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Liveramp Holdings, Inc. (RAMP) stock

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NYSE: RAMP NYSE Application Software Next results ~November 4, 2026

C+ Fundamentals grade

Liveramp Holdings, Inc. is a US-listed company in the application software industry. Its financial year ends in March.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$28

Cash-flow model

Base case. Range ~$22–$35 across our lower- and higher-growth cases (4.9%–14.9% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 28% below it.

Price used: $38.50, October 30, 2026

Liveramp Holdings, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds155 adding, 160 cuttingOf 55 active managers that changed their stake, 25 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Liveramp Holdings files

Where Liveramp stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $832m, up 8.9% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin rose to 23.9% from 19.1% a year earlier. Operating margin widened to 11.6% from 2.3%. The diluted share count is down 3.5% on a year earlier, which lifts each remaining share. It passes 1 of our 1 financial-health checks. Our cash-flow model value is $27.77 a share, against a share price of $38.19.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Liveramp Holdings, Inc.'s trailing-twelve-month revenue grew 8.9% year on year, with a free-cash-flow margin of 23.9%. Where it stands out: change in share count of -3.5% ranks 27 of 163 application software companies we cover. Where it lags: days sales outstanding of 95 days ranks 135 of 162 application software companies we cover.

Our discounted-cash-flow model values the business at ~$28 per share in the base case (~$22–$35 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 35.9% while net income grew 979.7%: a 944pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Margins widening. Operating margin is up 9.2 points on a year ago.
  • Strong cash generation. 23.9% of revenue turned into free cash flow, against a median of 15.2% for application software companies we cover.
  • Shrinking share count. Diluted shares fell 3.5% in a year, so each share owns more of the business.
  • Net cash. Cash exceeds long-term debt by $0.4bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Priced above our value. The share price of $38.50 is 28% above our value per share of $28.
  • Below peers: days sales outstanding. Days sales outstanding of 95 days ranks 135 of 162 application software companies we cover (median 57 days).
  • Heavily shorted. 14.2% of the shares available to trade are sold short (5.3 days of average volume to cover).

Latest results: FY2027 Q1

Filed August 5, 2026
Earnings per share
$0.65 against an average estimate of $0.59: beat by 9.2%
Revenue
$214m, up 9.8% on a year earlier
Share reaction
-0.1% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 4, 2026; average EPS estimate $0.76

Liveramp Holdings' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.7%
  • 1 week+0.7%
  • 1 month+2.6%
  • This year+31.1%
  • 1 year+40.9%
  • 5 years-28.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-10-30. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$832M
Operating margin
11.6%
Net margin
18.7%
EPS (TTM, diluted)
$2.44

Growth

Revenue growth
+8.9%
Change in growth rate
−0.2 pts
Share count change
−3.5%

Cash

Free cash flow (TTM)
$199M
FCF margin
23.9%
Stock pay % of revenue
9.4%

Earnings

Last results
August 5, 2026
Next results (est.)
November 4, 2026

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Leadership
  3. Leadership
  4. Leadership
  5. Announcement
  6. Results
  7. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Liveramp Holdings, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 17.2% a year of cash-flow growth for five years.That is faster than the 9.5% a year revenue growth Liveramp Holdings has delivered.

  • Priced in17.2%
  • Last 12 months8.9%
  • 3 years a year11.0%
  • 5 years a year9.5%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($38.50, Oct 30, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$28
Price used
$38.50close October 30, 2026
Implied change
▼ 28%
Uncertainty
Low

How we got here: a discounted-cash-flow model of Liveramp Holdings, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($51.7M, FY2027 Q1 TTM), growing 9.5% and 9.9% in the next two years (forecasts, guidance and its record), then back to 9.9% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$22–~$35 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Liveramp Holdings, Inc.'s free cash flow after stock-based pay ( $51.7M, FY2027 Q1 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Liveramp Holdings, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.98 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$28 ~$22–$35 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$5.8 ~$42–$98 Left out: out of range vs price (0.15x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$2.8 ~$1.6–$5.0 Left out: out of range vs price (0.07x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity below long-run growth
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$28 ~$22–$35 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Liveramp Holdings, Inc. with Application Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −23%
  • Revenue growth 5 points higher ▲ +30%
  • Free-cash-flow margin 1 point lower ▼ −4%
  • Last year's free-cash-flow margin change, if it persists ▲ +23%
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $18$22$28$36$45$58
8.5% $15$18$22$28$35$44
10% $14$16$19$23$29$35

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$21.44$28.47$22.71$54.57$32.92$51.88$37.39$21.93$34.50$26.14$26.52$38.50
Market value$1.7bn$2.2bn$1.8bn$4.1bn$2.2bn$3.4bn$2.6bn$1.5bn$2.3bn$1.7bn$1.7bn$2.5bn
+ Net debt (− = net cash)$511000$60m$89m−$1.1bn−$718m−$573m−$600m−$464m−$337m−$413m−$380m−$364m
Enterprise value$1.7bn$2.3bn$1.9bn$3.0bn$1.5bn$2.9bn$2.0bn$991m$2.0bn$1.3bn$1.3bn$2.1bn
Multiples
Price / sales 2.0x2.5x2.0x14.3x5.9x7.8x4.8x2.4x3.6x2.3x2.1x3.0x
Price / earnings n/mn/m76.3x4.0x————197.2x—11.8x15.8x
Price / free cash flow 25.1x—————34.7x48.9x23.1x11.3x10.4x12.4x
EV / EBITDA 23.0x———————87.6x58.2x13.9x19.1x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

22 /100

Weak moat

How hard Liveramp Holdings's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 0.0% of total assets over 10 years.

  • Pricing power 12 / 20

    Gross margin has been a median 69.9%, moving by 17.3 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -11.3%; its worst year was -60.4%.

  • Cash conversion 7 / 20

    Free cash flow was positive in 5 of 10 years, at a median 3.3% of revenue.

  • Discipline 8 / 20

    The diluted share count fell 5.2% over five years; stock-based pay has been a median 15.3% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (37 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $219m and EPS of $0.76 (range $0.76 to $0.76) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.88 +27% $886m +9%
Next $3.45 +20% $974m +10%

Next year's EPS estimate has moved +5.5% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.2% on 90 days ago. In the last 30 days, 0 analysts raised Liveramp Holdings, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Liveramp Holdings, Inc., last 90 days
$2.80 $3.00 $3.20 $3.40 $3.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.84 Current fiscal year, 60 days ago: $2.84 Current fiscal year, 30 days ago: $2.95 Current fiscal year, 7 days ago: $2.95 Current fiscal year, Now: $2.88 $2.88 Next fiscal year, 90 days ago: $3.27 Next fiscal year, 60 days ago: $3.27 Next fiscal year, 30 days ago: $3.21 Next fiscal year, 7 days ago: $3.45 Next fiscal year, Now: $3.45 $3.45

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.84$3.27
60 days ago $2.84$3.27
30 days ago $2.95$3.21
7 days ago $2.95$3.45
Now $2.88$3.45

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.59 $0.65 +9.2%
Mar 2026 $0.50 $0.52 +4.7%
Dec 2025 $0.67 $0.76 +12.8%
Sept 2025 $0.48 $0.55 +15.4%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Liveramp Holdings, Inc.'s revenue by +9.5% next year and +9.9% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+9.2%, weight 56%) and the company's own record (+9.9%, weight 44%) . How the weights are set.

Analyst recommendations

6 analysts, Oct 2026
Buy233%
Hold467%
Sell00%

Monthly trend

  1. Oct 2026246
  2. Sep 2026246
  3. Aug 2026246

Counts of recommendations published by analysts covering Liveramp Holdings, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
14.2%
of tradable shares
Days to cover
5.32
at average volume
Short interest, 1 month
−13%
to October 15, 2026
Held by institutions
97%
of shares
Held by insiders
4.4%
of shares
Employees
1,300
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +40.9%

$27.33 on October 30, 2025 to $38.50

ThenNowEffect
Revenue (last 12 months) $764m $832m +8.9%
Net margin 1.9% 18.7% +891.9%
P/E multiple 125.4x 15.8x −87.4%
Share count 66m 64m +3.7%

Biggest factor: net margin.

Last 3 years +39.2%

$27.66 on October 31, 2023 to $38.50

ThenNowEffect
Revenue (last 12 months) $608m $832m +36.8%
P/S multiple 3.0x 3.0x −1.4%
Share count 66m 64m +3.2%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
RAMP−35%−51%+62%−20%−3%+31%
Industry peers (median)−7%−50%+19%+2%−21%−14%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
RAMP42%42%58%33%58%60%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
RAMP−55%−69%−27%−48%−34%−24%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 82% from January 15, 2021 to November 8, 2022. Getting back needed a 450% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$22.42 – $38.50
From 52-week high
0.0%
vs 50-day average
+1.9%
vs 200-day average
+15.9%
Volatility (1 year)
39%
Beta vs S&P 500
0.33

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to October 30, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±10.0%
After a week
6 up, 6 down
typical move ±10.6%
After a month
5 up, 7 down
typical move ±14.1%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −0.1% −0.4% −0.1% −0.3%
May 18, 2026 +27.0% −0.7% +27.0% +26.8%
February 5, 2026 +1.8% +0.6% +1.8% +30.1%
November 5, 2025 +8.2% −0.7% +12.7% +9.0%
August 6, 2025 −13.3% +0.7% −18.3% −11.5%
May 21, 2025 +16.1% −1.6% +13.1% +8.7%
February 5, 2025 +3.7% +0.8% −1.2% −21.7%
November 6, 2024 +13.0% +3.3% +14.2% +25.9%
August 7, 2024 −18.7% +1.6% −17.3% −7.2%
May 22, 2024 +4.8% −1.0% −5.6% −8.9%
February 8, 2024 −5.2% +0.6% −9.7% −16.5%
January 17, 2024 +8.3% +0.3% +6.6% −2.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Liveramp Holdings, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed. Check the live chain at your broker before trading.

Option prices are read during US trading hours (9:30 to 16:00 New York time). Outside them the chain shows no bids or offers, so this screen fills in after the next session opens.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Liveramp Holdings, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Liveramp Holdings, Inc.
$600M $700M $800M $900M FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Revenue (TTM), FY24 Q2: $621.2M Revenue (TTM), FY24 Q3: $636.4M Revenue (TTM), FY24 Q4: $659.7M Revenue (TTM), FY25 Q1: $681.6M Revenue (TTM), FY25 Q2: $707.2M Revenue (TTM), FY25 Q3: $728.7M Revenue (TTM), FY25 Q4: $745.6M Revenue (TTM), FY26 Q1: $764.4M Revenue (TTM), FY26 Q2: $778.8M Revenue (TTM), FY26 Q3: $795.6M Revenue (TTM), FY26 Q4: $812.9M Revenue (TTM), FY27 Q1: $832.1M $832.1M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY24 Q2 $621.2M
FY24 Q3 $636.4M
FY24 Q4 $659.7M
FY25 Q1 $681.6M
FY25 Q2 $707.2M
FY25 Q3 $728.7M
FY25 Q4 $745.6M
FY26 Q1 $764.4M
FY26 Q2 $778.8M
FY26 Q3 $795.6M
FY26 Q4 $812.9M
FY27 Q1 $832.1M
Revenue growth, TTM YoY Liveramp Holdings, Inc.
6% 8% 10% 12% 14% 16% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Revenue growth, TTM YoY, FY24 Q2: 8.7% Revenue growth, TTM YoY, FY24 Q3: 7.9% Revenue growth, TTM YoY, FY24 Q4: 10.6% Revenue growth, TTM YoY, FY25 Q1: 12.0% Revenue growth, TTM YoY, FY25 Q2: 13.8% Revenue growth, TTM YoY, FY25 Q3: 14.5% Revenue growth, TTM YoY, FY25 Q4: 13.0% Revenue growth, TTM YoY, FY26 Q1: 12.2% Revenue growth, TTM YoY, FY26 Q2: 10.1% Revenue growth, TTM YoY, FY26 Q3: 9.2% Revenue growth, TTM YoY, FY26 Q4: 9.0% Revenue growth, TTM YoY, FY27 Q1: 8.9% 8.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q2 8.7%
FY24 Q3 7.9%
FY24 Q4 10.6%
FY25 Q1 12.0%
FY25 Q2 13.8%
FY25 Q3 14.5%
FY25 Q4 13.0%
FY26 Q1 12.2%
FY26 Q2 10.1%
FY26 Q3 9.2%
FY26 Q4 9.0%
FY27 Q1 8.9%
Operating margin (TTM) Liveramp Holdings, Inc.
-10% 0% 10% 20% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Operating margin (TTM), FY24 Q2: -9.8% Operating margin (TTM), FY24 Q3: -3.4% Operating margin (TTM), FY24 Q4: 1.7% Operating margin (TTM), FY25 Q1: 0.6% Operating margin (TTM), FY25 Q2: 0.4% Operating margin (TTM), FY25 Q3: 0.4% Operating margin (TTM), FY25 Q4: 0.7% Operating margin (TTM), FY26 Q1: 2.3% Operating margin (TTM), FY26 Q2: 4.1% Operating margin (TTM), FY26 Q3: 7.1% Operating margin (TTM), FY26 Q4: 10.3% Operating margin (TTM), FY27 Q1: 11.6% 11.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q2 -9.8%
FY24 Q3 -3.4%
FY24 Q4 1.7%
FY25 Q1 0.6%
FY25 Q2 0.4%
FY25 Q3 0.4%
FY25 Q4 0.7%
FY26 Q1 2.3%
FY26 Q2 4.1%
FY26 Q3 7.1%
FY26 Q4 10.3%
FY27 Q1 11.6%
FCF margin (TTM) Liveramp Holdings, Inc.
5% 10% 15% 20% 25% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 FCF margin (TTM), FY24 Q2: 17.3% FCF margin (TTM), FY24 Q3: 16.7% FCF margin (TTM), FY24 Q4: 15.4% FCF margin (TTM), FY25 Q1: 9.7% FCF margin (TTM), FY25 Q2: 12.2% FCF margin (TTM), FY25 Q3: 16.0% FCF margin (TTM), FY25 Q4: 20.5% FCF margin (TTM), FY26 Q1: 19.1% FCF margin (TTM), FY26 Q2: 19.0% FCF margin (TTM), FY26 Q3: 21.4% FCF margin (TTM), FY26 Q4: 20.5% FCF margin (TTM), FY27 Q1: 23.9% 23.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q2 17.3%
FY24 Q3 16.7%
FY24 Q4 15.4%
FY25 Q1 9.7%
FY25 Q2 12.2%
FY25 Q3 16.0%
FY25 Q4 20.5%
FY26 Q1 19.1%
FY26 Q2 19.0%
FY26 Q3 21.4%
FY26 Q4 20.5%
FY27 Q1 23.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Liveramp Holdings took in during FY2026, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $813M
  2. Other income $62.5M · 7.7%
  3. Cost of revenue $238M · 29.3%
  4. Gross profit $575M · 70.7%
  5. Research and development $148M · 18.2%
  6. Selling, general and admin $338M · 41.6%
  7. Other operating costs $5M · 0.6%
  8. Operating income $83.5M · 10.3%
  9. Net income $146M · 18.0%

Shares of revenue. Source: Liveramp Holdings's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Mar 2010 2011 Mar 2011 2012 Mar 2012 2013 Mar 2013 2014 Mar 2014 2015 Mar 2015 2016 Mar 2016 2017 Mar 2017 2018 Mar 2018 2019 Mar 2019 2020 Mar 2020 2021 Mar 2021 2022 Mar 2022 2023 Mar 2023 2024 Mar 2024 2025 Mar 2025 2026 Mar 2026 LTM Jun 2026
Income
Revenue 1,064 1,114 1,131 1,068 805 805 850 880 917 286 381 443 529 597 660 746 813 832
Gross profit 255 265 273 257 300 311 362 75 124 165 228 299 381 426 480 530 575 589
EBITDA 158 172 220 217 58 48 72 −99 −96 −164 −145 −93 −41 −105 23 23 97 110
Operating income 98 25 86 101 2 −33 −13 −131 −134 −198 −181 −121 −66 −126 11 5 83 96
Net income 45 −23 77 58 9 −11 7 4 23 1,029 −125 −90 −34 −119 12 −1 146 156
Diluted EPS $0.56 −$0.29 $0.96 $0.75 $0.12 −$0.14 $0.09 $0.05 $0.30 $13.71 −$1.84 −$1.36 −$0.50 −$1.79 $0.17 −$0.01 $2.24 $2.44
Growth (year on year)
Revenue −16.7% +4.7% +1.5% −5.5% −24.6% −0.0% +5.6% +3.5% +4.2% −68.9% +33.2% +16.4% +19.3% +12.8% +10.6% +13.0% +9.0% +8.9%
EBITDA — +8.4% +28.4% −1.6% −73.0% −18.3% +51.6% −237.4% — — — — — — — −1.3% +328.4% +223.6%
Operating income +5.0% −74.2% +239.8% +18.1% −98.5% — — — — — — — — — — — — +439.4%
Net income +18.8% −152.0% — −25.4% −84.6% — — — — +>999% −112.1% — — — — — — —
Diluted EPS +16.7% −151.8% — −21.9% −84.0% — — — — +>999% −113.4% — — — — — — —
Margins
Gross margin 24.0% 23.8% 24.2% 24.0% 37.2% 38.6% 42.5% 8.5% 13.5% 57.7% 59.9% 67.5% 72.1% 71.5% 72.8% 71.0% 70.7% 70.8%
EBITDA margin 14.9% 15.4% 19.5% 20.3% 7.3% 5.9% 8.5% −11.3% −10.5% −57.5% −38.1% −20.9% −7.8% −17.6% 3.5% 3.0% 11.9% 13.2%
Operating margin 9.2% 2.3% 7.6% 9.5% 0.2% −4.1% −1.5% −14.9% −14.6% −69.4% −47.5% −27.2% −12.4% −21.1% 1.7% 0.7% 10.3% 11.6%
Net margin 4.2% −2.1% 6.8% 5.4% 1.1% −1.4% 0.8% 0.5% 2.6% 360.1% −32.7% −20.4% −6.4% −19.9% 1.8% −0.1% 18.0% 18.7%
Free-cash-flow margin 17.1% 9.6% 15.7% 10.5% 8.7% 0.5% 7.8% −5.6% −2.6% −3.3% −10.6% −5.1% 13.9% 5.0% 15.4% 20.5% 20.5% 23.9%
Cash flow
Cash from operations 239 166 229 150 96 61 114 −26 −14 −2 −29 −21 78 34 106 154 168 201
Capital spending 58 59 52 38 26 57 47 23 9 7 12 2 4 5 4 1 1 2
Free cash flow 181 107 178 112 70 4 66 −49 −23 −9 −40 −23 74 30 101 153 166 199
Stock-based pay 11 13 9 12 13 28 31 39 53 103 89 112 87 126 71 108 83 79
Free cash flow after stock pay 171 94 169 100 57 −24 35 −88 −76 −112 −130 −134 −14 −96 30 45 83 120
Balance sheet
Cash 224 207 230 223 419 141 190 169 140 1,061 718 573 600 464 337 413 380 364
Total debt 501 422 278 254 318 280 190 229 229 0 0 0 0 0 0 0 0 0
Net debt (negative = net cash) 277 215 49 31 −101 139 1 60 89 −1,061 −718 −573 −600 −464 −337 −413 −380 −364
Diluted shares 80m 80m 80m 76m 75m 77m 78m 78m 79m 75m 68m 66m 68m 66m 68m 66m 65m 64m
Returned to shareholders
Buybacks 0 — 66 74 53 10 53 31 89 74 182 42 59 150 61 101 195 182
Total returned 0 — 66 74 53 10 53 31 89 74 182 42 59 150 61 101 195 182

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 1 checks passed · June 30, 2026
What it owns · $1.3bn
Short-term assets $636mLonger-term assets $643m
What it owes, and who funded it · $1.2bn
Short-term liabilities $239mShareholders' equity $977m
  • Short-term assets cover short-term liabilities $636m of assets due within a year against $239m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Liveramp Holdings, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2027 Q1 TTM
Buybacks (TTM)
$182M
Returned to shareholders
92%
of free cash flow
Buybacks, last 3 fiscal years
$356M
Diluted share count
−3.5%
year over year
Total shareholder yield
7.7%
dividends 0.0% + buybacks 7.7% of market value
R&D spending
17.5%
of revenue
Days sales outstanding
95 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in application software
Last 12 months unless stated RAMP BRZE ASAN IDCC RPD QTWO Median
Revenue, last 12 months $832m $834m $828m $817m $856m $870m $482m
Revenue growth, last 12 months 8.9% 27.4% 9.5% −12.0% 0.1% 13.1% 12.0%
Revenue growth, 3-year average 11.0% 26.9% 10.9% 13.4% 5.3% 12.6% 11.1%
Revenue growth, latest quarter 9.8% 26.2% 9.9% 17.5% −1.5% 11.9% 11.9%
Gross margin 70.8% 66.3% 87.6% — 69.3% 58.4% 69.2%
Operating margin 11.6% −13.4% −19.4% 45.1% 1.2% 12.4% 1.1%
Operating margin, 3-year average 4.8% −19.7% −29.3% 49.7% 1.6% 2.2% −0.8%
Net margin 18.7% −13.6% −18.6% 38.5% 2.4% 12.7% 2.1%
Cash from operations / revenue 24.1% 11.1% 15.7% 38.2% 17.9% 28.2% 18.2%
Free-cash-flow margin 23.9% 10.1% 15.0% 37.8% 16.9% 26.8% 15.0%
Free-cash-flow margin, 3-year average 17.6% 5.8% 6.2% 38.5% 17.9% 22.5% 16.2%
Stock pay / revenue 9.4% 17.6% 23.8% 7.4% 10.4% 9.3% 9.3%
Change in share count −3.5% 5.8% 1.4% 3.5% 18.0% −4.6% 2.2%

Median of all 185 companies we cover in application software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

185 application software companies
Measure Company Peer median Rank
Revenue growth Growth 8.9% 12.0% 108 of 184
Change in growth rate Growth -0.2pp +0.2pp 105 of 184
Gross margin Profitability 70.8% 69.8% 78 of 160
Operating margin Profitability 11.6% 1.1% 50 of 181
Net margin Profitability 18.7% 2.1% 31 of 185
Free-cash-flow margin Cash generation 23.9% 15.2% 59 of 180
Stock pay as % of revenue Cash generation 9.4% 9.3% 92 of 177
Change in share count Balance sheet -3.5% 1.7% 27 of 163
Days sales outstanding Balance sheet 95 days 57 days 135 of 162

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to March 31, 2026
Products and services
Line of business Revenue Share YoY
Subscription $614M 75.6% ▲ 8.0%
Marketplace and Other $199M 24.4% ▲ 12.4%
Geography
Region Revenue Share YoY
United States $763M 93.9% ▲ 8.3%
All Foreign Countries $49.8M 6.1% ▲ 21.6%
Europe $41.4M 83.1% ▲ 20.6%
Asia Pacific $6.2M 12.5% ▲ 19.1%
Other Countries $2.2M 4.4% ▲ 54.9%

From Liveramp Holdings, Inc.'s 10-K filed May 21, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.3B
Institutions reporting
303
Shares held vs prior quarter
▲ 1.0%
Positions opened / closed
80 / 53

Top buyers and sellers, Q2 2026: 155 institutions bought and 160 sold ; the biggest buyer was Fil Ltd (+2.4M shares) and the biggest seller Schroder Investment Management Group (−2.2M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $381M 10.1M 16.5% ▼ 1.2%
Vanguard Portfolio Management LLC $182M 4.8M 7.9% ▼ 12.4%
Dimensional Fund Advisors LP $113M 3.0M 4.9% ▲ 8.7%
Vanguard Capital Management LLC $99.5M 2.6M 4.3% ▼ 1.0%
State Street Corp $98.6M 2.6M 4.3% ▲ 3.3%
Fil Ltd $90.5M 2.4M 3.9% New
Fuller & Thaler Asset Management, Inc. $79.4M 2.1M 3.4% ▲ 12.2%
Geode Capital Management, LLC $60.7M 1.6M 2.6% ▲ 5.2%
Arrowstreet Capital, Limited Partnership $54.3M 1.4M 2.4% ▼ 6.9%
Magnetar Financial LLC $51.9M 1.4M 2.2% New
Goldman Sachs Group Inc $49.8M 1.3M 2.2% ▲ 177.5%
AQR Arbitrage LLC $49.8M 1.3M 2.2% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Liveramp Holdings, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $169,866 1 trade by 1 insider · 0% under pre-set plans
Net ▼ $169,866 net selling
Insider Date Trade Shares Price Value
Hussain Mohsin CHIEF TECHNOLOGY OFFICER March 3, 2026 Sell 5,977 $28.42 $169,866

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 18, 2026
  • February 5, 2026
  • November 5, 2025
  • August 6, 2025
  • May 21, 2025

Recent SEC filings

Data status

When each part of this page on Liveramp Holdings, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Liveramp Holdings, Inc. in brief

What does Liveramp Holdings, Inc. do?
Liveramp Holdings, Inc. is a US-listed company in the application software industry. Its financial year ends in March.
What is Liveramp Holdings, Inc.'s stock ticker?
Liveramp Holdings, Inc. trades under the ticker RAMP on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Liveramp Holdings, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Liveramp Holdings, Inc. reported revenue of $832M, 8.9% higher than a year earlier, according to its SEC filings.
What is Liveramp Holdings, Inc.'s free cash flow?
Liveramp Holdings, Inc.'s free-cash-flow margin is 23.9% of revenue over the trailing twelve months, ranking 59 of the 180 application software companies we cover.
What is Liveramp Holdings, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Liveramp Holdings, Inc.'s free cash flow after stock-based pay gives ~$28 per share in the base case, and ~$22–$35 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Liveramp Holdings, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Dimensional Fund Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Liveramp Holdings, Inc. buying back stock, and does it pay a dividend?
Liveramp Holdings, Inc. spent $182M on share repurchases over the trailing twelve months, and its diluted share count fell 3.5% over the year.
What is Liveramp Holdings, Inc.'s market cap?
On October 30, 2026, Liveramp Holdings, Inc.'s market capitalisation was about $2.5B, with a price-to-earnings ratio of 15.8 and net debt of -$364M. Market figures come from third-party market data and may be delayed.
Who are Liveramp Holdings, Inc.'s competitors?
In our Application Software peer group, the companies closest to Liveramp Holdings, Inc. are Braze, Inc., Asana, Inc., Interdigital, Inc., Rapid7, Inc. and Q2 Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Liveramp Holdings, Inc.'s.
Are insiders buying or selling Liveramp Holdings, Inc. stock?
Over the last 12 months, Liveramp Holdings, Inc.'s directors and officers reported 0 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is Liveramp Holdings, Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Liveramp Holdings, Inc. announces its own schedule.