Arm reports $1.44 billion in revenue for the second quarter of fiscal year 2027, a 27% year-over-year increase, according to an official announcement. This is a record high for the period. Licensing and other revenue reached $773 million, a 50% year-over-year increase; royalty income was $670 million, with data center royalty income more than doubling year-over-year. Reuters reports that Arm's adjusted earnings per share for the quarter were $0.52, exceeding analysts' expectations of $0.47. The company projects third-quarter revenue of approximately $1.54 billion, slightly higher than analysts' expectations of $1.53 billion. Arm's stock price fell approximately 2% in after-hours trading.