RAMBUS INC SEC 10-Q Report

Rambus Inc., a leading semiconductor company specializing in memory interface chips, has released its Form 10-Q report for the second quarter of 2025. The report highlights significant financial growth and robust business performance, driven by increased demand for its core products and strategic operational efficiencies.

Financial Highlights

• Total Revenue: $172.2 million, increased by 30.4% compared to the same period in 2024, driven by higher sales of memory interface chips.
• Gross Profit: $137.4 million, representing 79.8% of total revenue, reflecting strong demand and efficient cost management.
• Operating Income: $63.0 million, accounting for 36.6% of total revenue, indicating improved operational efficiency.
• Net Income: $57.9 million, a 60.7% increase from the same period in 2024, highlighting robust financial performance.
• Basic Net Income Per Share: $0.54, reflecting the company's strong earnings growth.
• Diluted Net Income Per Share: $0.53, consistent with the increase in net income and efficient share management.

Business Highlights

• Revenue Segments: Product revenue, primarily from memory interface chips, accounted for 47% of consolidated revenue for both the three and six months ended June 30, 2025, showing a significant increase from 43% in the same periods in 2024.
• Geographical Performance: Revenue from companies headquartered outside of the United States accounted for approximately 80% and 82% of consolidated revenue for the three and six months ended June 30, 2025, respectively, indicating a strong international presence.
• Sales Units: The company achieved record quarterly product revenue of $81.3 million in the second quarter of 2025, driven by higher sales volumes of memory interface chips.
• Operational Highlights: The company continues to focus on its core strength in semiconductors, optimizing operational efficiency, and leveraging strong cash generation to reinvest for growth.
• Future Outlook: The company anticipates continued growth in product revenue, driven by increasing demand for memory interface chips and strategic focus on high-performance memory subsystems.

SEC Filing: RAMBUS INC [ RMBS ] - 10-Q - Jul. 29, 2025