Rambus Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $707.6M | $556.6M | $461.1M | $454.8M | $328.3M | $246.3M | $227.6M | $231.2M |
| Cost of Revenue | $144.4M | $110.1M | $103.4M | $107.6M | $70.4M | $60.7M | $51.4M | $53.7M |
| Gross Profit | $563.2M | $446.5M | $357.7M | $347.2M | $257.9M | $185.6M | $176.2M | $177.5M |
| Gross Margin | 79.6% | 80.2% | 77.6% | 76.3% | 78.6% | 75.3% | 77.4% | 76.8% |
| Operating Expenses | ||||||||
| Research & Development | $187.7M | $162.9M | $156.8M | $158.8M | $135.7M | $139.8M | $156.8M | $158.3M |
| SG&A Expense | $115.3M | $104.1M | $108.1M | $106.7M | $91.1M | $86.4M | $100.6M | $98.3M |
| Operating Income | $260.2M | $183.0M | $153.6M | $76.9M | $24.3M | $-44.1M | $-100.1M | $-87.0M |
| Operating Margin | 36.8% | 32.9% | 33.3% | 16.9% | 7.4% | -17.9% | -44.0% | -37.6% |
| Interest Expense | — | — | $1.5M | $1.9M | $10.7M | $10.3M | $9.9M | $16.3M |
| Pretax Income | $282.0M | $200.0M | $187.2M | $-7.8M | $23.3M | $-36.5M | $-82.5M | $-70.6M |
| Income Tax Expense | $51.5M | $20.2M | $-146.7M | $6.5M | $5.0M | $3.9M | $3.4M | $87.3M |
| Net Income | $230.5M | $179.8M | $333.9M | $-14.3M | $18.3M | $-40.5M | $-86.0M | $-158.0M |
| Net Margin | 32.6% | 32.3% | 72.4% | -3.1% | 5.6% | -16.4% | -37.8% | -68.3% |
| EPS (Basic) | $2.14 | $1.67 | $3.09 | $-0.13 | $0.17 | $-0.36 | $-0.77 | $-1.46 |
| EPS (Diluted) | $2.11 | $1.65 | $3.01 | $-0.13 | $0.16 | $-0.36 | $-0.77 | $-1.46 |
| Shares Outstanding (Basic) | 107.5M | 107.4M | 108.2M | 109.5M | 110.5M | 113.3M | 110.9M | 108.5M |
| Shares Outstanding (Diluted) | 109.2M | 109.0M | 110.9M | 109.5M | 114.9M | 113.3M | 110.9M | 108.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |