RAMBUS INC

Rambus Inc. reported strong financial results for the second quarter of 2026, with total revenue increasing by 20.4% to $207.4 million and diluted earnings per share rising by 15.1% to $0.61. For the first six months of 2026, total revenue grew 14.4% to $387.6 million, and net income increased 7.8% to $127.5 million. The company also incurred $3.3 million in restructuring charges during the quarter.

Rambus Inc. reported strong financial results for the second quarter ended June 30, 2026, with record quarterly revenue of $207.4 million, a 20% increase year over year, surpassing its guidance range. The company also achieved non-GAAP diluted earnings per share of $0.77, exceeding its own projections. Product revenue reached a record $99.2 million, growing 22% year over year, driven by expanded offerings for AI systems. For the third quarter of 2026, Rambus anticipates revenue between $210 million and $216 million, with non-GAAP diluted EPS projected between $0.75 and $0.82.

Rambus Inc. announced the appointment of Sumeet Gagneja as Senior Vice President and Chief Financial Officer, effective April 29, 2026. Mr. Gagneja will oversee the company's global finance organization, reporting to CEO Luc Seraphin. Concurrently, John Allen ceased his role as Interim CFO but will continue as the company's Vice President, Accounting and Chief Accounting Officer. Gagneja brings extensive experience from previous finance leadership roles at AMD, Western Digital, Xilinx, and other technology companies.

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.

Rambus Inc. reported strong first quarter 2026 financial results, with GAAP revenue of $180.2 million and product revenue increasing 15% year-over-year to $88.0 million. The company generated $83.2 million in cash from operations and expanded its product and IP offerings for next-generation AI platforms. For Q2 2026, Rambus expects product revenue between $95 million and $101 million and licensing billings between $76 million and $82 million.

Rambus Inc. held its 2026 annual meeting, where stockholders approved the election of four Class I directors, ratified KPMG LLP as the independent registered public accounting firm for 2026, and approved named executive officer compensation. Additionally, the Board of Directors renamed the Cyber Risk Committee to the AI and Cyber Risk Committee to reflect the importance of artificial intelligence in the company's information technology use and data security. Steven Laub was appointed Chair of the newly named committee, with Charles Kissner also joining.