LiveRamp Holdings, Inc. (RAMP) Income Statement
RAMP FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsRAMP revenue and net income
Where RAMP's revenue goes
FY2026Each bar shows an amount and its share of revenue. RAMP kept 18.0% of revenue as net income.
RAMP profit margins
RAMP growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +9.0% | +10.9% | +12.9% | −0.4% |
| Gross profit | +8.5% | +10.5% | +14.0% | +4.7% |
| Operating income | +1,536.9% | — | — | — |
| Net income | — | — | — | +36.1% |
| EPS (diluted) | +24.0% | +34.6% | +57.3% | +13.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RAMP quarterly EPS vs estimates
LiveRamp beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.52).
RAMP income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $812.9M | $745.6M | $659.7M | $596.6M | $528.7M | $443.0M | $380.6M | $285.6M | $917.4M | $880.2M |
| Cost of revenue | $238.1M | $215.9M | $179.5M | $170.1M | $147.4M | $144.0M | $152.7M | $120.7M | $466.4M | $477.7M |
| Gross profit | $574.8M | $529.7M | $480.2M | $426.5M | $381.2M | $299.0M | $227.9M | $164.9M | $451.0M | $402.6M |
| Research & development | $148.1M | $176.7M | $151.2M | $189.2M | $157.9M | $135.1M | $106.0M | $85.7M | $94.9M | $82.1M |
| Sales, general & admin | $338.2M | $339.6M | $305.9M | $327.8M | $287.4M | $281.7M | $297.8M | $257.4M | $339.1M | $296.4M |
| Total operating expenses | $486.4M | $524.3M | $468.8M | $552.3M | $446.8M | $419.6M | $408.8M | $343.1M | $434.0M | $378.5M |
| Operating income | $88.5M | $5.4M | $11.4M | −$125.8M | −$65.5M | −$120.5M | −$180.9M | −$198.1M | $10.6M | $15.7M |
| Interest income | $14.8M | $17.5M | $24.0M | $12.0M | — | — | — | $5.7M | $10.1M | — |
| Interest expense | $32,000 | $169,000 | $436,000 | $366,000 | $29.0M | $3.0M | $11.1M | $0 | $10.1M | $7.4M |
| Income before taxes | $98.1M | $22.8M | $34.4M | −$118.9M | −$35.1M | −$120.8M | −$165.5M | −$179.4M | $709,000 | $8.6M |
| Income taxes | −$46.7M | $25.3M | $24.3M | $5.3M | −$1.2M | −$30.5M | −$40.3M | −$45.4M | −$22.8M | $4.5M |
| Net income | $146.0M | −$814,000 | $11.9M | −$118.7M | −$33.8M | −$90.3M | −$124.5M | $1.03B | $23.5M | $4.1M |
| EBITDA | $111.5M | $40.2M | $46.3M | −$97.7M | −$39.8M | −$90.1M | −$140.0M | −$144.4M | −$93.2M | −$108.5M |
| EPS (diluted) | $2.12 | $1.71 | $1.44 | $0.87 | $0.48 | $0.22 | −$0.55 | −$0.39 | $0.94 | $0.72 |
| Gross margin | 70.7% | 71.0% | 72.8% | 71.5% | 72.1% | 67.5% | 59.9% | 57.7% | 49.2% | 45.7% |
| Operating margin | 10.9% | 0.7% | 1.7% | −21.1% | −12.4% | −27.2% | −47.5% | −69.4% | 1.2% | 1.8% |
| Net margin | 18.0% | −0.1% | 1.8% | −19.9% | −6.4% | −20.4% | −32.7% | 360.1% | 2.6% | 0.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $214.0M | $206.1M | $212.2M | $199.8M | $194.8M | $188.7M | $195.4M | $185.5M | $176.0M | $171.9M | $173.9M | $159.9M |
| Cost of revenue | $63.0M | $60.5M | $59.7M | $59.6M | $58.3M | $57.9M | $55.0M | $51.2M | $51.7M | $47.7M | $44.9M | $41.2M |
| Gross profit | $150.9M | $145.5M | $152.5M | $140.2M | $136.5M | $130.8M | $140.4M | $134.2M | $124.2M | $124.1M | $128.9M | $118.7M |
| Research & development | $37.1M | $37.8M | $33.8M | $37.0M | $39.6M | $45.9M | $42.7M | $43.9M | $44.1M | $45.2M | $37.8M | $33.7M |
| Sales, general & admin | $87.1M | $89.2M | $77.9M | $81.9M | $89.3M | $89.1M | $82.9M | $82.5M | $85.1M | $90.7M | $73.4M | $70.1M |
| Total operating expenses | $130.8M | $126.9M | $113.0M | $118.8M | $129.3M | $142.3M | $125.7M | $126.8M | $129.3M | $138.4M | $113.7M | $110.5M |
| Operating income | $20.2M | $18.6M | $39.5M | $21.4M | $7.2M | −$11.5M | $14.7M | $7.5M | −$5.0M | −$14.3M | $15.2M | $8.2M |
| Interest income | $3.1M | $3.4M | $3.5M | $3.8M | $4.1M | — | $4.2M | — | — | — | — | — |
| Interest expense | $0 | $0 | $0 | $10,000 | $22,000 | — | $124,000 | — | — | — | — | — |
| Income before taxes | $23.3M | $19.3M | $42.9M | $25.0M | $10.9M | −$6.7M | $18.7M | $11.7M | −$804,000 | −$9.2M | $21.8M | $14.6M |
| Income taxes | $5.7M | −$50.5M | $3.0M | −$2.4M | $3.2M | −$479,000 | $9.2M | $10.0M | $6.7M | −$3.0M | $8.4M | $10.2M |
| Net income | $17.5M | $70.9M | $39.9M | $27.4M | $7.7M | −$6.3M | $11.2M | $1.7M | −$7.5M | −$5.4M | $14.0M | $4.9M |
| EBITDA | $20.4M | $22.6M | $46.2M | $28.3M | $11.0M | $9.1M | $19.2M | $12.3M | $3.8M | −$7.9M | $19.5M | $16.6M |
| EPS (diluted) | $0.31 | $0.52 | $0.76 | $0.40 | $0.44 | $0.30 | $0.55 | $0.51 | $0.35 | $0.25 | $0.47 | $0.43 |
| Gross margin | 70.5% | 70.6% | 71.9% | 70.2% | 70.1% | 69.3% | 71.9% | 72.4% | 70.6% | 72.2% | 74.2% | 74.2% |
| Operating margin | 9.4% | 9.0% | 18.6% | 10.7% | 3.7% | −6.1% | 7.5% | 4.0% | −2.9% | −8.3% | 8.7% | 5.1% |
| Net margin | 8.2% | 34.4% | 18.8% | 13.7% | 4.0% | −3.3% | 5.7% | 0.9% | −4.3% | −3.1% | 8.0% | 3.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RAMP's financial statements (latest annual report filed May 21, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RAMP financial results
In fiscal year 2026 (ended March 31, 2026), LiveRamp reported revenue of $812.9 million, up 9.0% from the year before. It had net income of $146.0 million, a net profit margin of 18.0%. Diluted earnings per share came to $2.12. Over five years revenue grew at an average rate of 12.9% a year.
See the RAMP stock overview for the latest quote and news, or the RAMP chart for price history and technical indicators.
RAMP income statement FAQ
What is LiveRamp's annual revenue?
LiveRamp reported total revenue of $812.9 million for fiscal year 2026, which ended on March 31, 2026. That was up 9.0% from $745.6 million the previous year.
Is LiveRamp profitable?
Yes. LiveRamp reported net income of $146.0 million in fiscal 2026, a net profit margin of 18.0%; its operating margin was 10.9%.
What is LiveRamp's gross margin?
LiveRamp's gross margin was 70.7% in fiscal 2026: for every $100 of revenue, LiveRamp kept $71 after the direct cost of its products and services.
How much does LiveRamp spend on research and development?
LiveRamp spent $148.1 million on research and development in fiscal 2026, 18.2% of revenue.
How fast is LiveRamp growing?
Revenue grew 12.9% a year on average over the last five fiscal years, from $443.0 million to $812.9 million.
What are LiveRamp's earnings per share?
LiveRamp earned $2.12 per diluted share in fiscal 2026, compared with $1.71 a year earlier.
When will LiveRamp report its next earnings?
LiveRamp is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does LiveRamp's fiscal year end?
LiveRamp's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on May 21, 2026.