Arm Holdings plc Earnings Recaps
Q4 2026
May 9, 2026
Arm's stock gained modestly by 2.1% post-earnings, reflecting a solid quarter with record revenue and EPS but without a strong market reaction that would indicate meaningful upside or downside surprise.
Key takeaways
- Q4 revenue reached an all-time high of $1.49 billion, up 20% year-over-year, driven by a 29% increase in licensing revenue to $819 million and 11% growth in royalties to $671 million.
- Fiscal 2026 revenue totaled $4.92 billion, up 23%, marking the third consecutive year of over 20% revenue growth.
- Non-GAAP EPS hit a record $0.60 in Q4 and $1.77 for the full year despite increased R&D investment.
- Growth was supported by expanding product strategy, notably with the launch of the Arm AGI CPU targeting Agentic AI workloads and a broad ecosystem backing from over 50 major companies.
- Strong demand is evidenced by more than $2 billion of customer commitments for fiscal 2027 and 2028, more than doubling since the product launch.
Q3 2026
Feb 5, 2026
Arm Holdings delivered a record third quarter for fiscal year 2026, with revenue growth of 26% to $1.24 billion, driven by strong performance across its AI and data center segments.
Key takeaways
- Royalties reached a record $737 million, a 27% increase year-on-year, fueled by substantial gains in the data center segment.
- License revenue rose 25% to $505 million, indicating robust demand for next-generation technologies.
- Arm's data center royalty revenue has more than doubled year-on-year, with expectations of becoming the company's largest segment in the near future.
- Continued investment in R&D highlights the company’s focus on innovation across Edge AI, Physical AI, and Cloud AI business units.
- The compute subsystem (CSS), now with 21 licenses across 12 companies, is significantly enhancing market entry speed and driving up the value per chip.