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Rambus

RMBSNASDAQStock Fundamentals

Rambus is a global semiconductor company that designs and licenses high-performance memory subsystems and security technologies for data-intensive computing. The company provides a combination of physical chips and silicon intellectual property (IP) to address performance bottlenecks in data centers, artificial intelligence infrastructure, and client devices. Its core value proposition lies in optimizing signal and power integrity to enable high-speed data transfer and robust security for next-generation computing architectures.

Market Cap$16.0B
Revenue TTM$721.2M
Net Income TTM$230.0M
P/E Ratio69.59
Net Margin31.89%
EPS TTM$2.10
Free Cash Flow TTM$335.2M
Employees623.0
CEOLuc Seraphin
CountryUnited States of America
Technology
Semiconductors
SegmentsSemiconductors, Intellectual Property, Data Center Infrastructure
Business ModelsFabless manufacturing, IP Licensing, Royalty-based
Most Recent EarningsApr 27, 2026 · 1 month 5 days agoQ1 2026
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Next EarningsJul 27, 2026 · in 2 monthsAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin79.46%
Op. Margin35.89%
ROE18.02%
D/E1.68%
Current Ratio9.82
Total Debt$23.4M
Cash$134.3M
CapEx TTM$30.6M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Memory Interface Chips

primary

Provides complete chipset solutions for industry-standard DDR5 and LPDDR5 memory modules used in server and client systems. These products enable high bandwidth, capacity, and power efficiency for memory-bound workloads.

Products

Registering Clock Drivers (RCD), Multiplexed Registering Clock Driver (MRCD), Multiplexed Data Buffer (MDB), Client Clock Driver (CKD), Power Management Integrated Circuits (PMIC), Serial Presence Detect Hubs (SPD Hub), Temperature Sensors (TS)

Customers

Memory module manufacturers, Original Equipment Manufacturers (OEMs), Hyperscalers

Silicon IP

major

Offers high-performance interface and security IP solutions for integration into custom silicon, ASSP, and FPGA designs. This segment focuses on moving and protecting data in AI, data center, and automotive applications.

Products

HBM Memory Controller IP, GDDR Memory Controller IP, PCIe Controllers, Retimer and Switch IP, CXL Controller IP, Hardware Roots of Trust, High-speed Protocol Engines, Crypto Cores, Chip Provisioning Technologies

Customers

Chip makers, Government agencies, Automotive manufacturers

Patent Licenses

major

Licenses a broad portfolio of patented inventions covering memory architecture, high-speed serial links, and security to semiconductor and system companies. This segment provides a foundation for sustained cash generation through royalty payments.

Products

Memory architecture patents, High-speed serial link patents, Security technology patents

Customers

Semiconductor companies, Electronic system companies

Segment Financials

Reportable — Research And Development Expense Adjusted

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Royalty — Revenue (Gross)

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Product Revenue — Revenue (Gross)

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Business Overview

Competitive Position

A leading provider of high-performance memory interface technology and security IP, positioned as a critical enabler for AI-driven computing infrastructure.

Geographies

United States, China, South Korea, Taiwan, Europe, India

Customer Segments

Hyperscale data centers, Semiconductor manufacturers, Enterprise hardware OEMs

Upstream Dependencies

Third-party semiconductor foundries, Outsourced assembly and test (OSAT) contractors, Electronic Design Automation (EDA) tool providers

Downstream Customers

Memory module manufacturers, Cloud service providers, Consumer electronics OEMs, Automotive system integrators

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Rambus FAQ

Common questions about Rambus

Rambus is a global semiconductor company that designs and licenses high-performance memory subsystems and security technologies for data-intensive computing. The company provides a combination of physical chips and silicon intellectual property (IP) to address performance bottlenecks in data centers, artificial intelligence infrastructure, and client devices. Its core value proposition lies in optimizing signal and power integrity to enable high-speed data transfer and robust security for next-generation computing architectures.

Rambus (RMBS) has a market capitalization of $16.0B and trades on NASDAQ.

Rambus generated $721.2M in trailing twelve-month revenue with net income of $230.0M, representing a net margin of 31.9%. Gross margin stands at 79.5%, with free cash flow of $335.2M. These figures are based on the Q1 2026 filing.

Rambus's key competitors include Monolithic Power Systems, Synopsys, Cadence Design Systems, and others. These companies compete in similar markets and product categories.

Rambus has approximately 623 employees.