We're literally in fiscal year 2025. The report also calls it fiscal year 2025.
Fiscal years are about when you'll pay tax. This is Q1 of four quarters to be reported before Nvidia pays tax in 2025.
Fiscal years are about when you'll pay tax. This is Q1 of four quarters to be reported before Nvidia pays tax in 2025.
To demonstrate: The earnings Microsoft reported for this same quarter (calendar Q1 2024) a month ago were reported as their Q3 2024 fiscal year results. Apple's were fiscal Q2 2024. Google's were fiscal Q1 2024.
> Financial reports, external audits, and federal tax filings are based on a company's fiscal year.
And while the fiscal year affects when the company needs to file a tax return, that's not when the company pays taxes which is what the GP claimed. They make estimated payments continuously, once per quarter.