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Side-by-side financial comparison of ARM HOLDINGS PLC (ARM) and Nomad Foods Ltd (NOMD). Click either name above to swap in a different company.

ARM HOLDINGS PLC is the larger business by last-quarter revenue ($1.2B vs $834.9M, roughly 1.5× Nomad Foods Ltd). On growth, ARM HOLDINGS PLC posted the faster year-over-year revenue change (26.3% vs -2.6%). Nomad Foods Ltd produced more free cash flow last quarter ($272.4M vs $186.0M).

Arm Holdings plc is a British semiconductor and software design company headquartered in Cambridge, UK. It designs the Arm CPU architecture and licenses its processor designs and related intellectual property to chipmakers and device manufacturers worldwide. Arm-based chips power the vast majority of smartphones and an increasing share of laptops, data center servers, and embedded devices. The company listed on Nasdaq in September 2023 and remains majority-owned by SoftBank.

Nomad Foods is the largest frozen food company in Europe, whose popular brands include Birds Eye, Ledo, Iglo, Findus, and Frikom. The company manufactures, sells and distributes a range of frozen food products across 22 European markets, with its headquarters in the United Kingdom. The most popular products in Nomad Foods’ portfolio include fish fingers, creamed spinach, peas and chicken. Nomad Foods is listed on the New York Stock Exchange trading under the ticker “NOMD”.

ARM vs NOMD — Head-to-Head

Bigger by revenue
ARM
ARM
1.5× larger
ARM
$1.2B
$834.9M
NOMD
Growing faster (revenue YoY)
ARM
ARM
+28.9% gap
ARM
26.3%
-2.6%
NOMD
More free cash flow
NOMD
NOMD
$86.4M more FCF
NOMD
$272.4M
$186.0M
ARM

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
ARM
ARM
NOMD
NOMD
Revenue
$1.2B
$834.9M
Net Profit
$223.0M
Gross Margin
97.6%
25.6%
Operating Margin
14.9%
9.1%
Net Margin
18.0%
Revenue YoY
26.3%
-2.6%
Net Profit YoY
-11.5%
EPS (diluted)
$0.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARM
ARM
NOMD
NOMD
Q4 25
$1.2B
$834.9M
Q3 25
$1.1B
Q2 25
$1.1B
Q4 24
$983.0M
$856.9M
Q3 24
$844.0M
Q2 24
$939.0M
Q4 23
$824.0M
$821.7M
Q3 23
$806.0M
Net Profit
ARM
ARM
NOMD
NOMD
Q4 25
$223.0M
Q3 25
$238.0M
Q2 25
$130.0M
Q4 24
$252.0M
$55.5M
Q3 24
$107.0M
Q2 24
$223.0M
Q4 23
$87.0M
$26.7M
Q3 23
$-110.0M
Gross Margin
ARM
ARM
NOMD
NOMD
Q4 25
97.6%
25.6%
Q3 25
97.4%
Q2 25
97.2%
Q4 24
97.2%
28.5%
Q3 24
96.2%
Q2 24
96.5%
Q4 23
95.6%
27.3%
Q3 23
94.3%
Operating Margin
ARM
ARM
NOMD
NOMD
Q4 25
14.9%
9.1%
Q3 25
14.4%
Q2 25
10.8%
Q4 24
17.8%
11.5%
Q3 24
7.6%
Q2 24
19.4%
Q4 23
16.3%
8.8%
Q3 23
-19.4%
Net Margin
ARM
ARM
NOMD
NOMD
Q4 25
18.0%
Q3 25
21.0%
Q2 25
12.3%
Q4 24
25.6%
6.5%
Q3 24
12.7%
Q2 24
23.7%
Q4 23
10.6%
3.2%
Q3 23
-13.6%
EPS (diluted)
ARM
ARM
NOMD
NOMD
Q4 25
$0.21
Q3 25
$0.22
Q2 25
$0.12
Q4 24
$0.24
Q3 24
$0.10
Q2 24
$0.21
Q4 23
$0.08
Q3 23
$-0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARM
ARM
NOMD
NOMD
Cash + ST InvestmentsLiquidity on hand
$3.5B
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$7.8B
$2.7B
Total Assets
$10.2B
$6.8B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARM
ARM
NOMD
NOMD
Q4 25
$3.5B
Q3 25
$3.3B
Q2 25
$2.9B
Q4 24
$2.7B
Q3 24
$2.4B
Q2 24
$2.5B
Q4 23
$2.4B
Q3 23
$2.2B
Total Debt
ARM
ARM
NOMD
NOMD
Q4 25
$2.5B
Q3 25
Q2 25
Q4 24
$2.4B
Q3 24
Q2 24
Q4 23
$2.3B
Q3 23
Stockholders' Equity
ARM
ARM
NOMD
NOMD
Q4 25
$7.8B
$2.7B
Q3 25
$7.4B
Q2 25
$7.0B
Q4 24
$6.4B
$2.9B
Q3 24
$6.0B
Q2 24
$5.7B
Q4 23
$5.0B
$2.8B
Q3 23
$4.8B
Total Assets
ARM
ARM
NOMD
NOMD
Q4 25
$10.2B
$6.8B
Q3 25
$9.7B
Q2 25
$9.4B
Q4 24
$8.5B
$6.9B
Q3 24
$8.1B
Q2 24
$7.9B
Q4 23
$7.1B
$6.9B
Q3 23
$6.8B
Debt / Equity
ARM
ARM
NOMD
NOMD
Q4 25
0.92×
Q3 25
Q2 25
Q4 24
0.82×
Q3 24
Q2 24
Q4 23
0.82×
Q3 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARM
ARM
NOMD
NOMD
Operating Cash FlowLast quarter
$365.0M
$357.2M
Free Cash FlowOCF − Capex
$186.0M
$272.4M
FCF MarginFCF / Revenue
15.0%
32.6%
Capex IntensityCapex / Revenue
14.4%
10.2%
Cash ConversionOCF / Net Profit
1.64×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARM
ARM
NOMD
NOMD
Q4 25
$365.0M
$357.2M
Q3 25
$567.0M
Q2 25
$332.0M
Q4 24
$423.0M
$470.2M
Q3 24
$6.0M
Q2 24
$-290.0M
Q4 23
$310.0M
$465.3M
Q3 23
$227.0M
Free Cash Flow
ARM
ARM
NOMD
NOMD
Q4 25
$186.0M
$272.4M
Q3 25
$429.0M
Q2 25
$178.0M
Q4 24
$360.0M
$383.5M
Q3 24
$-47.0M
Q2 24
$-319.0M
Q4 23
$289.0M
$376.3M
Q3 23
$193.0M
FCF Margin
ARM
ARM
NOMD
NOMD
Q4 25
15.0%
32.6%
Q3 25
37.8%
Q2 25
16.9%
Q4 24
36.6%
44.8%
Q3 24
-5.6%
Q2 24
-34.0%
Q4 23
35.1%
45.8%
Q3 23
23.9%
Capex Intensity
ARM
ARM
NOMD
NOMD
Q4 25
14.4%
10.2%
Q3 25
12.2%
Q2 25
14.6%
Q4 24
6.4%
10.1%
Q3 24
6.3%
Q2 24
3.1%
Q4 23
2.5%
10.8%
Q3 23
4.2%
Cash Conversion
ARM
ARM
NOMD
NOMD
Q4 25
1.64×
Q3 25
2.38×
Q2 25
2.55×
Q4 24
1.68×
8.47×
Q3 24
0.06×
Q2 24
-1.30×
Q4 23
3.56×
17.44×
Q3 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARM
ARM

Royalty$737.0M59%
Transferred Over Time$294.0M24%
Transferred At Point In Time$211.0M17%

NOMD
NOMD

Segment breakdown not available.

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