LiveRamp Q3 revenue rises

Liveramp Holdings

05/02/2026 21:15

Overview

Data collaboration platform's Q3 revenue rose 9%, slightly beating analyst expectations

Adjusted operating income for Q3 beat analyst estimates

Company repurchased $119 mln worth of shares fiscal YTD

Outlook

LiveRamp expects Q4 revenue between $203 mln and $207 mln, up 8% to 10%

Company forecasts fiscal 2026 revenue between $810 mln and $814 mln, up 9%

LiveRamp anticipates fiscal 2026 non-GAAP operating income of approximately $180 mln

Result Drivers

AI TOOLS AND PARTNERSHIPS - Debut of new AI tools in Data Marketplace and expanded partnership with Publicis contributed to growth

OPERATING INCOME AND MARGINS - Record operating margin and cash flow driven by cost management and strategic initiatives

SHARE REPURCHASES - Fiscal YTD share repurchases totaled $119 mln, impacting financial metrics

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$212 mln
$211.50 mln (6 Analysts)
Q3 Adjusted Operating Income
Beat
$62 mln
$56.20 mln (6 Analysts)
Q3 Adjusted Gross Margin
74%
Q3 Operating Income
$40 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 $37.00, about 62.2% above its February 4 closing price of $22.81

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nGNX6PmYT

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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.)