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Arm Holdings plc Files 20-F for Fiscal Year Ended March 31, 2026: Revenue Concentration, Production Silicon Expansion, and Key Risk Disclosures

Arm Holdings plc's annual 20-F filing for fiscal year 2026 discloses customer and geographic revenue concentration, an expanding push into production silicon, and a detailed risk framework spanning competition, geopolitics, and business-model transition.

Sourced from the primary SEC filing. 20-F filed May 26, 2026 · SEC EDGAR ↗

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Summary

Arm Holdings plc filed its annual report on Form 20-F with the U.S. Securities and Exchange Commission on May 26, 2026, covering the fiscal year ended March 31, 2026. The filing discloses that the company's top five customers collectively accounted for approximately 57% of total revenue during the fiscal year, while revenues from the People's Republic of China represented approximately 18% of total revenue. Management also disclosed an expanded strategic direction into production silicon products, including the Arm AGI CPU, a move the company itself characterizes as introducing materially different risk profiles compared to its traditional IP licensing model.

Key metrics

Total revenue – top 5 customers share
57%%
+1ppFY2026

Top five customers (including Arm China and SoftBank Group) collectively accounted for approximately 57% of total revenue in FY2026, up from 56% in FY2025 and 54% in FY2024, as disclosed in the filing.

Total revenue – top 5 customers share
56%%
FY2025

Prior-year comparative figure for top five customer revenue concentration.

Total revenue – top 5 customers share
54%%
FY2024

Two-year prior comparative figure for top five customer revenue concentration.

Largest customer (Arm China) share of total revenue
16%%
-1ppFY2026

Arm China individually accounted for approximately 16% of total revenue in FY2026, down from 17% in FY2025.

Largest customer (Arm China) share of total revenue
17%%
FY2025

Prior-year comparative figure for Arm China revenue concentration.

Largest customer (Arm China) share of total revenue
21%%
FY2024

Two-year prior comparative figure for Arm China revenue concentration.

PRC revenue as share of total revenue
18%%
-1ppFY2026

Revenues from the PRC (including Arm China-derived revenues) represented approximately 18% of total revenue in FY2026.

PRC revenue as share of total revenue
19%%
FY2025

Prior-year comparative figure for PRC revenue concentration.

PRC revenue as share of total revenue
22%%
FY2024

Two-year prior comparative figure for PRC revenue concentration.

PRC total revenue year-over-year growth
17%%
FY2026

Total revenues derived from the PRC increased by 17% compared to the prior fiscal year, driven mainly by royalty revenue growth, as stated in the filing.

Royalty revenue from mobile applications processors as share of royalty revenue
43%%
FY2026

Mobile applications processors constituted approximately 43% of royalty revenue for the fiscal year ended March 31, 2026, as disclosed in the filing.

Purchase commitments – third-party semiconductor supply arrangement
$100 millionUSD m
FY2026 (next 12 months)

The company disclosed purchase commitments of approximately $100 million to be purchased over the next 12 months in connection with an agreement to arrange for certain semiconductor products to be supplied by a third party to a customer.

Ordinary shares outstanding
1,064,055,252
As of March 31, 2026

Total ordinary shares of Arm Holdings plc outstanding as of the close of the period covered by the annual report.

Extracted from public filings. Figures are presented for educational purposes only.

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