Arm Holdings plc (ARM) Balance Sheet

NASDAQ: ARMAssets, liabilities, debt and equity over 5 years.

ARM balance sheet, FY2026

March 31, 2026 · U.S. dollars

$10.70B assets = $2.42B liabilities + $8.29B equity

Both columns are drawn to the same scale: what ARM owns equals what it owes plus shareholders’ equity. Hover a block for its value.

ARM financial health

Current ratio6.00

Comfortable · current assets cover current liabilities 6.00×

Debt / equity0.06

Low leverage · $0.06 of debt for each $1 of equity

Equity / assets77.4%

Equity-funded · of assets funded by shareholders

Cash / debt788.0%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles17.3%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2026.

ARM balance sheet trends, FY2022–FY2026

Arm Holdings plc balance sheet trends
Metric	Then	Latest	Change
Total assets	$6.51BFY2022	$10.70BFY2026	+13.2%/yr
Total liabilities	$2.96BFY2022	$2.42BFY2026	−5.0%/yr
Shareholders’ equity	$3.55BFY2022	$8.29BFY2026	+23.6%/yr
Cash & short-term investments	$1.64BFY2022	$3.60BFY2026	+21.8%/yr
Total debt	$261.0MFY2022	$457.0MFY2026	+15.0%/yr
Net cash (debt)	$1.37BFY2022	$3.14BFY2026	+$1.8B
Working capital	$1.70BFY2022	$5.20BFY2026	+$3.5B
Book value per share	$3.46FY2022	$7.76FY2026	+22.4%/yr
Current ratio	2.22FY2022	6.00FY2026	+3.78
Debt / equity	0.07FY2022	0.06FY2026	−0.02
Shares outstanding	1.03BFY2022	1.07BFY2026	+1.0%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

ARM assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

ARM liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

ARM debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

ARM balance sheet

Arm Holdings plc annual balance sheet
	FY2026	FY2025	FY2024	FY2023	FY2022
Assets
Cash & short-term investments	$3.60B	$2.83B	$2.92B	$2.21B	$1.64B
Cash & equivalents	$2.75B	$2.08B	$1.92B	$1.55B	$1.00B
Short-term investments	$850.0M	$740.0M	$1.00B	$661.0M	$631.0M
Receivables	$2.47B	$1.90B	$1.13B	$1.17B	$1.29B
Inventory	$0	$0	$0	$0	$0
Other current assets	$169.0M	$107.0M	$145.0M	$157.0M	$167.0M
Total current assets	$6.24B	$4.83B	$4.20B	$3.54B	$3.09B
Property, plant & equipment (net)	$1.15B	$714.0M	$420.0M	$391.0M	$417.0M
Goodwill & intangible assets	$1.85B	$1.77B	$1.78B	$1.76B	$1.84B
Long-term investments	$387.0M	$565.0M	$741.0M	$723.0M	$736.0M
Other non-current assets	$1.08B	$1.05B	$792.0M	$457.0M	$424.0M
Total assets	$10.70B	$8.93B	$7.93B	$6.87B	$6.51B
Liabilities
Accounts payable	$80.0M	$63.0M	$26.0M	$65.0M	$57.0M
Short-term debt	$64.0M	$40.0M	$32.0M	$26.0M	$31.0M
Deferred revenue	$294.0M	$209.0M	$198.0M	$293.0M	$334.0M
Total current liabilities	$1.04B	$929.0M	$1.50B	$1.36B	$1.40B
Long-term debt	$0	$0	$0	$0	$0
Lease obligations	$457.0M	$356.0M	$226.0M	$219.0M	$261.0M
Other long-term liabilities	$1.38B	$1.16B	$1.13B	$1.45B	$1.57B
Total liabilities	$2.42B	$2.09B	$2.63B	$2.81B	$2.96B
Shareholders' equity
Common stock & paid-in capital	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M
Retained earnings (deficit)	$4.45B	$3.54B	$2.75B	$2.46B	$1.93B
Accumulated other comprehensive income	$370.0M	$372.0M	$371.0M	$376.0M	$399.0M
Total shareholders' equity	$8.29B	$6.84B	$5.29B	$4.05B	$3.55B
Key figures
Total debt	$457.0M	$356.0M	$226.0M	$219.0M	$261.0M
Net cash (debt)	$3.14B	$2.47B	$2.70B	$2.00B	$1.37B
Working capital	$5.20B	$3.90B	$2.69B	$2.17B	$1.70B
Tangible book value	$6.43B	$5.07B	$3.52B	$2.29B	$1.71B
Book value per share	$7.76	$6.43	$5.07	$3.95	$3.46
Shares outstanding	1.07B	1.06B	1.04B	1.03B	1.03B
Current ratio	6.00	5.20	2.79	2.60	2.22
Quick ratio	5.83	5.08	2.69	2.48	2.10
Debt / equity	0.06	0.05	0.04	0.05	0.07
Equity / assets	77.4%	76.6%	66.8%	59.0%	54.5%

Arm Holdings plc quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	$3.89B	$3.60B	$3.54B	$3.26B	$2.91B	$2.83B	$2.67B	$2.36B	$2.46B	$2.92B	$2.40B	$2.21B
Cash & equivalents	$3.06B	$2.75B	$2.81B	$2.52B	$1.96B	$2.08B	$2.04B	$1.50B	$1.47B	$1.92B	$1.55B	$1.41B
Short-term investments	$830.0M	$850.0M	$735.0M	$740.0M	$950.0M	$740.0M	$635.0M	$860.0M	$1.00B	$1.00B	$850.0M	$800.0M
Receivables	$2.00B	$2.47B	$2.01B	$1.98B	$2.15B	$1.90B	$1.59B	$1.64B	$1.26B	$1.13B	$1.08B	$1.10B
Inventory	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other current assets	$451.0M	$169.0M	$183.0M	$136.0M	$115.0M	$107.0M	$71.0M	$71.0M	$116.0M	$145.0M	$148.0M	$137.0M
Total current assets	$6.34B	$6.24B	$5.74B	$5.37B	$5.17B	$4.83B	$4.33B	$4.06B	$3.84B	$4.20B	$3.63B	$3.44B
Property, plant & equipment (net)	$1.39B	$1.15B	$1.19B	$1.01B	$873.0M	$714.0M	$599.0M	$523.0M	$464.0M	$420.0M	$425.0M	$410.0M
Goodwill & intangible assets	$1.84B	$1.85B	$1.86B	$1.87B	$1.89B	$1.77B	$1.78B	$1.82B	$1.78B	$1.78B	$1.79B	$1.76B
Long-term investments	$589.0M	$387.0M	$369.0M	$556.0M	$570.0M	$565.0M	$845.0M	$796.0M	$800.0M	$741.0M	$748.0M	$725.0M
Other non-current assets	$1.04B	$1.08B	$1.02B	$900.0M	$890.0M	$1.05B	$937.0M	$878.0M	$992.0M	$792.0M	$523.0M	$471.0M
Total assets	$11.20B	$10.70B	$10.18B	$9.71B	$9.39B	$8.93B	$8.50B	$8.09B	$7.88B	$7.93B	$7.12B	$6.81B
Liabilities
Accounts payable	$52.0M	$80.0M	$78.0M	$67.0M	$71.0M	$63.0M	$70.0M	$34.0M	$182.0M	$26.0M	$31.0M	$283.0M
Short-term debt	$62.0M	$64.0M	$64.0M	$56.0M	$57.0M	$40.0M	$40.0M	$34.0M	$28.0M	$32.0M	$31.0M	$24.0M
Deferred revenue	$200.0M	$294.0M	$331.0M	$303.0M	$259.0M	$209.0M	$176.0M	$218.0M	$209.0M	$198.0M	$223.0M	$288.0M
Total current liabilities	$1.21B	$1.04B	$1.06B	$960.0M	$1.04B	$929.0M	$874.0M	$899.0M	$1.06B	$1.50B	$866.0M	$795.0M
Long-term debt	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Lease obligations	$464.0M	$457.0M	$461.0M	$429.0M	$396.0M	$356.0M	$271.0M	$258.0M	$249.0M	$226.0M	$221.0M	$214.0M
Other long-term liabilities	$1.36B	$1.38B	$1.32B	$1.34B	$1.35B	$1.16B	$1.20B	$1.18B	$1.15B	$1.13B	$1.25B	$1.24B
Total liabilities	$2.57B	$2.42B	$2.38B	$2.30B	$2.39B	$2.09B	$2.08B	$2.07B	$2.22B	$2.63B	$2.11B	$2.04B
Shareholders' equity
Common stock & paid-in capital	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M	$2.0M
Retained earnings (deficit)	$4.72B	$4.45B	$4.13B	$3.91B	$3.67B	$3.54B	$3.33B	$3.08B	$2.97B	$2.75B	$2.53B	$2.44B
Accumulated other comprehensive income	$373.0M	$370.0M	$389.0M	$393.0M	$411.0M	$372.0M	$345.0M	$410.0M	$371.0M	$371.0M	$388.0M	$352.0M
Total shareholders' equity	$8.63B	$8.29B	$7.80B	$7.41B	$7.01B	$6.84B	$6.42B	$6.01B	$5.66B	$5.29B	$5.00B	$4.77B
Key figures
Total debt	$485.0M	$457.0M	$858.0M	$429.0M	$396.0M	$356.0M	$271.0M	$263.0M	$249.0M	$226.0M	$226.0M	$214.0M
Net cash (debt)	$3.40B	$3.14B	$2.68B	$2.83B	$2.51B	$2.47B	$2.40B	$2.10B	$2.22B	$2.70B	$2.17B	$1.99B
Working capital	$5.13B	$5.20B	$4.68B	$4.41B	$4.14B	$3.90B	$3.46B	$3.17B	$2.77B	$2.69B	$2.76B	$2.65B
Tangible book value	$6.79B	$6.43B	$5.93B	$5.54B	$5.12B	$5.07B	$4.64B	$4.19B	$3.88B	$3.52B	$3.21B	$3.01B
Book value per share	$8.01	$7.76	$7.29	$6.93	$6.58	$6.42	$6.03	$5.66	$5.34	$5.01	$4.77	$4.66
Shares outstanding	1.08B	1.07B	1.07B	1.07B	1.06B	1.06B	1.06B	1.06B	1.06B	1.06B	1.05B	1.03B
Current ratio	5.25	6.00	5.43	5.59	4.99	5.20	4.96	4.52	3.61	2.79	4.19	4.33
Quick ratio	4.88	5.83	5.25	5.45	4.88	5.08	4.88	4.44	3.50	2.69	4.02	4.16
Debt / equity	0.06	0.06	0.11	0.06	0.06	0.05	0.04	0.04	0.04	0.04	0.05	0.04
Equity / assets	77.1%	77.4%	76.6%	76.3%	74.6%	76.6%	75.6%	74.4%	71.9%	66.8%	70.3%	70.1%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 26, 2026); data from EODHD.

ARM financial position

At the end of fiscal 2026 (March 31, 2026), Arm Holdings had total assets of $10.7 billion (up 19.8% from a year earlier), total liabilities of $2.4 billion and shareholders' equity of $8.3 billion. It held $3.6 billion in cash and short-term investments against $457.0 million of debt, a net cash position of $3.1 billion. Its current ratio was 6.00. In the latest quarter (ended June 30, 2026) total assets were $11.2 billion and equity $8.6 billion.

Related: ARM income statement, ARM cash flow statement, ARM key metrics. See the ARM stock overview for the latest quote and news.

ARM balance sheet FAQ

What are Arm Holdings's total assets?

Arm Holdings reported total assets of $10.7 billion at the end of fiscal 2026 (March 31, 2026), compared with $8.9 billion a year earlier.

How much debt does Arm Holdings have?

Arm Holdings had $457.0 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.06.

How much cash does Arm Holdings have?

Arm Holdings held $3.6 billion in cash and short-term investments at the end of fiscal 2026; with $457.0 million of debt that is net cash of $3.1 billion.

What is Arm Holdings's book value?

Arm Holdings's shareholders' equity (book value) was $8.3 billion at the end of fiscal 2026, or $7.76 per share.

What is Arm Holdings's current ratio?

Arm Holdings had current assets of $6.2 billion and current liabilities of $1.0 billion, a current ratio of 6.00 (it can cover its short-term obligations).

How much goodwill does Arm Holdings have?

Arm Holdings carried $1.9 billion of goodwill and intangible assets, 17.3% of total assets, at the end of fiscal 2026.