Arm Holdings plc American Depositary Shares(ARM)Earnings, Financials & Key Ratios
ARM•NASDAQ
$208.84
$220.74B mkt cap·278.5× P/E·Price updated May 6, 2026
AboutArm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers rely on to develop products. It offers microprocessors, systems intellectual property (IPs), graphics processing units, physical IP and associated systems IPs, software, tools, and other related services. Its products are used in various markets, such as automotive, computing infrastructure, consumer technologies, and Internet of things. The company operates in the United States, the People's Republic of China, Taiwan, South Korea, and internationally. The company was founded in 1990 and is headquartered in Cambridge, the United Kingdom. Arm Holdings plc operates as a subsidiary of Kronos II LLC.Show more
- Revenue$4.01B+23.9%
- EBITDA$1.01B+286.9%
- Net Income$792M+158.8%
- EPS (Diluted)0.75+158.6%
- Gross Margin94.86%+2.3%
- EBITDA Margin25.2%+212.2%
- Operating Margin20.64%+574.0%
- Net Margin19.77%+108.8%
- ROE13.05%+99.4%
- ROIC14.25%+505.7%
- Debt/Equity0.05+22.0%
ARM Key Insights
Arm Holdings plc American Depositary Shares (ARM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Momentum leader: RS Rating 92 (top 8%)
- ✓Healthy 5Y average net margin of 17.3%
✗Weaknesses
- ✗Expensive at 32.5x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
ARM Price & Volume
Arm Holdings plc American Depositary Shares (ARM) stock price & volume — 10-year historical chart
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ARM Growth Metrics
Arm Holdings plc American Depositary Shares (ARM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years14.02%
TTM24.81%
Profit CAGR
10 Years-
5 Years-
3 Years12.99%
TTM29.49%
EPS CAGR
10 Years-
5 Years-
3 Years11.57%
TTM29.37%
Return on Capital
10 Years9.8%
5 Years9.8%
3 Years8.63%
Last Year11.47%
ARM Recent Earnings
Arm Holdings plc American Depositary Shares (ARM) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (80%)●Beat Revenue 8/12 qtrs (80%)
Q1 2026Latest
Feb 4, 2026EPS
$0.43
Est $0.41
+4.9%
Revenue
$1.2B
Est $1.2B
+1.2%
Q4 2025
Nov 5, 2025EPS
$0.15
Est $0.33
-54.4%
Revenue
$1.1B
Est $1.1B
+1.6%
Q3 2025
Jul 30, 2025EPS
$0.35
Est $0.35
+0.3%
Revenue
$1.1B
Est $1.1B
-0.8%
Q2 2025
May 7, 2025EPS
$0.55
Est $0.53
+4.8%
Revenue
$1.2B
Est $1.1B
+16.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 4, 2026 | $0.43vs $0.41+4.9% | $1.2Bvs $1.2B+1.2% |
| Q4 2025 | Nov 5, 2025 | $0.15vs $0.33-54.4% | $1.1Bvs $1.1B+1.6% |
| Q3 2025 | Jul 30, 2025 | $0.35vs $0.35+0.3% | $1.1Bvs $1.1B-0.8% |
| Q2 2025 | May 7, 2025 | $0.55vs $0.53+4.8% | $1.2Bvs $1.1B+16.9% |
Based on last 12 quarters of dataView full earnings history →
ARM Peer Comparison
Arm Holdings plc American Depositary Shares (ARM) competitors in Chip Design Software and IP — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CEVA | 809.85M | 33.72 | -91.14 | 9.77% | -10.49% | -4.2% | 0.06% | 0.02 |
 SNPS | 96.25B | 502.76 | 62.53 | 15.12% | 13.75% | 3.6% | 1.4% | 0.50 |
 CDNS | 97.63B | 353.63 | 87.10 | 14.12% | 20.94% | 21.68% | 1.63% | 0.45 |
 QCOM | 196.63B | 186.56 | 37.24 | 13.66% | 22.31% | 40.19% | 6.52% | 0.77 |
 INTC | 543.17B | 108.18 | -1836.67 | -0.47% | -5.9% | -2.68% | 0.37 | |
 AMD | 579.22B | 355.26 | 134.06 | 34.34% | 13.37% | 8.08% | 1.16% | 0.07 |
 NVDA | 4.78T | 196.50 | 40.10 | 65.47% | 55.6% | 76.33% | 2.02% | 0.07 |
 MRVL | 146.14B | 168.75 | 54.97 | 42.09% | 32.58% | 19.38% | 0.96% | 0.31 |
Compare ARM vs Peers
Arm Holdings plc American Depositary Shares (ARM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ARM Income Statement
Arm Holdings plc American Depositary Shares (ARM) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 2.7B | 2.68B | 3.23B | 4.01B | 4.41B |
| Revenue Growth % | - | -0.89% | 20.68% | 23.94% | 24.81% |
| Cost of Goods Sold | 220M | 195M | 234M | 206M | 193M |
| COGS % of Revenue | 8.14% | 7.28% | 7.24% | 5.14% | - |
| Gross Profit | 2.48B▲ 0% | 2.48B▲ 0.0% | 3B▲ 20.7% | 3.8B▲ 26.7% | 4.22B▲ 0% |
| Gross Margin % | 91.86% | 92.72% | 92.76% | 94.86% | 95.63% |
| Gross Profit Growth % | - | 0.04% | 20.73% | 26.74% | - |
| Operating Expenses | 1.8B | 1.81B | 2.9B | 2.97B | 3.36B |
| OpEx % of Revenue | 66.7% | 67.41% | 89.7% | 74.22% | - |
| Selling, General & Admin | 858M | 726M | 968M | 965M | 940M |
| SG&A % of Revenue | 31.74% | 27.1% | 29.94% | 24.08% | - |
| Research & Development | 945M | 1.08B | 1.93B | 2.01B | 2.42B |
| R&D % of Revenue | 34.96% | 40.31% | 59.76% | 50.14% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 680M▲ 0% | 678M▼ 0.3% | 99M▼ 85.4% | 827M▲ 735.4% | 855M▲ 0% |
| Operating Margin % | 25.16% | 25.31% | 3.06% | 20.64% | 19.38% |
| Operating Income Growth % | - | -0.29% | -85.4% | 735.35% | - |
| EBITDA | 856.5M | 848.2M | 261M | 1.01B | 1.07B |
| EBITDA Margin % | 31.69% | 31.66% | 8.07% | 25.2% | 24.16% |
| EBITDA Growth % | - | -0.97% | -69.23% | 286.93% | 86.04% |
| D&A (Non-Cash Add-back) | 176.5M | 170.2M | 162M | 182.9M | 211M |
| EBIT | 786M | 671M | 212M | 720M | 860M |
| Net Interest Income | 2M | 42M | 110M | 116M | 109M |
| Interest Income | 2M | 42M | 110M | 116M | 109M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 106M | -7M | 113M | -107M | 5M |
| Pretax Income | 786M▲ 0% | 671M▼ 14.6% | 212M▼ 68.4% | 720M▲ 239.6% | 860M▲ 0% |
| Pretax Margin % | 29.08% | 25.05% | 6.56% | 17.97% | 19.49% |
| Income Tax | 110M | 147M | -94M | -72M | 30M |
| Effective Tax Rate % | 13.99% | 21.91% | -44.34% | -10% | 3.49% |
| Net Income | 549M▲ 0% | 524M▼ 4.6% | 306M▼ 41.6% | 792M▲ 158.8% | 830M▲ 0% |
| Net Margin % | 20.31% | 19.56% | 9.46% | 19.77% | 18.81% |
| Net Income Growth % | - | -4.55% | -41.6% | 158.82% | 29.49% |
| Net Income (Continuing) | 676M | 524M | 306M | 792M | 830M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.54▲ 0% | 0.51▼ 5.6% | 0.29▼ 43.1% | 0.75▲ 158.6% | 0.78▲ 0% |
| EPS Growth % | - | -5.56% | -43.14% | 158.62% | 29.37% |
| EPS (Basic) | 0.54 | 0.51 | 0.30 | 0.75 | - |
| Diluted Shares Outstanding | 1.03B | 1.03B | 1.04B | 1.06B | 1.07B |
| Basic Shares Outstanding | 1.03B | 1.03B | 1.03B | 1.05B | 1.08B |
| Dividend Payout Ratio | - | - | - | - | - |
ARM Balance Sheet
Arm Holdings plc American Depositary Shares (ARM) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 3.09B | 3.54B | 4.2B | 4.83B | 5.37B |
| Cash & Short-Term Investments | 1.64B | 2.21B | 2.92B | 2.83B | 3.26B |
| Cash Only | 1B | 1.55B | 1.92B | 2.08B | 2.52B |
| Short-Term Investments | 631M | 661M | 1B | 740M | 740M |
| Accounts Receivable | 1.29B | 1.17B | 1.13B | 1.9B | 1.98B |
| Days Sales Outstanding | 174.2 | 158.73 | 127.46 | 172.89 | 157.56 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - |
| Other Current Assets | 167M | 157M | 145M | 0 | 0 |
| Total Non-Current Assets | 3.42B | 3.33B | 3.73B | 4.1B | 4.34B |
| Property, Plant & Equipment | 417M | 391M | 420M | 714M | 1.01B |
| Fixed Asset Turnover | 6.48x | 6.85x | 7.70x | 5.61x | 5.52x |
| Goodwill | 1.64B | 1.62B | 1.63B | 1.62B | 1.63B |
| Intangible Assets | 205M | 138M | 152M | 151M | 245M |
| Long-Term Investments | 765M | 753.9M | 773.4M | 962.8M | 4.06B |
| Other Non-Current Assets | 260M | 287.1M | 477.6M | 253.2M | 654.8M |
| Total Assets | 6.51B▲ 0% | 6.87B▲ 5.5% | 7.93B▲ 15.5% | 8.93B▲ 12.7% | 9.71B▲ 0% |
| Asset Turnover | 0.42x | 0.39x | 0.41x | 0.45x | 0.48x |
| Asset Growth % | - | 5.47% | 15.45% | 12.68% | 71.4% |
| Total Current Liabilities | 1.4B | 1.36B | 1.5B | 929M | 960M |
| Accounts Payable | 57M | 65M | 26M | 63M | 67M |
| Days Payables Outstanding | 94.57 | 121.67 | 40.56 | 111.63 | 128.13 |
| Short-Term Debt | 31M | 26M | 32M | 40M | 56M |
| Deferred Revenue (Current) | 334M | 293M | 198M | 209M | 940M |
| Other Current Liabilities | 202M | 228M | 130M | 153M | 181M |
| Current Ratio | 2.22x | 2.60x | 2.79x | 5.20x | 5.20x |
| Quick Ratio | 2.22x | 2.60x | 2.79x | 5.20x | 5.20x |
| Cash Conversion Cycle | - | - | - | - | 29.43 |
| Total Non-Current Liabilities | 1.57B | 1.45B | 1.13B | 1.16B | 1.34B |
| Long-Term Debt | 0 | 0 | 0 | 0 | 373M |
| Capital Lease Obligations | 230M | 193M | 194M | 316M | 1.26B |
| Deferred Tax Liabilities | 279M | 262M | 150.5M | 42.6M | 247.6M |
| Other Non-Current Liabilities | 266M | 190M | 65.5M | 103.4M | 253.4M |
| Total Liabilities | 2.96B | 2.81B | 2.63B | 2.09B | 2.3B |
| Total Debt | 261M | 219M | 226M | 356M | 802M |
| Net Debt | -743M | -1.33B | -1.7B | -1.73B | -1.72B |
| Debt / Equity | 0.07x | 0.05x | 0.04x | 0.05x | 0.05x |
| Debt / EBITDA | 0.30x | 0.26x | 0.87x | 0.35x | 0.75x |
| Net Debt / EBITDA | -0.87x | -1.57x | -6.50x | -1.71x | -1.71x |
| Interest Coverage | - | - | - | - | - |
| Total Equity | 3.55B▲ 0% | 4.05B▲ 14.2% | 5.29B▲ 30.7% | 6.84B▲ 29.2% | 7.41B▲ 0% |
| Equity Growth % | - | 14.18% | 30.71% | 29.16% | 104.37% |
| Book Value per Share | 3.46 | 3.95 | 5.07 | 6.43 | 6.93 |
| Total Shareholders' Equity | 3.55B | 4.05B | 5.29B | 6.84B | 7.41B |
| Common Stock | 2M | 2M | 2M | 2M | 2M |
| Retained Earnings | 1.93B | 2.46B | 2.75B | 3.54B | 3.91B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 399M | 376M | 371M | 372M | 393M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
ARM Cash Flow Statement
Arm Holdings plc American Depositary Shares (ARM) cash flow — operating, investing & free cash flow history
| Line item | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | 458M | 739M | 1.09B | 397M | 397M |
| Operating CF Margin % | 16.94% | 27.58% | 33.71% | 9.91% | - |
| Operating CF Growth % | - | 61.35% | 47.5% | -63.58% | 9539.62% |
| Net Income | 549M | 524M | 306M | 792M | 830M |
| Depreciation & Amortization | 185M | 170M | 162M | 182.9M | 211M |
| Stock-Based Compensation | 26M | 79M | 1.04B | 0 | 926M |
| Deferred Taxes | -76M | -34M | -273M | -218M | -221M |
| Other Non-Cash Items | -38M | 73M | 53M | 1.11B | 188M |
| Working Capital Changes | -188M | -73M | -195M | -1.47B | -354M |
| Change in Receivables | -219M | 125M | -89M | -743M | -286M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -619M | -138M | -516M | -35M | -212M |
| Capital Expenditures | -75M | -93M | -92M | -239M | -433M |
| CapEx % of Revenue | 2.77% | 3.47% | 2.85% | 5.96% | - |
| Acquisitions | -8M | -15M | -32M | -57M | 114M |
| Investments | - | - | - | - | - |
| Other Investing | 0 | 0 | -51M | 1M | -7M |
| Cash from Financing | -32M | -42M | -208M | -202M | -366M |
| Debt Issued (Net) | 50M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | -2M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -287M |
| Other Financing | -82M | -42M | -208M | -202M | -79M |
| Net Change in Cash | -210M▲ 0% | 550M▲ 361.9% | 369M▼ 32.9% | 162M▼ 56.1% | 1.02B▲ 0% |
| Free Cash Flow | 383M▲ 0% | 646M▲ 68.7% | 947M▲ 46.6% | 178M▼ 81.2% | 1.14B▲ 0% |
| FCF Margin % | 14.17% | 24.11% | 29.29% | 4.44% | 25.93% |
| FCF Growth % | - | 68.67% | 46.59% | -81.2% | 117.9% |
| FCF per Share | 0.37 | 0.63 | 0.91 | 0.17 | 0.17 |
| FCF Conversion (FCF/Net Income) | 0.83x | 1.41x | 3.56x | 0.50x | 1.38x |
| Interest Paid | 1M | 0 | 0 | 0 | 0 |
| Taxes Paid | 141M | 159M | 188M | 0 | 0 |
ARM Key Ratios
Arm Holdings plc American Depositary Shares (ARM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | 13.79% | 6.55% | 13.05% | 11.21% |
| Return on Invested Capital (ROIC) | 18.42% | 2.35% | 14.25% | 14.25% |
| Gross Margin | 92.72% | 92.76% | 94.86% | 95.63% |
| Net Margin | 19.56% | 9.46% | 19.77% | 18.81% |
| Debt / Equity | 0.05x | 0.04x | 0.05x | 0.05x |
| FCF Conversion | 1.41x | 3.56x | 0.50x | 1.38x |
| Revenue Growth | -0.89% | 20.68% | 23.94% | 24.81% |
ARM Frequently Asked Questions
Arm Holdings plc American Depositary Shares (ARM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Arm Holdings plc American Depositary Shares (ARM) reported $4.41B in revenue for fiscal year 2025. This represents a 63% increase from $2.70B in 2022.
Arm Holdings plc American Depositary Shares (ARM) grew revenue by 23.9% over the past year. This is strong growth.
Yes, Arm Holdings plc American Depositary Shares (ARM) is profitable, generating $830.0M in net income for fiscal year 2025 (19.8% net margin).
Dividend & Returns
Arm Holdings plc American Depositary Shares (ARM) has a return on equity (ROE) of 13.1%. This is reasonable for most industries.
Arm Holdings plc American Depositary Shares (ARM) generated $1.14B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More ARM
Arm Holdings plc American Depositary Shares (ARM) financial analysis — history, returns, DCA and operating performance tools
Full ARM Stock Analysis
Analyst verdict, bull/bear case, risk factors and peer comparison
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates