Going by the 2022 accounts linked in another comment, the Raspberry Pi Foundation is the charitable part, and owns 91% of Raspberry Pi Ltd (the commercial entit

Going by the 2022 accounts linked in another comment, the Raspberry Pi Foundation is the charitable part, and owns 91% of Raspberry Pi Ltd (the commercial entity that makes and sells SBCs, and the subject of the ARM press release) via another company ("Raspberry Pi MidCo Ltd"). [Edit: The link wasn't in another comment, was searched for: https://static.raspberrypi.org/files/about/RaspberryPiFoundationAnnualReview2022.pdf https://static.raspberrypi.org/files/about/RaspberryPiFounda... ]