Rambus Inc (RMBS) Financials
Key financial figures for Rambus Inc (Q2 2026).
Rambus reported record second-quarter 2026 revenue of $207.4 million, up 20% year over year, driven by record product revenue of $99.2 million as AI infrastructure demand for memory interface chips accelerated. Total revenue of $207.4 million, up 20% year over year and above the guidance range, the first quarter to cross $200 million. Product revenue hit a record $99.2 million, up 22% year over year and 13% quarter over quarter, driven by memory interface chips and expanded AI systems offerings including DDR5 9600 server and client memory module chipsets and PCIe 7 Switch IP. Royalties revenue was $84.2 million and contract and other revenue was $24.0 million. On the outlook: Q3 2026 guidance: total revenue $210-$216 million (product $110-$116 million, royalties $69-$75 million, contract/other $25-$31 million), GAAP diluted EPS $0.59-$0.67, non-GAAP diluted EPS $0.75-$0.82. Figures are for Q2 2026, as Rambus Inc. reported them.
- Revenue
- $207M
- Net Income
- $68M
- EPS
- $0.62
- Total Assets
- $1.6B
- Operating Cash Flow
- $61M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $207M | $68M | $0.61 | 35.07% | $52M |
| Q1 FY2026 | $180M | $60M | $0.55 | 34.27% | $72M |
| Q4 FY2025 | $190M | $64M | $0.58 | 37.23% | $93M |
| Q3 FY2025 | $179M | $48M | $0.44 | 35.43% | $82M |
| Q2 FY2025 | $172M | $58M | $0.53 | 36.58% | $88M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $708M | $230M | $2.11 | 36.77% | $333M |
| FY2024 | $557M | $180M | $1.65 | 32.16% | $200M |
| FY2023 | $461M | $334M | $3.01 | 19.84% | $173M |
Frequently asked questions
What was Rambus Inc.'s revenue last quarter?
Rambus Inc. reported revenue of $207.4 million for Q2 FY2026, up 20.4% from the same period a year earlier.
Is Rambus Inc. profitable?
Yes. Rambus Inc. reported net income of $67.6 million for Q2 FY2026, a net margin of 32.6% on revenue.
How has Rambus Inc.'s margin trended?
Operating margin was 35.07% in Q2 FY2026, compared with 36.58% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Rambus Inc. generate?
Rambus Inc. generated free cash flow of $52.2 million in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Rambus Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.