The latest data point for ARM's Revenue Surprise % in Q3'26 shows a negative surprise of -15.5%, indicating that actual revenue fell short of analyst expectations by a notable margin. This contrasts with the preceding Q2'26 figure of +1.6%, marking a sharp downturn in the most recent quarter. Over the period from Q2'24 to Q3'26, Revenue Surprise % has exhibited high volatility, fluctuating between a peak of +16.3% in Q1'25 and a low of -19.9% in Q3'25, with an overall trend leaning slightly positive but prone to abrupt declines in recent quarters. In parallel, Revenue Growth (YoY) demonstrates robust expansion, ranging from a low of -2.5% in Q1'24 to highs above 46.6% in Q4'24, maintaining strong double-digit growth in most periods through Q3'26 at +26.3%, underscoring ARM's consistent year-over-year revenue momentum despite surprise variability.