Below are the financial statements of Rambus, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 | 2022 |
---|---|---|---|
Revenue | — | — | — |
Product revenue | 246.82a | 224.63a | 227.07a |
Royalties | 226.17a | 150.11a | 139.82a |
Contract and other revenue | 83.64a | 86.38a | 87.91a |
Total revenue | 556.62a | 461.12a | 454.79a |
Cost of revenue | — | — | — |
Cost of product revenue | -95.88a | -84.5a | -88.98a |
Cost of contract and other revenue | -3.03a | -5.4a | -4.67a |
Amortization of acquired intangible assets | -11.2a | -13.52a | -13.94a |
Total cost of revenue | -110.11a | -103.42a | -107.58a |
Gross profit | 446.52a | 357.7a | 347.21a |
Operating expenses | — | — | — |
Research and development | -162.88a | -156.83a | -158.77a |
Sales, general and administrative | -104.09a | -108.15a | -106.72a |
Amortization of acquired intangible assets | -0.51a | -1.22a | -1.67a |
Restructuring and other charges | 0a | -9.37a | 0a |
Gain on divestiture | 0a | -90.78a | 0a |
Impairment of assets | -1.07a | -10.05a | 0a |
Change in fair value of earn-out liability | -5.04a | 9.23a | 3.11a |
Total operating expenses | -263.51a | -204.06a | -270.27a |
Operating income | 183.01a | 153.64a | 76.94a |
Interest income and other income (expense), net | 18.45a | 11.33a | 7.77a |
Gain on sale of equity security | 0a | 0a | 3.55a |
Loss on extinguishment of debt | 0a | 0a | -83.63a |
Loss on fair value adjustment of derivatives, net | 0a | -0.24a | -10.59a |
Gain on sale of non-marketable equity security | 0a | 23.92a | 0a |
Interest expense | -1.42a | -1.49a | -1.87a |
Interest and other income (expense), net | 17.03a | 33.52a | -84.77a |
Income (loss) before income taxes | 200.04a | 187.16a | -7.83a |
Provision for (benefit from) income taxes | -20.22a | -146.74a | -6.49a |
Net income (loss) | 179.82a | 333.9a | -14.31a |
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