Rambus Inc (RMBS)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	333,904	291,308	189,049	55,189	-14,310	-24,154	-21,417	-45,271	18,334	174	-16,239	-36,545	-40,471	-35,292	-39,886	-67,726	-87,763	-82,905	-170,467	-148,844
Revenue (ttm)	US$ in thousands	461,117	461,259	468,205	469,505	454,793	424,207	393,245	356,972	328,304	298,436	274,069	250,927	246,322	246,144	248,416	244,996	227,603	234,431	231,022	224,549
Net profit margin		72.41%	63.15%	40.38%	11.75%	-3.15%	-5.69%	-5.45%	-12.68%	5.58%	0.06%	-5.93%	-14.56%	-16.43%	-14.34%	-16.06%	-27.64%	-38.56%	-35.36%	-73.79%	-66.29%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $333,904K ÷ $461,117K
= 72.41%

The net profit margin of Rambus Inc. has shown significant variability over the past eight quarters. The trend indicates that there has been an improvement in profitability over time, with the net profit margin fluctuating from negative values in Q1 2022 and Q2 2022 to positive figures in subsequent quarters.

In particular, there was a sharp increase in net profit margin from Q1 2023 to Q4 2023, reaching 72.41%, which signifies a substantial improvement in the company's ability to generate profits relative to its revenue.

Overall, the increasing trend in net profit margin suggests that Rambus Inc. has been able to effectively control its costs and improve operational efficiency, leading to a stronger bottom line performance in recent quarters. However, it is important to continue monitoring this metric to ensure sustained and consistent profitability in the future.