As of Q3'26 (2025-12-31), ARM reported an operating income of 185M USD, marking a modest year-over-year increase of 5.7%. This latest figure reflects continued profitability following a period of significant volatility in previous quarters. From Q4'23 to Q3'26, ARM's operating income exhibited considerable fluctuations, with notable losses in Q4'23 (-50M USD) and Q2'24 (-156M USD), followed by a strong recovery and sustained positive results. The most significant surge occurred in Q4'25, where operating income reached 410M USD, representing a dramatic 1,764% YoY increase. Despite intermittent declines, the overall trend since Q2'24 has been upward, indicating improved operational performance and greater stability in recent quarters.