| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 180.19 | 8.1% |
| Total Income | 180.19 | 8.1% |
| Expenditure | 118.43 | 14.4% |
| PBT | 68.63 | 1.5% |
| Net Profit | 59.86 | 0.7% |
| OPM | 34.27% | 3.61pp |
| NPM | 33.22% | 2.96pp |
| EPS | 0.55 | 1.8% |
Rambus Reports Q1 2026 Revenue $180.2 Million
03 May 2026 · 3 May, 6:38 pm
Summary
Rambus Inc. reported its financial results for the first quarter ended March 31, 2026. GAAP revenue for the quarter was $180.2 million. Product revenue reached $88.0 million, a 15% increase year-over-year. The company generated $83.2 million in cash from operating activities. For the second quarter of 2026, Rambus expects product revenue to be between $95 million and $101 million.
Key Highlights
- 1
Rambus achieved strong Q1 results, with quarterly product revenue of $88.0 million, up 15% year over year.
- 2
The company generated strong quarterly cash from operations of $83.2 million.
- 3
GAAP revenue for the first quarter was $180.2 million.
- 4
Licensing billings were $70.8 million for the quarter.
- 5
The company expects product revenue between $95 million and $101 million for Q2 2026.
Management Comments
Luc Seraphin
Rambus opened 2026 with a solid first quarter, delivering financial results in line with guidance and generating strong cash from operations. The growth of AI inference and agentic workloads in the data center continues to drive demand for higher memory bandwidth, efficient data movement, and scalable connectivity. With expanding offerings across chips and IP, Rambus is well positioned to support next-generation AI platforms and drive profitable long-term growth.
Informational and educational content only. Not investment advice.