ARM financial statements

The full income statement, balance sheet, and cash-flow statement for Arm Holdings plc (ADR) (ARM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2022-03 1.03B2023-03 1.03B2024-03 1.04B2025-03 1.06B2026-03 1.06B+3.8% over 4 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Revenue	4.92B YoY+22.8%	4.01B YoY+23.9%	3.23B YoY+20.7%	2.68B YoY-0.9%	2.70B
	4.80B YoY+23.5%	3.89B YoY+26.2%	3.08B YoY+19.7%	2.57B YoY+0.0%	2.57B
Cost of revenue	121M YoY+0.0%	121M YoY-21.4%	154M YoY+45.3%	106M YoY-19.1%	131M
	3.90B YoY+27.6%	3.06B YoY+2.9%	2.97B YoY+56.0%	1.90B YoY-1.9%	1.94B
Research & development	2.78B YoY+34.0%	2.07B YoY+4.6%	1.98B YoY+74.7%	1.13B YoY+13.9%	995M
Selling, general & administrative	1.11B YoY+13.3%	984M YoY+0.1%	983M YoY+29.0%	762M YoY-15.1%	897M
Restructuring	—	—	1.50M YoY+0.0%	1.50M	—
Amortization of intangibles	99.0M YoY+13.8%	87.0M YoY+1.2%	86.0M	—	—
Provision for credit losses	11.0M YoY-35.3%	17.0M	0.00 YoY+100.0%	-34.0M YoY-221.4%	28.0M
Operating income	900M YoY+8.3%	831M YoY+648.6%	111M YoY-83.5%	671M YoY+6.0%	633M
Other non-operating income	132M YoY+1220.0%	10.0M YoY-9.1%	11.0M YoY+266.7%	3.00M YoY-70.0%	10.0M
Equity-method income	-5.00M YoY+98.2%	-274M YoY-1511.8%	-17.0M YoY+58.5%	-41.0M YoY-136.6%	112M
Gain (loss) on equity securities	-6.00M YoY-114.0%	43.0M	0.00	0.00	—
Pre-tax income	1.16B YoY+60.7%	720M YoY+239.6%	212M YoY-68.4%	671M YoY-14.6%	786M
Income tax	253M YoY+451.4%	-72.0M YoY+23.4%	-94.0M YoY-164.0%	147M YoY+33.8%	110M
	904M YoY+14.1%	792M YoY+158.8%	306M YoY-41.6%	524M YoY-4.6%	549M
Income from continuing operations	—	—	306M YoY-41.6%	524M YoY-22.5%	676M
	$0.85 YoY+13.3%	$0.75 YoY+158.6%	$0.29 YoY-43.1%	$0.51 YoY-5.6%	$0.54
EPS (basic)	$0.85 YoY+13.3%	$0.75 YoY+150.0%	$0.30 YoY-41.2%	$0.51 YoY-5.6%	$0.54
	1.06B YoY+1.0%	1.05B YoY+2.2%	1.03B YoY+0.2%	1.02B YoY-0.0%	1.03B
	1.07B YoY+0.5%	1.06B YoY+1.8%	1.04B YoY+1.6%	1.03B YoY+0.3%	1.03B
Balance Sheet	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	6.24B YoY+29.1%	4.83B YoY+15.1%	4.20B YoY+18.7%	3.54B	—
Cash & equivalents	2.75B YoY+31.9%	2.08B YoY+8.4%	1.92B YoY+23.7%	1.55B YoY+54.8%	1.00B
Short-term investments	850M YoY+14.9%	740M YoY-26.0%	1.00B YoY+51.3%	661M	—
Accounts receivable	1.30B YoY+17.4%	1.11B YoY+41.7%	781M YoY-21.8%	999M	—
Prepaid expenses	358M YoY+39.8%	256M YoY+63.1%	157M YoY-7.1%	169M	—
	10.7B YoY+19.8%	8.93B YoY+12.7%	7.93B YoY+15.5%	6.87B	—
Property, plant & equipment	772M YoY+118.1%	354M YoY+64.7%	215M YoY+16.2%	185M	—
Operating lease right-of-use	379M YoY+18.4%	320M YoY+56.1%	205M YoY-0.5%	206M	—
Goodwill	1.62B YoY+0.2%	1.62B YoY-0.3%	1.63B YoY+0.3%	1.62B	—
Intangible assets	230M YoY+52.3%	151M YoY-0.7%	152M YoY+10.1%	138M	—
Long-term investments	387M YoY-31.5%	565M YoY-23.8%	741M YoY+2.5%	723M	—
Deferred tax assets	375M YoY-6.5%	401M YoY+42.2%	282M YoY+102.9%	139M	—
Other non-current assets	312M YoY+2.3%	305M YoY+13.0%	270M YoY+33.7%	202M	—
Total non-current assets	4.47B YoY+8.9%	4.10B YoY+10.0%	3.73B YoY+12.0%	3.33B	—
	1.04B YoY+11.9%	929M YoY-38.3%	1.50B YoY+10.4%	1.36B	—
Accounts payable	80.0M YoY+27.0%	63.0M YoY+142.3%	26.0M YoY-68.3%	82.0M	—
Deferred revenue	294M YoY+40.7%	209M YoY+5.6%	198M YoY-32.4%	293M	—
Current lease liability	39.0M YoY+30.0%	30.0M YoY+11.1%	27.0M YoY+3.8%	26.0M	—
Other current liabilities	447M YoY+4.9%	426M YoY-49.0%	835M YoY+185.0%	293M	—
Finance lease liability (current)	25.0M YoY+150.0%	10.0M YoY+100.0%	5.00M YoY+150.0%	2.00M	—
	2.42B YoY+15.5%	2.09B YoY-20.5%	2.63B YoY-6.5%	2.81B	—
Deferred revenue (non-current)	752M YoY+7.1%	702M YoY-2.1%	717M YoY-11.2%	807M	—
Non-current lease liability	393M YoY+24.4%	316M YoY+62.9%	194M YoY+0.5%	193M	—
Operating lease liability (total)	432M YoY+24.9%	346M YoY+56.6%	221M	—	—
Finance lease liability (total)	59.0M YoY+136.0%	25.0M	—	—	—
Finance lease liability	34.0M YoY+126.7%	15.0M	—	—	—
Deferred tax liabilities	39.0M YoY-4.9%	41.0M YoY-69.6%	135M YoY-48.5%	262M	—
Other non-current liabilities	161M YoY+103.8%	79.0M YoY+29.5%	61.0M YoY+60.5%	38.0M	—
Total non-current liabilities	1.38B YoY+18.3%	1.16B YoY+3.3%	1.13B YoY-22.4%	1.45B	—
	8.29B YoY+21.2%	6.84B YoY+29.2%	5.29B YoY+30.7%	4.05B YoY+14.2%	3.55B
Common stock	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M	—
Additional paid-in capital	3.47B YoY+18.7%	2.92B YoY+34.6%	2.17B YoY+78.5%	1.22B	—
Retained earnings	4.45B YoY+25.5%	3.54B YoY+28.8%	2.75B YoY+12.0%	2.46B	—
Accumulated other comprehensive income	370M YoY-0.5%	372M YoY+0.3%	371M YoY-1.3%	376M	—
Total liabilities & equity	10.7B YoY+19.8%	8.93B YoY+12.7%	7.93B YoY+15.5%	6.87B	—
	1.06B YoY+0.7%	1.06B YoY+1.6%	1.04B YoY+1.4%	1.03B	—
	1.06B YoY+0.7%	1.06B YoY+1.6%	1.04B YoY+1.4%	1.03B	—
	1.06B YoY+0.7%	1.06B YoY+1.6%	1.04B	—	—
Cash Flow	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	1.52B YoY+283.9%	397M YoY-63.6%	1.09B YoY+47.5%	739M YoY+61.4%	458M
Depreciation & amortization	249M YoY+36.1%	183M YoY+13.0%	162M YoY-4.7%	170M YoY-8.1%	185M
Intangible amortization	99.0M YoY+13.8%	87.0M YoY+1.2%	86.0M	—	—
Share-based compensation	1.05B YoY+28.3%	820M YoY-20.9%	1.04B YoY+1212.7%	79.0M YoY+203.8%	26.0M
Deferred income taxes	15.0M YoY+106.9%	-218M YoY+19.3%	-270M YoY-694.1%	-34.0M YoY+57.5%	-80.0M
Change in receivables	201M YoY-39.3%	331M YoY+251.8%	-218M YoY-74.4%	-125M YoY-157.1%	219M
	-325M YoY-828.6%	-35.0M YoY+93.2%	-516M YoY-273.9%	-138M YoY+77.7%	-619M
Capital expenditure	545M YoY+148.9%	219M YoY+138.0%	92.0M YoY+43.8%	64.0M YoY+88.2%	34.0M
Free cash flow	979M YoY+450.0%	178M YoY-82.2%	998M YoY+47.9%	675M YoY+59.2%	424M
Acquisitions	0.00	0.00	0.00	0.00	0.00
Other investing activities	17.0M YoY+1800.0%	-1.00M YoY-200.0%	1.00M	0.00 YoY-100.0%	31.0M
	-548M YoY-171.3%	-202M YoY+2.9%	-208M YoY-395.2%	-42.0M YoY-31.3%	-32.0M
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00	0.00	0.00
Dividends paid	0.00	0.00	0.00	0.00	0.00
Other financing activities	-26.0M YoY-13.0%	-23.0M YoY-130.0%	-10.0M YoY-400.0%	-2.00M YoY+0.0%	-2.00M
FX effect on cash	15.0M YoY+650.0%	2.00M YoY-33.3%	3.00M YoY+133.3%	-9.00M YoY+47.1%	-17.0M
Net change in cash	666M YoY+311.1%	162M YoY-56.1%	369M YoY-32.9%	550M YoY+361.9%	-210M
Interest paid	—	—	0.00	0.00 YoY-100.0%	1.00M
Income taxes paid	223M YoY+49.7%	149M YoY-20.3%	187M YoY+19.1%	157M YoY+11.3%	141M
Valuation Ratios	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Market cap	161B YoY+42.7%	113B YoY-12.0%	128B	—	—
P/E	178.1× YoY+25.0%	142.5× YoY-41.7%	244.5×	—	—
P/S	32.7× YoY+16.2%	28.2× YoY-41.1%	47.8×	—	—
P/B	19.4× YoY+17.8%	16.5× YoY-47.8%	31.6×	—	—
P/FCF	164.4× YoY-74.1%	633.8× YoY+233.9%	189.8×	—	—
	0.56% YoY-20.0%	0.70% YoY+71.7%	0.41%	—	—
	0.61% YoY+285.5%	0.16% YoY-70.0%	0.53%	—	—
Source filing	20-F	20-F	20-F	10-K	10-K

About this data

Source: ARM's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ARM filings on SEC EDGAR → Not investment advice.