ARM Q3 2025 Earnings — Income Statement Breakdown

For its Q3 2025 period (ending 2024-12-31), ARM reported revenue of $983M, gross profit of $955M (97.2% gross margin), operating income of $175M, and net income of $252M (25.6% net margin). The flow of revenue into costs and profit is visualized below.

What changed

ARM was profitable; revenue grew 19.3% year over year.

ComparisonRevenueNet incomeNet margin
Year over year+19.3%+189.7%+15.1 pp
Quarter over quarter+16.5%+135.5%+13.0 pp

Consensus estimate data is not available for this report.

ARM Q3 2025 Income Statement

ARM Q3 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$983M100%
Cost of Revenue−$28M2.8%
Gross Profit$955M97.2%
Research & Development−$533M54.2%
Selling, General & Administrative−$247M25.1%
Operating Income$175M17.8%
Other Income, net$93M9.5%
Income Tax Expense−$16M1.6%
Net Income$252M25.6%

Source: original SEC filing (filed 2025-02-05). Accession 0001973239-25-000007. Data normalized by EarningsFyi.