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Side-by-side financial comparison of Clearwater Paper Corp (CLW) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.

Clearwater Paper Corp is the larger business by last-quarter revenue ($360.3M vs $212.2M, roughly 1.7× LiveRamp Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs -3.6%, a 22.3% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs -4.7%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% CAGR vs 2.3%).

Clearwater Paper Corporation is an American pulp and paperboard manufacturer. The company was created on December 9, 2008, via a spin-off from Potlatch Corporation and is headquartered in Spokane, Washington.

LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

CLW vs RAMP — Head-to-Head

Bigger by revenue
CLW
CLW
1.7× larger
CLW
$360.3M
$212.2M
RAMP
Growing faster (revenue YoY)
RAMP
RAMP
+13.3% gap
RAMP
8.6%
-4.7%
CLW
Higher net margin
RAMP
RAMP
22.3% more per $
RAMP
18.8%
-3.6%
CLW
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
2.3%
CLW

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
CLW
CLW
RAMP
RAMP
Revenue
$360.3M
$212.2M
Net Profit
$-12.8M
$39.9M
Gross Margin
-0.2%
71.9%
Operating Margin
18.6%
Net Margin
-3.6%
18.8%
Revenue YoY
-4.7%
8.6%
Net Profit YoY
-103.2%
255.7%
EPS (diluted)
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLW
CLW
RAMP
RAMP
Q1 26
$360.3M
Q4 25
$386.4M
$212.2M
Q3 25
$399.0M
$199.8M
Q2 25
$391.8M
$194.8M
Q1 25
$378.2M
$188.7M
Q4 24
$387.1M
$195.4M
Q3 24
$393.3M
$185.5M
Q2 24
$344.4M
$176.0M
Net Profit
CLW
CLW
RAMP
RAMP
Q1 26
$-12.8M
Q4 25
$38.3M
$39.9M
Q3 25
$-53.3M
$27.4M
Q2 25
$2.7M
$7.7M
Q1 25
$-6.3M
$-6.3M
Q4 24
$199.1M
$11.2M
Q3 24
$5.8M
$1.7M
Q2 24
$-25.8M
$-7.5M
Gross Margin
CLW
CLW
RAMP
RAMP
Q1 26
-0.2%
Q4 25
4.5%
71.9%
Q3 25
4.7%
70.2%
Q2 25
11.0%
70.1%
Q1 25
9.7%
69.3%
Q4 24
3.8%
71.9%
Q3 24
7.7%
72.4%
Q2 24
-0.6%
70.6%
Operating Margin
CLW
CLW
RAMP
RAMP
Q1 26
Q4 25
1.9%
18.6%
Q3 25
-13.9%
10.7%
Q2 25
2.5%
3.7%
Q1 25
-1.1%
-6.1%
Q4 24
-4.0%
7.5%
Q3 24
-0.3%
4.0%
Q2 24
-13.6%
-3.0%
Net Margin
CLW
CLW
RAMP
RAMP
Q1 26
-3.6%
Q4 25
9.9%
18.8%
Q3 25
-13.4%
13.7%
Q2 25
0.7%
4.0%
Q1 25
-1.7%
-3.3%
Q4 24
51.4%
5.7%
Q3 24
1.5%
0.9%
Q2 24
-7.5%
-4.3%
EPS (diluted)
CLW
CLW
RAMP
RAMP
Q1 26
Q4 25
$2.36
$0.62
Q3 25
$-3.30
$0.42
Q2 25
$0.17
$0.12
Q1 25
$-0.38
$-0.10
Q4 24
$11.87
$0.17
Q3 24
$0.35
$0.03
Q2 24
$-1.55
$-0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLW
CLW
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$36.5M
$403.4M
Total DebtLower is stronger
$361.1M
Stockholders' EquityBook value
$813.8M
$962.3M
Total Assets
$1.6B
$1.3B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLW
CLW
RAMP
RAMP
Q1 26
$36.5M
Q4 25
$30.7M
$403.4M
Q3 25
$34.4M
$376.9M
Q2 25
$46.7M
$371.1M
Q1 25
$44.0M
$420.8M
Q4 24
$79.6M
$384.3M
Q3 24
$35.5M
$348.4M
Q2 24
$39.6M
$342.7M
Total Debt
CLW
CLW
RAMP
RAMP
Q1 26
$361.1M
Q4 25
$346.8M
Q3 25
$337.0M
Q2 25
$330.1M
Q1 25
Q4 24
$283.4M
Q3 24
$1.2B
Q2 24
$1.1B
Stockholders' Equity
CLW
CLW
RAMP
RAMP
Q1 26
$813.8M
Q4 25
$825.3M
$962.3M
Q3 25
$783.0M
$943.8M
Q2 25
$836.8M
$947.8M
Q1 25
$836.6M
$948.9M
Q4 24
$854.6M
$957.7M
Q3 24
$664.6M
$932.1M
Q2 24
$658.6M
$951.9M
Total Assets
CLW
CLW
RAMP
RAMP
Q1 26
$1.6B
Q4 25
$1.6B
$1.3B
Q3 25
$1.6B
$1.2B
Q2 25
$1.6B
$1.2B
Q1 25
$1.6B
$1.3B
Q4 24
$1.7B
$1.3B
Q3 24
$2.5B
$1.2B
Q2 24
$2.5B
$1.2B
Debt / Equity
CLW
CLW
RAMP
RAMP
Q1 26
0.44×
Q4 25
0.42×
Q3 25
0.43×
Q2 25
0.39×
Q1 25
Q4 24
0.33×
Q3 24
1.73×
Q2 24
1.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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