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View PDF Report| Logo | Company | Ticker | Market Cap | Country | Key Achievements Insights |
|---|---|---|---|---|---|
| NVIDIA Corporation | NVDA | $4.49T | United States | Record Q3 data center revenue of $51.2 billion increased 66% year-over-year, a significant feat at NVIDIA's scale. Revenue of $57 billion was delivered, up 62% and a record sequential revenue growth of $10 billion or 22%. Networking business, now the largest in the world, generated revenue of $8.2 billion, up 162% year-over-year with NVLink, InfiniBand and Spectrum-X Ethernet all contributing to growth. GAAP gross margins were 73.4% and non-GAAP gross margins was 73.6%, exceeding the company's outlook. Gaming revenue reached $4.3 billion, up 30% year-on-year, driven by strong demand as Blackwell momentum continued. | |
| Alphabet Inc. | GOOG | $3.97T | United States | Alphabet delivered its first ever $100 billion quarter, with revenue doubling from $50 billion five years ago. Cloud backlog grew 46% quarter-over-quarter to $155 billion, reflecting accelerating growth driven by AI revenue. Gemini app reached over 650 million monthly active users, with queries increasing by 3x from Q2. YouTube maintained #1 position in U.S. streaming watch time for over two years, and its exclusive global NFL broadcast drew more than 19 million fans, setting a new record for concurrent viewers. Net income increased 33% to $35 billion, and earnings per share increased 35% to $2.87. | |
| Apple Inc. | AAPL | $3.81T | United States | Record quarterly revenue of $98.7 billion was reported, driven by strong demand across the iPhone and Services segments. The company achieved double-digit growth in Greater China and India, reflecting continued momentum in emerging markets. Gross margin expanded to 44.1%, representing the highest level in over a decade. Apple Services revenue reached an all-time high, supported by increased subscriptions and App Store performance. The company returned over $25 billion to shareholders through dividends and share repurchases during the quarter. | |
| Microsoft Corporation | MSFT | $3.56T | United States | Microsoft Cloud revenue surpassed $49 billion, up 26% year-over-year. Commercial bookings increased 112% and 111% in constant currency and were significantly ahead of expectations, driven by Azure commitments from OpenAI as well as continued growth in the number of $100 million-plus contracts for both Azure and M365. Operating margins increased year-over-year to 49% and were ahead of expectations with stronger-than-anticipated results and high-margin businesses this quarter. GitHub is now home to over 180 million developers and the platform is growing at the fastest rate in its history, adding a developer every second. Cloud migrations are accelerating, and in data and analytics, Fabric revenue grew 60%, which is faster than any other data and analytics platform in the industry. | |
| Meta Platforms, Inc. | META | $1.65T | United States | 3.5 billion people used at least one of Meta's apps every day, with Instagram reaching 3 billion monthly actives and Threads surpassing 150 million daily actives. Q3 total Family of Apps revenue was $50.8 billion, up 26% year-over-year, and ad revenue reached $50.1 billion, also up 26%. Reels achieved an annual run rate of over $50 billion, with video time spent on Instagram up more than 30% since last year. Meta's end-to-end AI-powered ad tools surpassed a $60 billion annual run rate, reflecting strong adoption and performance improvements. Within Reality Labs, Q3 revenue was $470 million, up 74% year-over-year, driven by retail partners stocking Quest headsets and strong AI glasses revenue. |
Record Q3 data center revenue of $51.2 billion increased 66% year-over-year, a significant feat at NVIDIA's scale.
Revenue of $57 billion was delivered, up 62% and a record sequential revenue growth of $10 billion or 22%.
Networking business, now the largest in the world, generated revenue of $8.2 billion, up 162% year-over-year with NVLink, InfiniBand and Spectrum-X Ethernet all contributing to growth.
GAAP gross margins were 73.4% and non-GAAP gross margins was 73.6%, exceeding the company's outlook.
Gaming revenue reached $4.3 billion, up 30% year-on-year, driven by strong demand as Blackwell momentum continued.
Alphabet delivered its first ever $100 billion quarter, with revenue doubling from $50 billion five years ago.
Cloud backlog grew 46% quarter-over-quarter to $155 billion, reflecting accelerating growth driven by AI revenue.
Gemini app reached over 650 million monthly active users, with queries increasing by 3x from Q2.
YouTube maintained #1 position in U.S. streaming watch time for over two years, and its exclusive global NFL broadcast drew more than 19 million fans, setting a new record for concurrent viewers.
Net income increased 33% to $35 billion, and earnings per share increased 35% to $2.87.
Record quarterly revenue of $98.7 billion was reported, driven by strong demand across the iPhone and Services segments.
The company achieved double-digit growth in Greater China and India, reflecting continued momentum in emerging markets.
Gross margin expanded to 44.1%, representing the highest level in over a decade.
Apple Services revenue reached an all-time high, supported by increased subscriptions and App Store performance.
The company returned over $25 billion to shareholders through dividends and share repurchases during the quarter.
Microsoft Cloud revenue surpassed $49 billion, up 26% year-over-year.
Commercial bookings increased 112% and 111% in constant currency and were significantly ahead of expectations, driven by Azure commitments from OpenAI as well as continued growth in the number of $100 million-plus contracts for both Azure and M365.
Operating margins increased year-over-year to 49% and were ahead of expectations with stronger-than-anticipated results and high-margin businesses this quarter.
GitHub is now home to over 180 million developers and the platform is growing at the fastest rate in its history, adding a developer every second.
Cloud migrations are accelerating, and in data and analytics, Fabric revenue grew 60%, which is faster than any other data and analytics platform in the industry.
3.5 billion people used at least one of Meta's apps every day, with Instagram reaching 3 billion monthly actives and Threads surpassing 150 million daily actives.
Q3 total Family of Apps revenue was $50.8 billion, up 26% year-over-year, and ad revenue reached $50.1 billion, also up 26%.
Reels achieved an annual run rate of over $50 billion, with video time spent on Instagram up more than 30% since last year.
Meta's end-to-end AI-powered ad tools surpassed a $60 billion annual run rate, reflecting strong adoption and performance improvements.
Within Reality Labs, Q3 revenue was $470 million, up 74% year-over-year, driven by retail partners stocking Quest headsets and strong AI glasses revenue.
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