ARM Arm Holdings

XNGS Down Alert

· How we analyze

About the company

Arm Holdings, based in Cambridge in the UK, designs processor architectures and sells licenses for them. Chipmakers build processors for smartphones, data centers, cars and connected devices on this basis and pay royalties per chip. The majority owner is Japan’s Softbank. Traded here as a US depositary receipt. As of Oct 16, 2026

Fact sheet (from the annual report) Semiconductors (chips) · Cambridge, United Kingdom

Arm develops computing platforms for processors and licenses them to other companies. Semiconductor companies, device makers and cloud providers pay a fee to design their own chips using the designs. In addition, Arm receives a royalty for almost every chip shipped with its technology. In the fiscal year to March 2026, a large share of these royalties came from smartphone processors. The business is divided into areas for smartphones and connected devices, for cars and robots, and for data centers and networks. In March 2026 Arm presented its first self-designed chip, the AGI CPU; production is to start by the end of 2026.

Automatically summarized from SEC annual report (20-F, filed May 26, 2026) (website of the US Securities and Exchange Commission) · reviewed Oct 17, 2026

Price performance at a glance

Last 30 trading days
  • Today +1.5%
  • 7 days +2.5%
  • 30 days −27.0%
  • 1 year +26.9%
Day range (last trading day)
−2.0%Price at 79% of the range+0.5%
52-week range
−55.9%Price at 36% of the range+99.8%
Distance from the all-time high
−49.9%

Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.

Gap with volume · Analysis method

This method currently detects no pattern for ARM. The check runs daily after the close.

You see new patterns immediately from Watcher, on the free plan 2 days after they form. Plans and pricing

What does the pattern show?

What is this? After strong news, usually earnings, the price opened above the previous day’s high and closed much higher on heavy volume. Such moves often continue for a few more days.

This is a calculated analysis, not a forecast and not a call to buy. Risk notice and investment advice

Fundamental analysis

Arm Holdings · amounts in USD

Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of May 26, 2026.

Quality checks

Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.

Fiscal year to Mar 31, 2026

Quality 7 of 8 met

  • met: Gross margin above 40% 97.5%
  • met: Operating margin above 15% 18.3%
  • met: Net margin above 10% 18.4%
  • not met: Return on equity above 15% 10.9%
  • met: Free cash flow margin above 10% 19.9%
  • met: Profit in each of the last 5 fiscal years 5 of 5
  • met: Free cash flow positive in each of the last 3 fiscal years 3 of 3
  • met: Equity ratio above 30% 77.4%
Gross margin

97.5% Fiscal year 2026

Rank 100 of 100: higher than 100% of 153 peers (All). strong.

Share of revenue left after the direct cost of the products sold.

Operating margin

18.3% Fiscal year 2026

Rank 55 of 100: higher than 55% of 192 peers (All). medium.

Operating income divided by revenue: what the core business earns before interest and taxes.

Net margin

18.4% Fiscal year 2026

Rank 63 of 100: higher than 63% of 237 peers (All). medium.

Profit after all costs, interest and taxes divided by revenue.

Return on equity

10.9% Fiscal year 2026

Rank 33 of 100: higher than 33% of 218 peers (All). medium.

Net income divided by equity at fiscal year end.

Return on assets

8.4% Fiscal year 2026 (total assets at year end)

Rank 65 of 100: higher than 65% of 238 peers (All). medium.

Net income divided by total assets at fiscal year end.

Equity ratio

77.4% Fiscal year 2026

Rank 94 of 100: higher than 94% of 239 peers (All). strong.

Equity as a share of total assets. Usually low for banks.

Free cash flow margin

19.9% Fiscal year 2026

Rank 69 of 100: higher than 69% of 213 peers (All). strong.

Free cash flow divided by revenue.

Free cash flow

979.0M USD Fiscal year 2026

Operating cash flow minus capital expenditure on property and equipment.

Growth 3 of 3 met · 4 without data

  • met: Over 3 years, revenue grew by more than 5% per year +22.5%
  • no data: Over 5 years, revenue grew by more than 5% per year no comparable figures over 5 years
  • no data: Over 10 years, revenue grew by more than 5% per year no comparable figures over 10 years
  • met: Over 3 years, EPS grew by more than 5% per year +18.6%
  • no data: Over 5 years, EPS grew by more than 5% per year not computable (loss in the first or last year, or figures missing)
  • no data: Revenue rose in at least 4 of the last 5 fiscal years fewer than 6 fiscal years reported
  • met: Revenue rose in the last fiscal year +22.8%
Revenue growth 3 years

+22.5% per year

Rank 79 of 100: higher than 79% of 230 peers (All). strong.

Average growth per year over 3 fiscal years.

EPS growth 3 years

+18.6% per year

Rank 67 of 100: higher than 67% of 157 peers (All). strong.

Growth of earnings per share per year, adjusted for stock splits.

Dividend no criteria with data · 7 without data

  • no data: Pays a dividend 20-F filer without dividend per share
  • no data: Payout ratio at most 60% of earnings 20-F filer without dividend per share
  • no data: Dividend paid in each of the last 5 fiscal years 20-F filer without dividend per share
  • no data: Dividend per share never lowered in the last 5 fiscal years 20-F filer without dividend per share
  • no data: Dividend per share higher than 5 years ago 20-F filer without dividend per share
  • no data: Free cash flow per share covers the dividend 20-F filer without dividend per share
  • no data: Dividends paid over the last 5 years covered by free cash flow 20-F filer without dividend per share

Financial strength 4 of 4 met · 2 without data

  • met: Piotroski F-Score at least 7 of 9 7 of 8 · 1 without data
  • no data: Long-term debt no higher than equity no long-term debt reported
  • met: Current assets cover current liabilities 6.00
  • met: Positive equity 8.3B USD
  • no data: In 5 years, share count up by at most 5% no comparable share count 5 years ago
  • met: Free cash flow positive in the last fiscal year 979.0M USD
Piotroski F-Score

7 of 8 Fiscal year 2026

No rank: not all 9 criteria have data.

Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.

Liquidity (current ratio)

6.00 at fiscal year end

Rank 93 of 100: higher than 93% of 215 peers (All). strong.

Current assets divided by current liabilities.

Change in share count

+3.9% in 3 years

No rank: too few peers or not computed yet.

Change in diluted share count. Negative = share buybacks, positive = new shares.

The 9 criteria of the Piotroski F-Score
  • met: Profit in the last fiscal year (positive return on assets)
  • met: Positive operating cash flow
  • met: Return on assets higher than the prior year
  • met: Operating cash flow higher than net income
  • no data: Long-term debt relative to total assets fell
  • met: Liquidity (current assets / current liabilities) rose
  • not met: No additional shares (diluted share count did not rise)
  • met: Gross margin higher than the prior year
  • met: Revenue relative to total assets higher than the prior year

Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.

20-F filer (foreign company): amounts in the reporting currency, no price-based criteria.

Price-based criteria (P/E, dividend yield) are shown to signed-in users.

Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.

In short

  • Light green: Revenue grew over 3 years (+22.5% per year).
  • Light green: Net income (total) grew over 3 years (+19.9% per year); per share +18.6% per year.
  • Light green: Net margin 18.4%.
  • Light green: Profit in each of the last 5 fiscal years.

Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.

RevenueNet income Net margin (below) in USD
  1. Fiscal year 2022 (Apr 1, 2021 – Mar 31, 2022): Revenue 2.7B USD · Net income 549.0M USD · Net margin 20.3%
  2. Fiscal year 2023 (Apr 1, 2022 – Mar 31, 2023): Revenue 2.7B USD · Net income 524.0M USD · Net margin 19.6%
  3. Fiscal year 2024 (Apr 1, 2023 – Mar 31, 2024): Revenue 3.2B USD · Net income 306.0M USD · Net margin 9.5%
  4. Fiscal year 2025 (Apr 1, 2024 – Mar 31, 2025): Revenue 4.0B USD · Net income 792.0M USD · Net margin 19.8%
  5. Fiscal year 2026 (Apr 1, 2025 – Mar 31, 2026): Revenue 4.9B USD · Net income 904.0M USD · Net margin 18.4%

Fiscal year 2026 (Apr 1, 2025 – Mar 31, 2026): Revenue 4.9B USD · Net income 904.0M USD · Net margin 18.4%

Figures over time

Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.

Money flow in fiscal year 2026

Of 100 USD of revenue, 97.5 USD gross profit, 18.3 USD operating income and 18.4 USD net income remained.

Net income is above operating income (e.g. a tax benefit, gains on investments or securities).

Money flow as a table
Fiscal year 2026, amounts in USD, share of revenue
ItemAmountof revenue
Revenue4.9B USD100.0%
Gross profit4.8B USD97.5%
Cost of revenue121.0M USD2.5%
Operating income900.0M USD18.3%
Research & development2.8B USD56.4%
Other operating expenses1.1B USD22.8%
Net income904.0M USD18.4%

Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.

Margins

The operating margin fell in 4 years from 23.4% to 18.3%.

Gross marginOperating marginNet margin
  1. Fiscal year 2022: Gross margin 95.2% · Operating margin 23.4% · Net margin 20.3%
  2. Fiscal year 2023: Gross margin 96.0% · Operating margin 25.0% · Net margin 19.6%
  3. Fiscal year 2024: Gross margin 95.2% · Operating margin 3.4% · Net margin 9.5%
  4. Fiscal year 2025: Gross margin 97.0% · Operating margin 20.7% · Net margin 19.8%
  5. Fiscal year 2026: Gross margin 97.5% · Operating margin 18.3% · Net margin 18.4%

Returns

Return on equity fell in 4 years from 15.5% to 10.9%.

Return on equityReturn on assets
  1. Fiscal year 2022: Return on equity 15.5% · Return on assets not available
  2. Fiscal year 2023: Return on equity 12.9% · Return on assets 7.6%
  3. Fiscal year 2024: Return on equity 5.8% · Return on assets 3.9%
  4. Fiscal year 2025: Return on equity 11.6% · Return on assets 8.9%
  5. Fiscal year 2026: Return on equity 10.9% · Return on assets 8.4%

Equity and long-term debt

The equity ratio rose in 3 years from 59.0% to 77.4%.

Equity in USD Long-term debt, depending on the filing, includes the current portion or leases.
  1. Fiscal year 2022: Equity 3.5B USD
  2. Fiscal year 2023: Equity 4.1B USD
  3. Fiscal year 2024: Equity 5.3B USD
  4. Fiscal year 2025: Equity 6.8B USD
  5. Fiscal year 2026: Equity 8.3B USD

Liquidity (current ratio)

The current ratio rose in 3 years from 2.60 to 6.00.

Current ratio
  1. Fiscal year 2022: Current ratio not available
  2. Fiscal year 2023: Current ratio 2.60
  3. Fiscal year 2024: Current ratio 2.79
  4. Fiscal year 2025: Current ratio 5.20
  5. Fiscal year 2026: Current ratio 6.00

Cash flow

Free cash flow rose in 4 years from 424.0M USD to 979.0M USD.

Operating cash flowCapital expenditureFree cash flow in USD
  1. Fiscal year 2022: Operating cash flow 458.0M USD · Capital expenditure 34.0M USD · Free cash flow 424.0M USD
  2. Fiscal year 2023: Operating cash flow 739.0M USD · Capital expenditure 64.0M USD · Free cash flow 675.0M USD
  3. Fiscal year 2024: Operating cash flow 1.1B USD · Capital expenditure 92.0M USD · Free cash flow 998.0M USD
  4. Fiscal year 2025: Operating cash flow 397.0M USD · Capital expenditure 219.0M USD · Free cash flow 178.0M USD
  5. Fiscal year 2026: Operating cash flow 1.5B USD · Capital expenditure 545.0M USD · Free cash flow 979.0M USD

Share count

The share count rose in 4 years by 4.2% – more new shares were issued than repurchased (dilution).

Average share count
  1. Fiscal year 2022: Average share count 1.0B
  2. Fiscal year 2023: Average share count 1.0B
  3. Fiscal year 2024: Average share count 1.0B
  4. Fiscal year 2025: Average share count 1.1B
  5. Fiscal year 2026: Average share count 1.1B

From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.

Dividends and share repurchases

How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.

Dividend per share
none pays no dividend

Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.

Valuation over time

20-F filer or other currency: earnings per share and share count do not reliably match the price of the US listing (ADR) – so there is no price-based valuation here.

Key figures with traffic lights

Each light follows a simple, disclosed rule. This symbol has no sector assignment – lights with a sector comparison stay gray or use only the basic rule.

Revenue growth

Light green: growing

+22.5% per year, last 3 years

What does this mean? Revenue: over 3 years it grew by 22.5% per year on average. Comparable values for a sector comparison are missing.

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net income (total)

Light green: growing

+19.9% per year, last 3 years

per share: +18.6% per year (3 years, split-adjusted)

What does this mean? Total net income: over 3 years it grew by 19.9% per year on average. Comparable values for a sector comparison are missing.

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net margin

Light green: Gain

18.4% last fiscal year

What does this mean? Of every 100 USD in revenue, 18.37 USD remained as profit. Comparable values for a sector comparison are missing.

Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.

Debt / equity

Light gray: not available

– latest balance sheet

What does this mean? No usable figure: reported financial debt or positive equity for the same balance sheet date is missing.

Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.

Payout ratio

Light gray: none found

– Dividend / earnings per share

What does this mean? The loaded SEC filings of the last two fiscal years contain no dividend per share. Either the company pays none, or it reports it under a different tag.

Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.

Profitable years

Light green: profit every year

5 of 5 fiscal years with a profit

What does this mean? In 5 of the last 5 fiscal years the bottom line showed a profit. There were no losses in this period.

Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).

Last fiscal year and 13F

Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
4.9B USD
Revenue vs. prior year
+22.8%
Net income (FY)
904.0M USD
Net income vs. prior year
+14.1%
EPS (FY)
0.85 USD
13F funds with a position
–
Funds vs. prior quarter
–
Shares held vs. prior quarter
–
Fiscal year to Mar 31, 2026 · 20-F filed May 26, 2026 · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term). 13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
YearEndRevenueNet income MarginEarnings per shareDividend per sharePayout
2026Mar 31, 2026 4.9B904.0M 18.4% 0.85 – –
2025Mar 31, 2025 4.0B792.0M 19.8% 0.75 – –
2024Mar 31, 2024 3.2B306.0M 9.5% 0.29 – –
2023Mar 31, 2023 2.7B524.0M 19.6% 0.51 – –
2022Mar 31, 2022 2.7B549.0M 20.3% 0.54 – –
Quarters (amounts in USD, per share in USD)
QuarterEndRevenueNet income MarginEarnings per shareDividend per sharePayout
Q2/26Jun 30, 2026 1.3B270.0M 20.9% 0.25 – –
Q1/26*Mar 31, 2026 1.5B313.0M 21.0% – – –
Q4/25Dec 31, 2025 1.2B223.0M 18.0% 0.21 – –
Q3/25Sep 30, 2025 1.1B238.0M 21.0% 0.22 – –
Q2/25Jun 30, 2025 1.1B130.0M 12.3% 0.12 – –
Q1/25*Mar 31, 2025 1.2B210.0M 16.9% – – –
Q4/24Dec 31, 2024 983.0M252.0M 25.6% 0.24 – –
Q3/24Sep 30, 2024 844.0M107.0M 12.7% 0.10 – –
Q2/24Jun 30, 2024 939.0M223.0M 23.7% 0.21 – –
Q1/24*Mar 31, 2024 928.0M224.0M 24.1% – – –
Q4/23Dec 31, 2023 824.0M87.0M 10.6% 0.08 – –
Q3/23Sep 30, 2023 806.0M−110.0M −13.6% −0.11 – –

* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.

How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.

Insiders

All insider transactions
Insider purchases and sales on the market over 3, 6 and 12 months
PeriodPurchasesSalesNet
3 months $00 people $5.8M1 person −$5.8M
6 months $00 people $57.9M6 people −$57.9M
12 months $00 people $72.2M7 people −$72.2M

Latest transactions

  • Sep 21, 2026 Child Jason Chief financial officer (CFO) Open-market sale · 10b5-1 plan 10,400 shares · $3.1M · SEC
  • Aug 27, 2026 Child Jason Chief financial officer (CFO) Open-market sale · 10b5-1 plan 10,400 shares · $2.7M · SEC
  • Jun 2, 2026 Bartels Laura Kathleen Officer Open-market sale 11,306 shares · $4.4M · SEC
  • Jun 1, 2026 Abbey William Officer Open-market sale 3,922 shares · $1.6M · SEC
  • Jun 1, 2026 Abbey William Officer Open-market sale 2,644 shares · $1.0M · SEC
  • May 28, 2026 Abbey William Officer Open-market sale 4,200 shares · $1.4M · SEC

Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.

Trend score -40

Price vs. EMA 50-15
Price vs. EMA 200-15
EMA 50 vs. EMA 200+20
ADX (trend strength)-15
Highs and lows+0
Relative strength-15

Volatility and trend strength

ADX 14 (trend strength)25.9
Rel. strength 60 d−6.2%

ATR and moving averages as price values only when logged in.

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