Arm Achieves Record Q2 Results
Today Arm (NASDAQ:ARM) published a letter to its shareholders containing the company’s results for its fiscal second quarter and three months ended September 30, 2024. The infographic below provides the key highlights:
Here are what the results mean and how they were achieved:
- Revenue of $844 million, which is up 5% year-over-year and due to record levels of royalty revenue and continued strength in license revenue. Notably, products based on Arm Compute Subsystems (CSS) are now becoming available, including Microsoft Azure Cobalt and Google Axion in the data center, and MediaTek’s new Dimensity 9400 for smartphone.
- Royalty revenue of $514 million, which is up 23% year-over-year. This is driven primarily by smartphone market recovery and the continued adoption of Armv9, which generated around 25% of royalty revenue in the quarter, up from around 10% a year ago.
- License and other revenue of $330 million. This is a 15% decline year-over-year as expected due to the normal fluctuation in timing and size of multiple high-value license agreements. However, Arm is seeing stronger partner demand for Arm CSS and has more than doubled Arm CSS licensees signed this fiscal year.
- Non-GAAP operating income of $326 million resulting in a 38.6% non-GAAP operating margin, and non-GAAP earnings per share of $0.30.
- Demand for AI everywhere is leading partners to make long-term commitments to more powerful, power-efficient Arm technology. During the quarter, Arm and Meta announced the optimization of Meta’s new Llama 3.2 large language models (LLMs) for Arm CPUs with KleidiAI libraries, driving 5x improvements in prompt processing and 3x improvements in token generation compared to Llama 3.2 without KleidiAI.
- More than 300 billion Arm-based chips shipped cumulatively thanks to Arm’s world-leading compute ecosystem of technology partners, which also features more than 20 million software developers.
The full letter to shareholders is available on the Arm investor relations website (https://investors.arm.com/financials/quarterly-annual-results). Information about the Arm earnings conference call can be found here.
Any re-use permitted for informational and non-commercial or personal use only.
Latest on X
MediaTek's new flagship SoC, Dimensity 9500 is here!
It's built on our new Armv9.3 CPU cluster with SME2 - the key to faster, smarter on-device AI for applications like real-time translation, + paired with the Mali G1-Ultra GPU, it opens the door to a new world of AI experiences
🚀 Unleashed: MediaTek Dimensity 9500 is here — our most advanced smartphone platform. Best‑in‑class performance, next‑gen AI, and stellar power efficiency for the future of flagship mobile. Details: https://bit.ly/4npW1v9
#AllBigCoreCPU #MediaTekDimensity9500
We had an incredible time at @IAAmobility last week. 🙌
Great to see @AWS, @BYDCompany, @here, @MercedesBenz, @nuro, @ST_World, @ThunderSoft_Ltd, and more showcasing innovations shaping the next era of AI-driven mobility.
Catch some of the biggest highlights from Munich:…
Speed. Performance. Cost Efficiency.
Signal65's latest report is a demonstration of what is possible when you leverage Arm Neoverse for your cloud workloads.
☁️ ARM can win in the cloud: AWS Graviton4 delivers 34% faster XGBoost training than x86 instances while offering better cost efficiency.
Signal65's latest research shows why 50%+ of AWS's new CPU capacity is now @Arm based.
Full analysis: https://signal65.com/research/arm-neoverse-enables-leading-cloud-performance-and-cost-efficiency-with-aws-graviton4/
Register today to join leaders from Arm, AuthZed, GitHub, and AWS at our upcoming webinar and learn more about how modern infrastructure choices shaping the future of secure, scalable authorization in the era of AI agents.
👀⬇️
https://okt.to/l2HcQv
The Arm app ecosystem for Copilot+ PCs is growing fast! 💻
From productivity to creativity, more apps than ever are now optimized to deliver powerful, AI-driven performance on Arm.
Together with @Microsoft, we’re building the future of Windows on Arm. #copilot…
In this conversation with @eetimes at @IAAmobility, Dipti Vachani, SVP & GM of Automotive, shares her insights on the evolution of smart mobility, from ADAS and SDVs to AI workloads and open ecosystems that drive faster, safer innovation.
🎥:
IAA Mobility 2025: In Conversation with Dipti Vachani of Arm
At IAA Mobility 2025 in Munich, Germany, EE Times caught up with Dipti Vachani, SVP for automotive at Arm. We ...
okt.to
What if your devices knew what you needed before you did?
In the 🆕 Tech Unheard episode, Arm CEO Rene Haas and @CarnegieMellon’s Farnam Jahanian dive into that AI-driven future and the career lessons that shaped Rene's journey: https://okt.to/1KvO67
At Meta Connect, the team unveiled the next wave of wearables - all built on Arm. 👓🖐️
With AI at the center, these devices bring new connected experiences to life, helping you navigate a city, translate in real time, or get instant answers that keep your day moving. Our power…
👓 ICYMI 😎: Connect 2025 was a big day for AI glasses — let us break it down:
- Meta Ray-Ban Display: the most advanced AI glasses we’ve ever sold with an in-lens display and our Meta Neural Band that uses EMG to translate muscle movement into commands for your glasses
-…
The competitive edge in AI is shifting—so are we.
We’re rethinking infrastructure with energy efficiency, portability across environments, and total cost of ownership front of mind. This is the future of computing, built on Arm. 💪
Rethinking AI infrastructure for sustainable, scalable computing
okt.to
On @CNBCTV18Live Rene Haas highlighted India’s unique talent, government support and strong tech ecosystem that make the region central to our mission to design the technologies shaping the next era of AI. 👇
Chip-Maker Arm's Big India Bet, CEO Rene Haas Sees 'Nothing But...
EXCLUSIVE: CHIP DESIGNER ARM'S BIG INDIA BET- 4 lakh sq. ft. campus open in Bengaluru- India talent pool doubled ...
okt.to
We're proud to be at the foundation of Britain’s AI leadership.
From Stargate UK to the UK-U.S. AI Partnership, we’re driving power-efficient compute, growing our UK footprint, and investing in talent so the nation thrives in the AI era: https://okt.to/Xy8HWD
A huge thank you to everyone who joined us at the grand opening of our new office space in Bengaluru. 🎉
From inspiring messages to vibrant celebrations, it was truly a day to remember, marking a milestone for Arm India and the future of global innovation.
We’re proud to be a technology partner for Stargate UK, marking a major step in expanding Britain’s AI computing power and digital infrastructure.
We look forward to continuing to deliver scalable, power-efficient AI that enables breakthroughs from the UK to the world.…
A new benchmark report from @Signal_65 just dropped!
In this analysis, Arm-based @awscloud Graviton4 instances didn’t just outperform x86 on key general compute and AI workloads, but they did so at a much better price-performance ratio.
⬇️⬇️⬇️
https://signal65.com/research/arm-neoverse-enables-leading-cloud-performance-and-cost-efficiency-with-aws-graviton4/
Since 2015, the Arm + @UNICEF_uk partnership has supported more than 770,000 children, young people, and their communities worldwide. 🤝
This video captures 10 years of collaboration, impact, and shared commitment to building a better future. 🎥
Today, PSA Certified enters a new era.
From 7 founding partners in 2019 to 250+ certified products, it’s now under @GlobalPlatform_'s governance, ready to scale and evolve.
We look forward to continuing to support PSA as part of a new working group: https://okt.to/zbwupr
Last week Arm SVP & GM of Infrastructure, Mohamed Awad, spoke at #AIInfrASummit to share our vision for the future of compute: performance, efficiency & an open ecosystem driving the next generation of AI experiences for everyone, built on Arm.
👀:
Great conversation with @electronicspec about the growing importance of vehicle updateability in the era of software-defined vehicles (SDVs) and what this means for modern automotive compute platforms.🎙️
🎧 Listen to “Arm-ing the software-defined car" episode here:…
The @Arm Keil Studio Webinar Series covers everything from project set up to ML at the edge, helping you build, debug, and deploy faster.
✅ Watch 3 sessions on-demand
✅ Don’t miss our upcoming live sessions (Sept 16 & Sept 30)
Register now:
Celebrating the launch of the Arm Lumex CSS Platform. 🎉
Chris Bergey kicked off Arm Unlocked Shanghai by introducing our brand new platform, built for the next era of on-device AI, joined by @AliPay and vivo to share more on SME2 benefits.
A full house at @IAAmobility for a powerful panel on Software-Defined Vehicles 🚗
Dipti Vachani joined leaders from @BMWGroup, @Google, Sonatus, @Accenture, and @Automotive_News to explore how SDVs are reshaping the industry.
📸 Highlights from the session below. #IAA25
🆕 Meet Arm Lumex, our most advanced CSS platform for flagship smartphones and next-gen PCs.
Uniting SME2-enabled CPUs with new GPUs and system IP, it delivers up to 5x faster AI performance, fueling smarter, quicker experiences on billions of devices: https://okt.to/Uc3koJ
Hello #AIInfraSummit 2025📢
Come say hello to the team at booth 408 to check out our demos and take a closer look at how we're creating the foundation for AI infrastructure - focused on efficiency and performance. 💪
With an ecosystem of innovators building powerful and efficient AI Infrastructure solutions - the future potential of AI is astounding!
In this episode of TechArena, Mohamed Awad breaks down the datacenter transformation ahead of the #AIInfraSummit.
👂: https://okt.to/iSuVd6
