Cash flow Rambus Inc.

Stocks

RMBS

US7509171069

Semiconductors

Market Closed - Nasdaq Other stock markets 16:00:00 2026-07-17 EDT			5-day change	1st Jan Change
101.44 ^USD	+0.02%		-9.51%	+10.39%

07-17	South Korea Raids Montage, Renesas, Rambus in Price-Fixing Probe	MT
07-16	Benchmark Initiates Rambus at Buy	MT

67a3bcb63c5ef5e29d7890018.GKSjQQ1eacGzzVwr1JcwOseb0ueoi7fiw48yEvyddZU.asrTcFoOPfaKi25Pme5Xdqnv_7j82oTPiMxESpPsRPFx6M8YTgoh8-W-Nw

Published financial data: RAMBUS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	328M	455M	461M	557M	708M
Total Revenues	328M	455M	461M	557M	708M
Cost of Goods Sold, Total	54.15M	93.64M	89.9M	98.9M	138M
Gross Profit	274M	361M	371M	458M	570M
Selling General & Admin Expenses, Total	88.86M	106M	108M	104M	115M
R&D Expenses	136M	159M	157M	163M	188M
Amortization of Goodwill and Intangible Assets - (IS)	17.47M	15.61M	14.74M	11.71M	6.88M
Other Operating Expenses, Total	242M	280M	280M	279M	310M
Operating Income	32.15M	81.25M	91.5M	179M	260M
Interest Expense, Total	-10.71M	-1.87M	-1.49M	-1.42M	-1.37M
Interest And Investment Income	9.71M	5.6M	12.8M	19M	23.11M
Net Interest Expenses	-995K	3.73M	11.31M	17.58M	21.74M
Other Non Operating Income (Expenses)	-	-8.41M	-1.71M	-550K	-
EBT, Excl. Unusual Items	31.15M	76.56M	101M	196M	282M
Restructuring Charges	-368K	-	-9.37M	-	-
Merger & Related Restructuring Charges	-2.2M	-1.2M	-	-	-
Gain (Loss) On Sale Of Investments	-	3.55M	23.92M	-	-
Gain (Loss) On Sale Of Assets	-	-	90.78M	-	-
Asset Writedown	-	-	-10.04M	-1.07M	-
In Process R&D Expenses	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-5.3M	-86.74M	-9.23M	5.04M	-
EBT, Incl. Unusual Items	23.29M	-7.82M	187M	200M	282M
Income Tax Expense	4.95M	6.48M	-147M	20.22M	51.5M
Earnings From Continuing Operations	18.33M	-14.31M	334M	180M	230M
Net Income to Company	18.33M	-14.31M	334M	180M	230M
Net Income - (IS)	18.33M	-14.31M	334M	180M	230M
Net Income to Common Incl Extra Items	18.33M	-14.31M	334M	180M	230M
Net Income to Common Excl. Extra Items	18.33M	-14.31M	334M	180M	230M
Per Share Items
Net EPS - Basic	0.17	-0.13	3.09	1.67	2.14
Basic EPS - Continuing Operations	0.17	-0.13	3.09	1.67	2.14
Basic Weighted Average Shares Outstanding	111M	109M	108M	107M	108M
Net EPS - Diluted	0.16	-0.13	3.01	1.65	2.11
Diluted EPS - Continuing Operations	0.16	-0.13	3.01	1.65	2.11
Diluted Weighted Average Shares Outstanding	115M	109M	111M	109M	109M
Normalized Basic EPS	0.18	0.44	0.58	1.14	1.64
Normalized Diluted EPS	0.17	0.44	0.57	1.12	1.61
Supplemental Items
EBITDA	76.43M	128M	140M	222M	302M
EBITA	49.62M	96.86M	106M	191M	267M
EBIT	32.15M	81.25M	91.5M	179M	260M
EBITDAR	83.83M	136M	146M	234M	315M
Total Revenues (As Reported)	328M	455M	461M	557M	708M
Effective Tax Rate - (Ratio)	21.27	-82.88	-78.41	10.11	18.27
Current Domestic Taxes	102K	-32K	1.97M	3.23M	-307K
Current Foreign Taxes	3.33M	5.83M	-3.36M	26.87M	22.22M
Total Current Taxes	3.43M	5.8M	-1.39M	30.1M	21.91M
Deferred Domestic Taxes	2.37M	2.5M	-144M	-8.2M	30.62M
Deferred Foreign Taxes	-844K	-1.81M	-1.35M	-1.67M	-1.03M
Total Deferred Taxes	1.52M	689K	-145M	-9.88M	29.59M
Normalized Net Income	19.47M	47.85M	63.19M	123M	176M
Interest on Long-Term Debt	10.71M	804K	-	-	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	136M	159M	157M	163M	188M
Net Rental Expense, Total	7.4M	7.5M	6M	11.85M	12.54M
Imputed Operating Lease Interest Expense	3.22M	924K	1.9M	4.41M	5M
Imputed Operating Lease Depreciation	4.18M	6.58M	4.1M	7.44M	7.54M
Stock-Based Comp., COGS (Total)	-	-	-	-	-
Stock-Based Comp., R&D Exp. (Total)	10.6M	13.5M	14.9M	16.3M	20.6M
Stock-Based Comp., SG&A Exp. (Total)	16.5M	21.5M	29.5M	28M	32.9M
Stock-Based Comp., Other (Total)	386K	552K	611K	580K	767K
Total Stock-Based Compensation	27.49M	35.55M	45.01M	44.88M	54.27M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	108M	125M	94.77M	99.78M	183M
Short Term Investments	378M	188M	331M	382M	579M
Total Cash And Short Term Investments	486M	313M	426M	482M	762M
Accounts Receivable, Total	180M	181M	134M	148M	163M
Total Receivables	180M	181M	134M	148M	163M
Inventory	8.48M	20.9M	36.15M	44.63M	44.1M
Prepaid Expenses	10.6M	12.02M	34.85M	15.94M	20.2M
Total Current Assets	684M	527M	631M	690M	989M
Gross Property Plant And Equipment	174M	192M	178M	208M	241M
Accumulated Depreciation	-94.47M	-81.69M	-89.09M	-111M	-110M
Net Property Plant And Equipment	79.75M	110M	89.3M	96.96M	130M
Long-term Investments	1.8M	500K	-	-	-
Goodwill	279M	292M	287M	287M	287M
Other Intangibles, Total	58.42M	50.88M	28.77M	17.06M	10.17M
Accounts Receivable Long-Term	123M	25.22M	4.42M	-	-
Deferred Tax Assets Long-Term	4.05M	3.03M	128M	136M	106M
Other Long-Term Assets, Total	2.44M	3.31M	90.38M	116M	8.04M
Total Assets	1.23B	1.01B	1.26B	1.34B	1.53B
Liabilities
Accounts Payable, Total	11.28M	24.82M	18.07M	18.52M	35.92M
Accrued Expenses, Total	20.94M	20.5M	17.5M	19.19M	22.04M
Current Portion of Long-Term Debt	164M	10.38M	-	-	-
Current Portion of Leases	5.99M	5.02M	4.45M	5.62M	6.31M
Current Income Taxes Payable	20.61M	18.14M	5.1M	1.26M	-
Unearned Revenue Current, Total	24.76M	23.86M	17.39M	19.9M	29.98M
Other Current Liabilities	20M	23.99M	26.6M	17.31M	26.32M
Total Current Liabilities	267M	127M	89.12M	81.81M	121M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	29.1M	29.08M	26.26M	24.53M	18.67M
Deferred Tax Liability Non Current	23.98M	24.96M	4.46M	-	-
Other Non Current Liabilities	49.9M	52.54M	100M	116M	25.88M
Total Liabilities	370M	233M	220M	222M	165M
Common Stock, Total	109K	108K	108K	107K	108K
Additional Paid In Capital	1.3B	1.3B	1.32B	1.28B	1.29B
Retained Earnings	-435M	-513M	-286M	-154M	76.8M
Comprehensive Income and Other	-1.45M	-4.96M	-1.27M	-1.26M	-124K
Total Common Equity	862M	779M	1.04B	1.12B	1.36B
Total Equity	862M	779M	1.04B	1.12B	1.36B
Total Liabilities And Equity	1.23B	1.01B	1.26B	1.34B	1.53B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	109M	108M	108M	107M	108M
ECS Total Common Shares Outstanding	109M	108M	108M	107M	108M
Book Value / Share	7.89	7.24	9.63	10.49	12.66
Tangible Book Value	525M	436M	723M	817M	1.07B
Tangible Book Value Per Share	4.81	4.06	6.7	7.65	9.9
Total Debt	199M	44.48M	30.71M	30.15M	24.98M
Net Debt	-287M	-269M	-395M	-452M	-737M
Debt Equivalent Oper. Leases	59.2M	60M	48M	94.82M	100M
Equity Method Investments, Total	1.8M	500K	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	3.88M	4.68M	17.48M	14.78M	17.26M
Inventories - Work In Process, Total	1.54M	8.34M	5.3M	9.65M	17.04M
Inventories - Finished Goods, Total	3.07M	7.88M	13.37M	20.21M	9.8M
Buildings, Total	-	-	-	-	-
Machinery, Total	62.65M	69.12M	79.2M	102M	123M
Full Time Employees	690	765	623	712	791

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	18.33M	-14.31M	334M	180M	230M
Depreciation & Amortization - CF	26.81M	31.52M	33.69M	30.98M	35.11M
Amortization of Goodwill and Intangible Assets - (CF)	17.47M	15.61M	14.74M	11.71M	6.88M
Depreciation & Amortization, Total	44.28M	47.13M	48.43M	42.69M	41.99M
(Gain) Loss From Sale Of Asset	-82K	-1K	-90.78M	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-2.41M	-23.92M	-	-
Asset Writedown & Restructuring Costs	-	-	10.04M	1.07M	-
(Income) Loss On Equity Investments - (CF)	1.07M	1.28M	-	-	-
Stock-Based Compensation (CF)	27.49M	35.55M	45.01M	44.88M	54.27M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	14.48M	98.22M	-135M	-14.9M	29.66M
Change In Accounts Receivable	105M	98.67M	64.86M	-13.64M	-13.99M
Change In Inventories	6.11M	-12.7M	-15.25M	-8.48M	536K
Change In Accounts Payable	2.2M	11.98M	-5.77M	580K	11.4M
Change in Unearned Revenues	15.5M	-1.35M	-5.05M	3.77M	9.74M
Change In Income Taxes	-25.31M	-19.28M	-28.06M	5.1M	-1.05M
Change in Other Net Operating Assets	231K	-12.37M	-2.4M	-10.28M	-3M
Cash from Operations	209M	230M	196M	231M	360M
Capital Expenditure	-13.79M	-17.48M	-23.24M	-30.7M	-26.84M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-97.12M	-15.93M	-	-	-
Divestitures	-	-	106M	-	-
Sale (Purchase) of Intangible assets	-	-3M	-	-	-
Investment in Marketable and Equity Securities, Total	-4.75M	188M	-141M	-26.03M	-196M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-116M	152M	-57.4M	-56.72M	-223M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-12.47M	-272M	-26.57M	-16.35M	-12.29M
Total Debt Repaid	-12.47M	-272M	-26.57M	-16.35M	-12.29M
Issuance of Common Stock	8.96M	6.14M	8.95M	5.46M	6.86M
Repurchase of Common Stock	-111M	-119M	-139M	-155M	-48.98M
Other Financing Activities, Total	-	22.2M	-13.15M	-2.45M	-
Cash from Financing	-114M	-363M	-170M	-168M	-54.41M
Foreign Exchange Rate Adjustments	-413K	-2.01M	306K	-880K	556K
Net Change in Cash	-21.06M	17.43M	-30.93M	5.01M	83.05M
Supplemental Items
Cash Interest Paid	2.37M	1.52M	73K	-	-
Cash Income Tax Paid (Refund)	22.84M	25.28M	25.93M	27.13M	24.99M
Levered Free Cash Flow	86.13M	110M	109M	156M	251M
Unlevered Free Cash Flow	92.82M	111M	110M	157M	252M
Change In Net Working Capital	-14.76M	1.51M	17.45M	12.13M	-19.54M
Net Debt Issued / Repaid	-12.47M	-272M	-26.57M	-16.35M	-12.29M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.62	4.52	5.04	8.6	11.32
Return on Total Capital	1.85	5.39	6.04	10.08	12.8
Return On Equity %	2.07	-1.74	36.75	16.66	18.55
Return on Common Equity	2.07	-1.74	36.75	16.66	18.55
Margin Analysis
Gross Profit Margin %	83.51	79.41	80.5	82.23	80.56
SG&A Margin	27.07	23.2	23.45	18.7	16.29
EBITDA Margin %	23.28	28.23	30.35	39.83	42.71
EBITA Margin %	15.11	21.3	23.04	34.27	37.75
EBIT Margin %	9.79	17.87	19.84	32.16	36.77
Income From Continuing Operations Margin %	5.58	-3.15	72.41	32.31	32.57
Net Income Margin %	5.58	-3.15	72.41	32.31	32.57
Net Avail. For Common Margin %	5.58	-3.15	72.41	32.31	32.57
Normalized Net Income Margin	5.93	10.52	13.7	22.02	24.9
Levered Free Cash Flow Margin	26.23	24.25	23.64	27.98	35.43
Unlevered Free Cash Flow Margin	28.27	24.51	23.84	28.14	35.55
Asset Turnover
Asset Turnover	0.26	0.41	0.41	0.43	0.49
Fixed Assets Turnover	3.95	4.78	4.62	5.98	6.23
Receivables Turnover (Average Receivables)	1.9	2.52	2.93	3.95	4.56
Inventory Turnover (Average Inventory)	4.72	6.37	3.15	2.45	3.1
Short Term Liquidity
Current Ratio	2.56	4.16	7.08	8.44	8.2
Quick Ratio	2.49	3.9	6.28	7.7	7.67
Operating Cash Flow to Current Liabilities	0.78	1.82	2.2	2.82	2.99
Days Sales Outstanding (Average Receivables)	192.55	144.76	124.62	92.61	80.1
Days Outstanding Inventory (Average Inventory)	77.34	57.26	115.82	149.48	117.74
Average Days Payable Outstanding	76.81	62.11	74.44	62.37	72.52
Cash Conversion Cycle (Average Days)	193.08	139.91	166	179.72	125.32
Long Term Solvency
Total Debt/Equity	23.05	5.71	2.96	2.69	1.83
Total Debt / Total Capital	18.73	5.4	2.87	2.62	1.8
LT Debt/Equity	3.37	3.73	2.53	2.19	1.37
Long-Term Debt / Total Capital	2.74	3.53	2.46	2.13	1.34
Total Liabilities / Total Assets	30.04	23.04	17.49	16.56	10.8
EBIT / Interest Expense	3	43.36	61.41	126.44	189.53
EBITDA / Interest Expense	7.83	72.51	97.94	164.96	229.24
(EBITDA - Capex) / Interest Expense	6.54	63.18	82.34	143.28	209.69
Total Debt / EBITDA	2.37	0.33	0.21	0.13	0.08
Net Debt / EBITDA	-3.42	-1.98	-2.71	-1.93	-2.34
Total Debt / (EBITDA - Capex)	2.84	0.38	0.25	0.15	0.09
Net Debt / (EBITDA - Capex)	-4.1	-2.27	-3.22	-2.23	-2.56
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	33.28	38.53	1.39	20.71	27.13
Gross Profit, 1 Yr. Growth %	35.1	31.73	2.79	23.3	24.55
EBITDA, 1 Yr. Growth %	1.09K	67.98	9	58.45	36.3
EBITA, 1 Yr. Growth %	-312.47	95.23	9.68	79.54	40.03
EBIT, 1 Yr. Growth %	-176.98	152.74	12.61	95.66	45.34
Earnings From Cont. Operations, 1 Yr. Growth %	-145.3	-178.05	-2.43K	-46.15	28.16
Net Income, 1 Yr. Growth %	-145.3	-178.05	-2.43K	-46.15	28.16
Normalized Net Income, 1 Yr. Growth %	-190.96	145.76	32.04	93.94	43.8
Diluted EPS Before Extra, 1 Yr. Growth %	-144.44	-181.7	-2.4K	-45.18	27.88
Accounts Receivable, 1 Yr. Growth %	7.77	0.78	-26.11	10.53	10.01
Inventory, 1 Yr. Growth %	-41.37	146.4	72.99	23.46	-1.2
Net Property, Plant and Equip., 1 Yr. Growth %	-7.7	38.44	-19.11	8.58	34.24
Total Assets, 1 Yr. Growth %	-1.5	-17.85	24.26	6.75	13.88
Tangible Book Value, 1 Yr. Growth %	-24.22	-16.91	65.57	13.05	30.68
Common Equity, 1 Yr. Growth %	-5.51	-9.64	33.21	7.96	21.75
Cash From Operations, 1 Yr. Growth %	12.81	10.12	-15.02	17.78	56.12
Capital Expenditures, 1 Yr. Growth %	-53.61	26.73	32.97	32.09	-12.56
Levered Free Cash Flow, 1 Yr. Growth %	18.1	28.06	-1.17	42.89	60.98
Unlevered Free Cash Flow, 1 Yr. Growth %	16.92	20.09	-1.38	42.48	60.62
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	20.1	35.88	18.51	10.63	23.88
Gross Profit, 2 Yr. CAGR %	19.95	33.41	16.36	12.58	23.92
EBITDA, 2 Yr. CAGR %	39.31	347.14	35.31	32.04	46.96
EBITA, 2 Yr. CAGR %	-11.27	103.67	46.33	41.21	58.56
EBIT, 2 Yr. CAGR %	-36.64	39.48	68.71	49.55	68.64
Earnings From Cont. Operations, 2 Yr. CAGR %	-53.82	-40.54	326.76	254.49	-16.92
Net Income, 2 Yr. CAGR %	-53.82	-40.54	326.76	254.49	-16.92
Normalized Net Income, 2 Yr. CAGR %	-29.39	49.52	80.14	61.29	67
Diluted EPS Before Extra, 2 Yr. CAGR %	-54.56	-39.74	333.73	255.28	-16.27
Accounts Receivable, 2 Yr. CAGR %	-11.31	4.21	-13.71	-9.63	10.27
Inventory, 2 Yr. CAGR %	-8.3	20.2	106.46	46.14	10.44
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.72	13.04	5.82	-6.28	20.73
Total Assets, 2 Yr. CAGR %	-4.21	-10.05	1.03	15.17	10.26
Tangible Book Value, 2 Yr. CAGR %	-15.59	-20.65	17.29	36.81	21.55
Common Equity, 2 Yr. CAGR %	-5.97	-7.6	9.72	19.92	14.64
Cash From Operations, 2 Yr. CAGR %	27.58	11.46	-3.26	0.04	35.6
Capital Expenditures, 2 Yr. CAGR %	45.98	-23.32	29.81	32.53	7.47
Levered Free Cash Flow, 2 Yr. CAGR %	227.75	22.98	12.5	19.24	51.66
Unlevered Free Cash Flow, 2 Yr. CAGR %	155.89	18.49	8.83	18.94	51.28
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	12.4	25.95	23.24	19.24	15.88
Gross Profit, 3 Yr. CAGR %	10.87	23.76	22.3	18.63	16.44
EBITDA, 3 Yr. CAGR %	19.61	48.28	179.32	42.62	33.44
EBITA, 3 Yr. CAGR %	-3.61	15.4	65.7	56.66	40.81
EBIT, 3 Yr. CAGR %	-27.61	0.49	29.88	77.25	48.13
Earnings From Cont. Operations, 3 Yr. CAGR %	-51.22	-44.99	102.07	114.06	152.53
Net Income, 3 Yr. CAGR %	-51.22	-44.99	102.07	114.06	152.53
Normalized Net Income, 3 Yr. CAGR %	-23.17	7.01	43.45	84.63	55.24
Diluted EPS Before Extra, 3 Yr. CAGR %	-52.15	-44.74	102.97	117.66	152.73
Accounts Receivable, 3 Yr. CAGR %	-7.56	-7.45	-7.07	-6.28	-3.51
Inventory, 3 Yr. CAGR %	7.79	27.49	35.71	73.94	28.26
Net Property, Plant and Equip., 3 Yr. CAGR %	11.83	10.17	1.11	6.73	5.64
Total Assets, 3 Yr. CAGR %	-3.25	-8.99	0.18	2.9	14.74
Tangible Book Value, 3 Yr. CAGR %	-11	-16.03	1.4	15.86	34.74
Common Equity, 3 Yr. CAGR %	-5.2	-7.21	4.38	9.13	20.53
Cash From Operations, 3 Yr. CAGR %	34.38	21.47	1.82	3.3	16.04
Capital Expenditures, 3 Yr. CAGR %	8.62	39.26	-7.88	30.56	15.37
Levered Free Cash Flow, 3 Yr. CAGR %	-25.12	139.61	14.34	21.83	31.79
Unlevered Free Cash Flow, 3 Yr. CAGR %	-21.92	98.86	11.46	19.06	31.47
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-0.5	2.96	14.81	19.58	23.5
Gross Profit, 5 Yr. CAGR %	0.34	2.84	13.03	19.16	22.95
EBITDA, 5 Yr. CAGR %	-4.18	3.31	25.66	41.29	116.04
EBITA, 5 Yr. CAGR %	-9.48	0.21	13.91	24.79	62.81
EBIT, 5 Yr. CAGR %	-6.3	8.57	1.54	17.46	44.18
Earnings From Cont. Operations, 5 Yr. CAGR %	21.87	-8.94	16.15	15.91	41.61
Net Income, 5 Yr. CAGR %	21.87	-8.94	16.15	15.91	41.61
Normalized Net Income, 5 Yr. CAGR %	-1.45	13.01	8.03	25.7	52.44
Diluted EPS Before Extra, 5 Yr. CAGR %	21.67	-9.05	15.57	16.32	42.43
Accounts Receivable, 5 Yr. CAGR %	53.48	47.55	-10.07	-8.33	-0.49
Inventory, 5 Yr. CAGR %	8.53	32.29	39.79	34.64	24.97
Net Property, Plant and Equip., 5 Yr. CAGR %	6.41	15.25	9.38	3.27	8.54
Total Assets, 5 Yr. CAGR %	9.49	2.59	-1.56	-0	4.1
Tangible Book Value, 5 Yr. CAGR %	19.49	10.06	-0.61	2.08	9.02
Common Equity, 5 Yr. CAGR %	9.3	6.4	0.51	2.82	8.37
Cash From Operations, 5 Yr. CAGR %	16.96	14.43	17.82	12.4	14.19
Capital Expenditures, 5 Yr. CAGR %	10.02	13.24	16.65	36.52	-2.02
Levered Free Cash Flow, 5 Yr. CAGR %	-0.57	1.27	-11.88	81	28.02
Unlevered Free Cash Flow, 5 Yr. CAGR %	-0.8	-0.12	-10.83	61.69	25.95