ARM Q2 2024 Earnings — Income Statement Breakdown
For its Q2 2024 period (ending 2023-09-30), ARM reported revenue of $806M, gross profit of $760M (94.3% gross margin), operating income of −$156M, and net income of −$110M (-13.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ARM reported a net loss; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
ARM Q2 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $806M | 100% |
| Cost of Revenue | −$46M | 5.7% |
| Gross Profit | $760M | 94.3% |
| Research & Development | −$626M | 77.7% |
| Selling, General & Administrative | −$290M | 36.0% |
| Operating Income | −$156M | -19.4% |
| Other Income, net | $37M | 4.6% |
| Income Tax Expense | $9M | 1.1% |
| Net Income | −$110M | -13.6% |
Source: original SEC filing (filed 2023-11-09). Accession 0001973239-23-000011. Data normalized by EarningsFyi.