ARM Q2 2025 Earnings — Income Statement Breakdown
For its Q2 2025 period (ending 2024-09-30), ARM reported revenue of $844M, gross profit of $812M (96.2% gross margin), operating income of $64M, and net income of $107M (12.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ARM was profitable; revenue grew 4.7% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +4.7% | +197.3% | +26.3 pp |
| Quarter over quarter | −10.1% | −52.0% | −11.1 pp |
Consensus estimate data is not available for this report.
ARM Q2 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $844M | 100% |
| Cost of Revenue | −$32M | 3.8% |
| Gross Profit | $812M | 96.2% |
| Research & Development | −$507M | 60.1% |
| Selling, General & Administrative | −$241M | 28.6% |
| Operating Income | $64M | 7.6% |
| Income Tax Expense | $43M | 5.1% |
| Net Income | $107M | 12.7% |
Source: original SEC filing (filed 2024-11-07). Accession 0001973239-24-000040. Data normalized by EarningsFyi.