Saturday 17 October 2026
Export RAMP’s income statement to Excel — free account
LiveRamp Holdings, Inc.
RAMP Technology Software Infrastructure
LiveRamp Holdings, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $812.9 million, up 9.03% from fiscal 2025. In the quarter to June 2026, revenue grew 9.84%, EPS grew 141.7% and free cash flow grew 201.0%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for three.
37.46
0.09
−0.24%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 21.80 | 18.60 | 37.30 | 23.44 | 38.50 | 15.37 | 20.26 | 21.45 | 22.82 | 21.71 |
Analyst estimates 2027–2029 Powerpack |
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| High | 30.40 | 51.51 | 63.23 | 80.07 | 87.38 | 51.08 | 38.78 | 42.66 | 36.08 | 38.23 | |||||
| People | |||||||||||||||
| People | Employees | 3,260 | 3,380 | 950 | 1,150 | 1,200 | 1,400 | 1,370 | 1,400 | 1,300 | 1,300 | ||||
| Revenue/emp, $m | 0.05 | 0.07 | 0.30 | 0.33 | 0.37 | 0.38 | 0.44 | 0.47 | 0.57 | 0.63 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 175 | 220 | 286 | 381 | 443 | 529 | 597 | 660 | 746 | 813 | ||||
| Gross margin, % | 42.79 | 56.20 | 57.73 | 59.88 | 67.50 | 72.11 | 71.49 | 72.79 | 71.04 | 70.71 | |||||
| EBT | (131) | (133) | (179) | (166) | (121) | (35) | (119) | 34 | 23 | 98 | |||||
| EBT margin, % | (74.82) | (60.44) | (62.80) | (43.50) | (27.27) | (6.63) | (19.92) | 5.21 | 3.06 | 12.06 | |||||
| Net income | 4 | 23 | 1,029 | (125) | (90) | (34) | (119) | 12 | (1) | 146 | |||||
| Depreciation | 32 | 38 | 34 | 36 | 28 | 24 | 21 | 14 | 17 | 13 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 2.25 | 2.79 | 3.81 | 5.62 | 6.68 | 7.75 | 8.99 | 9.95 | 11.28 | 12.68 | ||||
| Earnings | 0.05 | 0.30 | 13.71 | (1.84) | (1.36) | (0.50) | (1.79) | 0.18 | (0.01) | 2.28 | |||||
| Cash flow | (0.33) | (0.18) | (0.03) | (0.42) | (0.31) | 1.14 | 0.52 | 1.59 | 2.33 | 2.62 | |||||
| Capex | (0.04) | (0.16) | (0.12) | (0.16) | (0.03) | (0.07) | (0.07) | (0.06) | (0.02) | (0.02) | |||||
| Free cash flow | (0.37) | (0.34) | (0.14) | (0.58) | (0.34) | 1.08 | 0.45 | 1.53 | 2.31 | 2.60 | |||||
| Book value | 9.52 | 9.50 | 17.74 | 16.05 | 16.30 | 15.58 | 13.96 | 14.32 | 14.35 | 15.16 | |||||
| Shares, m | 78 | 79 | 75 | 68 | 66 | 68 | 66 | 66 | 66 | 64 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 529.18 | 77.60 | 4.15 | 0.00 | 0.00 | 0.00 | 0.00 | 189.00 | 0.00 | 11.48 | ||||
| P/S | 2.52 | 4.74 | 13.10 | 5.86 | 7.76 | 4.82 | 2.44 | 3.42 | 2.32 | 2.09 | |||||
| P/B | 3.01 | 2.44 | 2.81 | 2.05 | 3.18 | 2.40 | 1.57 | 2.38 | 1.82 | 1.75 | |||||
| EV/Sales | 2.59 | 4.97 | 10.18 | 4.53 | 6.97 | 4.11 | 1.99 | 3.20 | 2.06 | 1.90 | |||||
| EV/FCF | (78.97) | (71.81) | (273.85) | (43.78) | (135.69) | 29.50 | 39.85 | 20.81 | 10.04 | 9.26 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (26) | (14) | (2) | (29) | (21) | 78 | 34 | 106 | 154 | 168 | ||||
| Capex | (3) | (13) | (9) | (11) | (2) | (4) | (5) | (4) | (1) | (1) | |||||
| Free cash flow | (29) | (27) | (11) | (39) | (23) | 74 | 30 | 101 | 153 | 166 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 138 | 182 | 1,097 | 735 | 660 | 631 | 540 | 385 | 409 | 388 | ||||
| Total debt | 229 | 229 | — | 21 | 14 | 61 | 47 | — | — | — | |||||
| Net debt | 59 | 89 | (1,061) | (733) | (582) | (608) | (497) | (372) | (421) | (387) | |||||
| Shareholders’ equity | 739 | 749 | 1,331 | 1,088 | 1,081 | 1,063 | 926 | 949 | 949 | 972 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 0.34 | 1.92 | 76.69 | (8.97) | (6.97) | (2.58) | (9.47) | 0.99 | (0.07) | 11.43 | ||||
| ROIC | (10.30) | (9.95) | (45.98) | (31.86) | (15.10) | (8.99) | (18.34) | 1.23 | 0.64 | 8.92 | |||||
| ROE | 0.57 | 3.16 | 98.90 | (10.30) | (8.33) | (3.16) | (11.94) | 1.27 | (0.09) | 15.20 | |||||
Negative figures in brackets.
Fiscal years to Mar 2026 · latest quarter Jun 2026
Charts ten years each
LiveRamp Holdings, Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| FIVN Five9, Inc. | $2.6B | 42.4× | 28.7× | +10.30% (above 0%: growing) | +164.90% (above 0%: growing) | −29.56% (below 0%: shrinking) | 53.37% | 0.63% | Compare |
| EEFT Euronet Worldwide, Inc. | $2.5B | 10.2× | 8.9× | +3.17% (above 0%: growing) | −24.67% (below 0%: shrinking) | −24.07% (below 0%: shrinking) | 42.30% | 12.37% | Compare |
| PAYO Payoneer Global Inc. | $2.4B | 49.9× | 18.9× | +5.24% (above 0%: growing) | n/m | −37.08% (below 0%: shrinking) | 100.00% | 6.17% | Compare |
| FLYW Flywire Corporation | $2.4B | 68.3× | 32.7× | +27.18% (above 0%: growing) | n/m | +2.76% (above 0%: growing) | 100.00% | (1.65%) | Compare |
| CALX Calix, Inc | $2.3B | 46.2× | 47.2× | +21.27% (above 0%: growing) | n/m | −66.53% (below 0%: shrinking) | 54.59% | 7.45% | Compare |
| RAMP LiveRamp Holdings, Inc. | $2.3B | 15.1× | 13.4× | +9.84% (above 0%: growing) | +141.67% (above 0%: growing) | +200.97% (above 0%: growing) | 70.54% | 9.42% | |
| INFQ Infleqtion, Inc. | $2.1B | — (loss-making) | — | — | n/m | +442.38% (above 0%: growing) | 16.01% | (220.55%) | Compare |
| GCT GigaCloud Technology Inc. | $2.1B | 13.6× | 7.7× | +27.60% (above 0%: growing) | +27.47% (above 0%: growing) | +21.82% (above 0%: growing) | 25.64% | 11.54% | Compare |
| MQ Marqeta, Inc. | $2.0B | 170× | 104× | +17.02% (above 0%: growing) | n/m | +1,068.67% (above 0%: growing) | 69.25% | 2.07% | Compare |
| Median of peers | $2.3B | 46.2× | 28.7× | +17.02% | +27.47% | −10.65% | 53.98% | 4.12% |
LiveRamp Holdings, Inc. (RAMP) key facts
- Strength: LiveRamp Holdings, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $812.9 million, up 9.03% from fiscal 2025.
- LiveRamp Holdings, Inc. (RAMP) is a Software Infrastructure company in the Technology sector, listed on the New York Stock Exchange.
- As of October 16, 2026, RAMP traded at $37.46, a market capitalization of $2.3 billion.
- Return on equity was 15.2% and debt-to-equity 0.00.
- Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 5.95 (safe zone) for fiscal 2026.