Filing Flows › Arm Holdings (ARM) › Q2 FY27 › vs Q1 FY27
Arm Holdings (ARM) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Arm Holdings's revenue rose $154M (+12%) from $1.3B in Q1 FY27 to $1.4B in Q2 FY27. Gross margin 97.1% against 97.2% (-0.1 pts).
Arm Holdings, Q2 FY27: revenue $1.4B (+27% year over year), operating margin 13.9%, net earnings $130M, operating cash flow $207M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 97.1% | 97.2% | -0.1 pts |
| Operating margin | 13.9% | 7.1% | +6.9 pts |
| Net margin | 9.0% | 20.9% | -11.9 pts |
| Free cash flow margin | 9.4% | 54.7% | -45.3 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $154M | +12% |
| Gross profit | $1.4B | $1.3B | $148M | +12% |
| Cost of revenue | $42.0M | $36.0M | $6.0M | +17% |
| Other income, net | $7.0M | $162M | −$155M | -96% |
| Operating profit | $201M | $91.0M | $110M | +121% |
| Operating expenses | $1.2B | $1.2B | $38.0M | +3% |
| Pre-tax earnings | $208M | $253M | −$45.0M | -18% |
| Research & development | $857M | $838M | $19.0M | +2% |
| SG&A | $343M | $317M | $26.0M | +8% |
| Net earnings | $130M | $270M | −$140M | -52% |
| Income tax | $78.0M | −$17.0M | $95.0M | — |
| Operating cash sources | $587M | $688M | −$101M | -15% |
| Depreciation & amortization | $81.0M | $75.0M | $6.0M | +8% |
| Share-based compensation | $376M | $343M | $33.0M | +10% |
| Working capital & other | $380M | −$214M | $594M | — |
| Operating cash flow | $207M | $902M | −$695M | -77% |
| Free cash flow (OCF − capex) | $135M | $705M | −$570M | -81% |
| Capital expenditures | $72.0M | $197M | −$125M | -63% |
Questions
How much did Arm Holdings's revenue grow quarter over quarter in Q2 FY27?
Arm Holdings's revenue rose $154M (+12%) from $1.3B in Q1 FY27 to $1.4B in Q2 FY27. Gross margin 97.1% against 97.2% (-0.1 pts).