Advanced Computing in the Age of AI | Saturday, April 20, 2024

Arm Announces Q3 Financial Results 

Feb. 8, 2023 -- Arm today reported third-quarter fiscal year 2022 financial results.

In Q3 FY22 Arm reported:

  • Total revenue $746m, up 28% year on year.
  • Arm partners shipped a record 8.0 billion Arm-based chips, taking total shipped to date to more than a quarter of a trillion (250 billion).
  • Adjusted EBITDA at $450m; adjusted EBITDA margin exceeding 50%.
  • Licensing revenue at $300m (up 65% YoY) including new strategic long-term agreements with four key customers (an automotive OEM, cloud service provider, a leading microcontroller manufacturer, and a consumer electronics semiconductor vendor).
  • Royalty revenue at $446m (up 12% YoY) driven in part by strong demand for Arm-based server technology and Arm-based chips in automotive, as well as Armv9 processor technology gaining traction in premium smartphones and cloud server applications.
  • Strong revenue growth in all target markets with double- or triple-digit revenue increases across automotive, client (consumer devices), infrastructure and IoT.

Commenting on the results, CEO Rene Haas stated: "As my first year as Arm CEO comes to a close, I am deeply grateful for the amazing contributions of our team, partners, and ecosystem as we shape the future of computing. With a quarter of a trillion Arm-based chips already changing the world, we are poised to make an even greater impact and change the world again. The world’s data centers, IoT systems, automobiles and next-generation consumer devices all need more and more power efficient computing capabilities, fueling the long-term demand for Arm technology and innovation. These strong results are a testament to the hard work of every team across the business and their continued dedication to building the future on Arm."

 

About Arm

Arm technology is defining the future of computing. Our energy-efficient processor designs and software platforms have enabled advanced computing in more than 250 billion chips and our technologies securely power products from the sensor to the smartphone and the supercomputer. Together with 1,000+ technology partners, we are enabling artificial intelligence to work everywhere, and in cybersecurity, we are delivering the foundation for trust in the digital world – from chip to cloud. The future is being built on Arm.


Source: Arm

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