Rambus Reports Third Quarter 2026 Results
Rambus (RMBS) reported record third-quarter revenue of $218.3 million, up 22% from a year earlier. GAAP net income was $74.6 million, while GAAP diluted earnings per share were $0.69.
Product revenue reached a record $114.3 million, up 15% sequentially and 22% year over year. Cash from operating activities totaled a record $102.5 million during the quarter.
- GAAP revenue was $218.3 million, above the company’s $210 million to $216 million guidance range.
- Royalties revenue was $77.0 million and contract and other revenue was $27.0 million.
- Cash, cash equivalents and marketable securities were $776.9 million as of September 30, 2026.
- Fourth-quarter revenue guidance is $227 million to $233 million, with GAAP diluted EPS guidance of $0.68 to $0.76.
$RMBS Insider Trading Activity
$RMBS insiders have traded $RMBS stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $RMBS stock by insiders over the last 6 months:
- XIANZHI SEAN FAN (EVP, COO) has made 0 purchases and 2 sales selling 37,914 shares for an estimated $5,751,225.
- EMIKO HIGASHI has made 0 purchases and 3 sales selling 15,000 shares for an estimated $2,392,850.
- CHARLES KISSNER has made 0 purchases and 3 sales selling 15,000 shares for an estimated $1,584,600.
- NECIP SAYINER sold 5,000 shares for an estimated $850,750
- ERIC B STANG sold 5,000 shares for an estimated $730,000
- JOHN SHINN (SVP, General Counsel) sold 1,000 shares for an estimated $143,630
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$RMBS Hedge Fund Activity
We have seen 299 institutional investors add shares of $RMBS stock to their portfolio, and 309 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 7,141,577 shares (+215.2%) to their portfolio in Q2 2026, for an estimated $947,972,930
- BLACKROCK, INC. removed 2,340,829 shares (-14.4%) from their portfolio in Q2 2026, for an estimated $310,721,641
- JPMORGAN CHASE & CO added 2,101,418 shares (+inf%) to their portfolio in Q2 2026, for an estimated $278,942,225
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,109,132 shares (+inf%) to their portfolio in Q2 2026, for an estimated $147,226,181
- GEODE CAPITAL MANAGEMENT, LLC removed 826,835 shares (-26.5%) from their portfolio in Q2 2026, for an estimated $109,754,077
- HOOD RIVER CAPITAL MANAGEMENT LLC removed 727,494 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $96,567,553
- D. E. SHAW & CO., INC. added 721,210 shares (+3900.3%) to their portfolio in Q2 2026, for an estimated $95,733,415
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
