Drew Borst
Vice President of Investor Relations
Replay available
LiveRamp Holdings, Inc. (NYSE: RAMP) Q4 2025 earnings conference call, held 2025-05-21. Replay captured from the company's public earnings webcast.

Vice President of Investor Relations
CEO
CFO
Analyst, Susquehanna
Analyst, Morgan Stanley
Analyst, Capital Group (Craig Hallam)
Analyst, Evercore ISI (asking on behalf of Kirk Matoran)
Analyst, Benchmark
Analyst, Wells Fargo
Good afternoon, ladies and gentlemen, and welcome to LiveRamp's Fiscal 2025 Fourth Quarter Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. Thank you. As a reminder, this conference call is being recorded. I would now like to turn the call over to your host, Drew Borst, Vice President of Investor Relations. Thank you, operator. Good afternoon, everyone, and thank you for joining our Fiscal 2025 Fourth Quarter Earnings Call. With me today are Scott Howe, our CEO, and Lauren Dillard, our CFO. Today's press release in this call may contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially. For a detailed description of these risks, please read the risk factors section of our public Eilings and the press release. A copy of our press release and financial schedules, including any reconciliations to non-GAAP financial measures, is available at .LiveRamp.com. Also, during the call today, we'll be referring to the slide deck that is also available on our IR website. With that, I'll turn the call over to Scott. Thanks, Drew, and thank you to everyone joining us today. We had a strong financial performance in Q4. We beat on the top and bottom line. For the fifth consecutive quarter, revenue increased by a double-digit rate. The operating margin expanded by three points, driving 43% growth in operating income, and we had a record-free cash flow quarter. These in my view are the standout achievements in the quar...