StockWatch
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Semiconductors
Quarterly ResultApr 28, 2026, 04:09 PM

RMBS Q1 Revenue +8.1% to $180.2M; EPS $0.55

AI Summary

Rambus Inc. reported Q1 2026 total revenue of $180.2 million, an 8.1% increase year-over-year, driven by strong product and contract revenue growth. However, net income slightly decreased to $59.9 million, resulting in diluted EPS of $0.55. The company saw a significant increase in net cash provided by operating activities, while geographic revenue performance was mixed.

Key Highlights

  • Total revenue increased 8.1% to $180.2 million in Q1 2026.
  • Product revenue rose 15.3% to $88.0 million.
  • Royalties decreased 5.9% to $69.6 million.
  • Net income was $59.9 million, a 0.7% decrease year-over-year.
  • Diluted EPS was $0.55, down from $0.56 in Q1 2025.
  • Net cash provided by operating activities increased 7.5% to $83.2 million.
  • South Korea revenue grew 27.2% to $86.5 million.
  • Singapore revenue declined 45.2% to $28.3 million.