LiveRamp Q1 revenue rises on AI initiatives, OpenAI and Adobe partnerships

Liveramp Holdings

05/08/2026 21:51

Overview
Data collaboration platform's Q1 revenue grew 10% yr/yr to $214 mln
Adjusted operating income for Q1 rose 41% yr/yr to $50 mln
Company repurchased 0.6 mln shares for $18 mln in Q1

Outlook
LiveRamp declines to provide financial guidance due to pending Publicis Groupe transaction

Result Drivers
AI AND AGENTIC INITIATIVES - Co said progress with AI and agentic initiatives, including launch of Agent Builders Lab and partnerships with OpenAI, Databricks and Adobe, contributed to results
SUBSCRIPTION AND MARKETPLACE GROWTH - Subscription revenue rose 8% yr/yr and Marketplace & Other revenue grew 15% yr/yr, supporting overall revenue growth
LARGE CUSTOMER EXPANSION - Number of customers with annualized subscription revenue over $1 mln increased to 132 from 127 yr/yr

Company press release: ID:nGNX4LTsQY

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$214 mln
$211.45 mln (2 Analysts)
Q1 Adjusted Operating Income
Beat
$50 mln
$44.66 mln (2 Analysts)
Q1 Adjusted Gross Margin
 
72%
 
Q1 Operating Income
 
$20 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Liveramp Holdings Inc is $38.50, about 1.7% above its August 4 closing price of $37.86
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

Reuters Recommended Reads
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Aug 4 - Teradata Q2 revenue flat but beats estimates, EPS rises

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)