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RMBS

Rambus Inc.

Ticker RMBSSAN JOSE, CAFiscal year ends DecemberBook value per share $12.94Diluted shares 109.6M

Rambus Inc. (Nasdaq: RMBS) is a semiconductor company that develops memory interface chips, silicon intellectual property (IP) and patented technologies for data-intensive computing, with a focus on data center and AI infrastructure. Its memory interface chipsets support DDR5 and LPDDR5 server and client memory… From the company’s description.

In fiscal 2025, Rambus Inc. reported revenue of $707.63M, up 27.1% from fiscal 2024, and net income of $230.46M. Its operating margin was 36.8%, and operations generated $360.02M in cash. Over the twelve months to Sep 30, 2026, revenue was $796.11M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$707.63MFY2025
+27.1% year over year
Last 12 mo $796.11M
36.77%FY2025
+3.9 percentage points
Last 12 mo 36.30%
$230.46MFY2025
+28.2% year over year
Last 12 mo $265.87M
16.89%FY2025
+0.8 percentage points
Last 12 mo 18.75%
Cash & financing
$360.02MFY2025
+56.1% year over year
Last 12 mo $346.75M
$333.18MFY2025
+66.7% year over year
Last 12 mo $312.93M
—
109.2MFY2025
+0.2% year over year
Last 12 mo 109.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Rambus Inc. does

In the company’s own words

Rambus Inc. (Nasdaq: RMBS) is a semiconductor company that develops memory interface chips, silicon intellectual property (IP) and patented technologies for data-intensive computing, with a focus on data center and AI infrastructure. Its memory interface chipsets support DDR5 and LPDDR5 server and client memory modules, including RDIMMs and MRDIMMs, and include clock drivers, data buffers, power-management circuits, hubs and sensors. Rambus sells these chips to memory module manufacturers, original equipment manufacturers and hyperscalers worldwide. Its silicon IP includes high-speed memory and chip-to-chip interface controllers, PCIe and CXL technologies, and security solutions; chipmakers license these products for integration into custom silicon, standard products and FPGA designs. The company also licenses patents covering memory architecture, high-speed serial links and security to semiconductor and systems companies. Rambus operates through memory interface chips, silicon IP and patent licensing businesses. It follows a fabless manufacturing model, relying on third parties to fabricate, assemble and test its chips. Founded in 1990, Rambus had 791 employees as of December 31, 2025. Its website is www.rambus.com.

Company details
Sector
Information Technology
Industry (SIC)
Semiconductors
Headquarters
SAN JOSE, CA
Fiscal year end
December
CIK
917273
SIC
3674

Financial performance, year by year

Fiscal 2013–2025 · USD
$-253.36M$32.86M$319.07M$605.29M$891.51M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Rambus Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

562
funds hold it
1 of 35
superinvestors hold it
$7.37B
held by funds, at market
52.4%
of shares held by funds

Superinvestors in Rambus Inc. · what they did last quarter

Stanley DruckenmillerNEW
Duquesne Family Office
0.5%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Rambus Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.40%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.17%of fund net assets
Invesco Small Cap Value Fund
VSCAX · AIM Sector Funds (Invesco Sector Funds)
—of fund net assets
iShares Semiconductor ETF
SOXX · iShares Trust
0.64%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Rambus Inc. and its peers compare on margins and cash generation over ten years?”
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