Rambus Inc (RMBS) stock

RMBSNasdaqSemiconductors & Related DevicesFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 26, 2026Score 11/307% above fair value

$84.65−6.34 (-6.97%)

Close on Oct 30, 2026Market cap $9.18BP/E 38.8Yield –

Earnings

Rambus's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

Feb 1, 2027

Q4 FY2026 · estimated, after the close

Revenue, Q3 FY2026

$218.30M

+22.3% on a year earlier

non-GAAP diluted earnings per share, Q3 FY2026

$0.84

$0.44 a year earlier

Latest guidance

Issued

Oct 26, 2026 · 3 items

Quarterly results

Revenue and earnings per share from each of Rambus's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Adj. EPS	Source
Q4 FY2026ended Dec 31, 2026	Feb 1, 2027Expected	–	–	–	–	–
Q3 FY2026ended Sep 30, 2026	Oct 26, 2026after the close	$218.30M	+22.3%	$0.69	$0.84	Release
Q2 FY2026ended Jun 30, 2026	Jul 27, 2026after the close	$207.40M	+20.4%	$0.61	$0.77	Release
Q1 FY2026ended Mar 31, 2026	Apr 27, 2026after the close	$180.20M	+8.1%	$0.55	$0.63	Release
Q4 FY2025ended Dec 31, 2025	Feb 2, 2026after the close	$190.20M	+18.1%	$0.58	$0.68	Release
Q3 FY2025ended Sep 30, 2025	Oct 27, 2025after the close	$178.50M	+22.7%	$0.44	–	Release
Q2 FY2025ended Jun 30, 2025	Jul 28, 2025after the close	$172.20M	+30.4%	$0.53	–	Release
Q1 FY2025ended Mar 31, 2025	Apr 28, 2025after the close	$166.70M	+41.4%	$0.56	$0.56	Release
Q4 FY2024ended Dec 31, 2024	Feb 3, 2025after the close	$161.10M	+31.8%	–	–	Release
Q3 FY2024ended Sep 30, 2024	Oct 28, 2024after the close	$145.50M	+38.2%	$0.45	–	Release
Q2 FY2024ended Jun 30, 2024	Jul 29, 2024after the close	$132.10M	+10.3%	$0.33	–	Release
Q1 FY2024ended Mar 31, 2024	Apr 29, 2024after the close	$117.90M	+3.6%	$0.30	–	Release
Q4 FY2023ended Dec 31, 2023	Feb 5, 2024after the close	$122.20M	-0.2%	$0.53	–	Release
Q3 FY2023ended Sep 30, 2023	Oct 30, 2023after the close	$105.30M	-6.1%	$0.93	–	Release
Q2 FY2023ended Jun 30, 2023	Jul 31, 2023after the close	$119.80M	-1.1%	$1.51	–	Release
Q1 FY2023ended Mar 31, 2023	May 1, 2023after the close	$113.80M	+14.9%	$0.03	–	Release
Q4 FY2022ended Dec 31, 2022	Feb 6, 2023after the close	$122.40M	+33.3%	$0.14	–	Release
Q3 FY2022ended Sep 30, 2022	Oct 31, 2022after the close	$112.20M	+38.0%	$0.01	–	Release
Q2 FY2022ended Jun 30, 2022	Aug 1, 2022after the close	$121.10M	–	$0.31	–	Release
Q1 FY2022ended Mar 31, 2022	May 2, 2022after the close	$99.00M	–	-$0.60	–	Release
Q4 FY2021ended Dec 31, 2021	Feb 7, 2022after the close	$91.80M	–	$0.05	–	Release
Q3 FY2021ended Sep 30, 2021	Nov 1, 2021after the close	$81.30M	–	$0.03	–	Release
Q2 FY2021ended Jun 30, 2021	Aug 2, 2021after the close	–	–	–	–	Filing
Q1 FY2021ended Mar 31, 2021	May 3, 2021after the close	–	–	–	–	Filing
Q4 FY2020ended Dec 31, 2020	Feb 1, 2021after the close	–	–	–	–	Filing
Q3 FY2020ended Sep 30, 2020	Nov 2, 2020after the close	–	–	–	–	Filing

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Rambus's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
revenueGAAP	Q4 FY2026	$227.00M – $233.00M	–	New	Oct 26, 2026
GAAP diluted earnings per shareGAAP	Q4 FY2026	$0.68 – $0.76	–	New	Oct 26, 2026
non-GAAP diluted earnings per sharenon-GAAP	Q4 FY2026	$0.84 – $0.92	–	New	Oct 26, 2026

Guidance vs results

The last range Rambus gave before each report, against the figure it then reported. Full years add up the four quarters.

Period	Metric	Guidance	Actual	Result
Q3 FY2026	EPS (GAAP)	$0.59 – $0.67	$0.69	Above range
Q3 FY2026	non-GAAP diluted earnings per share	$0.75 – $0.82	$0.84	Above range
Q3 FY2026	Revenue	$210.00M – $216.00M	$218.30M	Above range
Q2 FY2026	Revenue	$72.00M – $78.00M	$207.40M	Above range
Q1 FY2026	Revenue	$61.00M – $67.00M	$180.20M	Above range
Q4 FY2025	Revenue	$59.00M – $65.00M	$190.20M	Above range
Q3 FY2025	Revenue	$57.00M – $63.00M	$178.50M	Above range
Q2 FY2025	Revenue	$77.00M – $83.00M	$172.20M	Above range
Q1 FY2025	Revenue	$56.00M – $62.00M	$166.70M	Above range
Q4 FY2024	Revenue	$54.00M – $60.00M	$161.10M	Above range
Q3 FY2024	Revenue	$59.00M – $65.00M	$145.50M	Above range
Q2 FY2024	Revenue	$55.00M – $61.00M	$132.10M	Above range

Guidance history

Every forecast Rambus put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Oct 26, 2026	non-GAAP diluted earnings per share	Q4 FY2026	$0.84 – $0.92	New
Oct 26, 2026	GAAP diluted earnings per share	Q4 FY2026	$0.68 – $0.76	New
Oct 26, 2026	revenue	Q4 FY2026	$227.00M – $233.00M	New
Jul 27, 2026	non-GAAP diluted earnings per share	Q3 FY2026	$0.75 – $0.82	New
Jul 27, 2026	GAAP diluted earnings per share	Q3 FY2026	$0.59 – $0.67	New
Jul 27, 2026	diluted share count	Q3 FY2026	110	New
Jul 27, 2026	GAAP tax rate	Q3 FY2026	18.7%	New
Jul 27, 2026	non-GAAP tax rate	Q3 FY2026	16%	New
Jul 27, 2026	interest and other income	Q3 FY2026	$7.00M	New
Jul 27, 2026	stock-based compensation expense	Q3 FY2026	$15.70M	Raised
Jul 27, 2026	amortization of acquired intangible assets	Q3 FY2026	$1.50M	Lowered
Jul 27, 2026	other one-time adjustments	Q3 FY2026	$800.00K	Lowered
Jul 27, 2026	product revenue	Q3 FY2026	$110.00M – $116.00M	New
Jul 27, 2026	royalties revenue	Q3 FY2026	$69.00M – $75.00M	Lowered
Jul 27, 2026	contract and other revenue	Q3 FY2026	$25.00M – $31.00M	Lowered
Jul 27, 2026	GAAP operating costs and expenses	Q3 FY2026	$133.00M – $137.00M	Raised
Jul 27, 2026	non-GAAP operating costs and expenses	Q3 FY2026	$115.00M – $119.00M	New
Jul 27, 2026	revenue	Q3 FY2026	$210.00M – $216.00M	New
Apr 27, 2026	Licensing billings (operational metric)	Q2 FY2026	$76.00M – $82.00M	New
Apr 27, 2026	operating costs and expenses	Q2 FY2026	$131.00M – $127.00M	New
Apr 27, 2026	non-GAAP operating costs and expenses	Q2 FY2026	$114.00M – $110.00M	New
Apr 27, 2026	royalty revenue	Q2 FY2026	$72.00M – $78.00M	New
Apr 27, 2026	product revenue	Q2 FY2026	$95.00M – $101.00M	New
Apr 27, 2026	contract and other revenue	Q2 FY2026	$19.00M – $25.00M	Lowered
Feb 2, 2026	licensing billings	Q1 FY2026	$66.00M – $72.00M	New
Feb 2, 2026	operating costs and expenses	Q1 FY2026	$117.00M – $121.00M	New
Feb 2, 2026	non-GAAP operating costs and expenses	Q1 FY2026	$100.00M – $104.00M	New
Feb 2, 2026	royalty revenue	Q1 FY2026	$61.00M – $67.00M	New
Feb 2, 2026	product revenue	Q1 FY2026	$84.00M – $90.00M	Raised
Feb 2, 2026	contract and other revenue	Q1 FY2026	$21.00M – $27.00M	Lowered
Oct 27, 2025	licensing billings	Q4 FY2025	$60.00M – $66.00M	New
Oct 27, 2025	Interest and other income (expense), net	Q4 FY2025	$6.00M	Lowered
Oct 27, 2025	operating costs and expenses	Q4 FY2025	$116.00M – $120.00M	New
Oct 27, 2025	non-GAAP operating costs and expenses	Q4 FY2025	$99.00M – $103.00M	New
Oct 27, 2025	royalty revenue	Q4 FY2025	$59.00M – $65.00M	New
Oct 27, 2025	product revenue	Q4 FY2025	$94.00M – $100.00M	New
Oct 27, 2025	contract and other revenue	Q4 FY2025	$25.00M – $31.00M	Lowered
Jul 28, 2025	diluted share count	Q3 FY2025	108.5	New
Jul 28, 2025	Interest and other income (expense), net	Q3 FY2025	$5.00M	Lowered
Jul 28, 2025	licensing billings	Q3 FY2025	$58.00M – $64.00M	New
Jul 28, 2025	operating costs and expenses	Q3 FY2025	$115.00M – $111.00M	New
Jul 28, 2025	non-GAAP operating costs and expenses	Q3 FY2025	$98.00M – $94.00M	New
Jul 28, 2025	royalty revenue	Q3 FY2025	$57.00M – $63.00M	New
Jul 28, 2025	product revenue	Q3 FY2025	$87.00M – $93.00M	New
Jul 28, 2025	contract and other revenue	Q3 FY2025	$22.00M – $28.00M	Lowered
Apr 28, 2025	Interest and other income (expense), net	Q2 FY2025	$4.00M	Lowered
Apr 28, 2025	diluted share count	Q2 FY2025	109	New
Apr 28, 2025	tax rate	Q2 FY2025	20%	New
Apr 28, 2025	licensing billings	Q2 FY2025	$64.00M – $70.00M	New
Apr 28, 2025	operating costs and expenses	Q2 FY2025	$110.00M – $106.00M	New
Apr 28, 2025	non-GAAP operating costs and expenses	Q2 FY2025	$94.00M – $90.00M	New
Apr 28, 2025	product revenue	Q2 FY2025	$77.00M – $83.00M	New
Apr 28, 2025	contract and other revenue	Q2 FY2025	$17.00M – $23.00M	Lowered
Apr 28, 2025	royalty revenue	Q2 FY2025	$67.00M – $73.00M	New
Feb 3, 2025	operating costs and expenses	Q1 FY2025	$101.00M – $105.00M	New
Feb 3, 2025	Licensing billings (operational metric)	Q1 FY2025	$59.00M – $65.00M	New
Feb 3, 2025	non-GAAP operating costs and expenses	Q1 FY2025	$87.00M – $91.00M	New
Feb 3, 2025	royalty revenue	Q1 FY2025	$56.00M – $62.00M	New
Feb 3, 2025	product revenue	Q1 FY2025	$72.00M – $78.00M	Raised
Feb 3, 2025	contract and other revenue	Q1 FY2025	$22.00M – $28.00M	Lowered
Oct 28, 2024	operating costs and expenses	Q4 FY2024	$101.00M – $97.00M	New
Oct 28, 2024	non-GAAP operating costs and expenses	Q4 FY2024	$86.00M – $82.00M	New
Oct 28, 2024	diluted share count	Q4 FY2024	108	New
Oct 28, 2024	licensing billings	Q4 FY2024	$57.00M – $63.00M	New
Oct 28, 2024	Interest and other income (expense), net	Q4 FY2024	$4.00M	Lowered
Oct 28, 2024	royalty revenue	Q4 FY2024	$54.00M – $60.00M	New
Oct 28, 2024	Product revenue (GAAP)	Q4 FY2024	$72.00M – $78.00M	New
Oct 28, 2024	Contract and other revenue (GAAP)	Q4 FY2024	$22.00M – $28.00M	Lowered
Jul 29, 2024	licensing billings	Q3 FY2024	$60.00M – $66.00M	New
Jul 29, 2024	operating costs and expenses	Q3 FY2024	$93.00M – $97.00M	New
Jul 29, 2024	non-GAAP operating costs and expenses	Q3 FY2024	$78.00M – $82.00M	New
Jul 29, 2024	royalty revenue	Q3 FY2024	$59.00M – $65.00M	New
Jul 29, 2024	product revenue	Q3 FY2024	$62.00M – $68.00M	New
Jul 29, 2024	contract and other revenue	Q3 FY2024	$17.00M – $23.00M	Lowered
Apr 29, 2024	licensing billings	Q2 FY2024	$61.00M – $67.00M	New
Apr 29, 2024	operating costs and expenses	Q2 FY2024	$91.00M – $95.00M	New
Apr 29, 2024	non-GAAP operating costs and expenses	Q2 FY2024	$76.00M – $80.00M	New
Apr 29, 2024	royalty revenue	Q2 FY2024	$55.00M – $61.00M	New
Apr 29, 2024	product revenue	Q2 FY2024	$52.00M – $58.00M	New
Apr 29, 2024	contract and other revenue	Q2 FY2024	$17.00M – $23.00M	Lowered
Feb 5, 2024	licensing billings	Q1 FY2024	$59.00M – $65.00M	New
Feb 5, 2024	royalty revenue	Q1 FY2024	$43.00M – $49.00M	Lowered
Feb 5, 2024	product revenue	Q1 FY2024	$47.00M – $53.00M	Raised
Feb 5, 2024	contract and other revenue	Q1 FY2024	$17.00M – $23.00M	Lowered
Feb 5, 2024	operating costs and expenses	Q1 FY2024	$85.00M – $89.00M	New
Feb 5, 2024	non-GAAP operating costs and expenses	Q1 FY2024	$71.00M – $75.00M	New
Oct 30, 2023	licensing billings	Q4 FY2023	$56.00M – $62.00M	New
Oct 30, 2023	royalty revenue	Q4 FY2023	$42.00M – $48.00M	Lowered
Oct 30, 2023	product revenue	Q4 FY2023	$52.00M – $58.00M	New
Oct 30, 2023	contract and other revenue	Q4 FY2023	$17.00M – $23.00M	Lowered
Oct 30, 2023	operating costs and expenses	Q4 FY2023	$84.00M – $88.00M	Raised
Oct 30, 2023	non-GAAP operating costs and expenses	Q4 FY2023	$69.00M – $73.00M	New
Jul 31, 2023	diluted share count	Q3 FY2023	112	New
Jul 31, 2023	tax rate	Q3 FY2023	24%	New
Jul 31, 2023	licensing billings	Q3 FY2023	$59.00M – $65.00M	New
Jul 31, 2023	royalty revenue	Q3 FY2023	$26.00M – $32.00M	Lowered
Jul 31, 2023	product revenue	Q3 FY2023	$47.00M – $53.00M	New
Jul 31, 2023	contract and other revenue	Q3 FY2023	$17.00M – $23.00M	Lowered
Jul 31, 2023	operating costs and expenses	Q3 FY2023	$86.00M – $90.00M	Raised
Jul 31, 2023	non-GAAP operating costs and expenses	Q3 FY2023	$71.00M – $75.00M	New
Jul 31, 2023	non-GAAP interest and other income (expense), net	Q3 FY2023	$1.00M	Lowered
May 1, 2023	licensing billings	Q2 FY2023	$61.00M – $67.00M	New
May 1, 2023	royalty revenue	Q2 FY2023	$37.00M – $43.00M	Lowered
May 1, 2023	product revenue	Q2 FY2023	$50.00M – $56.00M	New
May 1, 2023	contract and other revenue	Q2 FY2023	$18.00M – $24.00M	Lowered
May 1, 2023	operating costs and expenses	Q2 FY2023	$93.00M – $97.00M	Raised
May 1, 2023	non-GAAP operating costs and expenses	Q2 FY2023	$78.00M – $82.00M	New
Feb 6, 2023	diluted share count	Q1 FY2023	110	New
Feb 6, 2023	tax rate	Q1 FY2023	24%	New
Feb 6, 2023	licensing billings	Q1 FY2023	$61.00M – $67.00M	New
Feb 6, 2023	royalty revenue	Q1 FY2023	$25.00M – $31.00M	New
Feb 6, 2023	product revenue	Q1 FY2023	$57.00M – $63.00M	Raised
Feb 6, 2023	contract and other revenue	Q1 FY2023	$19.00M – $25.00M	Lowered
Feb 6, 2023	operating costs and expenses	Q1 FY2023	$100.00M – $104.00M	Raised
Feb 6, 2023	non-GAAP operating costs and expenses	Q1 FY2023	$83.00M – $87.00M	New
Feb 6, 2023	non-GAAP interest and other income (expense), net	Q1 FY2023	-$1.00M	Lowered
Oct 31, 2022	licensing billings	Q4 FY2022	$59.00M – $65.00M	New
Oct 31, 2022	royalty revenue	Q4 FY2022	$29.00M – $35.00M	Lowered
Oct 31, 2022	product revenue	Q4 FY2022	$63.00M – $69.00M	New
Oct 31, 2022	contract and other revenue	Q4 FY2022	$21.00M – $27.00M	Lowered
Oct 31, 2022	operating costs and expenses	Q4 FY2022	$96.00M – $100.00M	Raised
Oct 31, 2022	non-GAAP operating costs and expenses	Q4 FY2022	$82.00M – $86.00M	New
Aug 1, 2022	licensing billings	Q3 FY2022	$63.00M – $69.00M	New
Aug 1, 2022	royalty revenue	Q3 FY2022	$29.00M – $35.00M	Lowered
Aug 1, 2022	product revenue	Q3 FY2022	$51.00M – $57.00M	New
Aug 1, 2022	contract and other revenue	Q3 FY2022	$18.00M – $24.00M	Lowered
Aug 1, 2022	operating costs and expenses	Q3 FY2022	$90.00M – $94.00M	Raised
Aug 1, 2022	non-GAAP operating costs and expenses	Q3 FY2022	$77.00M – $81.00M	New
May 2, 2022	diluted share count	Q2 FY2022	114	New
May 2, 2022	tax rate	Q2 FY2022	24%	New
May 2, 2022	licensing billings	Q2 FY2022	$61.00M – $67.00M	New
May 2, 2022	royalty revenue	Q2 FY2022	$42.00M – $48.00M	Lowered
May 2, 2022	product revenue	Q2 FY2022	$49.00M – $55.00M	New
May 2, 2022	contract and other revenue	Q2 FY2022	$18.00M – $24.00M	Lowered
May 2, 2022	operating costs and expenses	Q2 FY2022	$88.00M – $92.00M	Raised
May 2, 2022	non-GAAP operating costs and expenses	Q2 FY2022	$75.00M – $79.00M	New
May 2, 2022	non-GAAP interest and other income (expense), net	Q2 FY2022	-$1.00M	Lowered
Feb 7, 2022	licensing billings	Q1 FY2022	$64.00M – $70.00M	New
Feb 7, 2022	operating costs and expenses	Q1 FY2022	$80.00M – $84.00M	New
Feb 7, 2022	non-GAAP operating costs and expenses	Q1 FY2022	$69.00M – $73.00M	New
Nov 1, 2021	diluted share count	Q4 FY2021	115	New
Nov 1, 2021	tax rate	Q4 FY2021	24%	New
Nov 1, 2021	licensing billings	Q4 FY2021	$62.00M – $68.00M	New
Nov 1, 2021	royalty revenue	Q4 FY2021	$26.00M – $32.00M	New
Nov 1, 2021	product revenue	Q4 FY2021	$40.00M – $46.00M	Raised
Nov 1, 2021	contract and other revenue	Q4 FY2021	$12.00M – $18.00M	Lowered
Nov 1, 2021	operating costs and expenses	Q4 FY2021	$76.00M – $80.00M	Raised
Nov 1, 2021	non-GAAP operating costs and expenses	Q4 FY2021	$64.00M – $68.00M	New
Nov 1, 2021	non-GAAP interest and other income (expense), net	Q4 FY2021	-$1.00M	Lowered

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.