Cambridge superchip architect Arm has posted record revenues, royalties and shipments for Q1 of 2022 and says it will drive the next phase of a global technology revolution.

The outstanding figures represented a timely boost as CEO Rene Haas and his teams gear up for a multibillion dollar haul from a New York IPO in 2023 and roll out a to-die-for technology suite covering the whole compute segment.

Arm’s Q1 total revenue was $719 million, up six per cent year-on-year. The company also achieved a record quarterly royalty revenue of $453m – up 22 per cent year-on-year. This is the first time the quarterly royalty revenue has been higher than $400m.

Arm says its strategy of diversifying into markets beyond mobile – such as automotive and infrastructure – is paying off with strong growth in all new target markets.

A record number of Q1 unit shipments was achieved as partners shipped 7.4 billion Arm-based chips – up seven per cent year-on-year.

Arm has now achieved four quarters of more than 7 billion Arm-based chips shipped.

Adjusted EBITDA was $414m, up 31 per cent year-on-year and representing a 58 per cent margin.

Rene Haas said: “Arm continues to enable our ecosystem with compute performance and efficiency leadership through a transformed strategy. 

“Together, we are meeting the insatiable demand for compute and defining the future of computing that will power the next great technology revolutions on Arm.”