Arm Holdings plc American Depositary Shares

ARMNASDAQTechnology● Active

$342.93

$-50.51(-12.84%)

Market Cap$364.9B

P/E Ratio—

52W High$427.99

52W Low$100.02

Avg Volume9.8M

Open$369.87

Beta3.79

Overview

Arm Holdings plc American Depositary Shares (ARM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ARM · free cash flow · updated Jun 8, 2026

Core FCF metrics

ARM · FCF · TTM · margin & CAGR

Free cash flow was $979.0M for FY2026 (fiscal year ending 2026-03-31), up 450.0% year-over-year The FCF margin was 19.9%. Five-year CAGR stands at -1.7%.

FY2026 Free Cash Flow$979.0M▲ +450.0% YoY

Trailing 12M (TTM)$972.0Mtrailing 4 quarters sum

FCF Margin19.9%$979.0M ÷ revenue

3-Year CAGR+14.9%FY2023 → FY2026

5-Year CAGR-1.7%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ARM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$1.52B(545M)$979.0M▲ +450.0%19.9%

FY2025$397.0M(219M)$178.0M▼ 81.2%4.4%

FY2024$1.09B(143M)$947.0M▲ +46.6%29.3%

FY2023$739.0M(93M)$646.0M▲ +68.7%24.1%

FY2022$458.0M(75M)$383.0M▼ 64.1%14.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ARM · P/FCF · FCF yield · FCF per share

Arm Holdings plc American Depositary Shares (ARM) trades at a FCF yield of 0.27% and a price-to-free-cash-flow ratio of 372.8x. FCF per share stands at $0.92, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.27%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.92

TTM FCF ÷ Shares Outstanding

Price / FCF

x372.8

Share Price ÷ FCF per Share

EV / FCF (TTM)

x373.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-03-31

Cash flow statement summary

ARM · cash flow statement · operating / investing / financing

For FY2026, Arm Holdings plc American Depositary Shares generated $1.52B in operating cash flow and spent 545M in capital expenditures, yielding $979.0M in free cash flow.

Operating Activities

+$1.52B

Cash from core business operations

2026-03-31

Investing Activities

−$325.0M

CapEx, acquisitions & investments

2026-03-31

Financing Activities

−$548.0M

Buybacks, dividends & debt

2026-03-31

FCF FormulaOperating CF ($1.52B) − |CapEx| (545M) = FCF ($979.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

ARM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Arm Holdings plc American Depositary SharesYOU

ARM

$979.0M+450.0%19.9%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Arm Holdings plc American Depositary Shares (ARM) reported free cash flow of $979.0M for FY2026 (fiscal year ending 2026-03-31), up 450.0% year-over-year. The FCF margin was 19.9%.

Based on available data, Arm Holdings plc American Depositary Shares has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $1.07B in FY2021. The 5-year CAGR stands at -1.7%.

Arm Holdings plc American Depositary Shares's FCF yield is 0.27% and price-to-FCF ratio is 372.8x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ARM free cash flow · 8 questions

Arm Holdings plc American Depositary Shares free cash flow was $979.0M for FY2026, up 450.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $972.0M.

ARM free cash flowARM FCFARM FCF 2026ARM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Arm Holdings plc American Depositary Shares · Arm Holdings plc American Depositary Shares SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026