← RAMBUS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $6.8m |
($22.9m)
-435.22%
|
($158.0m)
-590.92%
|
($90.4m)
+42.76%
|
($40.5m)
+55.24%
|
$18.3m
+145.30%
|
($14.3m)
-178.05%
|
$333.9m
+2433.36%
|
$179.8m
-46.15%
|
$230.5m
+28.16%
|
— | |
| Depreciation, Depletion and Amortization | $13.0m | $13.3m | $10.7m | $15.2m | $22.1m | $21.0m | $26.0m | $37.7m | $10.1m | $11.9m | $44.6m | |
| Depreciation | $13.0m | $13.3m | $10.7m | $15.2m | $22.1m | $21.0m | $26.0m | $37.7m | $26.1m | $30.8m | $37.9m | |
| Amortization of Debt Issuance Costs and Discounts | $6.7m | $7.6m | $9.2m | $6.9m | $7.2m | $7.7m | $207k | $3k | $0 | — | — | |
| Amortization of Intangible Assets | $37.1m | $42.0m | $29.3m | $17.1m | $18.4m | $17.5m | $15.6m | $14.7m | $11.7m | $6.9m | — | |
| Deferred Income Tax Expense (Benefit) | ($7.1m) | $39.5m | $80.0m | ($1.8m) | $624k | $1.5m | $689k | ($145.3m) | ($9.9m) | $29.6m | $35.8m | |
| Share-based Payment Arrangement, Noncash Expense | $21.0m | $27.4m | $21.7m | $26.5m | $25.8m | $27.5m | $35.6m | $45.0m | $44.9m | $54.3m | $56.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $5.1m | $6.8m | $7.0m | $9.4m | $10.6m | $18.4m | $38.3m | $41.3m | $41.9m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | — | — | — | — | — | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | $18.3m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | — | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $0 | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | — | — | — | $23.9m | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | ($1.1m) | ($1.3m) | — | — | — | — | |
| Nonoperating Income (Expense) | ($11.0m) | ($13.4m) | $16.3m | $17.5m | $7.5m | ($995k) | ($84.8m) | $33.5m | $17.0m | $21.7m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($5.8m) | $1.1m | $24.9m | ($5.0m) | ($16.1m) | $13.5m | $9.3m | $28.9m | $39.8m | $14.7m | ($32.9m) | |
| Increase (Decrease) in Inventories | ($1.7m) | ($473k) | $1.9m | $3.4m | $4.4m | ($6.1m) | $12.7m | $15.3m | $8.5m | ($536k) | ($36.2m) | |
| Increase (Decrease) in Accounts Payable | $2.4m | ($651k) | ($2.3m) | $2.9m | ($2.2m) | $2.2m | $12.0m | ($5.8m) | $580k | $11.4m | $24.2m | |
| Gain (Loss) on Disposition of Other Assets | — | — | $1.3m | $0 | $0 | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $92.5m |
$117.4m
+26.91%
|
$87.1m
-25.82%
|
$128.5m
+47.54%
|
$185.5m
+44.29%
|
$209.2m
+12.81%
|
$230.4m
+10.12%
|
$195.8m
-15.02%
|
$230.6m
+17.78%
|
$360.0m
+56.12%
|
$332.7m
-7.59%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $8.6m | $9.4m | $10.8m | $6.5m | $29.7m | $13.8m | $17.5m | $23.2m | $30.7m | $26.8m | ($33.2m) | |
| Property, plant and equipment acquisitions funded by liabilities | $8.6m | $9.4m | $10.8m | $6.5m | $29.7m | $13.8m | $17.5m | $23.2m | $30.7m | $26.8m | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | $77k | $82k | $1k | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | $3.5m | — | — | — | — | |
| Marketable Securities, Unrealized Gain (Loss) | ($396k) | $613k | ($747k) | $54k | ($13k) | ($1.0m) | ($2.6m) | $3.4m | $239k | $732k | — | |
| Payments to Acquire Investments | — | — | $3.0m | $1.0m | $0 | — | — | — | — | — | ($851.3m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $110.1m | $32.0m | $223.1m | $507.4m | $817.8m | $336.2m | $59.6m | $175.9m | $280.8m | $470.0m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $202.5m | $0 | $0 | $66.8m | $0 | $97.1m | $15.9m | $0 | $0 | — | ($67.8m) | |
| Net Cash Provided by (Used in) Investing Activities | ($105.2m) | ($75.5m) | ($68.0m) | ($141.5m) | ($90.4m) | ($115.7m) | $152.0m | ($57.4m) | ($56.7m) | ($223.1m) | ($263.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | ($1.1m) | $0 | $0 | $0 | $0 | ($83.6m) | $0 | $0 | — | — | |
| Payments for Repurchase of Common Stock | $0 | $50.0m | $50.0m | $0 | $50.1m | $100.1m | $100.4m | $100.5m | $113.3m | $7.1m | — | |
| Net Cash Provided by (Used in) Financing Activities | $5.8m |
$46.4m
+705.64%
|
($127.7m)
-374.91%
|
($298k)
+99.77%
|
($61.2m)
-20432.21%
|
($114.2m)
-86.66%
|
($362.9m)
-217.78%
|
($169.6m)
+53.26%
|
($168.0m)
+0.96%
|
($54.4m)
+67.61%
|
($68.6m)
-25.99%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.6m) | $2.1m | ($109.6m) | ($13.7m) | $34.0m | ($21.1m) | $17.4m | ($30.9m) | $5.0m | $83.1m | $88.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $225.8m | $116.3m | $102.5m | $136.5m | $108.3m | $125.7m | $94.8m | $99.8m | $182.8m | $88.1m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($1.6m) | $2.1m | ($989k) | ($497k) | $106k | ($413k) | ($2.0m) | $306k | ($880k) | $556k | ($401k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.6m | $1.6m | $3.0m | $2.4m | $2.4m | $2.4m | $1.5m | $73k | $0 | $0 | — | |
| Income Taxes Paid, Net | $26.8m | $22.7m | $23.6m | $17.8m | $21.3m | $22.8m | $25.3m | $25.9m | $27.1m | $25.0m | — | |
| Non-cash transactions: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | ($10.6m) | ($240k) | $0 | $0 | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | ($7.4m) | $0 | $0 | — | $90.8m | $0 | $0 | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | $3.5m | $0 | $0 | — | — | |
| Gain (Loss) on Disposition of Assets | $0 | ($227k) | ($395k) | ($157k) | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | $0 | $533k | $0 | $0 | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | $579k | $0 | $0 | — | — | — | — | — | — | — | — | |
| Goodwill | $204.8m | $209.7m | $207.2m | $183.5m | $183.2m | $278.8m | $292.0m | $286.8m | $286.8m | $286.8m | $0 | |
| Income Tax Expense (Benefit) | $15.8m | $63.9m | $87.3m | $3.4m | $3.9m | $5.0m | $6.5m | ($146.7m) | $20.2m | $51.5m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $1.4m | $1.4m | — | |
| Operating Expenses | — | — | — | — | $229.6m | $233.6m | $270.3m | $204.1m | $263.5m | $303.0m | — | |
| Restructuring Costs | $0 | $0 | $670k | $0 | $0 | — | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $231.2m | $224.0m | $246.3m | $328.3m | $454.8m | $461.1m | $556.6m | $707.6m | — |