ARMNasdaqSemiconductors & Related DevicesFiscal year ends March 31
ARM HOLDINGS PLC /UK
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 20-F on May 26, 2026
$228.05+0.25 (+0.11%)
Close on Oct 19, 2026
- Market cap
- $245.84B
- P/E (TTM)
- 235.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2021 to 2026
Gross margin
97.5%
Operating margin
18.3%
Net margin
18.4%
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +22.8% | +22.5% | – | – | |
| Gross profit | +23.5% | +23.1% | – | – | |
| Operating income | +8.3% | +10.3% | – | – | |
| Net income | +14.1% | +19.9% | – | – | |
| EPS, diluted | +13.3% | +18.6% | – | – | |
| Free cash flow | +450.0% | +13.2% | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2021 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 12.0% | |
| Return on assets | – | – | 9.2% | |
| Current ratio | – | – | 6.00 | |
| Capex to revenue | – | – | 11.1% | |
| Diluted shares | – | – | 1.07B |
Where the cash went
Fiscal 2022 to 2026, five years combined
ARM generated $4.21B from operations and spent $954.00M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$4.21B
Used
$954.00M
Capital expenditure$954.00M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin18.4%
×Asset turnover0.50×
×Equity multiplier1.30×
=Return on equity, FY202612.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 18.4% | 0.50× | 1.30× | 12.0% |
| FY2025 | 19.8% | 0.48× | 1.39× | 13.1% |
| FY2024 | 9.5% | 0.44× | 1.58× | 6.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
7of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$904.00M
- Cash generatingOperating cash flow above zero$1.52B
- Return on assets improvedROA up on the prior year10.0% → 10.1%
- Earnings backed by cashOperating cash flow above net income$1.52B vs $904.00M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.20 → 6.00
- No dilutionShare count did not rise1.06B → 1.07B
- Gross margin improvedGross margin up on the prior year96.98% → 97.54%
- More efficientAsset turnover rose0.51 → 0.55