NASDAQ$ARM
ARM Holdings PLC · Q3 2026 earnings
Q3 2026 earnings · · After market close · Investor relations
Briefing
Arm delivered record third-quarter results with strong revenue and earnings growth driven by AI demand.
Arm posted record Q3 revenue with strong growth in both royalty and licensing, while profitability improved on a non-GAAP basis as AI-related demand accelerated across data center, edge, and physical AI markets.
- Revenue reached a record level, marking the fourth consecutive quarter above $1 billion.
- Royalty revenue growth was driven by higher adoption of Armv9 and Compute Subsystems.
- Non-GAAP earnings increased year over year despite higher R&D investment.
- AI-driven demand continued to expand across cloud, edge, and automotive markets.
Headline financials
Revenue & EPS history
ARM · Revenue · Quarterly
$1.24B
Forward guidance
Arm guided for continued revenue and earnings growth in Q4 FYE26 driven by sustained AI demand.
Tailwinds
- Revenue guidance implies sequential growth in Q4.
- Non-GAAP EPS guidance shows continued profitability expansion.
- Ongoing strength in AI-related workloads.
- Strong adoption of Arm Compute Subsystems.
- Expanding presence in data center and cloud markets.
Headwinds
- Operating expenses expected to increase sequentially.
- Margin pressure from continued R&D investment.
- Dependence on customer adoption cycles.
- Exposure to semiconductor market volatility.
- Foreign exchange and macroeconomic risks.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 14 quarterly earnings reports · overlaid with Q3 2026
+3.5%
Avg return
Earnings day
+7.2%
Avg return
5 days after
+17.5%
Avg return
30 days after
29%
4 / 14 earnings
Positive
+56.1%
Q3 2024
Best reaction
-21.3%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -9.0% | -12.8% | +44.6% | |
| Q3 2026 | +5.7% | +20.1% | +9.0% | |
| Q2 2026 | -3.2% | -6.5% | -11.8% | |
| FY 2025 | -5.9% | -16.0% | -15.3% | |
| Q3 2025 | -3.3% | -9.0% | -27.5% | |
| Q2 2025 | +7.1% | +0.9% | +0.2% | |
| Q1 2024 | -21.3% | -21.3% | -7.8% | |
| Q1 2025 | -8.6% | -16.9% | -0.1% | |
| Q4 2022 | -3.4% | +1.7% | +31.0% | |
| Q4 2024 | -3.9% | +8.7% | +26.7% | |
| Q3 2023 | +49.6% | +55.8% | +70.7% | |
| Q3 2024 | +56.1% | +104.1% | +80.2% | |
| Q2 2023 | -3.9% | -1.8% | +23.6% | |
| Q2 2024 | -6.7% | -6.5% | +21.6% | |
| Q4 2023 | — | — | — | |
| Q1 2023 | — | — | — |
Discussion
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