LiveRamp Holdings, Inc. (RAMP)

LiveRamp's stock has been impacted by earnings performance and strategic initiatives. In Q2 FY26, revenue exceeded guidance by $9 million, and operating income exceeded guidance by $10 million, with operating margin expanding to 22% and ARR growing by 13%. In Q3 FY26, total revenue increased by 9% year-over-year, exceeding guidance, and million-dollar-plus subscription customers grew. Despite strong earnings, the stock fell 1.71% in aftermarket trading. LiveRamp's stock was down 17.8% over the last month, mirroring a sell-off in its peer group. LiveRamp has been expanding AI partnerships and implementing a new flexible, usage-based pricing model. In Q3 FY26, $39 million was deployed in share repurchases, bringing the year-to-date total to $119 million.

Demand for LiveRamp's products and services exhibits some seasonality. Contract renewals tend to skew towards the fiscal second half, resulting in sequential increases in RPO and CRPO during these periods. Free cash flow reflects typical seasonality and changes in working capital.

LiveRamp Holdings, Inc. operates a data collaboration platform globally, enabling organizations to unify customer and prospect data for a single, privacy-protected customer view. The platform offers people-based marketing solutions, including data collaboration, activation, measurement and analytics, identity resolution, and a data marketplace, serving diverse industries. LiveRamp also shapes AI-related standards for data-driven marketing through open-sourced initiatives.

LiveRamp Holdings, Inc. has a global presence in the United States, Europe, and the Asia-Pacific region. Headquartered in San Francisco, California, it has offices in various cities worldwide, including New York, Seattle, Little Rock, London, Paris, Sydney, Shanghai, Nantong, Tokyo, and Singapore.

LiveRamp has maintained a strong brand reputation, marked by industry recognition and leadership in industry standards. IDC recognized LiveRamp as a leader in its marketscape vendor assessment for data clean room technology for the second consecutive year. LiveRamp was named a "Great Place to Work" in 2025. CEO Scott Howe received the IAB Lifetime Commitment Award, underscoring LiveRamp's influential role in shaping AI-related standards. A representative LiveRamp customer achieved a 313% ROI and approximately $10 million in business benefits over three years.

LiveRamp Holdings, Inc. has significant institutional ownership, accounting for 96.67% of the company. Major institutional holders include BlackRock, Inc., The Vanguard Group, Inc., and State Street Global Advisors, Inc. Other notable institutional owners include Schroder Investment Management North America Inc., American Capital Management, Inc., and Fort Washington Investment Advisors, Inc. Individual owners mentioned include John L. Battelle and Timothy R. Cadogan.