Rambus, Inc. · NASDAQ:RMBS
Rambus — Q3 2026 Earnings Presentation
10 slides from Rambus's earnings presentation, Oct 26, 2026
Slide 1: Rambus Third Quarter 2026 Financial Results
Rambus Third Quarter 2026 Financial Results
Slide 2: Safe Harbor for Forward-Looking Statements; Other Disclosures
Safe Harbor for Forward-Looking Statements; Other Disclosures This presentation contains forward-looking statements, including those relating to the Company’s expectations regarding business opportunities, the Company’s ability to deliver long-term profitable growth, industry growth rates, timing of
Slide 3: Third Quarter 2026 Highlights
Third Quarter 2026 Highlights ➢ Achieved record quarterly revenue and non-GAAP earnings, exceeding guidance ➢ Generated record cash from operations of $102 million ➢ Delivered record product revenue, up 15% sequentially and 22% YoY, fueled by data center and AI demand ➢ Expanded product and IP offer
Slide 4: Q3 2026 Non-GAAP Income Summary
Q3 2026 Non-GAAP Income Summary In Millions, except EPS Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Revenue $178.5 $190.2 $180.2 $207.4 $218.3 Achieved record quarterly revenue Total Operating Costs and Continued investment to support core $99.3 $103.2 $104.6 $113.7 $116.1 Expenses (1, 2) growth initiat
Slide 5: Q3 2026 Balance Sheet Summary
Q3 2026 Balance Sheet Summary In Millions Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Total Cash & Marketable $135M of total capital returned to stockholders in $673.3 $761.8 $786.1 $824.9 $776.9 Securities Q3, including $100M Accelerated Share Repurchase Total Assets $1,406.4 $1,529.5 $1,533.1 $1,612.3
Slide 6: Q4 2026 GAAP and Non-GAAP Outlook
Q4 2026 GAAP and Non-GAAP Outlook GAAP (1) Non - GAAP (2) Revenue $227 - $233M $227 - $233M Product Revenue $127 – $133M $127 – $133M Royalties Revenue $68 – $74M $68 – $74M Contract & Other Revenue $26 – $32M $26 – $32M Total Operating Costs and Expenses (3) $143 – $139M $124 – $120M (4) Diluted Ea
Slide 7: Rambus Investment Summary
Rambus Investment Summary ➢ AI-driven data center growth expands long-term market opportunity ➢ Broad portfolio of high-performance chips and silicon IP enables critical performance improvements for AI and advanced workloads ➢ Innovation feeds sustained product leadership and strong patent portfolio
Slide 8: Thank you
Thank you
Slide 9: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non-GAAP Financial Measures Operating Income in Millions, except EPS Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 GAAP Operating Income $63 $71 $62 $73 $84 Adjustments: Stock-based compensation 14 14 11 16 17 Amortization of acquired intangible assets 2 2 2 2 1 Restructuring and
Slide 10: Reconciliation of GAAP to Non-GAAP Income Statement
Reconciliation of GAAP to Non-GAAP Income Statement GAAP Non-GAAP Delta In Millions, except EPS Actual Actual to Q3 2026 Q3 2026 GAAP Revenue $218.3 $218.3 $- Cost of revenue 47.4 46.0 (1.3) Research and development 49.4 43.2 (6.2) Sales, general and administrative 37.7 26.9 (10.8) Restructuring cha