| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 207.39 | 15.1% | 20.4% |
| Total Income | 207.39 | 15.1% | 20.4% |
| Expenditure | 134.65 | 13.7% | 23.3% |
| PBT | 79.49 | 15.8% | 17.2% |
| Net Profit | 67.61 | 12.9% | 16.7% |
| OPM | 35.07% | 0.80pp | 1.51pp |
| NPM | 32.60% | 0.62pp | 1.04pp |
| EPS | 0.62 | 12.7% | 14.8% |
Rambus Reports Record Q2 2026 Revenue of $207.4 Million, Up 20% Year-over-Year
28 Jul 2026 · 28 Jul, 1:42 am
Summary
Rambus Inc. announced record-breaking financial results for the second quarter of 2026, with total revenue reaching $207.4 million, a 20% increase year over year. Product revenue was particularly strong, growing 22% year over year to $99.2 million. Both GAAP and non-GAAP diluted earnings per share exceeded guidance. Management expressed optimism, citing strong demand for high-performance chip and IP solutions driven by data center and AI infrastructure growth.
Key Highlights
- 1
Rambus reported record quarterly revenue of $207.4 million, representing a 20% increase year over year and exceeding the company's guidance range.
- 2
Product revenue reached a record $99.2 million, up 13% quarter over quarter and 22% year over year.
- 3
GAAP diluted earnings per share was $0.61, and non-GAAP diluted earnings per share was $0.77, both exceeding guidance ranges.
- 4
The company generated $61.2 million in cash from operating activities during the second quarter.
- 5
Rambus expanded its product and IP offerings for next-generation AI systems, including chipsets for DDR5 9600 and PCIe 7 Switch IP.
Management Comments
Luc Seraphin
Rambus had an outstanding second quarter, delivering a new all-time high in revenue and non-GAAP earnings, fueled by record product revenue that grew more than 20% year over year. We continue to execute on our roadmap of high-performance chip and IP solutions to meet the accelerating demands of data center and AI infrastructure. We are well positioned to capitalize on the strong secular trends driven by the rapid expansion of AI inference and agentic workloads, supporting our continued product momentum and long-term profitable growth.
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