Arm Holdings plc (ARM) Income Statement
ARM FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsARM revenue and net income
Where ARM's revenue goes
FY2026Each bar shows an amount and its share of revenue. ARM kept 18.4% of revenue as net income.
ARM profit margins
ARM growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +22.8% | +22.5% | +19.4% | — |
| Gross profit | +19.7% | +22.4% | +20.5% | — |
| Operating income | +9.8% | +10.2% | +30.3% | — |
| Net income | +14.1% | +19.9% | +18.4% | — |
| EPS (diluted) | −6.7% | +45.2% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ARM quarterly EPS vs estimates
Arm Holdings beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.22).
ARM income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | $4.92B | $4.01B | $3.23B | $2.68B | $2.70B | $2.03B |
| Cost of revenue | $370.0M | $206.0M | $234.0M | $195.0M | $220.0M | $236.0M |
| Gross profit | $4.55B | $3.80B | $3.00B | $2.48B | $2.48B | $1.79B |
| Research & development | $2.78B | $2.01B | $1.93B | $1.08B | $945.0M | $768.0M |
| Sales, general & admin | $1.11B | $984.0M | $983.0M | $762.0M | $897.0M | $826.0M |
| Total operating expenses | $3.64B | $2.97B | $2.90B | $1.81B | $1.80B | $1.55B |
| Operating income | $908.0M | $827.0M | $99.0M | $678.0M | $680.0M | $242.0M |
| Interest income | $111.0M | $116.0M | $110.0M | $42.0M | $2.0M | $2.0M |
| Income before taxes | $1.16B | $720.0M | $212.0M | $671.0M | $786.0M | $697.0M |
| Income taxes | $253.0M | −$72.0M | −$94.0M | $147.0M | $110.0M | $153.0M |
| Net income | $904.0M | $792.0M | $306.0M | $524.0M | $549.0M | $388.0M |
| EBITDA | $1.41B | $903.0M | $374.0M | $841.0M | $962.5M | $876.8M |
| EPS (diluted) | $1.53 | $1.64 | $1.25 | $0.50 | $0.53 | — |
| Gross margin | 92.5% | 94.9% | 92.8% | 92.7% | 91.9% | 88.4% |
| Operating margin | 18.5% | 20.6% | 3.1% | 25.3% | 25.2% | 11.9% |
| Net margin | 18.4% | 19.8% | 9.5% | 19.6% | 20.3% | 19.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.29B | $1.49B | $1.24B | $1.14B | $1.05B | $1.24B | $983.0M | $844.0M | $939.0M | $928.0M | $824.0M | $806.0M |
| Cost of revenue | $36.0M | $103.0M | $72.0M | $29.0M | $60.0M | $52.5M | $51.5M | $54.0M | $54.5M | $60.0M | $57.0M | $66.5M |
| Gross profit | $1.25B | $1.39B | $1.17B | $1.11B | $993.0M | $1.19B | $931.5M | $790.0M | $884.5M | $868.0M | $767.0M | $739.5M |
| Research & development | $838.0M | $698.0M | $737.0M | $691.0M | $654.0M | $546.0M | $533.0M | $507.0M | $485.0M | $585.0M | $432.0M | $626.0M |
| Sales, general & admin | $317.0M | $320.0M | $284.0M | $252.0M | $259.0M | $257.0M | $247.0M | $241.0M | $239.0M | $281.0M | $216.0M | $290.0M |
| Total operating expenses | $1.16B | $947.0M | $979.0M | $943.0M | $886.0M | $778.5M | $756.5M | $726.0M | $702.5M | $848.0M | $627.0M | $895.5M |
| Operating income | $98.0M | $440.0M | $191.0M | $163.0M | $107.0M | $410.0M | $175.0M | $64.0M | $182.0M | $20.0M | $140.0M | −$156.0M |
| Interest income | $31.0M | $28.0M | $29.0M | $27.0M | $27.0M | $27.0M | $28.0M | $29.0M | $32.0M | $30.0M | $28.0M | $28.0M |
| Income before taxes | $253.0M | $481.0M | $228.0M | $302.0M | $146.0M | $144.0M | $268.0M | $64.0M | $244.0M | $58.0M | $146.0M | −$119.0M |
| Income taxes | −$17.0M | $168.0M | $5.0M | $64.0M | $16.0M | −$66.0M | $16.0M | −$43.0M | $21.0M | −$166.0M | $59.0M | −$9.0M |
| Net income | $270.0M | $313.0M | $223.0M | $238.0M | $130.0M | $210.0M | $252.0M | $107.0M | $223.0M | $224.0M | $87.0M | −$110.0M |
| EBITDA | $173.0M | $552.0M | $291.0M | $357.0M | $206.0M | $193.0M | $315.0M | $108.0M | $287.0M | $96.0M | $188.0M | −$78.0M |
| EPS (diluted) | $0.20 | $0.60 | $0.43 | $0.15 | $0.35 | $0.55 | $0.39 | $0.30 | $0.40 | $0.36 | $0.29 | $0.36 |
| Gross margin | 97.2% | 93.1% | 94.2% | 97.4% | 94.3% | 95.8% | 94.8% | 93.6% | 94.2% | 93.5% | 93.1% | 91.7% |
| Operating margin | 7.6% | 29.5% | 15.4% | 14.4% | 10.2% | 33.0% | 17.8% | 7.6% | 19.4% | 2.2% | 17.0% | −19.4% |
| Net margin | 20.9% | 21.0% | 18.0% | 21.0% | 12.3% | 16.9% | 25.6% | 12.7% | 23.7% | 24.1% | 10.6% | −13.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ARM's financial statements (latest annual report filed May 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ARM financial results
In fiscal year 2026 (ended March 31, 2026), Arm Holdings reported revenue of $4.9 billion, up 22.8% from the year before. It had net income of $904.0 million (up 14.1%), a net profit margin of 18.4%. Diluted earnings per share came to $1.53. Over five years revenue grew at an average rate of 19.4% a year.
See the ARM stock overview for the latest quote and news, or the ARM chart for price history and technical indicators.
ARM income statement FAQ
What is Arm Holdings's annual revenue?
Arm Holdings reported total revenue of $4.9 billion for fiscal year 2026, which ended on March 31, 2026. That was up 22.8% from $4.0 billion the previous year.
Is Arm Holdings profitable?
Yes. Arm Holdings reported net income of $904.0 million in fiscal 2026, a net profit margin of 18.4%; its operating margin was 18.5%.
What is Arm Holdings's gross margin?
Arm Holdings's gross margin was 92.5% in fiscal 2026: for every $100 of revenue, Arm Holdings kept $92 after the direct cost of its products and services.
How much does Arm Holdings spend on research and development?
Arm Holdings spent $2.8 billion on research and development in fiscal 2026, 56.4% of revenue.
How fast is Arm Holdings growing?
Revenue grew 19.4% a year on average over the last five fiscal years, from $2.0 billion to $4.9 billion.
What are Arm Holdings's earnings per share?
Arm Holdings earned $1.53 per diluted share in fiscal 2026, compared with $1.64 a year earlier.
When will Arm Holdings report its next earnings?
Arm Holdings is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Arm Holdings's fiscal year end?
Arm Holdings's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on May 26, 2026.