Arm Holdings

Arm Holdings · Semiconductors (CPU IP/Licensing)

Wed, May 6, 2026·After Market Close

ARMSemiconductorCPU IPLicensingAI InfrastructureData CenterArm AGI CPUEarnings

01Wall Street Consensus

EPS$0.58

Revenue$1.47B

EPS$0.60+3.4%

Revenue$1.49B+1.4%

After-Hours ReactionAH +11%

Adj. EPS $0.60 — beat consensus $0.58 by +3.4%, +9% YoY
Revenue $1.49B — beat consensus $1.47B by +1.4%, +20% YoY all-time quarterly high
License revenue $819M — +29% YoY (Arm Total Access 56 + Flexible Access 329 deals)
Royalty revenue $671M — +11% YoY (smartphones + data center + automotive)
**FY2026 full-year revenue $4.92B** — +23% YoY all-time fiscal-year high
ACV (Annual Contract Value) $1.66B — +22% YoY
RPO (Remaining Performance Obligations) $2.071B — -7% YoY (license-recognition accounting effect)
**Arm AGI CPU** — first dedicated data-center chip; cumulative FY2027-FY2028 demand **$2B+**
**'Arm Everywhere' $15B business trajectory on track** — strengthens role as AI-era core compute platform
Non-GAAP gross margin 98.3% / operating profit $731M (+12% YoY) / operating margin 49.1%
Non-GAAP net income $641M — +10% YoY
Operating cash flow $260M / Non-GAAP FCF $152M / cash and short-term investments $3.601B
9,584 employees (8,058 engineers) — expanded R&D talent pool
FY2027 Q1 guide revenue $1.26B (±$50M) / adj. EPS $0.40 (±$0.04) — above consensus
Management: 'As AI becomes more agentic, demand for the Arm AGI CPU has exceeded expectations — Arm's position as a key compute platform for the AI era is firmly established'

Detail

Actual EPS vs Consensus — Green Beat · Red Miss

Beat2

Miss0

Beat rate100%

Detail

Beat2Miss0Beat률 100%

분기별 EPS 컨센서스 대비 서프라이즈(%) — 막대: EPS, 점선: 매출

컨센서스 대비 실제 EPS/매출 서프라이즈 (%)

02Earnings Results

EPS$0.60+3.4%

Revenue$1.49B+1.4%

After-Hours ReactionAH +11%

Adj. EPS $0.60 — beat consensus $0.58 by +3.4%, +9% YoY
Revenue $1.49B — beat consensus $1.47B by +1.4%, +20% YoY all-time quarterly high
License revenue $819M — +29% YoY (Arm Total Access 56 + Flexible Access 329 deals)
Royalty revenue $671M — +11% YoY (smartphones + data center + automotive)
**FY2026 full-year revenue $4.92B** — +23% YoY all-time fiscal-year high
ACV (Annual Contract Value) $1.66B — +22% YoY
RPO (Remaining Performance Obligations) $2.071B — -7% YoY (license-recognition accounting effect)
**Arm AGI CPU** — first dedicated data-center chip; cumulative FY2027-FY2028 demand **$2B+**
**'Arm Everywhere' $15B business trajectory on track** — strengthens role as AI-era core compute platform
Non-GAAP gross margin 98.3% / operating profit $731M (+12% YoY) / operating margin 49.1%
Non-GAAP net income $641M — +10% YoY
Operating cash flow $260M / Non-GAAP FCF $152M / cash and short-term investments $3.601B
9,584 employees (8,058 engineers) — expanded R&D talent pool
FY2027 Q1 guide revenue $1.26B (±$50M) / adj. EPS $0.40 (±$0.04) — above consensus
Management: 'As AI becomes more agentic, demand for the Arm AGI CPU has exceeded expectations — Arm's position as a key compute platform for the AI era is firmly established'