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Side-by-side financial comparison of Hippo Holdings Inc. (HIPO) and RAMBUS INC (RMBS). Click either name above to swap in a different company.

RAMBUS INC is the larger business by last-quarter revenue ($180.2M vs $120.4M, roughly 1.5× Hippo Holdings Inc.). RAMBUS INC runs the higher net margin — 33.2% vs 5.0%, a 28.3% gap on every dollar of revenue. On growth, Hippo Holdings Inc. posted the faster year-over-year revenue change (18.2% vs 8.1%). Over the past eight quarters, Hippo Holdings Inc.'s revenue compounded faster (18.9% CAGR vs 16.8%).

Hippo Valley Estate is a sugar estate found near the town of Chiredzi in Chiredzi District of southeastern Zimbabwe, on the Runde River near the border with Mozambique.

Rambus Inc. is an American technology company that designs, develops and licenses chip interface technologies and architectures that are used in digital electronics products. The company, founded in 1990, is well known for inventing RDRAM and for its intellectual property-based litigation following the introduction of DDR-SDRAM memory.

HIPO vs RMBS — Head-to-Head

Bigger by revenue
RMBS
RMBS
1.5× larger
RMBS
$180.2M
$120.4M
HIPO
Growing faster (revenue YoY)
HIPO
HIPO
+10.1% gap
HIPO
18.2%
8.1%
RMBS
Higher net margin
RMBS
RMBS
28.3% more per $
RMBS
33.2%
5.0%
HIPO
Faster 2-yr revenue CAGR
HIPO
HIPO
Annualised
HIPO
18.9%
16.8%
RMBS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HIPO
HIPO
RMBS
RMBS
Revenue
$120.4M
$180.2M
Net Profit
$6.0M
$59.9M
Gross Margin
79.7%
Operating Margin
5.6%
34.3%
Net Margin
5.0%
33.2%
Revenue YoY
18.2%
8.1%
Net Profit YoY
-86.4%
-7.3%
EPS (diluted)
$0.31
$0.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HIPO
HIPO
RMBS
RMBS
Q1 26
$180.2M
Q4 25
$120.4M
$190.2M
Q3 25
$120.6M
$178.5M
Q2 25
$117.3M
$172.2M
Q1 25
$110.3M
$166.7M
Q4 24
$101.9M
$161.1M
Q3 24
$95.5M
$145.5M
Q2 24
$89.6M
$132.1M
Net Profit
HIPO
HIPO
RMBS
RMBS
Q1 26
$59.9M
Q4 25
$6.0M
$63.8M
Q3 25
$98.1M
$48.4M
Q2 25
$1.3M
$57.9M
Q1 25
$-47.7M
$60.3M
Q4 24
$44.2M
$62.2M
Q3 24
$-8.5M
$48.7M
Q2 24
$-40.5M
$36.1M
Gross Margin
HIPO
HIPO
RMBS
RMBS
Q1 26
79.7%
Q4 25
78.9%
Q3 25
79.5%
Q2 25
79.8%
Q1 25
80.3%
Q4 24
80.4%
Q3 24
80.7%
Q2 24
79.7%
Operating Margin
HIPO
HIPO
RMBS
RMBS
Q1 26
34.3%
Q4 25
5.6%
37.2%
Q3 25
81.3%
35.4%
Q2 25
3.4%
36.6%
Q1 25
-41.3%
37.9%
Q4 24
46.3%
35.9%
Q3 24
-5.4%
37.6%
Q2 24
-40.7%
30.5%
Net Margin
HIPO
HIPO
RMBS
RMBS
Q1 26
33.2%
Q4 25
5.0%
33.6%
Q3 25
81.3%
27.1%
Q2 25
1.1%
33.6%
Q1 25
-43.2%
36.2%
Q4 24
43.4%
38.6%
Q3 24
-8.9%
33.4%
Q2 24
-45.2%
27.3%
EPS (diluted)
HIPO
HIPO
RMBS
RMBS
Q1 26
$0.55
Q4 25
$0.31
$0.58
Q3 25
$3.77
$0.44
Q2 25
$0.05
$0.53
Q1 25
$-1.91
$0.56
Q4 24
$1.81
$0.57
Q3 24
$-0.34
$0.45
Q2 24
$-1.64
$0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HIPO
HIPO
RMBS
RMBS
Cash + ST InvestmentsLiquidity on hand
$218.3M
$134.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$436.1M
Total Assets
$1.9B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIPO
HIPO
RMBS
RMBS
Q1 26
$134.3M
Q4 25
$218.3M
$182.8M
Q3 25
$247.7M
$79.2M
Q2 25
$198.9M
$87.8M
Q1 25
$140.9M
$132.2M
Q4 24
$197.6M
$99.8M
Q3 24
$191.2M
$114.0M
Q2 24
$175.9M
$124.6M
Stockholders' Equity
HIPO
HIPO
RMBS
RMBS
Q1 26
Q4 25
$436.1M
$1.4B
Q3 25
$421.5M
$1.3B
Q2 25
$332.5M
$1.2B
Q1 25
$322.8M
$1.2B
Q4 24
$362.1M
$1.1B
Q3 24
$326.4M
$1.0B
Q2 24
$322.6M
$1.0B
Total Assets
HIPO
HIPO
RMBS
RMBS
Q1 26
$1.5B
Q4 25
$1.9B
$1.5B
Q3 25
$1.9B
$1.4B
Q2 25
$1.7B
$1.5B
Q1 25
$1.5B
$1.4B
Q4 24
$1.5B
$1.3B
Q3 24
$1.5B
$1.3B
Q2 24
$1.5B
$1.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HIPO
HIPO
RMBS
RMBS
Operating Cash FlowLast quarter
$9.2M
Free Cash FlowOCF − Capex
$9.1M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.53×
TTM Free Cash FlowTrailing 4 quarters
$14.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIPO
HIPO
RMBS
RMBS
Q1 26
Q4 25
$9.2M
$99.8M
Q3 25
$16.9M
$88.4M
Q2 25
$24.7M
$94.4M
Q1 25
$-35.6M
$77.4M
Q4 24
$47.5M
$59.0M
Q3 24
$46.8M
$62.1M
Q2 24
$-10.6M
$70.4M
Free Cash Flow
HIPO
HIPO
RMBS
RMBS
Q1 26
Q4 25
$9.1M
$93.3M
Q3 25
$16.8M
$82.5M
Q2 25
$24.6M
$87.9M
Q1 25
$-35.7M
$69.5M
Q4 24
$47.2M
$52.5M
Q3 24
$52.2M
Q2 24
$-10.7M
$59.1M
FCF Margin
HIPO
HIPO
RMBS
RMBS
Q1 26
Q4 25
7.6%
49.0%
Q3 25
13.9%
46.2%
Q2 25
21.0%
51.0%
Q1 25
-32.4%
41.7%
Q4 24
46.3%
32.6%
Q3 24
35.9%
Q2 24
-11.9%
44.7%
Capex Intensity
HIPO
HIPO
RMBS
RMBS
Q1 26
Q4 25
0.1%
3.4%
Q3 25
0.1%
3.3%
Q2 25
0.1%
3.8%
Q1 25
0.1%
4.7%
Q4 24
0.3%
4.0%
Q3 24
0.0%
6.8%
Q2 24
0.1%
8.6%
Cash Conversion
HIPO
HIPO
RMBS
RMBS
Q1 26
Q4 25
1.53×
1.56×
Q3 25
0.17×
1.83×
Q2 25
19.00×
1.63×
Q1 25
1.28×
Q4 24
1.07×
0.95×
Q3 24
1.28×
Q2 24
1.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HIPO
HIPO

Segment breakdown not available.

RMBS
RMBS

Product revenue$88.0M49%
Royalties$69.6M39%
Contract and other revenue$22.6M13%

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