RAMBUS INC reported second-quarter 2026 results with revenue of $207.4M, net income of $67.6M and diluted EPS of $0.61, versus $172.2M, $57.9M and $0.53 in Q2 2025, respectively, reflecting year-over-year growth driven by product sales and licensing.
Financial Highlights
- Revenue was $207.4M, compared with $172.2M in the prior-year quarter; YoY change 20.4%.
- Net income was $67.6M, compared with $57.9M in the prior-year quarter; YoY change 16.7%.
- Diluted EPS was $0.61, compared with $0.53 in the prior-year quarter; YoY change 15.1%.
Business Highlights
- Revenue growth was driven by product revenue, which rose about 22% year over year, led by memory interface chips.
- Product sales to DRAM makers and direct system/cloud customers now represent 48% of revenue, indicating a strategic channel mix shift.
- Royalties and Silicon IP licensing showed strong momentum; the company expanded IP offerings with additions including LPDDR5X SOCAMM2.
- Rambus increased R&D and SG&A spending to support its product roadmap, prototyping and hiring.
- The company completed a restructuring in Q2 2026 aimed at reducing operating expenses and improving profitability.
Original SEC Filing:
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