LiveRamp Reports 9.8% Revenue Growth to $214M for Quarter Ending June 30, 2026

LiveRamp Holdings, Inc. reported a significant increase in financial performance for the three months ending June 30, 2026, with revenues reaching $214.0 million, a 9.8% increase from $194.8 million in the same period last year. The company's gross profit also rose to $150.9 million, resulting in a gross margin of 70.5%, up from 70.1% a year earlier. Net earnings for the quarter were $17.5 million, or $0.28 per diluted share, compared to $7.7 million, or $0.12 per diluted share, in the prior year, marking a 126% increase in net earnings.

The company experienced notable growth in both its subscription and marketplace revenue streams. Subscription revenue increased by 8.1% to $160.4 million, driven by upselling to existing customers and higher variable revenue. Marketplace and other revenue grew by 15.4% to $53.6 million, primarily due to increased activity in the Data Marketplace. Geographically, U.S. revenue rose by 9.1%, while international revenue saw a more substantial increase of 23.2%, aided by favorable exchange rates.

In terms of operational developments, LiveRamp's customer base expanded to 845 direct customers, with a total of approximately 1,000 customers when including indirect partnerships. The company also reported a headcount increase of approximately 180 employees following the onboarding of roles previously managed by a third-party service provider in India, bringing the total headcount in India to around 265 employees. Additionally, the company recorded $6.5 million in acquisition-related charges associated with its pending merger with MMS USA Holdings, Inc., which is expected to close by the end of 2026.

LiveRamp's balance sheet remains strong, with cash and cash equivalents totaling $363.5 million as of June 30, 2026. The company reported a working capital increase to $396.4 million, up from $388.4 million at the end of the previous fiscal year. However, the company has paused its stock repurchase program in light of the merger agreement, which has a total repurchase authorization of $1.5 billion, with $244.2 million remaining as of the latest report.

Looking ahead, LiveRamp's management expressed confidence in the company's ability to navigate market conditions and capitalize on growth opportunities, particularly in the data collaboration space. The company anticipates that its strategic initiatives, including the merger, will enhance its competitive position and drive future growth. However, management cautioned that various external factors, including economic conditions and regulatory changes, could impact future performance.