Gary Mobley

Kevin Cassidy

Mehdi Hosseini

Aaron Rakers

Tristan Gerra

Blayne Curtis

Nam Kim

Kevin Garrigan

Nam Hyung Kim

Natalia Sukhotina Winkler

Natalia Winkler

- Rambus delivered strong financial results for Q3 2025, with **revenue of $178.5 million** and a **record product revenue of $93.3 million**, representing a **15% sequential increase** and **41% year-over-year growth**.  **[0000917273_2205753_3]**  The company also generated **$88.4 million in cash from operations** and **$80 million in free cash flow**.  **[0000917273_2205753_3]** 
- For Q4 2025, Rambus expects revenue to be between **$184 million and $190 million**, with non-GAAP earnings per share (EPS) projected between **$0.64 and $0.71**.  **[0000917273_2205753_4]** 
- The company maintained market leadership in **DDR5 products** and saw increasing contributions from new products, driven by strong secular trends in **data center and AI markets**.  **[0000917273_2205753_1]** **[0000917273_2205753_2]** 
- Rambus is progressing with **MRDIMM development**, anticipating large volume ramps in late 2026 and 2027, and aims for similar market share as DDR5 by 2028.  **[0000917273_2205753_5]**  The **Silicon IP business** also shows strong momentum, particularly with HBM4, GDDR7, and PCIe 7 solutions for AI workloads.  **[0000917273_2205753_2]**

Rambus Reports Strong Q3 2025 Results and Provides Q4 2025 Outlook

- Rambus delivered **strong Q3 2025 financial results**, with **revenue of $178.5 million** and a **record product revenue of $93.3 million**, marking a **41% year-over-year growth**.  **[0000917273_2205742_3]**  The company also generated **$88.4 million in cash from operations** and **$80 million in free cash flow**.  **[0000917273_2205742_3]** 
- For Q4 2025, Rambus anticipates **revenue to be between $184 million and $190 million** and expects non-GAAP earnings per share (EPS) in the range of **$0.64 to $0.71**.  **[0000917273_2205742_3]** **[0000917273_2205742_4]** 
- The company maintains **market leadership in DDR5 products** and expects **full-year product revenue growth of over 40%**.  **[0000917273_2205742_1]**  They are also experiencing strong momentum in **silicon IP** driven by AI, with solutions like HBM4, GDDR7, and PCIe7.  **[0000917273_2205742_1]** 
- Rambus expects **MRDIMM** products to ramp in large volumes towards the **end of 2026 and 2027**, with a potential market share realization around **2028**, and estimates the MRDIMM market opportunity (TAM) to be approximately **$600 million**.  **[0000917273_2205742_5]** **[0000917273_2205742_9]**

- Rambus reported strong Q3 2025 financial results, with **revenue of $178.5 million** and a **record product revenue of $93.3 million**, representing a **41% year-over-year growth** driven by DDR5 products and new product contributions.  **[0000917273_2205830_1]** **[0000917273_2205830_3]** 
- For Q4 2025, the company expects **revenue between $184 million and $190 million** and non-GAAP operating results (profit) between **$81 million and $91 million**.  **[0000917273_2205830_3]** 
- The company highlighted continued market leadership in DDR5 products and strong demand for its high-speed memory and interconnect silicon IP (HBM4, GDDR7, PCIe7) driven by AI adoption.  **[0000917273_2205830_1]** 
- Rambus is progressing with MRDIMM development, anticipating market share similar to DDR5 by **2028**, with an estimated MRDIMM market TAM of approximately **$600 million**.  **[0000917273_2205830_5]** **[0000917273_2205830_8]** 
- Rambus generated **$88 million in cash from operations** and **$80 million in free cash flow** in Q3 2025, strengthening its balance sheet with **$673.3 million in cash, cash equivalents, and marketable securities**.  **[0000917273_2205830_3]**

Rambus Reports Strong Q3 2025 Results and Provides Q4 2025 Guidance

- Rambus reported **record quarterly product revenue of $93.3 million** and **total revenue of $178.5 million** for Q3 2025.  **[0000917273_2205666:2]** **[0000917273_2205666:5]** 
- The company achieved its **fourth consecutive quarterly product revenue record**, primarily led by Memory Interface Chips, and generated **$88.4 million in cash from operations**.  **[0000917273_2205666:2]** 
- Rambus is on track to outpace the market with annual product revenue growth, driven by **DDR5 RCD leadership** and new products, with strong alignment to **data center and AI** trends.  **[0000917273_2205666:2]** 
- For Q4 2025, the company projects **product revenue between $94 million and $100 million** and **licensing billings between $60 million and $66 million**.  **[0000917273_2205666:3]**

Rambus Reports Record Q3 2025 Product Revenue and Provides Q4 2025 Outlook

- Rambus reported strong **Q3 2025 revenue of $178.5 million**, exceeding expectations, and achieved a **record product revenue of $93.3 million**, representing a **41% year-over-year increase**.  **[0000917273_2205867_1]** **[0000917273_2205867_3]** 
- The company generated **$88 million in cash from operations** and **$80 million in free cash flow** in Q3 2025, strengthening its balance sheet to **$673.3 million** in cash, cash equivalents, and marketable securities.  **[0000917273_2205867_3]** 
- For **Q4 2025, Rambus anticipates revenue between $184 million and $190 million** and non-GAAP earnings per share between **$0.64 and $0.71**.  **[0000917273_2205867_3]** **[0000917273_2205867_4]** 
- Rambus expects **full-year product revenue growth of over 40%** driven by continued leadership in DDR5 products and ramping new contributions, with MRDIMM development progressing towards large volume ramps in late 2026/2027.  **[0000917273_2205867_1]** **[0000917273_2205867_5]**

Rambus Announces Strong Q3 2025 Results and Q4 2025 Guidance

- Rambus Inc. reported **GAAP revenue of $178.5 million** for the third quarter ended September 30, 2025, with **product revenue reaching a record $93.3 million**.  **[917273_0001193125-25-251595_rmbs-ex99_1.htm:1]**  The company also generated **$88.4 million in cash from operating activities**.  **[917273_0001193125-25-251595_rmbs-ex99_1.htm:0]** **[917273_0001193125-25-251595_rmbs-ex99_1.htm:1]** 
- For Q3 2025, Rambus Inc. achieved **diluted net income per share of $0.44**.  **[917273_0001193125-25-251595_rmbs-ex99_1.htm:1]** 
- For the fourth quarter of 2025, Rambus Inc. expects **licensing billings between $60 million and $66 million**, **product revenue between $94 million and $100 million**, and **contract and other revenue between $25 million and $31 million**.  **[917273_0001193125-25-251595_rmbs-ex99_1.htm:3]**

RAMBUS (RMBS)