LiveRamp Reports Strong Q3 Results with 169% GAAP Operating Income Growth, Record Margins, and $119M YTD Share Repurchases
RAMP is trading near its 52-week low of $21.71 (6.9% above the low).
Summary
LiveRamp reported strong Q3 FY26 financial results, with significant growth in operating income and record operating margins, alongside substantial share repurchases and strategic advancements in AI and partnerships.
Key Events · Earnings and Guidance · RAMP
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Strong Q3 Financial Performance
Total revenue increased 9% to $212 million. GAAP operating income surged 169% to $40 million, and Non-GAAP operating income rose 36% to $62 million, both ahead of expectations.
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Record Profitability and Cash Flow
The company achieved record quarterly GAAP operating margin of 19% (up 11 percentage points) and Non-GAAP operating margin of 29% (up 6 percentage points), along with record operating cash flow of $67 million.
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Significant Share Repurchases
LiveRamp repurchased 1.4 million shares for $39 million in Q3, bringing fiscal year-to-date share repurchases to 4.3 million shares for a total of $119 million.
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Strategic AI and Partnership Growth
Notable progress was made with new AI tools in the Data Marketplace, expanded AI partnerships, and a strategic partnership with Publicis and Uber Advertising.
Analysis · RAMP · Technology
LiveRamp Holdings, Inc. delivered a robust third quarter, significantly exceeding prior year performance across key financial metrics. The substantial increase in GAAP operating income and record operating margins demonstrate improved operational efficiency and profitability. The company's strategic initiatives in AI and expanded partnerships with major players like Publicis and Uber Advertising indicate strong future growth drivers. Furthermore, the significant share repurchases, totaling $119 million fiscal year-to-date, signal strong management confidence and a commitment to returning capital to shareholders, which is a highly positive indicator for investors.
At the time of this filing, RAMP was trading at $23.20 on NYSE in the Technology sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $21.71 to $36.08. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.