NASDAQ$ARM
ARM Holdings PLC · Q4 2026 earnings
Q4 2026 earnings · · After market close · Investor relations
Briefing
Arm Q4 FY2026: record $1.49B revenue (+20%), non-GAAP EPS $0.60, FY revenue $4.92B
Arm Holdings reported Q4 and fiscal year 2026 results on May 6, 2026, for the quarter and year ended March 31, 2026. Q4 revenue reached a record $1.49 billion (+20% YoY), with licensing revenue up 29% to $819 million and royalty revenue up 11% to $671 million on higher Armv9/CSS adoption and data-center deployment. Non-GAAP operating income was $731 million (49.1% margin) and non-GAAP diluted EPS was a record $0.60 versus $0.55 prior year; GAAP net income was $313 million ($0.29 EPS). For the full fiscal year, revenue hit a record $4.92 billion (+23%), with royalty revenue of $2.61 billion (+21%) and licensing of $2.31 billion (+25%). FY non-GAAP EPS was $1.77 (+9%). Arm launched the Arm AGI CPU for data centers with over $2 billion of customer demand across FY2027–28. Q1 FY2027 revenue guidance is $1.26 billion ± $50 million.
- Q4 revenue record $1.49 billion (+20% YoY): licensing $819M (+29%), royalties $671M (+11%).
- Q4 non-GAAP EPS $0.60 (record); GAAP EPS $0.29 on $313M net income.
- Fiscal 2026 revenue $4.92 billion (+23%) with non-GAAP EPS $1.77 — third straight year of 20%+ growth.
- Arm AGI CPU launched with $2B+ customer demand; data-center royalty more than doubled YoY.
- Q1 FY2027 revenue guidance $1.26B ± $50M; non-GAAP opex ~$760M.
Headline financials
Revenue & EPS history
ARM · Revenue · Quarterly
$1.49B
Forward guidance
Q1 FY2027 revenue guidance $1.26 billion ± $50 million; non-GAAP operating expense approximately $760 million.
Tailwinds
- Third consecutive year of 20%+ revenue growth since IPO
- Arm AGI CPU demand exceeded launch expectations at $2B+ across FY27-28
Headwinds
- Non-GAAP operating margin declined to 49.1% from 52.8% on increased R&D investment
- RPO decreased 7% YoY to $2.07B on faster revenue conversion timing
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 13 quarterly earnings reports · overlaid with Q4 2026
+3.5%
Avg return
Earnings day
+7.2%
Avg return
5 days after
+15.4%
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% | — | |
| 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 | — | — | — |
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