Financial Highlights - Rambus achieved record quarterly product revenue of $81 million[7], driven by a 43% year-over-year increase in Memory Interface Chips[8] - The company generated record cash from operations, reaching $94 million[7] - Total revenue for Q2 2025 was $172.2 million[10] Financial Performance & Outlook - Rambus' Q3 2025 non-GAAP outlook projects product revenue between $87 million and $93 million[15] - The company anticipates total operating costs between $94 million and $98 million for Q3 2025[15] - Licensing billings for Q3 2025 are expected to be between $58 million and $64 million[15] Balance Sheet Strength - Rambus' total cash and marketable securities reached $594.8 million in Q2 2025[12] - Total assets amounted to $1,467.8 million in Q2 2025[12] - Stockholders' equity stood at $1,228.0 million in Q2 2025[12]

Financial Performance - Rambus achieved record quarterly product revenue, with Memory Interface Chips up by 52% year-over-year[8] - Q1 2025 revenue reached $166.7 million[10] - Q1 2025 cash from operations was $77.4 million[10] - Non-GAAP operating income for Q1 2025 was $76.3 million[10] - Total cash and marketable securities reached $514.4 million in Q1 2025[12] Q2 2025 Outlook (Non-GAAP) - Product revenue is projected to be between $77 million and $83 million[15] - Licensing billings are expected to be between $64 million and $70 million[15] - Contract & Other Revenue is expected to be between $17 million and $23 million[15] - Total operating costs are projected to be between $90 million and $94 million, excluding certain expenses[15, 16] Strategic Focus - The company is focused on expanding its product portfolio and sustaining technical leadership in the data center market, particularly with AI applications[18]