Rambus (DE:RMB)
NASDAQ:RMB
Earnings Data
Report Date
Aug 03, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.62Last Year’s EPS
0.52Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call was constructive: Rambus reported Q1 results in line with guidance, strong product revenue growth (+15% YoY), robust cash generation ($66.3M free cash flow) and meaningful IP/product portfolio expansion (HBM4E controller, SOCAMM2 chipset, security engine). Management provided confident Q2 guidance (revenue $192M–$198M, product +11% sequential at midpoint) and reiterated long-term opportunities in data center and AI. The primary negatives are persistent back-end supply constraints, timing uncertainties for MRDIMM and DDR Gen5 ramps (with bulk volumes expected in 2027), and limited near-term revenue contribution from new LPDDR SOCAMM2 solutions. Weighing strong financial performance, product/IP momentum and conservative but positive guidance against supply-chain and timing risks, the tone is more favorable than cautious.Company Guidance
Strong Cash Generation and Balance Sheet
Ended Q1 with $786M in cash, cash equivalents and marketable securities (up $24M from Q4 2025). Operating cash flow was $83M and free cash flow was $66.3M, supporting strategic inventory builds and capital allocation.
Silicon IP Traction and Design Wins
Continued design wins at Tier-1 customers and growing demand across IP portfolio, including traction for PCIe retimer and switch IP. Company expects silicon IP to grow ~10%–15% annually based on current trends.
Product and IP Portfolio Expansion (Strategic Introductions)
Launched SOCAMM2 chipset for JEDEC-standard LPDDR5X server modules (first in roadmap for LPDDR server solutions), introduced the industry's fastest HBM4E controller for AI accelerators, and released a new network security engine for Ultra Ethernet, broadening AI/data center addressable market.
Diversified Revenue Mix and Stable Licensing
Q1 royalty revenue was $69.6M and licensing billings were $70.8M. Management reiterated patent licensing remains stable around $200M–$210M annually, providing predictability alongside product and IP growth.
New Chips Contribution and Market Share Momentum
Newer companion chips contributed low double-digit percent of total product revenue in Q1 and are expected to grow through the year; company reports continued market share gains in RCD chips (exited 2025 at mid-40% share) with no signs of erosion into 2026.
Revenue in Line with Guidance and Product Growth
Total Q1 revenue of $180.2M was in line with expectations. Product revenue was $88M, up 15% year-over-year, driven by DDR5 products and new project ramps. Company guided Q2 revenue of $192M–$198M and product revenue of $95M–$101M (implying ~11% sequential growth at the midpoint).
DE:RMB 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
DE:RMB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 27, 2026 | €125.60 | €94.00 | -25.16% |
Feb 02, 2026 | €105.00 | €81.74 | -22.15% |
Sep 30, 2025 | €88.76 | €87.06 | -1.92% |
Jul 28, 2025 | €55.06 | €58.86 | +6.90% |
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 (DE:RMB) report earnings?
Rambus (DE:RMB) is schdueled to report earning on Aug 03, 2026, After Close (Confirmed).
What is Rambus (DE:RMB) earnings time?
Rambus (DE:RMB) earnings time is at Aug 03, 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 the P/E ratio of Rambus stock?
The P/E ratio of Rambus is N/A.
What is DE:RMB EPS forecast?
DE:RMB EPS forecast for the fiscal quarter 2026 (Q2) is 0.62.