EarningsQ1 2027 Earnings Report
MX:ARMN Q1 2027 EPS Results
Actual EPS$8.13
Consensus EPS$7.27
Beat/MissBeat by +$0.87
One Year Ago EPS$6.33
MX:ARMN Q1 2027 Revenue Results
Actual Revenue$23.30B
Expected Revenue$22.82B
Beat/MissBeat by +$475.64M
YoY Revenue Growth+22.41%
Earnings Announcement Details
QuarterQ1 2027
Date07/29/2026
TimeAfter Close
Conference CallWednesday, July 29, 2026
MX:ARMN Upcoming Earnings
ARM Holdings PLC ADR's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q1 2027 Earnings Call Audio
MX:ARMN Q1 2027 Earnings Call
0:00 / 0:00
Q1 2027 Earnings Slide Deck
Q1 2027 Earnings Call Summary
Earnings Call Sentiment|Positive
The call was largely positive: Arm reported record Q1 results across revenue, royalties, licensing and EPS, strong data center momentum (double-digit to >100% YoY growth in key areas), accelerating adoption of Arm in AI infrastructure, and meaningful traction for the new Arm AGI CPU with demand exceeding earlier expectations. Near-term cautions include smartphone market softness (memory-driven BOM pressure) moderating royalty growth, supply-chain constraints for the AGI CPU ramp, and initially lower AGI CPU margins. Overall, the favorable operating results, robust cash generation, expanding ecosystem and strengthened AGI CPU demand materially outweigh the cited near-term headwinds.Company Guidance
Record Revenue and Strong Top-Line Growth
Total revenue reached $1.29 billion, up 22% year-over-year (Q1 FY27), the highest first-quarter revenue in company history.
Robust Royalty and Licensing Performance
Royalty revenue was $715 million, up 22% year-over-year; licensing and other revenue was $574 million, up 23% year-over-year — both record Q1 figures.
Earnings, Margins and Cash Generation
Non-GAAP EPS was $0.45, up 29% year-over-year and above the high end of guidance; non-GAAP operating margin was ~41%, up ~200 basis points year-over-year; free cash flow was $665 million for the quarter and $1.4 billion over the trailing 12 months.
Explosive Data Center Momentum
Data center royalties more than doubled year-over-year (>100% growth); Arm Neoverse shipments surpassed 1.5 billion cores with the most recent 500 million shipping in the last 9 months (much faster than prior cadence).
Arm AGI CPU Market Traction
Arm introduced the Arm AGI CPU in March; initial product delivered to multiple customers; secured manufacturing capacity to support the $1 billion opportunity originally outlined, while demand now exceeds $2 billion and pipeline value continues to strengthen.
Strategic Customer Wins and Ecosystem Validation
Major cloud and infrastructure partners adopting Arm-based solutions (NVIDIA Vera, Google Axion, AWS Graviton5, Microsoft Azure Cobalt 200, Qualcomm Dragonfly C1000); IDC noted Arm-based accelerated server platform spend nearly doubled in two quarters and surpassed x86 spending.
Developer and Software Momentum
Developer ecosystem expanded to more than 22 million developers; new software/ tooling launches include Performix (with Microsoft, MongoDB, Redis, SAP) and the Arm MCP server with over 10,000 Docker downloads.
Positive Near-Term Guidance
Q2 guidance: revenue $1.38 billion ± $50 million (midpoint ~22% YoY growth), license revenue expected to be up ~30% YoY, and non-GAAP EPS guidance of $0.47 ± $0.04.
MX:ARMN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed