Navan vs Liveramp Holdings
Liveramp Holdings is the larger business, with $813m of revenue in fiscal 2026 against $702m for Navan (1.2 times as much). Navan grew faster (30.8% against 9.0%). Liveramp Holdings kept more of each dollar of sales as profit: a net margin of 18.0% against -56.7%. Liveramp Holdings carries less debt relative to equity (0.0% against 10.3%).
| Latest fiscal year | NavanNAVN, 2026 | Liveramp HoldingsRAMP, 2026 |
|---|---|---|
| Revenue | $702m | $813m |
| Revenue growth | 30.8% | 9.0% |
| Net income | −$398m | $146m |
| Operating margin | -28.0% | 10.3% |
| Net margin | -56.7% | 18.0% |
| Return on equity | — | 15.2% |
| Free cash flow | $32.8m | $166m |
| Cash | $584m | $380m |
| Total debt | $125m | $0 |
| Debt to equity | 10.3% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $195m |
| Employees | 3,700 | 1,300 |
| Market value | $6.32bn | $2.38bn |
| Price vs our value range | — | Above our value range |
| Moat score | — | 22 (Weak) |
| Insider trades, 12 months | 50 buys, 45 sales | 0 buys, 1 sales |