Arm Holdings
ARMQ4 2025(ARM Q2 FY2026)Estimated17% AI
AI Revenue %
17%
AI Fair Value
$14.5B
AI Revenue (Q)
$198.5M
Total Revenue (Q)
$1.2B
Source: SEC EDGAR 6-K Filing
Browse 6-K filings on SEC.govAnalysis
Arm reported $1,135M total revenue (License $515M + Royalty $620M) for Q2 FY2026 (Jul-Sep 2025). Royalty revenue of $620M up 21% YoY from $514M. Six-month total $2,188M vs $1,783M YoY (23% growth). In October 2025, Arm announced acquisition of DreamBig Semiconductor for ~$265M, a chiplet-focused company — signaling further investment in AI infrastructure IP. AI-relevant revenue: (1) data center Neoverse royalties est. ~$90M (continued ramp in cloud custom silicon), (2) AI-specific licensing est. ~$43M, (3) mobile AI inference royalties est. ~$32M (on-device AI now standard in flagship phones), (4) automotive AI est. ~$12M, (5) CSS/subsystem licensing for AI est. ~$15M. Total ~$192M / $1,135M = ~17.0%. Data center royalty contribution estimated around 14-15% of royalties.
Analyzed by claude-opus-4-6
Quoted Figures
License and Other Revenue $515M, Royalty Revenue $620M, Total $1,135M
6-K filed 2025-09-30, Segment Information table
In October 2025, the Company entered into a definitive agreement to acquire all of the outstanding equity interests of DreamBig Semiconductor, Inc. for approximately $265.0 million in cash
6-K filed 2025-09-30, Subsequent Events note
AI Products Identified (Ring 1)
Neoverse V3/N3DreamBig (chiplet technology)Arm Total AccessEthos NPUArmv9 CSS
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Mobile CPU IPIoT/embeddedAutomotiveWindows on Arm PCsNetworking
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix