What is RMBS revenue?

Rambus Inc. (RMBS) reported $796.11M of revenue for the twelve months ended Sep 30, 2026. That is up 17.3% from the year before. Revenue for fiscal 2025 was $707.63M.

Yes. Rambus Inc. earned $265.87M in net income for the twelve months ended Sep 30, 2026, a net margin of 33.4%.

How much cash and debt does RMBS have?

Rambus Inc. reported $110.53M in cash and cash equivalents on its most recent balance sheet in SEC filings.

How fast is RMBS revenue growing?

Rambus Inc.'s revenue changed +27.1% in fiscal 2025, to $707.63M. Its compound annual growth rate was +23.5% over 5 years and +9.1% over 10 years.

What is RMBS gross margin?

Rambus Inc.'s gross profit was $630.02M on $796.11M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 79.1%.

What is RMBS free cash flow?

Rambus Inc. generated $312.93M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $346.75M less capital expenditures.

What is RMBS earnings per share?

Diluted earnings per share were $2.43 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did RMBS last report financial results?

The latest statements here come from Rambus Inc.'s 10-Q filed on Oct 26, 2026, covering the period ended Sep 30, 2026.

Where does this RMBS financial data come from?

Quantisnow builds these statements from the structured XBRL data Rambus Inc. files with the SEC. It is provided for information only and is not investment advice.

Financials · RMBS

Rambus Inc. (RMBS) financials

For the twelve months ended Sep 30, 2026, Rambus Inc. reported $796.11M of revenue and $265.87M of net income.

Revenue, TTM: $796.11M
Revenue growth, YoY: +17.3%
Net income, TTM: $265.87M
Net income growth, YoY: +16.2%
Net margin: 33.4%
Free cash flow, TTM: $312.93M
EPS, diluted, TTM: $2.43
EPS growth, YoY: +15.7%
Cash: $110.53M
P/E: 32.52
P/S: 10.86
Market cap: $8.65B

Annual revenue$707.63M

FY2016FY2025

Annual net income$230.46M

FY2016FY2025

Annual free cash flow$333.18M

FY2016FY2025

RMBS revenue and earnings growth

RMBS revenueQ3 2026$218.29M

Quarter YoY: +22.3%
QoQ: +5.3%
FY YoY: +27.1%
5Y CAGR: +23.5%
10Y CAGR: +9.1%

RMBS revenue was $218.29M in fiscal Q3 2026 (ended Sep 30, 2026), up 22.3% from a year earlier and up 5.3% from the prior quarter. For the full fiscal 2025 it was $707.63M, up 27.1% from fiscal 2024. Compound annual growth was +23.5% over 5 years and +9.1% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

RMBS net incomeQ3 2026$74.56M

Quarter YoY: +54.1%
QoQ: +10.3%
FY YoY: +28.2%
10Y CAGR: +0.9%

RMBS net income was $74.56M in fiscal Q3 2026 (ended Sep 30, 2026), up 54.1% from a year earlier and up 10.3% from the prior quarter. For the full fiscal 2025 it was $230.46M, up 28.2% from fiscal 2024. Compound annual growth was +0.9% over 10 years.

RMBS EPSQ3 2026$0.69

Quarter YoY: +56.8%
QoQ: +13.1%
FY YoY: +27.9%
10Y CAGR: +1.6%

RMBS diluted EPS was $0.69 in fiscal Q3 2026 (ended Sep 30, 2026), up 56.8% from a year earlier and up 13.1% from the prior quarter. For the full fiscal 2025 it was $2.11, up 27.9% from fiscal 2024. Compound annual growth was +1.6% over 10 years.

RMBS free cash flowQ3 2026$95.88M

Quarter YoY: +16.2%
QoQ: +83.8%
FY YoY: +66.7%
5Y CAGR: +16.4%
10Y CAGR: +16.7%

RMBS free cash flow was $95.88M in fiscal Q3 2026 (ended Sep 30, 2026), up 16.2% from a year earlier and up 83.8% from the prior quarter. For the full fiscal 2025 it was $333.18M, up 66.7% from fiscal 2024. Compound annual growth was +16.4% over 5 years and +16.7% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$707.63M	$556.62M	$461.12M	$454.79M	$328.30M	$246.32M	$227.60M	$231.20M	$393.10M	$336.60M
Cost of revenue	$144.41M	$110.11M	$103.42M	$107.58M	$70.39M	$60.75M	$51.38M	$53.70M	$55.36M	$45.76M
Gross profit	$563.22M	$446.52M	$357.69M	$347.21M	$257.91M	$185.57M	$176.23M	$177.50M	$337.73M	$290.84M
Research and development	$187.71M	$162.88M	$156.83M	$158.77M	$135.68M	$139.84M	$156.81M	$158.34M	$149.13M	$129.84M
Selling, general and admin	$115.29M	$104.09M	$108.15M	$106.72M	$91.06M	$86.44M	$100.55M	$98.25M	$110.94M	$95.14M
Operating income	$260.22M	$183.01M	$153.64M	$76.94M	$24.28M	-$44.05M	-$100.14M	-$86.97M	$54.41M	$33.64M
Interest expense	$1.37M	$1.42M	$1.49M	$1.87M	$10.71M	$10.34M	$9.85M	$16.28M	$13.72M	$12.74M
Pre-tax income	$281.96M	$200.04M	$187.16M	-$7.83M	$23.29M	-$36.54M	-$82.55M	-$70.63M	$40.99M	$22.64M
Income tax	$51.50M	$20.22M	-$146.74M	$6.49M	$4.95M	$3.93M	$3.42M	$87.33M	$63.85M	$15.82M
Net income	$230.46M	$179.82M	$333.90M	-$14.31M	$18.33M	-$40.47M	-$85.96M	-$157.96M	-$22.86M	$6.82M
EPS, basic	$2.14	$1.67	$3.09	-$0.13	$0.17	-$0.36	-$0.77	-$1.46	-$0.21	$0.06
EPS, diluted	$2.11	$1.65	$3.01	-$0.13	$0.16	-$0.36	-$0.77	-$1.46	-$0.21	$0.06
Diluted shares	109.2M	109.0M	110.9M	109.5M	114.9M	113.3M	110.9M	108.5M	110.2M	113.1M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$182.82M	$99.78M	$94.77M	$125.69M	$108.26M	$129.32M	$102.52M	$116.25M	$225.84M	$135.29M
Receivables	$137.48M	$122.81M	$82.92M	$55.37M	$44.06M	$27.90M	$44.04M	$50.86M	$25.33M	$21.10M
Inventory	$44.10M	$44.63M	$36.15M	$20.90M	$8.48M	$14.47M	$10.09M	$6.77M	$5.16M	$5.63M
Current assets	$988.82M	$690.26M	$630.64M	$527.21M	$684.36M	$699.71M	$664.67M	$527.75M	$371.74M	$216.78M
Goodwill	$286.81M	$286.81M	$286.81M	$292.04M	$278.81M	$183.22M	$183.47M	$207.18M	$209.66M	$204.79M
Total assets	$1.53B	$1.34B	$1.26B	$1.01B	$1.23B	$1.25B	$1.34B	$1.36B	$891.07M	$783.50M
Current liabilities	$120.57M	$81.81M	$89.12M	$126.71M	$267.27M	$85.86M	$86.18M	$69.28M	$132.84M	$51.30M
Long-term debt	-	-	-	-	$0	$156.03M	$148.79M	$141.93M	$135.45M	$126.17M
Total debt	-	-	-	-	$0	$156.03M	$148.79M	$141.93M	$135.45M	$126.17M
Total liabilities	$165.12M	$222.44M	$220.13M	$233.30M	$370.25M	$338.70M	$368.07M	$349.04M	$319.49M	$230.71M
Shareholders' equity	$1.36B	$1.12B	$1.04B	$779.30M	$862.40M	$912.71M	$975.37M	$1.01B	$571.58M	$552.78M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$360.02M	$230.60M	$195.79M	$230.39M	$209.22M	$185.46M	$128.53M	$86.22M	$117.44M	$95.60M
Capital expenditures	$26.84M	$30.70M	$23.24M	$17.48M	$13.79M	$29.73M	$6.47M	$10.76M	$9.38M	$8.56M
Free cash flow	$333.18M	$199.90M	$172.55M	$212.91M	$195.43M	$155.73M	$122.06M	$75.46M	$108.05M	$87.05M
Investing cash flow	-$223.11M	-$56.72M	-$57.40M	$151.98M	-$115.66M	-$97.57M	-$141.47M	-$67.14M	-$75.47M	-$105.21M
Financing cash flow	-$54.41M	-$167.99M	-$169.62M	-$362.94M	-$114.21M	-$61.19M	-$298.0K	-$127.68M	$46.45M	$2.70M
Share repurchases	$7.11M	$113.31M	$100.53M	$100.42M	$100.08M	$50.07M	$0	$50.03M	$50.04M	$0
Stock-based compensation	$54.27M	$44.88M	$45.01M	$35.55M	$27.49M	$25.78M	$26.48M	$21.74M	$27.40M	$21.01M
Depreciation and amortization	$11.92M	$10.08M	$10.14M	$9.27M	-	-	-	-	-	-

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	27.1%	20.7%	1.4%	38.5%	33.3%	8.2%	-1.6%	-41.2%	16.8%	13.6%
Net income growth, YoY	28.2%	-46.1%	-	-	-	-	-	-	-	-96.8%
EPS growth, YoY	27.9%	-45.2%	-	-	-	-	-	-	-	-96.7%
Gross margin	79.6%	80.2%	77.6%	76.3%	78.6%	75.3%	77.4%	76.8%	85.9%	86.4%
Operating margin	36.8%	32.9%	33.3%	16.9%	7.4%	-17.9%	-44.0%	-37.6%	13.8%	10.0%
Net margin	32.6%	32.3%	72.4%	-3.1%	5.6%	-16.4%	-37.8%	-68.3%	-5.8%	2.0%
Free cash flow margin	47.1%	35.9%	37.4%	46.8%	59.5%	63.2%	53.6%	32.6%	27.5%	25.9%
Return on equity	16.9%	16.0%	32.2%	-1.8%	2.1%	-4.4%	-8.8%	-15.6%	-4.0%	1.2%
Return on assets	15.1%	13.4%	26.5%	-1.4%	1.5%	-3.2%	-6.4%	-11.6%	-2.6%	0.9%
Current ratio	8.20	8.44	7.08	4.16	2.56	8.15	7.71	7.62	2.80	4.23
Debt to equity	-	-	-	-	0.00	0.17	0.15	0.14	0.24	0.23

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$218.29M	$207.38M	$180.19M	$190.24M	$178.51M	$172.21M	$166.66M	$161.10M	$145.51M	$132.14M	$117.87M	$122.22M
Cost of revenue	$47.38M	$41.97M	$36.53M	$40.21M	$36.59M	$34.77M	$32.84M	$31.52M	$28.10M	$26.83M	$23.66M	$24.12M
Gross profit	$170.91M	$165.41M	$143.66M	$150.03M	$141.92M	$137.44M	$133.82M	$129.59M	$117.41M	$105.31M	$94.21M	$98.11M
Research and development	$49.35M	$51.10M	$50.23M	$49.25M	$49.51M	$46.33M	$42.62M	$43.70M	$41.30M	$40.52M	$37.36M	$35.98M
Selling, general and admin	$37.68M	$38.26M	$31.67M	$29.96M	$29.16M	$28.11M	$28.06M	$28.00M	$25.87M	$24.40M	$25.83M	$25.66M
Operating income	$83.65M	$72.73M	$61.76M	$70.83M	$63.26M	$62.99M	$63.14M	$57.86M	$54.70M	$40.32M	$30.13M	$35.13M
Interest expense	$279.0K	$302.0K	$279.0K	$320.0K	$294.0K	$382.0K	$377.0K	$352.0K	$327.0K	$371.0K	$366.0K	$377.0K
Pre-tax income	$90.53M	$79.49M	$68.63M	$77.21M	$69.29M	$67.84M	$67.62M	$62.30M	$59.03M	$44.35M	$34.35M	$62.89M
Income tax	$15.97M	$11.88M	$8.77M	$13.37M	$20.91M	$9.90M	$7.32M	$103.0K	$10.37M	$8.29M	$1.45M	$4.35M
Net income	$74.56M	$67.61M	$59.86M	$63.84M	$48.38M	$57.94M	$60.30M	$62.20M	$48.66M	$36.06M	$32.90M	$58.55M
EPS, basic	$0.69	$0.62	$0.55	$0.59	$0.45	$0.54	$0.56	$0.59	$0.45	$0.33	$0.30	$0.56
EPS, diluted	$0.69	$0.61	$0.55	$0.58	$0.44	$0.53	$0.56	$0.57	$0.45	$0.33	$0.30	$0.54
Diluted shares	108.8M	110.0M	109.7M	-	109.3M	108.5M	108.6M	-	108.5M	109.0M	110.0M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$110.53M	$87.73M	$134.32M	$182.82M	$79.20M	$87.76M	$132.19M	$99.78M	$113.98M	$124.58M	$112.61M	$94.77M
Receivables	$142.15M	$144.09M	$109.30M	$137.48M	$105.38M	$107.08M	$119.14M	$122.81M	$87.20M	$83.21M	$86.94M	$82.92M
Inventory	$87.23M	$74.84M	$58.42M	$44.10M	$44.61M	$38.60M	$44.70M	$44.63M	$48.91M	$52.60M	$47.60M	$36.15M
Current assets	$1.05B	$1.09B	$999.88M	$988.82M	$868.73M	$783.76M	$719.46M	$690.26M	$612.01M	$610.16M	$576.46M	$630.64M
Goodwill	$286.81M	$286.81M	$286.81M	$286.81M	$286.81M	$286.81M	$286.81M	$286.81M	$286.81M	$286.81M	$286.81M	$286.81M
Total assets	$1.56B	$1.61B	$1.53B	$1.53B	$1.41B	$1.47B	$1.38B	$1.34B	$1.25B	$1.25B	$1.21B	$1.26B
Current liabilities	$112.09M	$111.49M	$101.83M	$120.57M	$74.83M	$72.23M	$70.86M	$81.81M	$74.13M	$85.03M	$82.61M	$89.12M
Total liabilities	$140.50M	$145.67M	$139.91M	$165.12M	$117.87M	$239.83M	$219.53M	$222.44M	$212.59M	$221.73M	$217.24M	$220.13M
Shareholders' equity	$1.42B	$1.47B	$1.39B	$1.36B	$1.29B	$1.23B	$1.16B	$1.12B	$1.04B	$1.03B	$991.59M	$1.04B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$102.48M	$61.25M	$83.21M	$99.82M	$88.43M	$94.36M	$77.41M	$58.98M	$62.07M	$70.42M	$39.12M	$54.85M
Capital expenditures	$6.60M	$9.07M	$11.63M	$6.52M	$5.95M	$6.51M	$7.87M	$6.49M	$9.87M	$11.33M	$3.01M	$786.0K
Free cash flow	$95.88M	$52.18M	$71.57M	$93.30M	$82.48M	$87.85M	$69.54M	$52.49M	$52.20M	$59.09M	$36.11M	$54.06M
Investing cash flow	$62.68M	-$94.96M	-$85.31M	$8.33M	-$91.85M	-$131.22M	-$8.37M	-$69.74M	-$17.76M	-$40.60M	$71.37M	-$88.27M
Financing cash flow	-$142.56M	-$12.63M	-$46.26M	-$4.54M	-$5.12M	-$7.99M	-$36.76M	-$2.66M	-$55.27M	-$17.70M	-$92.35M	-$4.24M
Share repurchases	$135.35M	$387.0K	$2.57M	$1.30M	$0	$3.65M	$2.16M	$0	$50.00M	$12.50M	$50.81M	$200.0K
Stock-based compensation	$17.12M	$15.89M	$11.45M	$14.45M	$14.21M	$14.23M	$11.38M	$11.73M	$12.00M	$11.65M	$9.50M	$10.53M
Depreciation and amortization	$3.05M	$2.96M	$3.07M	$3.09M	$3.04M	$3.01M	$2.78M	$2.76M	$2.62M	$2.32M	$2.38M	-

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	22.3%	20.4%	8.1%	18.1%	22.7%	30.3%	41.4%	31.8%	38.2%	10.3%	3.6%	-0.1%
Net income growth, YoY	54.1%	16.7%	-0.7%	2.6%	-0.6%	60.7%	83.3%	6.2%	-52.8%	-78.6%	902.7%	267.1%
EPS growth, YoY	56.8%	15.1%	-1.8%	1.8%	-2.2%	60.6%	86.7%	5.6%	-51.6%	-78.1%	900.0%	260.0%
Gross margin	78.3%	79.8%	79.7%	78.9%	79.5%	79.8%	80.3%	80.4%	80.7%	79.7%	79.9%	80.3%
Operating margin	38.3%	35.1%	34.3%	37.2%	35.4%	36.6%	37.9%	35.9%	37.6%	30.5%	25.6%	28.7%
Net margin	34.2%	32.6%	33.2%	33.6%	27.1%	33.6%	36.2%	38.6%	33.4%	27.3%	27.9%	47.9%
Free cash flow margin	43.9%	25.2%	39.7%	49.0%	46.2%	51.0%	41.7%	32.6%	35.9%	44.7%	30.6%	44.2%
Current ratio	9.38	9.75	9.82	8.20	11.61	10.85	10.15	8.44	8.26	7.18	6.98	7.08

Source: XBRL data Rambus Inc. files with the SEC, latest filing dated Oct 26, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

RMBS peers

Company	Revenue	Growth	Net income	Net margin	Market cap
RMBS	$796.11M	+17.3%	$265.87M	33.4%	$8.65B
NVDANVIDIA Corporation	$302.97B	+83.4%	$192.88B	63.7%	$4.31T
TSMTaiwan Semiconductor Manufacturing Company Ltd.	NT$3.81T	+31.6%	NT$1.70T	44.6%	$2.02T
AVGOBroadcom Inc.	$89.10B	+48.7%	$38.27B	42.9%	$1.53T
AMDAdvanced Micro Devices Inc.	$45.44B	+41.9%	$7.62B	16.8%	$834.12B
MUMicron Technology Inc.	$133.19B	+256.3%	$84.97B	63.8%	$829.50B
INTCIntel Corporation	$59.89B	+12.1%	-$12.03B	-20.1%	$315.55B
AMATApplied Materials Inc.	$30.84B	+7.8%	$9.27B	30.1%	$294.06B

RMBS FAQ

9 questions

What is RMBS revenue?
Rambus Inc. (RMBS) reported $796.11M of revenue for the twelve months ended Sep 30, 2026. That is up 17.3% from the year before. Revenue for fiscal 2025 was $707.63M.
Is RMBS profitable?
Yes. Rambus Inc. earned $265.87M in net income for the twelve months ended Sep 30, 2026, a net margin of 33.4%.
How much cash and debt does RMBS have?
Rambus Inc. reported $110.53M in cash and cash equivalents on its most recent balance sheet in SEC filings.
How fast is RMBS revenue growing?
Rambus Inc.'s revenue changed +27.1% in fiscal 2025, to $707.63M. Its compound annual growth rate was +23.5% over 5 years and +9.1% over 10 years.
What is RMBS gross margin?
Rambus Inc.'s gross profit was $630.02M on $796.11M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 79.1%.
What is RMBS free cash flow?
Rambus Inc. generated $312.93M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $346.75M less capital expenditures.
What is RMBS earnings per share?
Diluted earnings per share were $2.43 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did RMBS last report financial results?
The latest statements here come from Rambus Inc.'s 10-Q filed on Oct 26, 2026, covering the period ended Sep 30, 2026.
Where does this RMBS financial data come from?
Quantisnow builds these statements from the structured XBRL data Rambus Inc. files with the SEC. It is provided for information only and is not investment advice.