Rambus Q3 revenue rises to $178.5 million; diluted EPS $0.44 vs $0.45
Rambus reported third-quarter 2025 GAAP revenue of $178.5 million, up from $145.5 million a year earlier, with product revenue of $93.3 million, which the company called a fourth consecutive quarterly record. Net income was $48.4 million, down slightly from $48.7 million, as the tax provision rose to $20.9 million due to recent tax legislation. The company also gave fourth-quarter 2025 product revenue and contract revenue ranges, while full revenue guidance is to be discussed on the earnings call.
Key points
- Q3 GAAP revenue $178.5 million vs $145.5 million a year earlier; product revenue $93.3 million vs $66.4 million
- Net income $48.4 million vs $48.7 million; diluted EPS $0.44 vs $0.45; tax provision $20.9 million vs $10.4 million
- Cash from operating activities $88.4 million; cash and marketable securities $673.3 million at September 30, 2025
- Q4 2025 outlook: product revenue $94 million to $100 million; contract and other revenue $25 million to $31 million; licensing billings $60 million to $66 million
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.