The most important earnings report of 2024 just dropped and we need to talk about it. Welcome back to the five minute peel eeps. My name is David and of course today we are breaking down Nvidia. I have ruined my entire evening last night and morning today by breaking this down and reading every word along that thing. So stay tuned to the very end for our rating on Nvidia, their latest earnings report and what's going to happen going forward. All right, you guys know how this goes already, I'm going to pull up and share my screen, and what's going to happen going forward.

All right, you guys know how this goes already.

I'm going to pull up and share my screen, and we're going to break down everything Invidia.

This company, it's ridiculous.

They're like, we all had that person at her high school.

That was the, you know, they were a straight-A student, captain of the football team,

president of the debate club, probably went to Harvard and then Stanford, and then they cured cancer and won

the Super Bowl in the same year. Now they're coming to steal my girlfriend. That is Nvidia.

Invidia is just the corporate version of that person. And the fundamental performance has been

absolutely ridiculous. So we're just wondering at this point, where is the limit? Every company

has a limit. Where the hell is it for this company? If there even is one, maybe we're starting to see something really truly significantly new with InVideo. Okay. So the company's stock price is already up about 10% on the day. So that renders this completely inaccurate. Probably closer to about $2.4, $2.5, $2.6 trillion as of right now.

More than tripled over the past year, and it's not difficult to understand why when we

break down the fundamentals. Revenue more than tripled to $26 billion on the year, growing

about 18% quarterly, smashing analyst expectations. Gross margins also hit an all-time high

at about 75%. Operating margins followed the same trajectory

at 65%, setting margin records, revenue records. Completely fucking ridiculous right here. Operating

cash flow joined in on the party as well, going to 15.3 billion, more than 5xing over the past

year about 427%. Net income followed a very similar trajectory. There are two completely ridiculous

growth at 14.8, 14..9 billion more than 5xing over the past year that translates to a gap EPS of $5.98 a share more than once again more than six Xing over the past year actually seven Xing 629% that's more than 7x right there and it's higher than the net income growth because they have been buying max shares as well. Gaming revenue was really the only sore spot of the report coming into 2.6 billion or an 8% decline quarter over quarter, but still ridiculous growth compared to the prior year. Free cash flow came in at an insane $14.9 just under $15 billion, also more than 5xing on the year as well.

And the company has a free cash flow to net income ratio of just over 100%.

Completely ridiculous.

You absolutely love to see it.

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