15609756097560967	0.240506329113924	0.10884353741496589	0.1503067484662577	0.016000000000000014	0.0060367454068241955	-0.055570049569527824	0.183425414364641	1.4096638655462184	0.40598663179308336	0.2667769050571862
51		Gross Margin	0.6310213871676994	0.6410528175234057	0.6477639465191333		0.6540625408870863	0.655284749034749	0.4348150357995227	0.5356600910470409		0.646273637374861	0.7005256533649219	0.739514348785872	0.759670632945754
52		Data Center %	0	0.362126832715068	0.36422314430613184	0.4139096156553569	0.4265340834750752	0.45246138996138996	0.5683174224343676	0.6462653852638678	0.5982482234341431	0.5956618464961068	0.7642703783223513	0.8009933774834437	0.831832782880152
53
54
55		Cash										15320	16023	18281
56		AR										4080	7066	8309
57		Inventories										4611	4319	4779
58		Prepaids										872	1389	1289
59		PP&E										3740	3799	3844
60		Lease										1094	1235	1316
61		Goodwill										5971	5825	5681
62		Taxes										4568	5398	5982
63		OA										4204	4501	4667
64		Assets										44460	49555	54148
65
66		AP										1141	1929	2380
67		AL										4869	7156	5472
68		Debt										10954	9705	9706
69		Leases										939	1041	1091
70		OLTL										2037	2223	2234
71		SE										24520	27501	33265
72		L+SE										44460	49555	54148
73
74		Net Income										2043	6188	9243
75		SBC										735	841	979
76		D&A										384	365	372
77		Investments										14	-59	69
78		DT										-1135	-746	-530
79		Other										-34	-68	-68
80		WC										904	-174	-2733
81		CFFO										2911	6347	7332
82
83		Securities										-510	-157	-2892
84		CapEx										-248	-289	-278
85		Acquisitions										-83	0	0
86		CFFI										-841	-446	-3170
87
88		ESOP										246	1	156
89		RSUs										-507	-672	-763
90		Dividends										-99	-100	-97
91		Buyback										0	-3067	-3807
92		Debt										0	-1250	0
93		PP&E payments										-20	-11	-13
94		CFFF										-380	-5099	-4524
95		CIC										1690	802	-362
96
97		DSO										51.0567296996663	47.0822536462575	41.269867549668874