LiveRamp Holdings, Inc.
- Open
- 37.80
- Day high
- 37.96
- Day low
- 37.80
- Prev close
- 37.78
- Volume
- 125K
- Mkt cap
- $2.4B
- P/E (TTM)
- 16.5
- EPS (TTM)
- $2.30
- P/B
- 2.5
- P/S
- 2.9
- Yield
- —
- Per share
- —
LiveRamp Holdings, Inc. (RAMP) is a Technology company listed on NYSE. The stock is up 14% over the past year.
LiveRamp Holdings, Inc. (RAMP) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
RAMP earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 21, 2026 | $0.49 | $0.52 | +6.1% | $206M | +0.3% |
| Feb 5, 2026 | $0.69 | $0.76 | +10.1% | $212M | +3.2% |
| Nov 5, 2025 | $0.48 | $0.55 | +14.6% | $200M | -5.2% |
| Aug 6, 2025 | $0.43 | $0.44 | +2.3% | $195M | -1.8% |
| May 21, 2025 | $0.28 | $0.30 | +8.1% | $189M | +1.8% |
| Feb 5, 2025 | $0.45 | $0.55 | +22.2% | $195M | +5.4% |
| May 22, 2024 | $0.23 | $0.25 | +8.7% | $172M | +7.0% |
| Feb 8, 2024 | $0.41 | $0.47 | +14.6% | $174M | +0.8% |
| May 24, 2023 | $0.18 | $0.32 | +77.8% | $149M | -0.5% |
| Feb 7, 2023 | $0.29 | $0.28 | -3.4% | $159M | +0.5% |
| Aug 4, 2022 | $0.01 | $0.05 | +311.9% | $142M | +2.4% |
| May 24, 2022 | $-0.00 | $-0.01 | -153.8% | $142M | +1.7% |
RAMP insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 23, 2026 | Sharma Vihanofficer: CHIEF REVENUE OFFICER | Tax | 1,232 | $37.61 |
| Jun 2, 2026 | JONES JERRY Cofficer: CHIEF ETHICS & LEGAL OFFICER | Tax | 801 | $29.66 |
| May 27, 2026 | Howe Scott Edirector, officer: CHIEF EXECUTIVE OFFICER | Grant | 168,924 | — |
| May 27, 2026 | JONES JERRY Cofficer: CHIEF ETHICS & LEGAL OFFICER | Tax | 12,665 | $37.70 |
| May 27, 2026 | Dillard Lauren Rofficer: CHIEF FINANCIAL OFFICER | Grant | 65,037 | — |
| May 27, 2026 | JONES JERRY Cofficer: CHIEF ETHICS & LEGAL OFFICER | Tax | 3,180 | $37.70 |
| May 27, 2026 | Sharma Vihanofficer: CHIEF REVENUE OFFICER | Tax | 1,602 | $37.70 |
| May 27, 2026 | Dillard Lauren Rofficer: CHIEF FINANCIAL OFFICER | Tax | 2,609 | $37.70 |
| May 27, 2026 | Karasick Matthewofficer: CHIEF PRODUCT OFFICER | Tax | 1,387 | $37.70 |
| May 27, 2026 | Karasick Matthewofficer: CHIEF PRODUCT OFFICER | Tax | 630 | $37.70 |
| May 27, 2026 | Karasick Matthewofficer: CHIEF PRODUCT OFFICER | Tax | 1,888 | $37.70 |
| May 27, 2026 | Sharma Vihanofficer: CHIEF REVENUE OFFICER | Tax | 2,180 | $37.70 |
| May 27, 2026 | Sharma Vihanofficer: CHIEF REVENUE OFFICER | Tax | 25,137 | $37.70 |
| May 27, 2026 | Howe Scott Edirector, officer: CHIEF EXECUTIVE OFFICER | Tax | 18,542 | $37.70 |
| May 27, 2026 | JONES JERRY Cofficer: CHIEF ETHICS & LEGAL OFFICER | Tax | 735 | $37.70 |
Source: RAMP SEC Form 4 filings, latest Jun 23, 2026. For informational purposes only — not investment advice.
See the full RAMP insider & 13F page →LiveRamp Holdings, Inc. company profile
Overview
LiveRamp Holdings, Inc. (NYSE:RAMP) is a San Francisco-based technology company that operates as a leading provider of enterprise data connectivity platform solutions. Originally incorporated in 2018 as a spinoff from Acxiom Holdings, Inc., the company changed its name to LiveRamp Holdings in October 2018. The company has roots dating back to 1983 when it was first publicly traded, making it a mature player in the data infrastructure space. Today, LiveRamp serves as a critical intermediary in the digital advertising ecosystem, helping companies securely connect and activate their customer data across various marketing channels while maintaining privacy compliance.
Business
LiveRamp operates in the data connectivity and identity resolution industry, which sits at the intersection of digital advertising technology and enterprise data management. The company's core business revolves around helping organizations safely connect, organize, and activate their customer data across different platforms and channels without compromising individual privacy. The company's primary offering is its data connectivity platform, which consists of several key components. RampID serves as a people-based identifier that allows companies to recognize the same customer across different touchpoints and devices while maintaining anonymity. Safe Haven is an enterprise data enablement platform that functions as a secure environment where companies can collaborate on data insights without sharing raw customer information. The LiveRamp Data Marketplace connects data owners with marketers, allowing them to discover and activate audience data across the marketing ecosystem. AbiliTec provides offline identity resolution capabilities, helping companies match customer records across different databases. The company also offers Clean Room solutions through its acquisition of Habu, which enable secure data collaboration between different organizations. These clean rooms allow companies to run joint analytics and marketing campaigns while keeping their underlying customer data separate and protected. LiveRamp's business is structured around two main revenue segments: 1. Subscription revenue (approximately 75% of total revenue) comes from recurring fees for platform access and identity resolution services, and 2. Marketplace and Other revenue (approximately 25% of total revenue) is generated from data transactions and usage-based fees within their data marketplace ecosystem.
Revenue model
LiveRamp generates revenue through a hybrid model combining subscription-based and transaction-based income streams. The subscription revenue model charges enterprise customers recurring fees for access to LiveRamp's identity resolution platform, data connectivity tools, and Clean Room capabilities. These customers typically sign annual contracts and pay based on the volume of data processed, number of identities resolved, or platform usage metrics. The marketplace revenue operates on a transaction-based model where LiveRamp takes a percentage of data transactions facilitated through its platform. When data owners sell audience segments to advertisers through LiveRamp's marketplace, the company earns commission fees on these transactions. This creates a network effect where more data owners attract more buyers, and vice versa. LiveRamp's primary customers include large enterprises across various industries such as retail, consumer packaged goods, automotive, financial services, healthcare, and media companies. These organizations use LiveRamp's platform to improve their marketing effectiveness, enhance customer experiences, and enable data-driven decision making while maintaining privacy compliance. Several factors influence LiveRamp's profitability margins. Positive margin drivers include the network effects of their platform (more participants increase value for all users), the recurring nature of subscription revenue, economies of scale in data processing, and the high switching costs associated with identity resolution platforms. Negative margin pressures come from intense competition in the marketing technology space, the need for continuous product development and innovation, regulatory compliance costs related to privacy laws, and the requirement to maintain expensive technical infrastructure for real-time data processing. Additionally, macroeconomic conditions affecting digital advertising spending can impact marketplace transaction volumes and customer acquisition rates.
Competitive moat
LiveRamp's competitive moat is moderately strong and primarily built around network effects and switching costs, though it faces emerging challenges from privacy regulations and big tech platforms. The company's strongest defensive position comes from its role as a neutral intermediary in the data ecosystem - it has spent years building relationships with thousands of data owners, publishers, and advertisers, creating valuable network effects where each additional participant makes the platform more useful for all others. The company benefits from significant switching costs as enterprise customers integrate LiveRamp's identity resolution capabilities deep into their marketing technology stacks and business processes. Changing identity providers requires substantial technical integration work and risks disrupting established marketing campaigns and data workflows. Additionally, LiveRamp's RampID has become a widely adopted industry standard, creating some degree of lock-in as customers build their strategies around this identifier. However, LiveRamp's moat faces several potential disruption threats. Privacy regulations like GDPR and CCPA are reshaping how companies can collect and use customer data, potentially reducing the value of traditional identity resolution approaches. Big tech platforms like Google, Apple, and Amazon have their own identity solutions and could potentially bypass LiveRamp by offering integrated alternatives within their ecosystems. The deprecation of third-party cookies - though recently delayed by Google - represents both an opportunity and a threat, as it could either increase demand for LiveRamp's authenticated identity solutions or lead to new privacy-first approaches that don't require traditional identity resolution. The company is attempting to strengthen its moat by expanding into data collaboration and Clean Room technologies, which address growing privacy concerns while maintaining data utility. However, this market is becoming increasingly competitive with cloud providers like Amazon, Google, and Microsoft offering their own data clean room solutions.
Risks & safety
LiveRamp demonstrates a strong financial safety profile with minimal solvency risk and reasonable valuation metrics, though growth expectations are reflected in its premium pricing. Liquidity and Solvency: - Cash position of $377 million with minimal debt (debt-to-equity ratio of 0.04) - Strong current ratio of 2.78 indicating solid short-term liquidity - Positive free cash flow of $47 million in recent quarter - No immediate solvency concerns given strong balance sheet Valuation Metrics: - Trading at P/E ratio of 44.9x, indicating premium valuation expectations - EV/EBITDA of 28.5x suggests high growth expectations - Price-to-book ratio of 2.10x is reasonable for a technology company - Graham number analysis suggests potential overvaluation relative to conservative metrics Other Considerations: - Recurring subscription revenue provides predictable cash flows - Operating leverage potential as company scales - Share repurchase program demonstrates capital allocation discipline - Exposure to digital advertising market cyclicality creates some earnings volatility risk
Recent development
Over the past few years, LiveRamp has undergone significant strategic evolution, shifting from a traditional identity resolution company to a broader data collaboration platform. The most significant development was the acquisition of Habu, which brought Clean Room technology that enables secure data collaboration between organizations without sharing raw customer data. This acquisition has been successfully integrated and is contributing approximately $18 million in synergized revenue. The company has been preparing for the post-cookie digital advertising world by developing its Authenticated Traffic Solution (ATS) and expanding partnerships with major platforms. While Google's decision to abandon third-party cookie deprecation reduced some urgency, LiveRamp continues to position itself as a privacy-first solution for identity resolution. LiveRamp has significantly expanded its focus on Connected TV (CTV) advertising, which now represents approximately 20% of Data Marketplace revenue and has roughly doubled year-over-year. The company has secured partnerships with major streaming platforms including a notable collaboration with Netflix that launched in early 2025. The company has also been expanding beyond its traditional retail and consumer packaged goods customer base into new verticals including travel, financial services, healthcare, and automotive. This diversification strategy includes creating industry-specific sales teams and developing tailored solutions for different sectors. From an operational perspective, LiveRamp has been implementing offshoring initiatives and cost optimization programs to improve margins, while simultaneously investing in AI-powered tools and expanding its partner ecosystem with cloud providers like Snowflake, Adobe, and Google. The company has also been simplifying its product portfolio to improve usability and measurement capabilities for customers.
RAMP company profile · for informational purposes only — not investment advice.
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