RAMBUS INC (RMBS) FY2024 Q1 P&L / Income Statement

RAMBUS INC (RMBS) FY2024 Q1 P&L / Income Statement

Income statement for 2024-01-01 through 2024-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

117,871,000 US dollars

Cost of revenue

23,659,000 US dollars

Gross profit

94,212,000 US dollars

Total operating expenses

64,081,000 US dollars

Operating income

30,131,000 US dollars

Interest and other income (expense), net

4,221,000 US dollars

Income before income taxes

34,352,000 US dollars

Provision for income taxes

1,454,000 US dollars

Net income

32,898,000 US dollars

Product revenue

50,360,000 US dollars

Royalties

47,476,000 US dollars

Contract and other revenue

20,035,000 US dollars

Research and development

37,359,000 US dollars

Sales, general and administrative

25,827,000 US dollars

Amortization of acquired intangible assets

195,000 US dollars

Change in fair value of earn-out liability

700,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.