Arm Holdings plc revealed on Wednesday that its total revenue in the third quarter of its fiscal 2025 amounted to a record $983 million, jumping 19% on an annual basis.
In the reported three-month period, year over year, net income skyrocketed 190% to $252 million, while diluted earnings per share (EPS) popped 200% to $0.24. In the fourth trimester, the company sees its total revenue in the range of $1.2 billion to $1.3 billion.
"AI demand continues to drive strong momentum for the Arm ecosystem, which is built on the world's most pervasive compute platform. We are pleased to report record total revenue and record royalty revenue for the third quarter of fiscal 2025. Drivers of our record revenue include the adoption and deployment of our latest high performance Armv9 architecture, early Compute Subsystems (CSS) shipments, IoT royalty improvement, and our partners' latest custom silicon data center projects," the firm detailed.
The company's stock slid 5.81% in the after-hours trade following the release of the report.