Filing Flows › Rambus (RMBS) › Q3 2026 › vs Q2 2026
Rambus (RMBS) Q3 2026 vs Q2 2026 (quarter over quarter)
Rambus's revenue rose $10.9M (+5%) from $207M in Q2 2026 to $218M in Q3 2026. The biggest changes: Product Revenue +$15.2M (+15%); Royalty −$7.3M (-9%); Contractandother Revenue +$3.0M (+13%). Gross margin 78.3% against 79.8% (-1.5 pts).
Rambus, Q3 2026: revenue $218M (+22% year over year), operating margin 38.3%, net earnings $74.6M, operating cash flow $102M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 78.3% | 79.8% | -1.5 pts |
| Operating margin | 38.3% | 35.1% | +3.3 pts |
| Net margin | 34.2% | 32.6% | +1.6 pts |
| Free cash flow margin | 43.9% | 25.2% | +18.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Product Revenue | $114M | $99.2M | $15.2M | +15% |
| Royalty | $77.0M | $84.3M | −$7.3M | -9% |
| Contractandother Revenue | $27.0M | $24.0M | $3.0M | +13% |
| Revenue | $218M | $207M | $10.9M | +5% |
| Gross profit | $171M | $165M | $5.5M | +3% |
| Cost of revenue | $47.4M | $42.0M | $5.4M | +13% |
| Other income, net | $6.9M | $6.8M | $125K | +2% |
| Operating profit | $83.7M | $72.7M | $10.9M | +15% |
| Operating expenses | $87.3M | $92.7M | −$5.4M | -6% |
| Pre-tax earnings | $90.5M | $79.5M | $11.0M | +14% |
| Research & development | $49.4M | $51.1M | −$1.7M | -3% |
| SG&A | $37.7M | $38.3M | −$578K | -2% |
| Net earnings | $74.6M | $67.6M | $7.0M | +10% |
| Income tax | $16.0M | $11.9M | $4.1M | +34% |
| Depreciation & amortization | $3.0M | $3.0M | $89K | +3% |
| Share-based compensation | $17.1M | $15.9M | $1.2M | +8% |
| Working capital & other | $7.7M | −$25.2M | $32.9M | — |
| Operating cash flow | $102M | $61.2M | $41.2M | +67% |
| Free cash flow (OCF − capex) | $95.9M | $52.2M | $43.7M | +84% |
| Capital expenditures | $6.6M | $9.1M | −$2.5M | -27% |
Questions
How much did Rambus's revenue grow quarter over quarter in Q3 2026?
Rambus's revenue rose $10.9M (+5%) from $207M in Q2 2026 to $218M in Q3 2026.
What drove Rambus's revenue change in Q3 2026?
Product Revenue +$15.2M (+15%); Royalty −$7.3M (-9%); Contractandother Revenue +$3.0M (+13%).