ARM Holdings (ARM) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
ARM Holdings (ARM) last issued guidance on July 29, 2026 for Q2 2027. The company guided earnings per share in the range of $0.43 - $0.51, compared to a consensus EPS estimate of $0.39. ARM Holdings also guided revenue in the range of $1.33B - $1.43B for the period.
Compared to prior guidance, ARM Holdings raised its revenue forecast from a prior range of $1.25B - $1.26B.
ARM Holdings has issued 19 guidance updates between November 8, 2023 and July 29, 2026. During this period, the company raised its outlook 8 times and lowered it 6 times, providing investors with insight into management's evolving expectations.
| Metric | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.36 | $0.54 | $0.33 | $0.26 |
| Actual | $0.45 | $0.60 | $0.43 | $0.39 |
| Surprise | +25.0% | +11.1% | +30.3% | +50.0% |
| Revenue | ||||
| Estimate | $1.27B | $1.47B | $1.23B | $1.06B |
| Actual | $1.29B | $1.49B | $1.24B | $1.14B |
| Surprise | +1.87% | +1.37% | +0.81% | +6.61% |
| Metric | Q2 '27E | Q3 '27E | Q4 '27E | Q1 '28E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $0.42 | $0.50 | $0.48 | $0.37 |
| Revenue | ||||
| Consensus | $1.37B | $1.53B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q1 | Jul 29, 2026 | $0.45 | $0.36 | 25.0 % |
| Q4 | May 6, 2026 | $0.60 | $0.54 | 11.1 % |
| Q3 | Feb 4, 2026 | $0.43 | $0.33 | 30.3 % |
| Q2 | Nov 5, 2025 | $0.39 | $0.26 | 50.0 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q1 | Jul 29, 2026 | $1.29B | $1.27B | 1.87 % |
| Q4 | May 6, 2026 | $1.49B | $1.47B | 1.37 % |
| Q3 | Feb 4, 2026 | $1.24B | $1.23B | 0.81 % |
| Q2 | Nov 5, 2025 | $1.14B | $1.06B | 6.61 % |