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LiveRamp (RAMP) investor relations material
LiveRamp Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue grew 9% year-over-year to $212 million, with strong performance in both subscription and marketplace segments and annualized recurring revenue reaching $527 million, up 7% year-over-year.
Record operating margin achieved, with GAAP operating income at $40 million (up 169%) and non-GAAP at $62 million (up 36%), and net earnings of $39.9 million ($0.62 per diluted share).
Free cash flow for the quarter was $67 million, with a trailing twelve-month free cash flow margin of 21% and cash and short-term investments at $403 million; no debt.
AI initiatives, expanded Data Marketplace, and strategic partnerships (including Publicis and Uber Advertising) drove growth and platform value.
Share repurchases totaled $119 million fiscal year-to-date, with $39 million in Q3 and $137 million remaining under the current authorization.
Financial highlights
GAAP gross profit was $153 million (72% margin), non-GAAP gross profit $156 million (74% margin), and operating income reached $40 million (GAAP) and $62 million (non-GAAP).
Net earnings were $40 million (GAAP, up 256%) and $49 million (non-GAAP, up 32%), with EPS of $0.62 (GAAP, up 269%) and $0.76 (non-GAAP, up 37%).
Free cash flow for the quarter was $67 million, with a record quarterly operating margin (non-GAAP: 29%, GAAP: 19%).
Net new ARR was over $11 million, with ARR up 7% year-over-year.
140 customers with $1 million+ annualized subscription revenue, up from 125 last year.
Outlook and guidance
FY26 revenue guidance raised to $810–$814 million (9% growth), with Q4 revenue expected between $203–$207 million.
FY26 non-GAAP operating income expected at $180 million; GAAP operating income at $84 million.
Q4 non-GAAP operating income guidance is $38 million; GAAP operating income $16 million.
Gross margin for FY26 expected at 72%-73%, slightly down due to platform upgrades.
Management anticipates a material decrease in cash tax payments for FY26 due to new tax law changes.
- TimeTickerHeadlineOpen
- 6 FebSPKSJF
Record income, strong growth, and robust capital position despite lower interest income. - 6 FebISCTR
Net profit hit TL 67.4 billion in 2025, with strong NIM, fee growth, and solid 2026 outlook. - 6 FebSCW
73% revenue growth and record backlog driven by new space contracts and strategic investments. - 6 FebCDP
2025 FFO/share rose 5.8% with strong leasing and retention; 2026 guidance signals further growth. - 6 FebSCW
Revenue at 15.86 mln PLN, backlog 17.14 mln PLN, and major space contracts drive 2025 outlook. - 6 FebPENG
All proposals passed, with no questions raised during the Q&A session. - 6 FebSCW
Q2 2024 revenue up 115% y/y, backlog nearly doubled, Space segment leads growth. - 6 FebPECO
2026 FFO per share growth guided at 5.5% with record occupancy and strong acquisitions. - 6 FebSCW
Q2 2025 revenue surged 120% y/y, driven by a record Asian contract and a tripled backlog. - 6 FebSCW
Q1 2025 revenue jumped 97% year-over-year, with strong backlog and major new contracts secured.
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