The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Arm

Capital · operating

~$1.5B/yr operating cash flow (FY26); FCF ~$1.0B (FY26 $979M)

high confidence · as of 2026-07-26 · about Arm

Sourced figures 1


the working

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A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Arm.