Rambus reported record quarterly revenue of $207.4 million for the second quarter of 2026, a 20% increase year over year and above its guidance range. Product revenue reached a record $99.2 million, up 13% sequentially and 22% from a year ago, while royalties contributed $84.2 million and contract and other revenue added $24.0 million. GAAP diluted earnings per share came in at $0.61, and non-GAAP diluted earnings per share was $0.77, also exceeding the company's guidance. Cash from operations was $61.2 million, and total cash, equivalents, and marketable securities stood at $824.9 million at quarter-end. For the third quarter, Rambus expects total revenue between $210 million and $216 million, with product revenue of $110 million to $116 million, and non-GAAP diluted earnings per share of $0.75 to $0.82.
Rambus IncRecord quarterly revenue and earnings beat guidance, with strong cash flow and raised outlook.