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RAMP

LiveRamp Holdings, Inc.

RAMP

LiveRamp Holdings, Inc. • NYSE
$28.85 ▼ -0.17% (-0.05)
Market Cap $1.89 B
52w High $36.08
52w Low $22.82
Dividend Yield 0%
P/E 49.74
Volume 228.48K
Outstanding Shares 65.53M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $199.829M ▲ $118.807M ▼ $27.42M ▲ 13.722% ▲ $0.42 ▲ $28.334M ▲
Q1-2026 $194.822M ▲ $129.282M ▼ $7.747M ▲ 3.976% ▲ $0.12 ▲ $11.033M ▲
Q4-2025 $188.724M ▼ $142.303M ▲ $-6.267M ▼ -3.321% ▼ $-0.095 ▼ $9.148M ▼
Q3-2025 $195.412M ▲ $125.741M ▼ $11.21M ▲ 5.737% ▲ $0.17 ▲ $19.222M ▲
Q2-2025 $185.483M $126.762M $1.732M 0.934% $0.026 $12.334M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $376.946M ▲ $1.24B ▲ $296.611M ▲ $943.807M ▼
Q1-2026 $371.112M ▼ $1.232B ▼ $284.283M ▼ $947.812M ▼
Q4-2025 $420.831M ▲ $1.259B ▲ $310.512M ▲ $948.859M ▼
Q3-2025 $384.272M ▲ $1.253B ▲ $295.506M ▲ $957.707M ▲
Q2-2025 $348.44M $1.195B $262.831M $932.057M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $27.42M ▲ $57.408M ▲ $-1.1M ▼ $-50.349M ▼ $5.834M ▲ $56.819M ▲
Q1-2026 $7.747M ▲ $-15.821M ▼ $-917K ▼ $-34.797M ▼ $-50.314M ▼ $-16.157M ▼
Q4-2025 $-6.267M ▼ $61.782M ▲ $470K ▲ $-26.271M ▼ $36.561M ▲ $61.489M ▲
Q3-2025 $9.522M ▲ $47.603M ▼ $-1.239M ▼ $-9.359M ▲ $35.788M ▲ $47.321M ▼
Q2-2025 $1.732M $55.596M $22.754M $-50.601M $28.563M $55.355M

Revenue by Products

Product Q3-2025Q4-2025Q1-2026Q2-2026
Marketplace And Other
Marketplace And Other
 $130.00M ▲$0 ▼$50.00M ▲$100.00M ▲
Subscription
Subscription
 $420.00M ▲$0 ▼$150.00M ▲$300.00M ▲
MarketplaceAndOtherMember
MarketplaceAndOtherMember
 $0 ▲$40.00M ▲$0 ▼$0 ▲
SubscriptionMember
SubscriptionMember
 $0 ▲$150.00M ▲$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement LiveRamp’s revenue has risen steadily over the past several years, showing consistent business growth and strong demand for its data connectivity services. Gross profitability looks solid, indicating that the core service is high-value once customers are on the platform. The company has moved from meaningful operating losses to roughly break-even, with operating and net results hovering near the line between small profits and small losses. Overall, the trend is toward healthier profitability, but earnings are still not firmly and consistently strong, so execution and cost discipline remain important watch points.

Balance Sheet

Balance Sheet The balance sheet appears conservative and resilient. The company holds a sizable cash position relative to its modest debt, suggesting good financial flexibility and low financial risk. Total assets and shareholder equity have been broadly stable, which implies no aggressive leverage or balance-sheet stretching to fund growth. This gives LiveRamp room to keep investing through industry cycles and regulatory changes without relying heavily on borrowing.

Cash Flow

Cash Flow Cash generation has improved meaningfully over time. Operating cash flow has shifted from slightly negative to clearly positive, and free cash flow has followed the same pattern, helped by an asset-light model with limited capital spending needs. This indicates that, even while accounting profits have been choppy, the underlying business is now funding itself and producing excess cash. Sustaining and growing this cash flow will be key to supporting ongoing innovation and potential strategic moves.

Competitive Edge

Competitive Edge LiveRamp occupies a specialized niche at the center of data connectivity, identity resolution, and privacy-safe data collaboration. Its large partner network, neutrality (it does not own media), and deep integrations with customers create switching costs and network effects that many smaller rivals lack. At the same time, it competes in a tough landscape that includes powerful “walled gardens” and other identity providers, all operating under tightening privacy rules and shifting ad-tech standards. Its position is strong but not unchallenged, and continued proof of value and interoperability will be critical.

Innovation and R&D

Innovation and R&D Innovation is a clear focus, with LiveRamp pushing hard into identity resolution, data clean rooms, and AI-enhanced tools. The RampID ecosystem, the Habu acquisition, and clean room capabilities aim to make it the neutral “plumbing” of data collaboration as cookies fade. The company is layering in AI-based optimization, easier segment creation, and mid-market-friendly pricing to widen its reach, particularly in areas like retail media and connected TV. The opportunity is significant, but success depends on smooth integration of acquisitions, effective AI deployment, and careful navigation of evolving privacy and cloud environments.

Summary

Overall, LiveRamp shows a pattern of steady revenue growth, improving profitability, and strengthening cash generation, supported by a solid, low-debt balance sheet. Strategically, it sits in a favorable spot as a neutral connector in a world moving toward privacy-first, interoperable data and cookieless advertising. Its competitive advantages stem from network effects, trusted neutrality, and deeply embedded workflows, but it still faces intense competition and regulatory complexity. Future performance will hinge on how well it scales its data collaboration network, executes its AI and clean room strategy, and proves that its new pricing and mid-market push can deliver durable, profitable growth.

NEWS

November 5, 2025 · 4:05 PM UTC

LiveRamp Announces Results for Second Quarter FY26

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November 4, 2025 · 4:05 PM UTC

LiveRamp to Present at the Wells Fargo 9th Annual TMT Summit

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October 23, 2025 · 8:30 AM UTC

LiveRamp Expands Meta Insights Available to Retail Media Networks

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October 22, 2025 · 4:05 PM UTC

LiveRamp to Discuss Second Quarter FY26 Financial Results

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October 1, 2025 · 8:00 AM UTC

LiveRamp Debuts New AI Capabilities Including Agentic Tools, Segmentation, and Search

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