Filing Flows › LiveRamp Holdings (RAMP) › Q1 FY27
LiveRamp Holdings (RAMP) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 5, 2026
LiveRamp Holdings (RAMP) reported revenue of $214M for the first quarter fiscal 2027 (Q1 FY27), +10% from a year earlier and +4% from the quarter before. Operating margin was 9.4%, net earnings $17.5M (8.2% of revenue).
LiveRamp Holdings, Q1 FY27: revenue $214M (+10% year over year), operating margin 9.4%, net earnings $17.5M, operating cash flow $17.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $214M | +4% | +10% |
| Gross profit | $151M | +4% | +11% |
| Operating profit | $20.2M | +32% | +179% |
| Net earnings | $17.5M | -75% | +126% |
| Operating cash flow | $17.0M | -71% | — |
| Free cash flow | $16.3M | — | — |
What changed
Revenue was $214.0M in Q1 FY27, up 10% year over year and up 4% from the previous quarter. Subscription was the largest line at 75% of revenue. Subscription added $12.0M year over year (up 8%), 63% of the total change.
Gross margin was 70.5%, up 0.5 points from Q1 FY26. Operating profit was $20.2M, a 9.4% margin (up 5.7 points year over year). Of the extra revenue versus Q1 FY26, 68% reached operating profit, above the 4% margin then. Operating expenses grew 1% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+1452%). Net earnings were $17.5M, up 126% year over year. The effective tax rate was 24.7%.
Operating cash flow was $17.0M, 97% of net earnings. Non-cash charges added back $3.3M of depreciation and amortization and $20.9M of share-based compensation. Working capital and other items used $24.8M. After capital expenditures ($703K), free cash flow as the company reports it was $16.3M.
Questions
What was LiveRamp Holdings' revenue in the first quarter fiscal 2027?
LiveRamp Holdings (RAMP) reported revenue of $214M for the first quarter fiscal 2027 (Q1 FY27), +10% from a year earlier and +4% from the quarter before.
Was LiveRamp Holdings profitable in the first quarter fiscal 2027?
Operating profit was $20.2M (9.4% of revenue) and net earnings $17.5M.
Source: LiveRamp Holdings 10-Q on SEC EDGAR.