Liveramp Holdings, Inc. · NYSE:RAMP
Liveramp — Q4 2025 Earnings Presentation
19 slides from Liveramp's earnings presentation, May 21, 2025
Slide 1: Q4 FY25 Earnings Slides
Q4 FY25 Earnings Slides May 21, 2025
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, regarding LiveRamp’s (the "Company“) future busin
Slide 3: Use of Non-GAAP Information
Use of Non-GAAP Information The Company reports all financial information required in accordance with U.S. generally accepted accounting principles (“GAAP”). The Company believes, however, that evaluating its ongoing operating results will be enhanced if it also discloses certain non-GAAP information
Slide 4: Financial Highlights
Financial Highlights Q4 FY25 Predictable, Recurring Revenue Strong KPIs Retention Rates $504M 76% $710M 128 104% 106% 8% YoY Growth Proportion Remaining Customers with Subscription Net Platform Net Annual Recurring of Revenue from Performance $1M+ annualized Retention 6 Retention 7 Revenue (ARR) 1 S
Slide 5: Summary Financial Results
GAAP Non-GAAP 3 Q425 YoY Q425 YoY Revenue $189 10% $189 10% Summary Gross Profit $131 5% $136 5% Financial Results Gross Margin 69% (3pts) 72% (3pts) $M, except per share amounts Operating Income ($12) 19% $23 43% (Loss) Operating Margin (6%) 2pts 12% 3pts Net Earnings (Loss) ($6) (17%) $20 16% EPS (
Slide 6: Revenue Summary
Revenue by Type Q425 Q424 YoY Subscription $145 $134 9% Marketplace $44 $38 14% & Other Revenue Summary Total $189 $172 10% $M Revenue by Geography Q425 Q424 YoY US $178 $162 10% International 5 $11 $10 6% Total $189 $172 10% Totals may not foot due to rounding. © 2025 LiveRamp. All rights reserved.
Slide 7: Free Cash Flow
Q425 Q424 Free Cash Flow Operating Cash Flow $63 $28 $M, Non-GAAP Capital Expenditures ($0) ($2) Free Cash Flow $62 $26 Totals may not foot due to rounding. © 2025 LiveRamp. All rights reserved. 7
Slide 8: Key Growth Metrics
Key Growth Metrics $M 1 Subscription Net Retention 6 3 ARR Growth 1 Q424 Q125 Q225 Q325 Q425 Q424 Q125 Q225 Q325 Q425 Subscription ARR $467 $478 $483 $491 $504 103% 105% 107% 108% 104% Net Retention (SNR) YoY % 10% 12% 13% 10% 8% 2 Platform Net Retention 7 4 TTM Marketplace Revenue Growth Q424 Q125
Slide 9: Revenue Detail
Subscription Revenue: Q424 Q125 Q225 Q325 Q425 Fixed % of Total Subscription 86% 88% 84% 84% 85% Usage % of Total Subscription 14% 12% 16% 16% 15% Total Subscription Revenue $134 $135 $143 $146 $145 YoY growth 11% 11% 14% 10% 9% Revenue Detail Marketplace & Other Revenue: $M Data Marketplace $30 $32
Slide 10: Remaining Performance Obligations (RPO)
Remaining Performance Obligations (RPO) 8 $M $710 (up 25% YoY) $546 $566 $579 $536 $504 239 Non-Current 152 145 164 138 130 471 Current 414 398 434 382 374 (up 14% YoY) Q324 Q424 Q125 Q225 Q325 Q425 Totals may not foot due to rounding. See slide 18 for footnote definitions 10
Slide 11: Outlook
Outlook /L
Slide 12: Q1 & FY26 Outlook
Q1 & FY26 Outlook Q1 FY26 Other Items (~$M) FY26 ($M) Ongoing Stock-based Comp $70 Revenue $191 $787-$817 Acquisition-related Stock-based Comp $13 YoY Growth 9% 6%-10% Total Stock-based Comp $82 YoY (24%) GAAP Operating Income $6 $85-$89 Share Count (Basic) 65 Non-GAAP Operating $33 $178-$182 Income
Slide 13: YoY Growth Assumptions
FY26 Revenue Guidance Range YoY Growth Low High Assumptions $787M $817M Subscription Mid-Single Digits High-Single Digits Marketplace & Other High-Single Digits Mid-Teens Total Revenue 6% 10% © 2025 LiveRamp. All rights reserved. 13
Slide 14: Appendix
Appendix /L
Slide 15: Network Scale
Network Scale Global North America EU LATAM APAC Interoperable PAIR 500+ Ecosystem More than 92% of US Scale Partners consumer time spent online Multi-Channel Open Exchange Private Marketplace Direct Walled Garden CTV MarTech Higher Conversion At Scale & Effective Higher ROAS Rate Built with the Not
Slide 16: Customer Success Stories
Customer Success Stories ILLUSTRATIVE CASE STUDIES Omni Hotels & Resorts: Improves Advertising Eli Lilly: Harnesses First-Party Data to Transform Effectiveness by 4x Through Data Collaboration Its Customer Experience Albertsons Media Collective: Delivers stronger Pinterest: Demonstrates Business Val
Slide 17: GAAP to Non-GAAP Schedules and Metrics
GAAP to Non-GAAP Schedules and Metrics GAAP to Non-GAAP Trended Schedules, Reconciliations, EBITDA and EPS metrics are presented on our investor relations website: https://investors.liveramp.com/financial -information/quarterly-results © 2025 LiveRamp. All rights reserved. 17
Slide 18: Footnotes
Footnotes 1 Annualized Recurring Revenue (“ARR”) is defined as the last month of quarter fixed subscription revenue annualized and does not include any variable or non-recurring revenue amounts. This metric is forward looking and does not factor in potential contraction, nor does it include potential
Slide 19: Thank You
Thank You /L