LiveRamp 2026 Q1 Earnings Beats Expectations as Net Income Surges 203%

LiveRamp (RAMP) reported its fiscal 2026 Q1 earnings on Aug 06th, 2025. The company delivered a strong performance, turning a net loss into a profit and exceeding revenue and operating income expectations. The company raised its full-year revenue guidance, signaling improved momentum and confidence in future growth.

LiveRamp’s total revenue increased by 10.7% year-over-year to $194.82 million in the first quarter of 2026, driven by robust performance across its business segments. Subscription revenue, the company’s core offering, accounted for the largest share at $148.38 million, reflecting continued demand for its platform. The Marketplace and Other segment contributed $46.45 million, rounding out the total revenue picture. This growth was fueled by double-digit increases in key areas of the business.

LiveRamp returned to profitability with earnings per share (EPS) of $0.12 in Q1 2026, reversing a loss of $0.11 per share in the prior-year period—a 209.1% positive swing. The company posted a net income of $7.75 million, a dramatic turnaround from a net loss of $7.49 million a year earlier, representing a 203.4% improvement. This strong performance highlights a significant positive shift in the company’s financial trajectory.

The stock price of LiveRamp edged up 1.75% during the latest trading day, though it declined 2.04% over the most recent full trading week and 2.22% month-to-date.

A strategy of buying LiveRamp shares after a revenue increase quarter-over-quarter and holding for 30 days has shown moderate returns over the past three years. This approach yielded a 52.11% return, slightly outperforming the benchmark by 3.53%. It also exhibited a Sharpe ratio of 0.37 and a maximum drawdown of 0.00%, indicating a relatively low-risk profile, making it appealing to stability-oriented investors.

Scott E. Howe, CEO & Director, highlighted a strong start to the year with revenue and operating income exceeding expectations. He attributed this to double-digit growth in subscription and marketplace revenue. Key growth initiatives such as Cross-Media Intelligence, Commerce Media Networks, and CTV are driving sales momentum. The CEO also noted the launch of a new pricing model in a 6-month pilot, designed to enhance flexibility and usage-based pricing. On the AI front, he emphasized LiveRamp’s role in connecting fragmented data to power AI-driven advertising. Looking ahead, Howe expressed optimism about future growth, driven by AI, network effects, and strategic investments in a programmable, real-time platform.

LiveRamp has raised its FY 2026 revenue guidance to a range of $798 million–$818 million, representing growth of 7%–10%. Q2 revenue is expected to reach $197 million. Non-GAAP operating income is now guided to $178 million–$182 million, with Q2 projected at $39 million. The company anticipates flat subscription usage growth in Q2 after a 40% surge in Q1, and low-to-mid teens growth in Marketplace and other revenue. Free cash flow is expected to improve year-over-year, supported by tax legislation benefits and disciplined cost management.

No major M&A activity or C-level executive changes were reported by LiveRamp in the three weeks following its Q1 2026 earnings release. Additionally, there were no announced buyback or dividend initiatives during this period. The company remains focused on its core growth strategies and operational improvements rather than external acquisitions or shareholder payout programs.