ARM Holdings PLC cash flow statement

In fiscal 2026, ARM Holdings PLC's operations generated $1.52bn of cash; it spent $545m on capital projects, leaving free cash flow of $979m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

ARM Holdings PLC: cash flow statement, annual
Fiscal year	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Cash from operations	458	739	1,090	397	1,524
Depreciation and amortisation	185	170	162	183	249
Stock-based pay	26	79	1,037	820	1,052
Capital spending	34	64	92	219	545
Free cash flow	424	675	998	178	979
Free cash flow after stock pay	398	596	−39	−642	−73

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from ARM Holdings PLC's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to ARM Holdings PLC.