Rambus Inc. RMBS R2KAI
Technology · Semiconductors · United States
Rambus Inc. manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally. It offers memory interface chips comprising DDR5 memory interface chips which include registering clock driver, multiplexed registering clock driver, multiplexed data buffer, power management integrated circuits, serial presence detect hubs, temperature sensors, and client clock driver products; and DDR4 memory interface chips. The company also provides silicon IP, such as interface and security IP solutions that move and protect data in advanced artificial intelligence, data center, government, and automotive applications; interface IP solutions for high-speed memory and chip-to-chip digital controller IP; security IP solutions, including crypto cores, hardware roots of trust, high-speed protocol engines, and chip provisioning technologies. In addition, it offers portfolio of patents that covers memory architecture, high-speed serial links, and security products. The company sells its products to memory module manufacturers, OEMs and hyperscalers, as well as to chip makers. It markets its products and services through its direct sales force and distributors. Rambus Inc. was incorporated in 1990 and is headquartered in San Jose, California.
READ MORE ›$145.46
+172.04% 1Y
Market & Price
Market Cap
$15.73B
Current Price
$145.46
High / Low (52W)
$158.40 / $53.47
Beta
1.79
Valuation
Stock P/E
69.60
Industry PE
32.74
Forward P/E
40.01
PEG Ratio
3.80
Book Value
$12.88
Price to Book
11.29
P/S
21.81
EV/EBITDA
49.52
Dividend Yield
-
Profitability & Returns
ROCE
20.11%
ROE
18.02%
ROA
11.11%
Profit Margin
31.89%
Op Margin
34.27%
EPS (Latest Qtr)
$0.55
EPS (TTM)
$2.09
Balance Sheet & Liquidity
Debt/Equity
1.68
Quick Ratio
9.04
Current Ratio
9.82
Debt
$23.40M
Total Assets
$1.53B
Current Assets
$988.82M
Working Capital
$868.24M
Ownership
Promoter Holding
0.78%
Chg in Prom Hold
-
FII / Inst Holding
99.24%
Chg in FII Hold
0.02%
Financial Snapshot
Enterprise Value
$14.97B
Total Revenue (TTM)
$721.16M
EBITDA
$302.26M
Free Cash Flow
$249.79M
Operating Cash Flow
$365.81M
Shares Outstanding
108.14M
Gross Margin
80.41%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
15.88%
Profit 5Y
570.15%
Revenue (YoY)
8.10%
Earnings (YoY)
-1.80%
PROS
- Healthy ROCE of 20.1%.
- Excellent profit margin of 31.9%.
- Compounding revenue at 15.9% over 5 years.
- Profit CAGR of 570.1% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 69.6.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | RMBS Rambus Inc. R2KAI | 145.46 | 69.60 | $15.73B | - | 20.11% | 18.02% | 15.88% | 570.15% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
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Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 73.78M | 76.77M | 72.68M | 76.50M | 89.86M | 97.56M | 97.35M | 94.72M | 99.13M | 101.89M | 46.43M | 56.46M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 166.66M | 172.21M | 178.51M | 190.24M | 180.19M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 32.84M | 34.77M | 36.59M | 40.21M | 36.53M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 37.19M | 45.27M | 44.83M | 45.37M | 49.89M | 45.57M | 41.65M | 48.46M | 53.03M | 67.98M | 62.86M | 76.65M | 96.32M | 85.26M | 82.09M | 96.23M | 81.27M | 94.21M | 105.31M | - | - | 133.82M | 137.44M | 141.92M | 150.03M | 143.66M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 70.62M | 74.45M | 78.67M | 79.21M | 81.93M |
| Operating Income | 17.64M | 20.33M | 9.29M | 12.01M | 11.82M | 524.00K | 13.43M | 8.24M | 17.01M | 15.72M | -43.61M | -19.99M | -19.17M | -4.20M | -31.41M | -37.05M | -22.87M | -13.21M | -9.46M | -11.09M | -12.50M | -11.00M | -3.48M | 14.10M | 4.70M | 8.32M | 35.56M | 16.92M | 1.94M | 11.70M | 104.87M | 30.13M | 40.32M | - | - | 63.20M | 62.99M | 63.26M | 70.83M | 61.73M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 77.83M | 78.42M | 80.36M | 88.70M | 80.19M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 377.00K | 382.00K | 294.00K | 320.00K | 279.00K |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 67.62M | 67.84M | 69.29M | 77.21M | 68.63M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.32M | 9.90M | 20.91M | 13.37M | 8.77M |
| Net Income | 182.03M | 12.99M | 1.88M | 3.88M | 4.51M | -3.44M | 3.01M | 2.60M | 7.70M | -36.17M | -35.69M | -15.36M | -104.89M | -2.02M | -26.58M | -36.98M | -17.33M | -9.53M | -6.54M | -9.14M | -12.74M | -12.07M | -2.61M | 11.17M | 3.68M | -66.22M | 35.02M | 939.00K | 3.28M | 168.88M | 103.20M | 32.90M | 36.06M | - | - | 60.30M | 57.94M | 48.38M | 63.84M | 59.86M |
| Diluted EPS | 1.52 | - | 0.02 | 0.03 | 0.04 | - | 0.03 | 0.02 | 0.07 | - | -0.33 | -0.14 | -0.97 | - | -0.24 | -0.33 | -0.16 | - | -0.06 | -0.08 | -0.11 | - | -0.02 | 0.10 | 0.03 | -0.60 | 0.31 | 0.01 | 0.03 | 1.51 | 0.93 | 0.30 | 0.33 | - | - | 0.56 | 0.53 | 0.44 | 0.58 | 0.55 |
| R&D Expense | 27.78M | - | 28.53M | 28.75M | 33.82M | - | 36.00M | 37.52M | 36.20M | - | 40.12M | 37.70M | 43.13M | - | 40.62M | 37.89M | 41.49M | - | 36.66M | 34.69M | 33.73M | - | 32.35M | 31.47M | 35.59M | 39.81M | 39.54M | 39.30M | 41.90M | 41.58M | 37.37M | 37.36M | 40.52M | 41.30M | - | 42.62M | 46.33M | 49.51M | - | 50.23M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 142.49M | 113.01M | 323.39M | 312.36M | 234.05M | 271.50M | 296.56M | 296.28M | 336.60M | 393.10M | - | - | - | - | 454.79M | 461.12M | 556.62M | 707.63M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 107.58M | 103.42M | 110.11M | 144.41M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | 177.50M | 176.23M | 185.57M | - | 347.21M | 357.69M | 446.52M | 563.22M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 227.96M | 267.16M | 266.19M | 267.48M | - |
| Operating Income | -88.71M | -75.86M | 226.88M | -1.54M | -90.43M | 22.46M | 75.35M | 71.42M | 33.64M | 54.41M | -86.97M | -100.14M | -44.05M | - | 80.05M | 91.50M | 179.04M | 260.22M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 41.18M | 237.08M | 244.15M | 325.32M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.87M | 1.49M | 1.42M | 1.37M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7.83M | 187.16M | 200.04M | 281.96M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.49M | -146.74M | 20.22M | 51.50M |
| Net Income | -199.11M | -92.19M | 150.92M | - | -134.34M | -33.75M | 26.20M | 211.39M | 6.82M | -22.86M | -157.96M | -85.96M | -40.47M | - | -14.31M | 333.90M | 179.82M | 230.46M |
| Diluted EPS | -1.90 | -0.88 | 1.30 | - | -1.21 | -0.30 | 0.22 | 1.80 | 0.06 | -0.21 | -1.46 | -0.77 | -0.36 | - | -0.13 | 3.01 | 1.65 | 2.11 |
| R&D Expense | 76.22M | 67.25M | 92.71M | 115.70M | 140.50M | 117.98M | 110.03M | 111.11M | 129.84M | 149.13M | 158.34M | 156.81M | 139.84M | 135.68M | 158.77M | 156.83M | 162.88M | 187.71M |
Compounded Sales Growth
| 5 Years: | 15.88% |
| 1 Year: | 8.10% |
Compounded Profit Growth
| 5 Years: | 570.15% |
| 1 Year: | -1.80% |
Stock Price Performance
| 1 Year: | +172.04% |
| 6 Months: | +57.34% |
| 3 Months: | +45.96% |
| 1 Month: | +29.69% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 555.87M | 663.17M | 693.65M | 587.81M | 713.38M | 588.28M | 718.02M | 783.50M | 891.07M | 1.36B | 1.34B | 1.25B | - | 1.01B | 1.26B | 1.34B | 1.53B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 527.21M | 630.64M | 690.26M | 988.82M |
| Cash & Equivalents | 119.39M | 116.24M | 289.07M | 215.26M | 162.24M | 148.98M | 338.70M | 154.13M | 143.76M | 135.29M | 225.84M | 115.92M | 102.18M | 128.97M | 107.89M | 125.33M | 94.77M | 99.78M | - |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 20.90M | 36.15M | 44.63M | 44.10M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 55.37M | 82.92M | 122.81M | 137.48M |
| Total Liabilities | - | - | 300.54M | 214.89M | 263.86M | 266.22M | 373.15M | 196.66M | 191.49M | 230.71M | 319.49M | 349.04M | 368.07M | 338.70M | - | 233.30M | 220.13M | 222.44M | 165.12M |
| Current Liabilities | - | - | 186.19M | 55.81M | 65.31M | 54.13M | 212.84M | 34.66M | 28.37M | 51.30M | 132.84M | 69.28M | 86.18M | 85.86M | - | 126.71M | 89.12M | 81.81M | 120.57M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 44.48M | 30.71M | 30.15M | 24.98M |
| Total Equity | 422.49M | 232.94M | 255.33M | 334.78M | 429.79M | 321.59M | 340.23M | 391.62M | 526.53M | 552.78M | 571.58M | 1.01B | 975.37M | 912.71M | - | 779.30M | 1.04B | 1.12B | 1.36B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 107.61M | 107.85M | 106.84M | 107.78M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -38.47M | -40.59M | 235.22M | - | - | - | 76.47M | 77.24M | 95.60M | 117.44M | 87.12M | 128.53M | 185.46M | - | 230.39M | 195.79M | 230.60M | 360.02M |
| Investing Cash Flow | 82.73M | 24.55M | -181.50M | - | - | - | -97.91M | 1.09M | -105.21M | -75.47M | -68.04M | -141.47M | -97.57M | - | 151.98M | -57.40M | -56.72M | -223.11M |
| Financing Cash Flow | -47.47M | 188.88M | -127.53M | - | - | - | -163.03M | -88.58M | 2.70M | 46.45M | -127.68M | -298.00K | -61.19M | - | -362.94M | -169.62M | -167.99M | -54.41M |
| Capital Expenditure | -9.87M | -2.67M | -26.70M | -19.43M | -21.81M | -6.94M | -7.20M | -6.13M | -8.56M | -9.38M | -10.76M | -6.47M | -29.73M | - | -20.48M | -23.24M | -30.70M | -26.84M |
| Free Cash Flow | -48.34M | -43.26M | 208.52M | - | - | - | 69.26M | 71.11M | 87.05M | 108.05M | 76.36M | 122.06M | 155.73M | - | 209.91M | 172.55M | 199.90M | 333.18M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19.44M | -31.23M | 5.89M | 82.50M |
| Share Buybacks | 49.23M | - | 195.11M | 0 | 0 | 0 | 0 | 100.11M | 0 | 50.04M | 50.03M | 0 | 50.07M | 100.08M | 100.42M | 100.53M | 113.31M | 7.11M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 76.3% | 77.6% | 80.2% | 79.6% |
| Operating Margin % | -62.3% | -67.1% | 70.2% | -0.5% | -38.6% | 8.3% | 25.4% | 24.1% | 10.0% | 13.8% | - | - | - | - | 17.6% | 19.8% | 32.2% | 36.8% |
| Net Margin % | -139.7% | -81.6% | 46.7% | - | -57.4% | -12.4% | 8.8% | 71.3% | 2.0% | -5.8% | - | - | - | - | -3.1% | 72.4% | 32.3% | 32.6% |
| ROE % | -85.5% | -36.1% | 45.1% | - | -41.8% | -9.9% | 6.7% | 40.1% | 1.2% | -4.0% | -15.6% | -8.8% | -4.4% | - | -1.8% | 32.2% | 16.0% | 16.9% |
| ROCE % | - | -20.5% | 37.4% | -0.2% | -16.9% | 4.5% | 13.6% | 10.4% | 4.6% | 7.2% | -6.7% | -8.0% | -3.8% | - | 9.0% | 7.8% | 14.2% | 18.5% |
Shareholding Pattern
Insiders
0.78%
Institutions
99.24%
Public Float
100.02%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 15.08% | 16.31M | $2.37B |
| 2 | Vanguard Portfolio Management LLC | 6.14% | 6.64M | $966.48M |
| 3 | Invesco Ltd. | 6.01% | 6.50M | $945.35M |
| 4 | Vanguard Capital Management LLC | 4.46% | 4.83M | $702.26M |
| 5 | State Street Corporation | 4.04% | 4.37M | $636.19M |
| 6 | Price (T.Rowe) Associates Inc | 3.12% | 3.38M | $491.17M |
| 7 | FMR, LLC | 3.07% | 3.32M | $482.70M |
| 8 | Geode Capital Management, LLC | 2.89% | 3.12M | $454.49M |
| 9 | T. Rowe Price Investment Management, Inc. | 2.21% | 2.39M | $347.80M |
| 10 | Edgepoint Investment Group Inc. | 1.80% | 1.95M | $283.32M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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