Rambus, Inc.: Beat — EPS $0.84, Revenue $218.29M
Earnings BeatQ3 2026 · After-market
Did Rambus, Inc. (RMBS) beat earnings today?
Yes, Rambus, Inc. (RMBS) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+6.33% surprise
$0.84Actual
Expected: $0.79
vs. year ago +35.5%
Total Revenue+2.48% surprise
$218.29MActual
Expected: $213M
vs. year ago +22.0%
Released Oct 26 · 4:05 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $218.30M | $178.50M | +22.0% |
| Revenue detail — reported lines | |||
| └─Product revenue | $114.30M | $93.30M | +22.0% |
| └─Royalties revenue | $77.00M | $65.10M | +18.3% |
| └─Contract and other revenue | $27.00M | $20.10M | +34.3% |
| Net income | $74.60M | $48.40M | +54.2% |
| GAAP Basic EPS | $0.69 | $0.45 | +53.3% |
| GAAP Diluted EPS | $0.69 | $0.44 | +56.8% |
| Non-GAAP Diluted EPS | $0.84 | $0.62 | +35.5% |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | Full Year Outlook |
|---|---|---|
| Revenue | $227M-$233M | — |
| Product revenue | $127M-$133M | — |
| Royalties revenue | $68M-$74M | — |
| Contract and other revenue | $26M-$32M | — |
| GAAP Total operating costs and expenses | $143M-$139M | — |
| Non-GAAP Total operating costs and expenses | $124M-$120M | — |
| Interest and other income | $6.5M | — |
| Diluted share count | 109M shares | — |
| Stock-based compensation expense | $18.2M | — |
| Amortization of acquired intangible assets | $1.0M | — |
| Other one-time adjustments | ($0.2M) | — |
| GAAP Diluted EPS | $0.68-$0.76 | — |
| Non-GAAP Diluted EPS | $0.84-$0.92 | — |
Business Highlights
- ➤Expanded product and IP offerings for next-generation AI systems.
- ➤Added an industry-leading PMIC for LPDDR6 SOCAMM2.
- ➤Added data center-class Root of Trust security IP.
- ➤Paid $135.4M for common-stock repurchases during the quarter.
- ➤Rambus focuses on chips and silicon IP for data center and AI infrastructure.
- ➤Its technologies target memory-to-processing bottlenecks in data-intensive workloads.
Management Commentary
Luc Seraphin, president and chief executive officer
“Rambus delivered record quarterly revenue and earnings that exceeded our guidance, with strong customer demand driving record product revenue and record cash from operations. We continue to expand our product and IP offerings to address the growing performance requirements of next-generation AI and data center infrastructure. Through ongoing execution on our roadmap and accelerating demand for our differentiated solutions, we expect an even stronger performance in Q4 and are well positioned to deliver long-term profitable growth and value for our stockholders.”