Education
About Us
Working with TipRanks
Follow Us
Rambus Inc (RMBS)
NASDAQ:RMBS
Earnings Data
Report Date
May 04, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.64Last Year’s EPS
0.6Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong financial performance and operational momentum—record product revenue, robust cash generation, sustained gross margins, and expanding market share in DDR5 RCDs—while acknowledging a contained supply-chain manufacturing issue that will depress near-term (Q1) product revenue and create temporary testing/capacity constraints. Management emphasized the issue is resolved, expects recovery and continued market outperformance in 2026, but also noted broader memory supply constraints and timing risks tied to platform rollouts.Company Guidance
Record Annual Product Revenue and Strong YoY Growth
Full-year product revenue reached $347.8M (reported as $348M), a new annual record and up 41% year-over-year.
Quarterly Revenue and Profitability Beat
Q4 revenue was $190.2M (above expectations) with product revenue of $96.8M (≈$97M) representing ~32% YoY growth for the quarter; non-GAAP net income for the quarter was $74.7M.
Exceptional Cash Generation and Strong Balance Sheet
Generated a company record $360M in cash from operations for 2025 (up 56% versus 2024); ended the quarter with $761.8M in cash, cash equivalents, and marketable securities; full-year free cash flow was $320.9M with a 45% free cash flow margin.
Sustained Gross Margin Performance
Full-year gross margins around 61.5% and management reiterates long-term gross margin target range of 60%–65% (recent operating range ~61%–63%).
Market Leadership in DDR5 RCDs
Management estimates DDR5 RCD market share finished 2025 in the mid-40% range, driven by increased design wins and generational footprint gains.
Product and IP Momentum — New Product Ramps
Growing adoption of new products (DDR5 PMICs, client chipset) and traction across high-performance IP (HBM4, GDDR7, PCIe7, security IP); new products moved from low single-digit contribution in 2025 to upper single digits in Q4, targeted to reach ~double-digit contribution to product revenue.
Conservative, Transparent Guidance and Operational Metrics
Provided detailed non-GAAP Q1 outlook (revenue, royalty, licensing billings, operating costs) and emphasized licensing billings as an operational metric; Q1 non-GAAP EPS guidance of $0.56–$0.64.
RMBS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RMBS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 02, 2026 | $113.71 | $98.45 | -13.42% |
Sep 30, 2025 | $104.20 | $103.14 | -1.02% |
Jul 28, 2025 | $64.24 | $73.15 | +13.87% |
Apr 28, 2025 | $52.22 | $49.27 | -5.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Rambus Inc (RMBS) report earnings?
Rambus Inc (RMBS) is schdueled to report earning on May 04, 2026, After Close (Confirmed).
What is Rambus Inc (RMBS) earnings time?
Rambus Inc (RMBS) earnings time is at May 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RMBS EPS forecast?
RMBS EPS forecast for the fiscal quarter 2026 (Q1) is 0.64.