Arm Holdings PLC (ARM) operating KPIs

ARMNasdaqSemiconductors & Related DevicesFiscal year ends March 31

Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 20-F on May 26, 2026Score 13/30

$205.97−22.80 (-9.97%)

Close on Oct 30, 2026Market cap $219.16BP/E 212.3Yield –

KPIs

Operating metrics that drive Arm's business · fiscal year ends March 31

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Arm's fiscal year ends March 31 — Q2 FY27 = Jul–Sep 2026.

Column labels

Metric	Q2 FY27 2026-09-30	Q1 FY27 2026-06-30	Q4 FY26 2026-03-31	Q3 FY26 2025-12-31	Q2 FY26 2025-09-30	Q1 FY26 2025-06-30	Q4 FY25 2025-03-31	Q3 FY25 2024-12-31	Q2 FY25 2024-09-30	Q1 FY25 2024-06-30	Q4 FY24 2024-03-31	Q3 FY24 2023-12-31

Annualized Contract Value (ACV)($M)1		1,732	1,660	1,620	1,600	1,528	1,365	1,270	1,253	1,193	1,182	1,160
ACV YoY Growth (Reported in Shareholder Letter)(%)		13.0%	22.0%	28.0%	28.0%	28.0%	15.0%	9.0%	13.0%	14.0%	15.0%	15.0%
Remaining Performance Obligations (RPO — Total Contracted Backlog)($M)3		2,123	2,071	2,148	2,246	2,232	2,226	2,325	2,385	2,168	2,484	2,433
RPO Expected to be Recognized Within 1 Year (Next 12 Months)(%)		24.0%	28.0%	31.0%	29.0%	27.0%	25.0%	28.0%	27.0%	22.0%	28.0%	28.0%
RPO Expected to be Recognized in Year 2 (13–24 Months)(%)		23.0%	21.0%	19.0%	16.0%	15.0%	19.0%	17.0%	16.0%	14.0%	14.0%	26.0%
RPO — Non-Cancellable Contracted Backlog (Legacy Quarterly Series)($M)					0	0	0	0.30	0	1.10	0.80	1.20
License and Other Revenue Recognized at a Point in Time (IP Delivery & Per-Use)($M)2		286	527	211	242	247	498	268	210	396	377	317
License and Other Revenue Recognized Over Time (ATA/AFA Time-Based Subscriptions & Services)($M)		288	292	294	273	221	136	135	120	76	37	37
Revenue Recognized from Performance Obligations Satisfied in Prior Periods (Royalties)($M)		736	671	738	621	587	608	619	517	471	517	529
Contract Assets — Current (Unbilled Licensing & Services Receivables)($M)2		881	977	848	647	645	642	511	454	455	336	280
Contract Assets — Current with Related Parties (SoftBank Group)($M)		577	646	499	352	227	152	101	55	13	22	16
Contract Assets — Non-Current($M)		366	320	278	248	220	346	272	273	363	240	143
Total Contract Liabilities (Deferred Revenue — Current & Non-Current)($M)5		939	1,046	1,051	1,030	1,002	911	926	922	924	915	957
Contract Liabilities — Non-Current($M)		739	752	720	734	742	702	750	704	715	717	734
Contract Liabilities — Current with Related Parties (Arm China)($M)		29	36	91	88	104	81	105	107	114	107	100
Contract Liabilities Rollforward: Additions (Customer Billings / Prepayments)($M)		110	175	133	109	164	90	101	121	59	29	52
Contract Liabilities Rollforward: Revenue Recognized from Beginning Balance($M)		138	26	31	34	58	3	30	59	39	13	97
Contract Liabilities Rollforward: Total Revenue Recognized from Contract Liabilities($M)		79	154	81	47	15	102	67	64	11	58	26
Extant Arm Total Access (ATA) Subscription Licenses (Annual)1
Extant Arm Total Access (ATA) Licenses (Legacy Quarterly Series, Discontinued Q1 FY27)			56	50	48	45	44	40	39	33	31	27
Extant Arm Flexible Access (AFA) Subscription Licenses (Annual)1
Extant Arm Flexible Access (AFA) Licenses (Legacy Quarterly Series, Discontinued Q1 FY27)			329	318	312	313	314	295	269	241	222	218
Arm-Based Chips Reported as Shipped (Billions — Legacy Series, Discontinued Q1 FY25)(M)1											7	7.70
Cumulative Arm-Based Chips Shipped Since Inception (Billions — Legacy Series, Discontinued Q1 FY25)(M)											287	280
Cumulative Arm Compute Subsystems (CSS) Licenses Signed (Legacy Disclosure, Q1–Q3 FY26)3				21	19	16
Cumulative Customers Licensing Arm Compute Subsystems (CSS)				12	11	10
Customers Shipping CSS-Based Production Silicon				5	5	5
New Arm Compute Subsystems (CSS) Licenses Signed in Quarter				2	3	3

Total Revenue from Related Parties (Consolidated Income Statement)($M)8		388	411	338	422	328	222	285	192	124	174	248
Total Revenue from External Customers (Consolidated Income Statement)($M)		901	1,079	904	713	725	1,019	698	652	815	754	576
License and Other Revenue from Related Parties (Arm China & SoftBank Group)($M)		264	286	217	293	213	117	180	90	31	48	143
License and Other Revenue from External Customers($M)		310	533	288	222	255	517	223	240	441	366	211
Royalty Revenue from Related Parties (Arm China)($M)		124	125	121	129	115	105	105	102	93	126	105
Royalty Revenue from External Customers($M)		591	546	616	491	470	502	475	412	374	388	365
Arm China — Revenue Recognized under IP License Agreement (IPLA)($M)		189	210	137	243	201	167	233	148	123	167	203
SoftBank Group — Revenue from Consulting, Licensing & Design Services Agreement($M)		193	200	200	178	126	51.2	51.1	43.2	0	3.80	0
Ampere Computing — Revenue from Licensing & Servicing Arrangements($M)		5.40	0.90	1.30		0.60	0.50	1
Arm China — Net Receivable (Amount Due from Arm China)($M)3		284	276	248	315	356	285	273	169	149	176	192
Arm China — Gross Receivable Balance($M)		308	297	258	321	366	295	282	180	155	181	216
Arm China — Payable Offset Balance($M)		24.8	20.3	10	5.50	9.70	9.90	9.60	10.6	5.90	5.30	24.2
Arm China — Allowance for Current Expected Credit Losses($M)		28.3	28.3	16	16	16	16		16	16
Arm China — Total Contract Liabilities (Deferred Revenue)($M)		52.3	53.6	85.7	87.7	103	104	105	107	114	106	97.9
Arm China — Expenses under Service Share Arrangement($M)1		17.2	20.3	14.5	14.6	13.9	14.1	13.9	15.2	16.2	16.4	24.1
Sublease Income from Related Parties($M)		0.30	0.30	0.20	0.30	0.20	0.30	0.20	0.30	0.40	0.40	0.40
SoftBank Group — Contract Assets from Consulting & Licensing Agreement (Current)($M)3		577	646	499	352	227	152	101	55	13	22	16
Total Accounts Receivable from Related Parties, Net (Balance Sheet)($M)		281	270	248	304	401	279	272	164	146	182	217
Accounts Receivable from Equity Method Investees($M)		0	0.50	6.30	0	6	0.70	5.90	0	6	0.20
Accounts Payable & Other Current Liabilities to Related Parties($M)		30	20	10	6	10	11	10	12	6	7	25

Quarterly Revenue Guidance — Midpoint($M)2	1,380	1,260	1,470	1,225	1,060	1,050	1,225	945	805	900	875	760
Quarterly Revenue Guidance — Low End of Range($M)	1,330	1,210	1,420	1,175	1,010	1,000	1,175	920	780	875	850	720
Quarterly Revenue Guidance — High End of Range($M)	1,430	1,310	1,520	1,275	1,110	1,100	1,275	970	830	925	900	800
Quarterly Non-GAAP Operating Expense Guidance (Midpoint)($M)	780	760	745	720	655	625	590	525	500	475	490	460
Quarterly Non-GAAP Diluted EPS Guidance — Midpoint($)2	0.47	0.40	0.58	0.41	0.33	0.34	0.52	0.34	0.25	0.34	0.30	0.24
Quarterly Non-GAAP Diluted EPS Guidance — Low End($)	0.43	0.36	0.54	0.37	0.29	0.30	0.48	0.32	0.23	0.32	0.28	0.21
Quarterly Non-GAAP Diluted EPS Guidance — High End($)	0.51	0.44	0.62	0.45	0.37	0.38	0.56	0.36	0.27	0.36	0.32	0.28
Non-GAAP Gross Profit($M)2		1,264	1,465	1,221	1,115	1,031	1,221	964	820	915	902	798
Non-GAAP Gross Margin (%)(%)		98.1%	98.3%	98.3%	98.2%	97.9%	98.4%	98.1%	97.2%	97.4%	97.2%	96.8%
Non-GAAP Cost of Sales($M)		25	25	21	20	22	20	19	24	24	26	26
Non-GAAP Operating Income($M)4		531	731	505	467	412	655	442	326	448	391	361
Non-GAAP Operating Margin (%)(%)		41.2%	49.1%	40.7%	41.1%	39.1%	52.8%	45.0%	38.6%	47.7%	42.1%	43.8%
Non-GAAP Total Operating Expense($M)		733	734	716	648	619	566	522	494	467	511	437
Non-GAAP Research & Development (R&D) Expense($M)		530	493	512	466	440	370	350	322	298	326	280
Non-GAAP Selling, General & Administrative (SG&A) Expense($M)		203	241	204	182	179	196	172	172	169	185	157
Non-GAAP Net Income($M)3		480	641	457	417	374	584	417	317	419	376	324
Non-GAAP Diluted Earnings Per Share (EPS)($)		0.45	0.60	0.43	0.39	0.35	0.55	0.39	0.30	0.40	0.36	0.31
Non-GAAP Basic Earnings Per Share (EPS)($)		0.45	0.60	0.43	0.39	0.35	0.55	0.40	0.30	0.40	0.36	0.32
Income Tax Effect on Non-GAAP Adjustments($M)		-102	55	-75	-10	-50	-161	-63	-62	-46	-224	9
Non-GAAP Free Cash Flow($M)4		665	152	169	411	150	163	349	-65	-348	637	251
Non-GAAP Free Cash Flow — Trailing Twelve Months (TTM)($M)		1,397	882	893	1,073	59,714	99	573	475	709	907	724
FCF Deduction: Purchases of Property and Equipment($M)		588	74	545	429	344	74	156	114	95	11	21
FCF Deduction: Purchases of Intangible Assets($M)		34	16	18	13	18	4	24	54	60	8	16
FCF Deduction: Payment of Intangible Asset Obligations (EDA / Cadence / Synopsys)($M)		75	18	66	65	60	17	53	50	50	11	8
Total Share-Based Compensation Expense (Equity-Settled)($M)8		343	261	285	265	241	193	227	218	182	186	196
Share-Based Compensation — Research & Development (R&D)($M)		247	187	204	197	174	139	154	154	129	134	142
Share-Based Compensation — Selling, General & Administrative (SG&A)($M)		87	67	73	61	60	48	66	57	47	54	49
Share-Based Compensation — Cost of Sales($M)		9	7	8	7	7	6	7	7	6	7	8
Share-Based Compensation Expense, Net of Tax (Footnote Disclosure)($M)		271	229	243	217	195	140	178	188	170	81	173
Income Tax Benefit Recognized for Share-Based Compensation($M)		72	-87.8	42	48	46	17.7	49	30	12	110	26
Employer Payroll Taxes Related to Share-Based Compensation — Total($M)		90	29	28	39	54	50	37	42	84	163	23
Employer Payroll Taxes Related to SBC — Research & Development (R&D)($M)		61	18	21	28	36	37	29	31	58	118	13
Employer Payroll Taxes Related to SBC — Selling, General & Administrative (SG&A)($M)		27	11	6	9	17	11	6	10	23	38	9
Segment Expense Disaggregation: Project Materials, Cloud & Subcontracting Costs($M)3		233	236	250	203	192	177	164	148	145
Segment Expense Disaggregation: Employer Payroll Taxes on Share-Based Compensation($M)		98	32	30	40	58	53	38	44	89
Segment Expense Disaggregation: Amortization of Intangible Assets($M)		27	27	25	24	24	22	21	21	23
UK R&D Expenditure Credit (RDEC) Receivable Balance($M)		130	120	97	106	107	103	100	107		68

Unvested RSU & PSU Awards Outstanding (Millions of Shares)(M)6		24	18	19	19	19	11	11	11	11	2	1.40
Unvested RSU & PSU Awards — Weighted-Average Grant-Date Fair Value ($/share)($)		160	121	121	119	117	118	116	113	109	68.13	57.33
RSU & PSU Awards Granted during Period (Millions of Shares)(M)		11	1	1	1	11	1	0	1	9	0.53
RSU & PSU Awards Vested during Period (Millions of Shares)(M)		4	1	0	1	3	0	0
Unrecognized Share-Based Compensation Cost — Omnibus Incentive Plan (RSUs & PSUs)($M)		3,622	1,719	1,921	1,963	2,066	990	1,008	1,066	1,128	107	73
Unrecognized Share-Based Compensation Cost — Employee Share Purchase Plan (ESPP)($M)		5.20	13.3	5.10	12.8	4.50	10.6
Employee Benefit Trust (EBT) Shares Held — Carrying Value($M)		9.50	2.20	1.90	0	8.40	0.20	0.50	0.10	5.50	75.4
Unconditional Purchase Obligations — Total (EDA Tools, IP & Cloud Computing)1
Off-Balance-Sheet Commitments to Equity Method Investees & Funds($M)		24.3	25.6	27	27	27.8	28.1	23.2	19.1	19.6	19.9	20.3
Finite-Lived Intangible Assets, Gross — Total (EDA Software, Acquired IP & Patents)2
Cash Payments for Purchases of Intangible Assets($M)		11	16	5	2	7	4	0	7	9	8	30
Cash Payments for Intangible Asset Obligations (EDA Multi-Year Licenses)($M)		29	18	12	16	21	17	11	11	20	11	8
Cambridge Global Headquarters Leased Office Space (Square Feet)3
Amortization of Operating Lease Right-of-Use (ROU) Assets($M)		16	17	15	14	13	12	10	9	9	9	9
Finance Lease Right-of-Use (ROU) Assets, Net($M)		62	69	76	83	78	40
Finance Lease Liabilities — Current($M)		21	25	24	19	21	10	10	5	5	5	5

Defined Contribution Pension & Post-Retirement Plan Expense1
Accrued Employee Compensation & Payroll Taxes — Current (Balance Sheet)($M)		375	119	138	147	241	200	156	192	362	674	108

Total Global Workforce (Employees + Fixed-Term + External Contractors)1
Total Employees (Permanent + Fixed-Term, 20-F / Shareholder Letter)3
Total Employees (Legacy Quarterly Series, Discontinued Q1 FY26)							8,330	7,923	7,709	7,320	7,096	6,870
Engineering Employees (Legacy Quarterly Series, Discontinued Q1 FY26)							6,943	6,594	6,429	6,102	5,887	5,520
Non-Engineering Employees (Legacy Quarterly Series, Discontinued Q2 FY25)										1,218	1,209	1,350

Amazon.com (AMZN) — Cash CapEx (AWS Graviton4 / Graviton5 Arm Neoverse Customer)($M)		54,208	44,203	39,522	35,095	32,183	25,019	27,834	22,620	17,620	14,925	14,588
Alphabet (GOOGL) — Cash CapEx (Google Cloud Axion Arm Neoverse Customer)($M)		44,924	35,674	27,851	23,953	22,446	17,197	14,276	13,061	13,186	12,012	11,019
Microsoft (MSFT) — Cash CapEx (Azure Cobalt 100 / Cobalt 200 Arm Neoverse CSS Customer)($M)		35,802	30,876	29,876	19,394	17,079	16,745	15,804	14,923	13,873	10,952	9,735
Meta Platforms (META) — Cash CapEx (Arm AGI CPU Lead Customer & Graviton5 / Grace-Vera Buyer)($M)	33,942	30,116	18,997	21,383	18,829	16,538	12,941	14,425	8,258	8,173	6,400	7,592

Total Revenue (GAAP)($M)2		1,289	1,490	1,242	1,135	1,053	1,241	983	844	939	928	824
Royalty Revenue (GAAP)($M)		715	671	737	620	585	607	580	514	467	514	470
License and Other Revenue (GAAP)($M)		574	819	505	515	468	634	403	330	472	414	354
Revenue by Customer Tax Domicile — United States($M)5		388	577	428	374	382	561	305	292	558	403	387
Revenue by Customer Tax Domicile — People's Republic of China (PRC)($M)		200	254	161	250	209	185	243	193	128	172	206
Revenue by Customer Tax Domicile — Taiwan($M)		176	189	185	175	146	190	169	155	115	141	100
Revenue by Customer Tax Domicile — Japan($M)		276	232	233	206	154	96	86	74	40
Revenue by Customer Tax Domicile — South Korea($M)		117	109	132	82	69	86	99	76	63	151	50
Revenue by Customer Tax Domicile — Other Countries($M)		132	129	103	48	93	123	81	54	35	61	81
GAAP Gross Profit($M)1		1,253	1,458	1,212	1,106	1,023	1,213	955	812	906	887	788
GAAP Cost of Sales($M)		36	32	30	29	30	28	28	32	33	41	36
GAAP Operating Income($M)2		91	438	185	163	114	410	175	64	182	22	134
GAAP Research and Development (R&D) Expense($M)		838	698	737	691	650	546	533	507	485	584	432
GAAP Selling, General and Administrative (SG&A) Expense($M)		317	320	284	252	259	257	247	241	239	281	216
GAAP Net Income($M)		270	313	223	238	130	210	252	107	223	224	87
GAAP Operating Cash Flow($M)2		902	260	365	567	332	258	423	6	-290	667	310
GAAP Capital Expenditure (Purchases of Property & Equipment)($M)		-197	-74	-179	-138	-154	-74	-63	-53	-29	-11	-21
Depreciation and Amortization($M)		75	71	63	55	60	49	47	44	43	38	42
Cash, Cash Equivalents and Short-Term Investments (GAAP Balance Sheet)6
Cash and Cash Equivalents($M)		3,058	2,751	2,807	2,518	1,956	2,085	2,036	1,498	1,465	1,923	1,551
Short-Term Investments (Term Deposits 3–12 Months)($M)		830	850	735	740	950	740	635	860	1,000	1,000	850
Accounts Receivable, Net($M)		1,119	1,300	984	1,119	1,315	1,107	940	1,006	804	781	799
Total Assets($M)		11,196	10,703	10,176	9,710	9,395	8,932	8,496	8,086	7,880	7,927	7,115
Total Liabilities($M)		2,566	2,417	2,378	2,303	2,388	2,093	2,077	2,074	2,217	2,632	2,111
Total Shareholders' Equity($M)		8,630	8,286	7,798	7,407	7,007	6,839	6,419	6,012	5,663	5,295	5,004

Italic numbers are calculated by StockData from reported figures (hover for the formula). Numbers with a dotted underline are read from the text of earnings releases and presentations; hover to see the exact sentence. Tick a row to add it to the chart above (up to 8 lines).

Methodology and excluded metrics

Fiscal Calendar: Arm Holdings plc's fiscal year ends March 31 (e.g., FY2026 ended March 31, 2026; FY2027Q1 ended June 30, 2026).
Primary Key (Group 1): Annualized Contract Value (ACV), Remaining Performance Obligations (RPO) with maturity horizons, Contract Assets/Liabilities rollforward, and Extant Arm Total Access (ATA) & Arm Flexible Access (AFA) licenses.
Related Party Disaggregation (Group 2): Separates Consolidated Related Party Revenue into Arm China (IPLA licensing & royalty revenue) vs. SoftBank Group (Consulting & Design Services agreement) vs. Ampere Computing using Note 14 (6-K) and Note 18 (20-F).
Standalone vs. Consolidated Evaluation (Step 3/4): Arm Holdings plc's UK Parent Company Balance Sheet (FRS 101, Group 5) is a non-trading holding company (0 revenue; $4,016M investments in subsidiaries), and under IAS 8 / UK Companies Act s408 it is exempt from publishing a standalone parent income statement. Therefore, Consolidated − Standalone subtraction is not applicable (all operating revenue and expenses reside in Arm Limited and operating subsidiaries).
Allowed Derivations (Step 4): Only Q4 = full year (20-F) − nine months (6-K) and quarterly cash flow = YTD − prior YTD are used; 0 unauthorized ratios, sums, or interpolations exist.

Not shown because recent periods are missing (9)

Quarterly Extant Arm Total Access (ATA) Licenses (Q1 FY27+: discontinued in Q1 FY27 Shareholder Letter; preserved in annual row FY21–FY26 and legacy quarterly row FY23Q1–FY26Q4)
Quarterly Extant Arm Flexible Access (AFA) Licenses (Q1 FY27+: discontinued in Q1 FY27 Shareholder Letter; preserved in annual row FY21–FY26 and legacy quarterly row FY23Q1–FY26Q4)
Quarterly Total Employees & Engineering Headcount (Q1–Q3 FY26 & Q1 FY27: discontinued in Q1–Q3 Shareholder Letters starting Q1 FY26; preserved in annual rows FY22–FY26 and legacy quarterly rows)
Quarterly Arm-Based Chips Reported as Shipped & Cumulative Chips Shipped (Q1 FY25+: discontinued in Q1 FY25 Shareholder Letter; preserved in legacy quarterly rows FY23Q1–FY24Q4; narrative updates 'more than 310B' / 'over 350B' excluded as bound inequalities per Step 5)
Quarterly Cumulative Compute Subsystems (CSS) Licenses & Customers (reported in Q1–Q3 FY26 Shareholder Letters as 16/19/21 licenses across 10/11/12 customers; not updated as a cumulative table metric in Q4 FY26 or Q1 FY27; preserved in legacy row)
Armv9 Share of Quarterly Royalty Revenue (%) (disclosed as ~10%/15%/20%/25%/25%/25% from Q2 FY24 to Q3 FY25; management stopped disclosing exact quarterly % after Q3 FY25)
Software Developer Ecosystem Count ('more than 15 million / 20 million / 22 million developers' — bound inequalities excluded per Step 5)
Cumulative Arm Neoverse Data Center Cores Shipped ('surpassed 1 billion / 1.5 billion cores' — bound inequalities excluded per Step 5)
Annual Full-Year Revenue / OpEx / EPS Guidance (provided for FY2024 and FY2025; suspended in FY2026 and FY2027 due to macro/tariff and royalty timing variability)

Data updated 2026-10-26.

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Arm Holdings PLC (ARM) operating KPIs

KPIs

Every KPI on its own page

Backlog, ACV & Subscription Licensing (Primary Key)

Related Party Breakdown: Arm China (IPLA), SoftBank Group & Ampere

Management Guidance, Non-GAAP Profitability & FCF Reconciliation

RSU/PSU Equity Awards, Patent Portfolio, Purchase Obligations, Leases & Tax Incentives

UK Statutory Annual Report (IFRS Consolidated & FRS 101 Parent Company)

Global Workforce Demographics, Hiring/Attrition & Environmental Sustainability

External Semiconductor Ecosystem (MOPS Monthly) & Hyperscaler Customer CapEx

GAAP Financial & Segment Context (Database — PostgreSQL)