ARM Limited reported record earnings and strong earnings growth in fiscal 2021.
According to the official statement, ARM’s total revenue in 2021 increased by 35% compared to 2020 to $2.7 billion, while profit increased by 68% year-on-year to $1 billion. Overall, ARM’s profitability after adjustment is 37%.
ARM’s licensing (royalty free) revenue rose 61% to $1.13 billion in 2021 as the brand’s expanded product portfolio and new business models such as ARM Flexible Access provided more customers with new ways to license ARM technology.
“Our record-breaking results demonstrate that the demand for ARM technology and the strength of the ARM ecosystem has never been stronger – our platform will power the next set of technology revolutions in cloud computing, automotive systems, the Internet of Things, the metaverse and more,” said ARM CEO René Has. .
ARM’s 2021 royalty revenue is up 20% year-on-year to a record $1.54 billion driven by continued strong growth in 5G smartphones, more ADAS and IVI chips for cars, and higher prices for 32-bit microcontrollers .
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