ARM Q4 2024 Earnings — Income Statement Breakdown
For its Q4 2024 period (ending 2024-03-31), ARM reported revenue of $928M, gross profit of $887M (95.6% gross margin), operating income of $22M, and net income of $224M (24.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ARM was profitable; revenue grew 12.6% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +12.6% | +157.5% | +13.6 pp |
Consensus estimate data is not available for this report.
ARM Q4 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $928M | 100% |
| Cost of Revenue | −$41M | 4.4% |
| Gross Profit | $887M | 95.6% |
| Research & Development | −$584M | 62.9% |
| Selling, General & Administrative | −$281M | 30.3% |
| Operating Income | $22M | 2.4% |
| Other Income, net | $36M | 3.9% |
| Income Tax Expense | $166M | 17.9% |
| Net Income | $224M | 24.1% |
Source: original SEC filing (filed 2024-05-08). Accession 0001973239-24-000007. Data normalized by EarningsFyi.