ARM Revenue By Country: U.S., China, Taiwan, and South Korea

Microchips. Pexels Images.

This article looks at ARM Holdings’ sales revenu categorized by country. For your information, ARM derives the majority of its revenue from only a handful of countries. The bulk of ARM’s revenue comes from only two regions, namely North America and Asia. The revenue from these regions alone made up over 90% of ARM’s total sales in fiscal year 2026.

Let’s look at the numbers!

For other key statistics of ARM Holdings, you may find more information on this page: ARM key statistics.

Please use the table of contents to navigate this page.

Definitions

To help readers understand the content better, the following terms and glossaries have been provided.

Revenue By Country: According to ARM’s fiscal year 2026 annual report, ARM defines its revenue by geographic region as revenue allocated to individual countries based on the principal headquarters of the customers.

However, ARM stated that the geographical locations are not necessarily indicative of the country in which the customer sells products containing ARM’s technology IP.

Back To Table Of Contents

FAQs

To help readers understand the content better, the following FAQs have been provided.

How Does ARM Expand Globally?

ARM Holdings, now commonly referred to as ARM, has pursued global expansion through strategic partnerships, licensing agreements, and innovation in semiconductor technology. Here’s a brief overview of how ARM has achieved its global presence:

• Licensing Model: Unlike companies that manufacture their chips, ARM designs the architecture for ARM processors and then licenses these designs to semiconductor companies worldwide. This model allows ARM to spread its technology globally without needing physical manufacturing facilities in different countries.

• Innovation and R&D: ARM heavily invests in research and development to stay at the forefront of chip technology. This commitment to innovation attracts companies globally, ensuring ARM’s designs remain integral to various electronic devices, from smartphones to servers.




• Strategic Partnerships: ARM has partnered with many tech companies worldwide. These partnerships broaden its reach and ensure its architectures are compatible with various software and other hardware components, making ARM a preferred choice for many manufacturers.

• Focus on Emerging Technologies: ARM has positioned itself as a leader in emerging technologies such as the Internet of Things (IoT), autonomous vehicles, and 5G technology. By focusing on these growth areas, ARM ensures its relevance and expansion into new markets and industries around the globe.

• Global Talent and Presence: ARM has research and development centres and offices in various countries across Europe, North America, and Asia. This global presence facilitates closer collaboration with clients and partners and allows ARM to tap into a vast pool of talent worldwide.

ARM has established a robust global presence through these strategies, making its technology foundational to the modern digital world.

Back To Table Of Contents

Insight & Summary of ARM’s Revenue Brekadown By Country

The following analysis consolidates the trends observed across ARM’s regional revenue for the 2022–2026 period.

• USA: Largest Market, Steadily Declining Concentration The United States remains ARM’s largest revenue market in absolute terms, growing from $1,243M (FY2022) to $1,761M (FY2026) at a FY2024–FY2026 average growth of 18.0%. However, USA’s mix share has declined consistently — from 46.0% (FY2022) to 35.8% (FY2026), with the FY2024–FY2026 average of 40.8% confirming a structural diversification trend. The FY2026 growth deceleration to just 2.6% (against 29.9% in FY2024 and 21.4% in FY2025) is notable and warrants monitoring — whether this reflects normalisation after two years of outsized US-based licensing activity or an early signal of demand rotation toward Asian markets will be an important signal in the FY2027 results. With an average revenue base of $1,630M, the US remains by a wide margin ARM’s anchor market, but its declining share is the dominant structural narrative of this dataset.

• China: Consistent Second-Largest Market with Accelerating Growth China has held the position of ARM’s second-largest market throughout the dataset, growing from $476M (FY2022) to $874M (FY2026). The FY2024–FY2026 average growth of 10.1% is more moderate than several other regions, but growth has been accelerating — from 6.1% (FY2024) to 7.5% (FY2025) to 16.7% (FY2026) — suggesting renewed momentum in China-based chip design activity. China’s mix share has declined modestly from a FY2023 peak of 24.5% to 17.8% (FY2026), with the FY2024–FY2026 average of 19.4% reflecting a stable, if not expanding, second-tier contribution. Given ongoing geopolitical considerations around semiconductor technology transfer, China’s revenue trajectory — steady rather than explosive — is consistent with a market operating within established licensing constraints rather than one experiencing structural disruption.

• Japan: The Standout Growth Story of the Dataset Japan presents the most dramatic trajectory in the entire regional dataset. With no reported revenue in FY2022–FY2023, Japan revenue emerged at $121M (FY2024) and then exploded to $296M (FY2025) and $825M (FY2026) — a 581.8% increase over two years. Japan’s mix share expanded from 3.7% (FY2024) to 16.8% (FY2026), now exceeding South Korea and approaching Taiwan’s contribution. The FY2025–FY2026 average growth of 161.6% is by far the highest of any region and reflects what appears to be a major new licensing relationship or design-win cycle with Japanese semiconductor or electronics customers — potentially tied to automotive, industrial, or AI-related chip programmes given Japan’s strength in these sectors. Japan’s emergence from a near-zero base to ARM’s third-largest market by mix in just two years represents the single most consequential regional development in this dataset and should be a priority area for forward revenue modelling.

• Taiwan: Foundry-Driven Stability with Strong Underlying Growth Taiwan — home to TSMC and the broader semiconductor foundry ecosystem — has grown from $431M (FY2022) to $695M (FY2026), with a FY2024–FY2026 average growth of 25.5%, the second-highest sustained growth rate among established markets (after Japan’s emergent surge). Taiwan’s mix share has remained relatively stable in the 14–16% range across all five years (FY2024–FY2026 average: 15.3%), reflecting Taiwan’s structural role as a foundry and chip design hub whose ARM licensing activity scales with broader semiconductor industry capacity expansion. The FY2023 dip to -16.7% appears to be a cyclical pause within an otherwise consistently strong growth trajectory.

• South Korea: Smaller but Reliable Contributor South Korea has grown steadily from $226M (FY2022) to $392M (FY2026), with FY2024–FY2026 average growth of 18.0% — identical to the USA’s average growth rate despite South Korea’s much smaller base. South Korea’s mix share has held in a narrow 8.0–9.5% band (FY2024–FY2026 average: 8.5%), making it the most mix-stable region in the dataset alongside Taiwan. With Samsung and SK Hynix as the dominant semiconductor customers in this market, South Korea’s steady contribution likely reflects ongoing mobile, memory, and foundry-adjacent licensing activity without the volatility seen in Japan or China.

• Structural Takeaway: ARM’s regional revenue mix is undergoing a meaningful geographic rebalancing. The USA’s declining mix share (46.0% → 35.8%) is being absorbed primarily by Japan’s emergence (0% → 16.8%) rather than by China or Taiwan, whose shares have been comparatively stable. This suggests the FY2026 diversification is driven by a specific new revenue source — most likely concentrated licensing or royalty agreements with one or more major Japanese customers — rather than a broad-based geographic shift in ARM’s overall customer base.

  For investors, Japan’s trajectory is the single most important regional variable to monitor going forward: if the FY2025–FY2026 growth rate (161.6% average) moderates toward a more sustainable level while maintaining its newly-established ~17% mix share, this would represent a durable diversification win. Conversely, if Japan’s revenue proves concentrated in one-time licensing deals rather than recurring royalty streams, the FY2026 mix shift may partially reverse in subsequent periods. The USA, China, Taiwan, and South Korea markets — collectively representing 76.5% of FY2026 revenue (FY2024–FY2026 average) — continue to provide ARM’s stable revenue foundation, each growing at rates between 10–26% with relatively consistent mix contributions.

The table below combines all key ARM’s regional revenue metrics into a single view for the latest three fiscal years.

Back To Table Of Contents

Revenue from the U.S., China, Japan, Taiwan, and South Korea

The definition of ARM’s revenue by country is available here: revenue by country.

Back To Table Of Contents

Revenue Mix from the U.S., China, Japan, Taiwan, and South Korea

The definition of ARM’s revenue by country is available here: revenue by country.

Back To Table Of Contents

Revenue Growth from the U.S., China, Japan, Taiwan, and South Korea

The definition of ARM’s revenue by country is available here: revenue by country.

Back To Table Of Contents

References and Credits

1. All financial figures presented were obtained and referenced from ARM’s quarterly and annual reports published on the company’s investor relations page: ARM Financial Reports.

2. Pexels Images.

Back To Table Of Contents

Disclosure

We may use artificial intelligence (AI) tools to assist us in writing some of the text in this article. However, the data is directly obtained from original sources (usually the quarterly and annual reports) and meticulously cross-checked by our editors multiple times to ensure its accuracy and reliability.

If you find the information in this article helpful, please consider sharing it on social media. Additionally, providing a link back to this article from any website can help us create more content like this in the future.

Thank you for your support and engagement! Your involvement helps us continue to provide high-quality, reliable content.

Back To Table Of Contents