The Ledger ResearchPrivate

The Front Office

Scouting report · ARM

Jason Child

  • Executive Vice President and Chief Financial Officer, ARM since 2022-11src

Arm CFO since November 2022; earlier CFO of Splunk, Opendoor, Jawbone, Groupon

B+77 / 100

Ranked #14 of 23

Scouting sheet

as of 24 Sep 2026
Delivers guidance745 beat · 6 met · 3 missed · 0 withdrawn
Answers the question990 dodges in 71 answers on 8 calls
Capital allocation60company five-year record: neutral
Pay design—no proxy read yet
Skin in the game—no holding or price on file
Age
57src
In the role
4 yr
Promises scored
14
Hit rate
79%
Dodges / 100 answers
0.0
Airtime on calls
34%
Every promise, oldest firstBBMMMXXBMBMBXM

What to weigh

Watch 5

  • Pay not individually disclosed: as a UK plc filing a 20-F, Arm itemises only the CEO (its sole executive director). Senior management as a group was paid about $115.85m in FY2026, including vested awardssrc
  • He was Groupon's CFO when it revised its Q4 2011 results in March 2012 and reported a material weakness in its financial close. Securities class actions followed against the company and certain officers and directors; the 10-Q does not name themsrc
  • Scrapped full-year guidance in May 2025, citing tariff visibility. His medium-term royalty-growth guidance has missed or been trimmed each year (dossier S8 rows 6 and 7)src
  • In July 2026, 84 days after guiding FY2027 royalty growth at about 20%, he said it was probably closer to the high teenssrc
  • Steady 10b5-1 sales of vested restricted stock: about $14.4m in the past year, against 174,232 shares held in May 2026src

Career

  1. 2022 – now
    Armsrc
    Executive Vice President and Chief Financial Officer
    Since November 2022; CFO through the September 2023 Nasdaq listing
  2. 2022 – now
    Coupang, Inc.src
    Non-executive director
    Since April 2022
  3. 2019 – 2022
    Splunksrc
    Senior Vice President and Chief Financial Officer
    Started 2019-05-06; resigned as CFO effective 2022-09-26 and stayed as strategic advisor to the CEO until early November 2022 (SPLK-8K-2022)
  4. 2017 – 2019
    Opendoor Labssrc
    Chief Financial Officer
  5. 2015 – 2016
    Jawbonesrc
    Chief Financial Officer
  6. 2010 – 2015
    Groupon, Inc.src
    Chief Financial Officer
    CFO through Groupon's IPO of Class A common stock (GRPN-10Q-2012Q1)
  7. 1999 – 2010
    Amazon.com, Inc.src
    Global finance leadership roles, including CFO of Amazon International
    The Splunk 8-K says over 11 years; the CFO of Amazon International title is from the 20-F

Undated in the sources

  • Arthur Andersen LLPsrc, Began his career there

Not located: 2016-2017 between Jawbone and Opendoor not described; Arthur Andersen years not dated in any source searched

Achievements

  • Four earlier CFO roles before Arm: Groupon (2010-2015), Jawbone (2015-2016), Opendoor (2017-2019) and Splunk (2019-2022)src
  • Over eleven years in Amazon's finance organisation, ending as CFO of Amazon Internationalsrc
  • Has been Arm's CFO since November 2022, through its September 2023 Nasdaq listingsrc
  • Director of Coupang since April 2022src

Education

  • University of Washington, Foster School of Business, BA Businesssrc

Background

  • Family The FY2026 20-F states there are no family relationships among Arm's non-executive directors and senior management; Splunk's 2019 8-K said the same of himsrc
  • Boards Non-executive director of Coupang, Inc. since April 2022; Global Advisory Board of the University of Washington's Foster School of Businesssrc
  • Other Named by the 20-F as one of the senior managers Arm is particularly dependent on, with the CEO, the Chief Legal Officer and the Chief Architectsrc

The promise ledger

14 scored · 0 open
ResultWhat was promisedWhere it is scoredHow
B BeatQ2 FY25 revenue $780–830m; non-GAAP EPS $0.23–0.27ARM row 1written outlook
B BeatQ3 FY25 revenue $920–970m; EPS $0.32–0.36ARM row 2said it
M MetQ4 FY25 revenue $1,175–1,275m; EPS $0.48–0.56ARM row 3said it
M MetFY25 revenue $3.8–4.1bn; EPS $1.45–1.65; opex ~$2.05bnARM row 4written outlook
M MetQ1 FY26 revenue $1.0–1.1bn; EPS $0.30–0.38; royalty growth 25–30%ARM row 5said it
X MissedRoyalty +10–15% sequentially in each of Q3 and Q4 FY26ARM row 6said it
X MissedFY26 royalty growth "mid-20%"ARM row 7said it
B BeatQ2 FY26 revenue $1.01–1.11bn; EPS $0.29–0.37; royalty and licence ~flat q/qARM row 8said it
M MetQ3 FY26 revenue $1.225bn ± $50m; EPS $0.41 ± $0.04; royalty "just over 20%" (revenue and EPS)ARM row 9said it
B BeatQ3 FY26 revenue $1.225bn ± $50m; EPS $0.41 ± $0.04; royalty "just over 20%" (royalty growth)ARM row 9said it
M MetQ4 FY26 revenue $1.47bn ± $50m; EPS $0.58 ± $0.04; royalty low teens, licence high teensARM row 10said it
B BeatQ1 FY27 revenue $1.26bn ± $50m; EPS $0.40 ± $0.04; royalty and licence ~+20%ARM row 11said it
X MissedDreamBig acquisition (~$265m cash) to close by end of Q4 FY26ARM row 13written outlook
M MetSoftBank licence and design services ~$200m a quarterARM row 14said it

Questions dodged

0.0 per 100 answers

None logged on the calls reviewed.

Calls reviewed

  • FY2025-Q2.roic.json — 5 answers, 21% of the words
  • FY2025-Q3.roic.json — 20 answers, 39% of the words
  • FY2025-Q4.roic.json — 12 answers, 46% of the words
  • FY2026-Q1.roic.json — 7 answers, 28% of the words
  • FY2026-Q2.roic.json — 5 answers, 34% of the words
  • FY2026-Q3.roic.json — 10 answers, 35% of the words
  • FY2026-Q4.roic.json — 6 answers, 29% of the words
  • FY2027-Q1.roic.json — 6 answers, 37% of the words

Sources

12
  1. Filing Arm Holdings plc Form 20-F, FY ended 2026-03-31 (0001973239-26-000097), Items 6.A, 6.B, 6.E · 2026-05-26
  2. Filing Splunk Inc. 8-K Item 5.02, appointment of Jason Child as SVP & CFO effective 2019-05-06 (0001104659-19-026222) · 2019-05-02
  3. Filing Splunk Inc. 8-K Ex-99.1 press release, CFO appointment (0001104659-19-026222) · 2019-05-02
  4. Filing Splunk Inc. 8-K Item 5.02, Jason Child resigns as CFO effective 2022-09-26 (0001104659-22-103026) · 2022-09-26
  5. Filing Groupon, Inc. 10-Q for Q1 2012 (0001445305-12-001731): names Jason E. Child as CFO; legal proceedings note on the March 2012 revision and material weakness · 2012-05-15
  6. Filing Form 144, Jason Child (0001959173-26-007048): proposes 10,400 ADSs; lists his sale of 2026-08-27; 10b5-1 plan adopted 2026-05-22 · 2026-09-21
  7. Filing Form 144, Jason Child (0001959173-26-003796): proposes 31,920 ADSs; lists his sales of 2026-03-25 and 2026-04-22 · 2026-05-20
  8. Filing Form 144, Jason Child (0001959173-26-003032): lists his sale of 2026-02-18 · 2026-04-22
  9. Filing Form 144, Jason Child (0001959173-26-001108): lists his sale of 2025-11-19; 10b5-1 plan adopted 2025-05-30 · 2026-02-18
  10. Filing Form 144, Jason Child (0001959173-25-007124): lists his sales of 2025-09-05, 09-10 and 10-14 · 2025-11-19
  11. Call transcript ARM Q4 FY2025 earnings call (2025-05-07), ROIC.ai
  12. Call transcript ARM Q1 FY2027 earnings call (2026-07-29), ROIC.ai