LiveRamp Holdings, Inc. RAMP
LiveRamp Holdings, Inc. ("LiveRamp", "we", "us", or the "Company") is a leading data collaboration technology company, empowering marketers and media owners to deliver and measure marketing performance everywhere it matters. LiveRamp's data collaboration network seamlessly unites data across advertisers, ad tech platforms, publishers, data providers, and commerce media networks — unlocking insights that deliver transformational consumer experiences, and drive measurable business outcomes. As consumers embrace AI-powered experiences, the LiveRamp data collaboration network expands the breadth and accuracy of the data on which marketing AI capabilities operate. Our platform is engineered for AI agent accessibility, facilitating autonomous data collaboration between the specialized AI agents utilized by our customers and partners and our networked platform. Built on a foundation of strict neutrality, interoperability, and global scale, LiveRamp enables organizations to maximize the value of their data while accelerating business growth.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Europe
- Other
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $763.2M | $704.7M | $618.5M |
| Europe | $41.4M | $34.3M | $34.1M |
| Other | $8.4M | $6.6M | $7.0M |
As the company reported it, from the “REVENUE FROM CONTRACTS WITH CUSTOMERS - Schedule of Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $812.9M | $745.6M | $659.7M | $596.6M | $528.7M | $443.0M | $380.6M | $285.6M | $220.1M | $174.8M |
| Cost of revenue | $238.1M | $215.9M | $179.5M | $170.1M | $147.4M | $144.0M | $152.7M | $120.7M | $96.4M | $100.0M |
| Gross profit | $574.8M | $529.7M | $480.2M | $426.5M | $381.2M | $299.0M | $227.9M | $164.9M | $123.7M | $74.8M |
| R&D | $148.1M | $176.7M | $151.2M | $189.2M | $157.9M | $135.1M | $106.0M | $85.7M | $60.7M | $49.4M |
| SG&A | $132.6M | $126.5M | $110.2M | $125.4M | $104.6M | $104.2M | $108.9M | $98.9M | $85.2M | $92.9M |
| Total operating expenses | $491.4M | $524.3M | $468.8M | $552.3M | $446.8M | $419.6M | $408.8M | $363.0M | $257.2M | $206.2M |
| Operating income | $83.5M | $5.4M | $11.4M | -$125.8M | -$65.5M | -$120.5M | -$180.9M | -$198.1M | -$133.5M | -$131.4M |
| Interest expense | — | — | — | — | — | — | — | — | $10.1M | $7.4M |
| Pre-tax income | $98.1M | $22.8M | $34.4M | -$118.9M | -$35.1M | -$120.8M | -$165.5M | -$179.4M | -$133.0M | -$130.8M |
| Income tax | $46.7M | $25.3M | $24.3M | $5.3M | $1.2M | $30.5M | $40.3M | $45.4M | $65.7M | $45.2M |
| Net income | $146.0M | -$1.0M | $12.0M | -$119.0M | -$34.0M | -$90.3M | -$124.5M | $1.03B | — | $4.1M |
| EPS, basic | 2.28 | -0.01 | 0.18 | -1.79 | -0.50 | -1.36 | -1.84 | 13.71 | 0.30 | 0.05 |
| EPS, diluted | 2.24 | -0.01 | 0.17 | -1.79 | -0.50 | -1.36 | -1.84 | 13.71 | 0.30 | 0.05 |
| Shares, diluted (wtd. avg.) | 65.0M | 66.1M | 67.9M | 66.4M | 68.2M | 66.3M | 67.8M | 75.0M | 78.9M | 77.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $379.5M | $413.3M | $336.9M | $464.4M | $600.2M | $581.7M | $732.6M | $1.06B | $140.0M | $168.7M |
| Short-term investments | $7.5M | $7.5M | $32.0M | $32.8M | $7.5M | — | — | — | — | — |
| Receivables | $213.0M | $186.2M | $190.3M | $157.4M | $148.3M | $114.3M | $92.8M | $78.6M | $52.0M | $142.8M |
| Total current assets | $653.1M | $656.2M | $602.0M | $714.6M | $815.8M | $825.7M | $896.4M | $1.19B | $360.6M | $368.5M |
| Property, plant and equipment | $5.2M | $6.2M | $8.2M | $7.1M | $11.5M | $12.0M | $19.3M | $26.0M | $32.3M | $156.0M |
| Goodwill | $502.1M | $501.8M | $501.8M | $363.1M | $363.8M | $357.4M | $297.8M | $204.7M | $203.6M | $200.4M |
| Other intangibles | $9.2M | $20.2M | $34.6M | $9.9M | $26.7M | $39.7M | $45.2M | $28.6M | $44.5M | $66.3M |
| Total assets | $1.29B | $1.26B | $1.23B | $1.17B | $1.33B | $1.29B | $1.30B | $1.47B | $1.21B | $1.23B |
| Short-term debt | — | — | — | — | — | — | — | $0 | $1.6M | $39.8M |
| Total current liabilities | $264.8M | $247.5M | $216.6M | $174.8M | $184.6M | $165.2M | $161.4M | $95.1M | $178.6M | $230.2M |
| Total liabilities | — | — | — | — | — | — | — | $142.1M | — | — |
| Retained earnings | $1.46B | $1.31B | $1.31B | $1.30B | $1.42B | $1.45B | $1.55B | $1.67B | $628.3M | $602.6M |
| Total equity | $972.0M | $948.9M | $949.1M | $926.1M | $1.06B | $1.08B | $1.09B | $1.33B | $749.1M | $739.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $167.8M | $154.0M | $105.7M | $34.4M | $78.1M | -$20.6M | -$28.6M | -$2.0M | -$14.1M | -$25.9M |
| Depreciation and amortisation | $13.4M | $17.2M | $11.5M | $20.8M | $24.2M | $27.7M | $35.9M | $33.8M | $37.6M | $32.0M |
| Stock-based compensation | $83.0M | $108.0M | $71.3M | $125.8M | $87.3M | $111.7M | $89.4M | $102.7M | $52.9M | $39.4M |
| Capital expenditure | $1.4M | $1.0M | $4.3M | $4.7M | $4.5M | $2.2M | $11.7M | $7.3M | $9.4M | $23.1M |
| Investing cash flow | -$4.9M | $21.4M | -$173.7M | -$29.0M | $7.6M | -$87.9M | -$116.2M | -$11.1M | -$14.1M | -$124.4M |
| Financing cash flow | -$199.3M | -$102.7M | -$59.1M | -$146.0M | -$67.0M | -$43.5M | -$202.0M | -$841.5M | -$81.5M | $25.8M |
| Buybacks | $194.5M | $101.2M | $60.5M | $150.0M | $58.6M | $42.3M | $182.2M | $74.4M | $88.9M | $30.5M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-080505.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $174.8M | $220.1M | $285.6M | $380.6M | $443.0M | $528.7M | $596.6M | $659.7M | $745.6M | $812.9M |
| Gross profit | $74.8M | $123.7M | $164.9M | $227.9M | $299.0M | $381.2M | $426.5M | $480.2M | $529.7M | $574.8M |
| Net income | $4.1M | — | $1.03B | -$124.5M | -$90.3M | -$34.0M | -$119.0M | $12.0M | -$1.0M | $146.0M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced Item 2.02
- Officer or director change Item 5.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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