Liveramp (RAMP) financial statements
Liveramp reported revenue of $813M in fiscal 2026, up 18.6% a year over 9 years.
Net income was $146M and the operating margin 10.3%, against -75.2% in 2017.
Free cash flow was $166M, and the company returned $195M in net buybacks.
The diluted share count fell 16% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Liveramp's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $175M | $220M | $286M | $381M | $443M | $529M | $597M | $660M | $746M | $813M |
| Cost of revenue | $100M | $96M | $121M | $153M | $144M | $147M | $170M | $179M | $216M | $238M |
| Gross profit | $75M | $124M | $165M | $228M | $299M | $381M | $426M | $480M | $530M | $575M |
| Research and development | $49M | $61M | $86M | $106M | $135M | $158M | $189M | $151M | $177M | $148M |
| Selling, general and admin | $152M | $194M | $257M | $298M | $282M | $287M | $328M | $306M | $340M | $338M |
| Operating income | -$131M | -$134M | -$198M | -$181M | -$121M | -$66M | -$126M | $11M | $5M | $83M |
| Interest expense | $7M | $10M | — | — | — | — | — | — | — | — |
| Pre-tax income | -$131M | -$133M | -$179M | -$166M | -$121M | -$35M | -$119M | $34M | $23M | $98M |
| Income tax | -$45M | -$66M | -$45M | -$40M | -$31M | -$1M | $5M | $24M | $25M | -$47M |
| Net income | $4M | $23M | $1.0B | -$125M | -$90M | -$34M | -$119M | $12M | -$814,000 | $146M |
| EPS (diluted) | $0.05 | $0.30 | $13.71 | -$1.84 | -$1.36 | -$0.50 | -$1.79 | $0.17 | -$0.01 | $2.24 |
| Diluted shares | 78M | 79M | 75M | 68M | 66M | 68M | 66M | 68M | 66M | 65M |
| Gross margin | 42.8% | 56.2% | 57.7% | 59.9% | 67.5% | 72.1% | 71.5% | 72.8% | 71.0% | 70.7% |
| Operating margin | -75.2% | -60.7% | -69.4% | -47.5% | -27.2% | -12.4% | -21.1% | 1.7% | 0.7% | 10.3% |
| Net margin | 2.4% | 10.7% | 360.1% | -32.7% | -20.4% | -6.4% | -19.9% | 1.8% | -0.1% | 18.0% |
Balance sheet
Fiscal years, from Liveramp's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $169M | $140M | $1.1B | $718M | $573M | $608M | $497M | $369M | $421M | $387M |
| Receivables | $143M | $52M | $79M | $93M | $114M | $148M | $157M | $190M | $186M | $213M |
| Total current assets | $369M | $361M | $1.2B | $896M | $826M | $816M | $715M | $602M | $656M | $653M |
| Property, plant and equipment | $156M | $32M | $26M | $19M | $12M | $12M | $7M | $8M | $6M | $5M |
| Goodwill | $200M | $204M | $205M | $298M | $357M | $364M | $363M | $502M | $502M | $502M |
| Total assets | $1.2B | $1.2B | $1.5B | $1.3B | $1.3B | $1.3B | $1.2B | $1.2B | $1.3B | $1.3B |
| Total current liabilities | $230M | $179M | $95M | $161M | $165M | $185M | $175M | $217M | $248M | $265M |
| Long-term debt | $189M | $228M | $0 | — | — | — | — | — | — | — |
| Total liabilities | $496M | $460M | $142M | $214M | $208M | $271M | $247M | $282M | $311M | $322M |
| Shareholders' equity | $739M | $749M | $1.3B | $1.1B | $1.1B | $1.1B | $926M | $949M | $949M | $972M |
| Net debt | $60M | $89M | -$1.1B | -$718M | -$573M | -$600M | -$464M | -$337M | -$413M | -$380M |
Cash flow
Fiscal years, from Liveramp's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$26M | -$14M | -$2M | -$29M | -$21M | $78M | $34M | $106M | $154M | $168M |
| Capital spending | $28M | $13M | $9M | $12M | $2M | $4M | $5M | $4M | $1M | $1M |
| Free cash flow | -$54M | -$27M | -$11M | -$40M | -$23M | $74M | $30M | $101M | $153M | $166M |
| Stock-based compensation | $39M | $53M | $103M | $89M | $112M | $87M | $126M | $71M | $108M | $83M |
| Share buybacks (net) | -$31M | -$89M | -$74M | -$182M | -$42M | -$59M | -$150M | -$61M | -$101M | -$195M |
| Net borrowing | $38M | $3M | -$233M | $0 | $0 | — | — | — | — | — |
| Free cash flow margin | -31.1% | -12.1% | -3.7% | -10.6% | -5.1% | 13.9% | 5.0% | 15.4% | 20.5% | 20.5% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for RAMP.
Open RAMP in InvestinglyQuestions
What was Liveramp's revenue in 2026?
$813M in fiscal 2026, from its 10-K filing.
How much free cash flow does Liveramp generate?
$166M in fiscal 2026 (operating cash flow minus capital spending).
From Liveramp's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.