Arm Holdings (ARM) Stock Price vs Operating Income
Open the interactive overlay on autario.com.
Arm Holdings reported Q3 2025 Operating Income of $185 million on December 31, 2025, up 5.7% from $175 million in Q3 2024. Over that same one-year period, the stock price declined 11.4%, falling from $123.36 to $109.31 as of the latest SEC filing date. This divergence—rising Operating Income paired with falling stock price—reflects valuation compression. From the window start on September 14, 2023 through June 2, 2026, the stock price more than doubled from $63.59 to $413.60, while Operating Income showed modest growth and volatility, resulting in a 0.61 correlation between the two metrics over the period.
Operating Income was $185.0M as of 2025-12-31, +5.7% year over year. The stock moved -11% over the same window ($123.36 -> $109.31). The stock is now cheaper relative to Operating Income than a year ago (multiple compression).
Latest close: 424.00 USD (2026-06-02).
Operating Income | recent SEC reports
| Report date | Operating Income | Period |
|---|
| 2025-12-31 | 185.0M USD | Q3 6-K |
| 2025-09-30 | 163.0M USD | Q2 6-K |
| 2025-06-30 | 114.0M USD | Q1 6-K |
| 2024-12-31 | 175.0M USD | Q3 6-K |
| 2024-09-30 | 64.0M USD | Q2 6-K |
| 2024-06-30 | 182.0M USD | Q1 6-K |
| 2023-12-31 | 134.0M USD | Q3 6-K |
| 2023-09-30 | -156.0M USD | Q2 6-K |
Sources: autario.com/data/stock-arm-arm-holdings-daily-prices · autario.com/data/arm-holdings-operating-income-sec-filings | data verified and hosted on autario.com.