LiveRamp Holdings, Inc. (RAMP) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$0.6	$0.65	+8.3%	—	$214M	—
Q4 26	$0.5	$0.52	+4.0%	—	$206.1M	—
Q3 26	$0.67	$0.76	+13.4%	—	$212.2M	—
Q2 26	$0.48	$0.55	+14.6%	—	$199.8M	—
Q1 26	$0.42	$0.44	+4.8%	—	$194.8M	—
Q4 25	$0.28	$0.3	+7.1%	—	$188.7M	—
Q3 25	$0.46	$0.55	+19.6%	—	$195.4M	—
Q2 25	$0.36	$0.51	+41.7%	—	$185.5M	—
Q1 25	$0.31	$0.35	+12.9%	—	$176M	—
Q4 24	$0.21	$0.25	+19.0%	—	$171.9M	—
Q3 24	$0.4	$0.47	+17.5%	—	$173.9M	—
Q2 24	$0.24	$0.43	+79.2%	—	$159.9M	—
Q1 24	$0.19	$0.29	+52.6%	—	$154.1M	—
Q4 23	$0.18	$0.32	+77.8%	—	$148.6M	—
Q3 23	$0.27	$0.28	+3.7%	—	$158.6M	—
Q2 23	$0.09	$0.22	+144.4%	—	$147.1M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$2.28	—	—	$812.9M	—
FY25	—	-$0.01	—	—	$745.6M	—
FY24	—	$0.18	—	—	$659.7M	—
FY23	—	-$1.79	—	—	$596.6M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$174.8M	$220.1M	$285.6M	$380.6M	$443M	$528.7M	$596.6M	$659.7M	$745.6M	$812.9M
YoY change	-79.4%	+25.9%	+29.8%	+33.2%	+16.4%	+19.3%	+12.8%	+10.6%	+13%	+9.03%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	174.8M	220.1M	285.6M	380.6M	443M	528.7M	596.6M	659.7M	745.6M	812.9M
Cost of revenue	100M	96.4M	120.7M	152.7M	144M	147.4M	170.1M	179.5M	215.9M	238.1M
Gross profit	74.8M	123.7M	164.9M	227.9M	299M	381.2M	426.5M	480.2M	529.7M	574.8M
Gross margin	42.8%	56.2%	57.7%	59.9%	67.5%	72.1%	71.5%	72.8%	71%	70.7%
Research & development	49.4M	60.7M	85.7M	106M	135.1M	157.9M	189.2M	151.2M	176.7M	148.1M
Selling, general & administrative	152.2M	193.8M	257.4M	297.8M	281.7M	287.4M	327.8M	305.9M	339.6M	338.2M
Operating expenses	201M	254.5M	343.1M	404.5M	416.9M	445.3M	517M	457.1M	516.3M	486.4M
Operating income	-126.7M	-130.8M	-178.2M	-175.9M	-117.8M	-64.1M	-90.5M	23.1M	13.4M	88.5M
Operating margin	-72.5%	-59.4%	-62.4%	-46.2%	-26.6%	-12.1%	-15.2%	3.5%	1.8%	10.9%
Non-operating income, net	-4M	-2.2M	-1.1M	10.4M	-3M	29M	-28.4M	11.2M	-7.9M	-5.2M
Pretax income	-130.8M	-133M	-179.4M	-165.5M	-120.8M	-35.1M	-118.9M	34.4M	22.8M	98.1M
Income tax	-45.2M	-65.7M	-45.4M	-40.3M	-30.5M	-1.2M	5.3M	24.3M	25.3M	-46.7M
Net income	4.1M	23.5M	1B	-124.5M	-90.3M	-33.8M	-118.7M	11.9M	-814K	146M
Net margin	2.35%	10.7%	360.1%	-32.7%	-20.4%	-6.4%	-19.9%	1.8%	-0.11%	18%
EBITDA	-89.6M	-90.4M	-124.5M	-135.7M	-88.4M	-38.3M	-34.4M	46.3M	48.2M	116.5M
EPS	0.05	0.3	13.7	-1.84	-1.36	-0.5	-1.79	0.18	-0.01	2.28
Diluted EPS	0.05	0.29	13.7	-1.84	-1.36	-0.5	-1.79	0.17	-0.01	2.24

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	159.9M	173.9M	171.9M	176M	185.5M	195.4M	188.7M	194.8M	199.8M	212.2M	206.1M	214M
Cost of revenue	41.2M	44.9M	47.7M	51.7M	51.2M	55M	57.9M	58.3M	59.6M	59.7M	60.5M	63M
Gross profit	118.7M	128.9M	124.1M	124.2M	134.2M	140.4M	130.8M	136.5M	140.2M	152.5M	145.5M	150.9M
Gross margin	74.2%	74.2%	72.2%	70.6%	72.4%	71.9%	69.3%	70.1%	70.2%	71.9%	70.6%	70.5%
Research & development	33.7M	37.8M	45.2M	44.1M	43.9M	42.7M	45.9M	39.6M	37M	33.8M	37.8M	37.1M
Selling, general & administrative	70.1M	73.4M	90.7M	85.1M	82.5M	82.9M	89.1M	89.3M	81.9M	77.9M	89.2M	87.1M
Operating expenses	103.9M	111.2M	135.9M	129.3M	126.4M	125.6M	135.1M	128.9M	118.8M	111.8M	126.9M	124.2M
Operating income	14.8M	17.7M	-11.8M	-5M	7.9M	14.8M	-4.3M	7.6M	21.4M	40.8M	18.6M	26.7M
Operating margin	9.25%	10.2%	-6.84%	-2.87%	4.25%	7.58%	-2.26%	3.92%	10.7%	19.2%	9.03%	12.5%
Non-operating income, net	-143K	4.1M	2.6M	4.2M	3.8M	3.9M	-19.8M	3.3M	-240K	-1.4M	-2.8M	-6.6M
Pretax income	14.6M	21.8M	-9.2M	-804K	11.7M	18.7M	-6.7M	10.9M	25M	42.9M	19.3M	23.3M
Income tax	10.2M	8.4M	-3M	6.7M	10M	9.2M	-479K	3.2M	-2.4M	3M	-50.5M	5.7M
Net income	4.9M	14M	-5.4M	-7.5M	1.7M	11.2M	-6.3M	7.7M	27.4M	39.9M	70.9M	17.5M
Net margin	3.04%	8.04%	-3.13%	-4.26%	0.93%	5.74%	-3.32%	3.98%	13.7%	18.8%	34.4%	8.19%
EBITDA	23.2M	20.8M	-4.2M	-310K	12.7M	19.4M	16.4M	11.5M	28.3M	47.5M	25.9M	33.1M
EPS	0.07	0.21	—	-0.11	0.03	0.17	-0.1	0.12	0.42	0.63	1.14	0.29
Diluted EPS	0.07	0.21	—	-0.11	0.03	0.17	-0.1	0.12	0.42	0.62	1.12	0.28

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	2.2B	1.8B	4.1B	2.2B	3.4B	2.6B	1.5B	2.3B	1.7B	1.7B	2.3B
Enterprise value	2.3B	1.9B	3B	1.5B	2.9B	2B	1B	2B	1.3B	1.3B	1.9B
Shares outstanding	77.6M	78.9M	75M	67.8M	66.3M	68.2M	66.4M	66.3M	66.1M	64.1M	64.1M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	537.9	76.3	3.98	—	—	—	—	192.4	—	11.6	15.8
P/S	12.6	8.14	14.3	5.86	7.76	4.82	2.44	3.47	2.32	2.09	2.75
P/B	2.99	2.39	3.08	2.05	3.18	2.4	1.57	2.41	1.82	1.75	2.34
EV/EBITDA	-25.3	-20.8	-24.4	-11.3	-32.5	-52.3	-29.2	42.3	27.9	11.5	16.1
EV/Sales	13	8.55	10.6	4.03	6.49	3.79	1.68	2.97	1.8	1.65	2.33
Earnings yield	0.19%	1.31%	25.1%	—	—	—	—	0.52%	—	8.59%	6.35%
FCF yield	3.92%	5.52%	-11.5%	-1.82%	-0.66%	2.88%	2.42%	4.51%	8.94%	9.86%	7.41%
PEG	—	—	—	—	—	—	—	—	—	—	0.11

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	42.8%	56.2%	57.7%	59.9%	67.5%	72.1%	71.5%	72.8%	71%	70.7%	70.5%
Operating margin	-72.5%	-59.4%	-62.4%	-46.2%	-26.6%	-12.1%	-15.2%	3.5%	1.8%	10.9%	12.5%
Net margin	2.35%	10.7%	360.1%	-32.7%	-20.4%	-6.4%	-19.9%	1.8%	-0.11%	18%	18.7%
ROE	0.56%	3.13%	77.3%	-11.4%	-8.35%	-3.18%	-12.8%	1.25%	-0.09%	15%	16.1%
ROA	0.33%	1.94%	69.8%	-9.56%	-7.01%	-2.54%	-10.1%	0.96%	-0.06%	11.3%	5.35%
ROIC	-15.9%	-15.6%	-66.2%	-45%	-22.9%	-12.4%	-19%	1.09%	0%	14.4%	16.8%
Return on tangible assets	-2.74%	3.32%	102.7%	-20.2%	-18.3%	-6.12%	-27.8%	7.48%	-0.38%	53.7%	59.5%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.6	2.02	12.5	5.55	5	4.42	4.09	2.78	2.65	2.47	2.66
Quick ratio	1.6	2.02	12.5	5.55	5	4.42	4.09	2.78	2.65	2.47	2.66
Debt / equity	0.31	0.31	—	0.02	0.01	0.06	0.05	0.04	0.04	0.03	0.03
Debt / assets	0.19	0.19	—	0.02	0.01	0.05	0.04	0.03	0.03	0.02	0.03
Net debt / EBITDA	-0.66	-0.99	—	5.13	6.41	14.3	13.1	-7.05	-7.98	-3.07	-2.51
Interest coverage	-17.2	-12.9	—	—	—	—	—	—	136.1	3.1K	11K
Effective tax rate	0%	0%	0%	0%	0%	0%	0%	70.6%	100%	0%	0%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	2.25	2.79	3.81	5.62	6.68	7.75	8.99	9.95	11.3	12.7	13.2
EPS (basic)	0.05	0.3	13.7	-1.84	-1.36	-0.5	-1.79	0.18	-0.01	2.28	2.28
EPS (diluted)	0.05	0.29	13.7	-1.84	-1.36	-0.5	-1.79	0.17	-0.01	2.24	2.39
Book value per share	9.52	9.5	17.7	16	16.3	15.6	14	14.3	14.3	15.2	16.1
FCF per share	1.12	1.25	-6.25	-0.6	-0.34	1.08	0.53	1.56	2.34	2.61	3.23
Cash per share	2.19	1.77	14.1	10.6	8.75	8.91	7.49	5.57	6.36	6.04	6.1
Capex per share	—	—	—	—	—	—	—	—	—	0.02	0.03

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	0.17%	0.21%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	0.81%	0.86%
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%
Dividend yield	—	—	—	—	—	—	—	—	—	—	0.64%

Yield

0.64%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.06

ex-dividend Aug 19, 2008

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 19, 2008	$0.06
May 30, 2008	$0.06
Feb 21, 2008	$0.06
Nov 1, 2007	$0.06
Feb 8, 2007	$0.06
Nov 9, 2006	$0.06
Aug 10, 2006	$0.05
Jun 8, 2006	$0.05

Split history

Date	Ratio

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$159.9M	$173.9M	$171.9M	$176M	$185.5M	$195.4M	$188.7M	$194.8M	$199.8M	$212.2M	$206.1M	$214M
YoY change	+8.68%	+9.62%	+15.6%	+14.2%	+16%	+12.4%	+9.82%	+10.7%	+7.73%	+8.59%	+9.2%	+9.84%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	170.3M	140M	1.1B	717.8M	580.3M	607.7M	497.3M	368.9M	420.8M	387M
Receivables	142.8M	52M	78.6M	92.8M	114.3M	148.3M	157.4M	190.3M	186.2M	213M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	368.5M	360.6M	1.2B	896.4M	825.7M	815.8M	714.6M	602M	656.2M	653.1M
Property, plant & equipment	-33.7M	37.7M	26M	37.2M	23.7M	71M	31.7M	32.7M	25.5M	21.3M
Goodwill & intangibles	1.4B	503M	471.5M	686M	794.4M	781.1M	746M	1.1B	1B	1B
Total assets	1.2B	1.2B	1.5B	1.3B	1.3B	1.3B	1.2B	1.2B	1.3B	1.3B
Accounts payable	40.2M	18.8M	31.2M	42.2M	40M	83.2M	86.6M	81.2M	112.3M	129.7M
Short-term debt	39.8M	1.6M	—	9.6M	9.6M	9M	9.9M	10.1M	9.4M	9.7M
Total current liabilities	230.2M	178.6M	95.1M	161.4M	165.2M	184.6M	174.8M	216.6M	247.5M	264.8M
Long-term debt	189.2M	227.8M	—	11.4M	4.2M	52.2M	37.2M	32.1M	26.9M	19.9M
Total liabilities	495.6M	460.4M	142.1M	214.4M	207.6M	270.7M	246.6M	282.3M	310.5M	322.2M
Shareholders' equity	739M	749.1M	1.3B	1.1B	1.1B	1.1B	926.1M	949.1M	948.9M	972M
Total debt	229.1M	229.4M	—	21.1M	13.8M	61.2M	47.2M	42.2M	36.3M	29.6M
Net debt	58.7M	89.4M	—	-696.7M	-559M	-538.9M	-417.3M	-294.6M	-377M	-350M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	524.1M	531.2M	368.9M	342.7M	348.4M	384.3M	420.8M	371.1M	376.9M	403.4M	387M	371M
Receivables	174.7M	199.4M	190.3M	206.3M	192.1M	210.6M	186.2M	219.8M	216.8M	218.8M	213M	216.7M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	727.8M	769.7M	602M	585M	582.1M	643.8M	656.2M	632.4M	646.7M	679.3M	653.1M	635.7M
Property, plant & equipment	32.6M	33.7M	32.7M	31.5M	28.6M	27.9M	25.5M	25M	23.9M	22.4M	21.3M	26M
Goodwill & intangibles	730.8M	728.8M	1.1B	1.1B	1.1B	1B	1B	1B	1B	1B	1B	1B
Total assets	1.2B	1.2B	1.2B	1.2B	1.2B	1.3B	1.3B	1.2B	1.2B	1.3B	1.3B	1.3B
Accounts payable	79.3M	88.8M	81.2M	84.8M	91.5M	105.3M	112.3M	107.8M	115.9M	123.7M	129.7M	128.7M
Short-term debt	9.9M	10.3M	10.1M	10.2M	10.1M	9.4M	9.4M	9.4M	9.5M	9.4M	9.7M	10.8M
Total current liabilities	186.7M	208.8M	216.6M	189.6M	199.5M	231.6M	247.5M	222.4M	237M	250M	264.8M	239.2M
Long-term debt	36.2M	33.8M	32.1M	30.5M	28.9M	28.8M	26.9M	25.7M	23.8M	21.9M	19.9M	22.3M
Total liabilities	258.7M	278.3M	282.3M	254.4M	262.8M	295.5M	310.5M	284.3M	296.6M	306.9M	322.2M	301.4M
Shareholders' equity	921.9M	946.5M	949.1M	951.9M	932.1M	957.7M	948.9M	947.8M	943.8M	962.3M	972M	977.4M
Total debt	46M	44.1M	42.2M	40.6M	39M	38.1M	36.3M	35.1M	33.3M	31.2M	29.6M	33.1M
Net debt	-446.1M	-454.8M	-294.6M	-269.7M	-300M	-338.6M	-377M	-328.5M	-336.1M	-364.7M	-350M	-330.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	-85.6M	23.5M	1B	-124.5M	-90.3M	-33.8M	-124.1M	10.1M	-2.5M	144.8M
Depreciation & amortization	32M	37.6M	33.8M	35.9M	27.7M	24.2M	20.8M	11.5M	17.2M	13.4M
Stock-based compensation	39.4M	52.9M	102.7M	89.4M	111.7M	87.3M	125.8M	71.3M	108M	83M
Change in working capital	-3.6M	-14.3M	-21M	-30.6M	-71.6M	27.8M	-21.4M	5.1M	31.2M	-20M
Operating cash flow	-28.9M	-18.2M	-8.5M	-37.4M	-23.9M	103.9M	28.7M	97.5M	153.5M	168.9M
Capital expenditure	—	—	—	—	—	—	—	—	—	-1.4M
Investing cash flow	-95.9M	-2.4M	-2.5M	-104.5M	-85.7M	-19.1M	-24.3M	-169.4M	22.4M	-4.9M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	-30.5M	-88.9M	-577.8M	-182.2M	-42.3M	-58.6M	-150M	-60.5M	-101.2M	-194.5M
Financing cash flow	20.4M	-101.3M	-861.9M	-206.7M	-52.2M	-73.2M	-152.3M	-66.3M	-111.5M	-207.6M
Net change in cash	-104.5M	-121.8M	-872.9M	-348.6M	-161.8M	11.6M	-147.8M	-138.2M	64.4M	-43.6M
Free cash flow	86.7M	98.9M	-469.1M	-40.5M	-22.7M	73.6M	35.1M	103.2M	154.6M	167.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	4.5M	13.4M	-6.2M	-7.5M	1.7M	9.5M	-6.3M	7.7M	27.4M	39.9M	69.7M	17.5M
Depreciation & amortization	1.9M	1.8M	3.8M	4.6M	4.5M	4.4M	3.8M	3.4M	3.4M	3.3M	3.3M	3.3M
Stock-based compensation	15.7M	17.5M	24.8M	28M	29.1M	26.8M	24.2M	25.4M	20.5M	18.1M	18.9M	20.9M
Change in working capital	8.5M	-17.5M	4.3M	-34.9M	19.6M	4.4M	42.1M	-54M	5.3M	6.1M	22.6M	-25M
Operating cash flow	30.6M	15.1M	26.2M	-9.8M	54.9M	45.1M	63.3M	-15.8M	57.4M	67.3M	60.1M	17M
Capital expenditure	—	—	—	—	—	—	—	-336K	-589K	-162K	-289K	-703K
Investing cash flow	865K	0	491K	-367K	23M	994K	763K	-917K	-1.1M	-2.7M	-177K	-703K
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-15.1M	-10M	-15.2M	-15.8M	-49.9M	-10.1M	-25.4M	-29.9M	-49.9M	-39.2M	-75.6M	-17.6M
Financing cash flow	-15.8M	-10.5M	-15.9M	-22.6M	-49.9M	-10.1M	-26.5M	-40.7M	-49.9M	-39.2M	-76.2M	-34.9M
Net change in cash	15.7M	4.6M	10.8M	-32.8M	28M	36M	37.6M	-57.5M	6.4M	25.4M	-16.3M	-18.6M
Free cash flow	36M	14.9M	26.7M	-9.6M	55.4M	47.3M	61.5M	-16.2M	56.8M	67.1M	59.8M	16.3M

LiveRamp Holdings, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement