Rambus Inc (RMBS) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2025, Rambus reported revenue of $707.6M, up 27.1% from $556.6M the year before. Net income was $230.5M (a 32.6% net margin), or $2.11 per diluted share. Gross margin was 79.6% and operating margin was 36.8%. Operating activities generated $360.0M of cash, leaving $333.2M of free cash flow. At fiscal year end, Rambus held $1.53B in total assets against $165.1M in total liabilities, including $182.8M of cash and equivalents.
Open the full interactive Rambus financials → Quarterly statements, key ratios, valuation history and price charts.
Rambus Key Stats
| Share Price | $98.17 |
|---|---|
| Market Cap | $10.80B |
| P/E Ratio | 46.5 |
| Revenue YoY Growth | +27.1% |
| 52-Week Range | $79.73 – $170.66 |
| Shares Outstanding | 108.4 million (basic, 2026 Q2) |
Rambus Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $242.7M | $328.3M | $454.8M | $461.1M | $556.6M | $707.6M |
| Gross Profit | $182.0M | $257.9M | $347.2M | $357.7M | $446.5M | $563.2M |
| Operating Income | -$46.8M | $24.3M | $76.9M | $153.6M | $183.0M | $260.2M |
| Pre-Tax Income | -$39.6M | $23.3M | -$7.8M | $187.2M | $200.0M | $282.0M |
| Income Tax | $4.0M | $5.0M | $6.5M | -$146.7M | $20.2M | $51.5M |
| Net Income | -$43.6M | $18.3M | -$14.3M | $333.9M | $179.8M | $230.5M |
| Diluted EPS | -$0.39 | $0.16 | -$0.13 | $3.01 | $1.65 | $2.11 |
Rambus Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $178.5M | $190.2M | $180.2M | $207.4M |
| Net Income | $48.4M | $63.8M | $59.9M | $67.6M |
| Diluted EPS | $0.44 | $0.58 | $0.55 | $0.61 |
Rambus Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $136.1M | $107.9M | $125.3M | $94.8M | $99.8M | $182.8M |
| Current Assets | $696.8M | $684.4M | $527.2M | $630.6M | $690.3M | $988.8M |
| Total Assets | $1.24B | $1.23B | $1.01B | $1.26B | $1.34B | $1.53B |
| Current Liabilities | $85.9M | $267.3M | $126.7M | $89.1M | $81.8M | $120.6M |
| Total Long-Term Debt | $156.0M | — | — | — | — | — |
| Total Liabilities | $338.8M | $370.2M | $233.3M | $220.1M | $222.4M | $165.1M |
| Shareholders' Equity | $905.1M | $862.4M | $779.3M | $1.04B | $1.12B | $1.36B |
Rambus Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $185.5M | $209.2M | $230.4M | $195.8M | $230.6M | $360.0M |
| Cash From Investing | -$90.4M | -$115.7M | $152.0M | -$57.4M | -$56.7M | -$223.1M |
| Cash From Financing | -$61.2M | -$114.2M | -$362.9M | -$169.6M | -$168.0M | -$54.4M |
| Free Cash Flow | $155.7M | $195.4M | $212.9M | $172.5M | $199.9M | $333.2M |
Figures from Rambus' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Rambus financials page for every line item.
Rambus Company Profile
| Ticker | RMBS |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | San Jose, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000917273 |
Frequently Asked Questions
What was Rambus' revenue in fiscal 2025?
Rambus (RMBS) reported revenue of $707.6M for fiscal 2025.
What is Rambus' annual revenue history?
Rambus' annual revenue by fiscal year: 2020: $242.7M; 2021: $328.3M; 2022: $454.8M; 2023: $461.1M; 2024: $556.6M; 2025: $707.6M.
What was Rambus' net income in fiscal 2025?
Rambus reported net income of $230.5M for fiscal 2025.
What was Rambus' earnings per share (EPS) in fiscal 2025?
Rambus' diluted EPS was $2.11 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Rambus generate in fiscal 2025?
Rambus generated $333.2M of free cash flow in fiscal 2025.
What was Rambus' revenue last quarter?
In its most recent reported quarter (2026 Q2), Rambus reported revenue of $207.4M.
How many shares of Rambus are outstanding?
Rambus reported a weighted average of 108.4 million basic shares outstanding in 2026 Q2.
What is Rambus' market cap?
Based on its latest closing price, Rambus (RMBS) has a market capitalization of about $10.80B.
When does Rambus' fiscal year end?
Rambus' fiscal year end, as registered with the SEC, is December 31.
Where is Rambus headquartered?
Rambus lists its business address in San Jose, California in its SEC filings.