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

LiveRamp Holdings, Inc. is the larger business by last-quarter revenue ($212.2M vs $203.6M, roughly 1.0× Cricut, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 3.8%, a 15.0% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs -2.7%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% CAGR vs 10.3%).

Cricut, Inc. is an American brand of cutting plotters, or computer-controlled cutting machines, designed for home crafters. The machines are used for cutting paper, felt, vinyl, fabric and other materials such as leather, matboard, and wood.

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.

CRCT vs RAMP — Head-to-Head

Bigger by revenue
RAMP
RAMP
1.0× larger
RAMP
$212.2M
$203.6M
CRCT
Growing faster (revenue YoY)
RAMP
RAMP
+11.3% gap
RAMP
8.6%
-2.7%
CRCT
Higher net margin
RAMP
RAMP
15.0% more per $
RAMP
18.8%
3.8%
CRCT
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
10.3%
CRCT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CRCT
CRCT
RAMP
RAMP
Revenue
$203.6M
$212.2M
Net Profit
$7.8M
$39.9M
Gross Margin
47.4%
71.9%
Operating Margin
6.8%
18.6%
Net Margin
3.8%
18.8%
Revenue YoY
-2.7%
8.6%
Net Profit YoY
-34.7%
255.7%
EPS (diluted)
$0.03
$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
CRCT
CRCT
RAMP
RAMP
Q4 25
$203.6M
$212.2M
Q3 25
$170.4M
$199.8M
Q2 25
$172.1M
$194.8M
Q1 25
$162.6M
$188.7M
Q4 24
$209.3M
$195.4M
Q3 24
$167.9M
$185.5M
Q2 24
$167.9M
$176.0M
Q1 24
$167.4M
$171.9M
Net Profit
CRCT
CRCT
RAMP
RAMP
Q4 25
$7.8M
$39.9M
Q3 25
$20.5M
$27.4M
Q2 25
$24.5M
$7.7M
Q1 25
$23.9M
$-6.3M
Q4 24
$11.9M
$11.2M
Q3 24
$11.5M
$1.7M
Q2 24
$19.8M
$-7.5M
Q1 24
$19.6M
$-5.4M
Gross Margin
CRCT
CRCT
RAMP
RAMP
Q4 25
47.4%
71.9%
Q3 25
55.2%
70.2%
Q2 25
59.0%
70.1%
Q1 25
60.5%
69.3%
Q4 24
44.9%
71.9%
Q3 24
46.1%
72.4%
Q2 24
53.5%
70.6%
Q1 24
54.7%
72.2%
Operating Margin
CRCT
CRCT
RAMP
RAMP
Q4 25
6.8%
18.6%
Q3 25
13.3%
10.7%
Q2 25
17.5%
3.7%
Q1 25
18.0%
-6.1%
Q4 24
6.6%
7.5%
Q3 24
6.3%
4.0%
Q2 24
15.7%
-3.0%
Q1 24
15.1%
-8.3%
Net Margin
CRCT
CRCT
RAMP
RAMP
Q4 25
3.8%
18.8%
Q3 25
12.0%
13.7%
Q2 25
14.2%
4.0%
Q1 25
14.7%
-3.3%
Q4 24
5.7%
5.7%
Q3 24
6.8%
0.9%
Q2 24
11.8%
-4.3%
Q1 24
11.7%
-3.1%
EPS (diluted)
CRCT
CRCT
RAMP
RAMP
Q4 25
$0.03
$0.62
Q3 25
$0.10
$0.42
Q2 25
$0.11
$0.12
Q1 25
$0.11
$-0.10
Q4 24
$0.06
$0.17
Q3 24
$0.05
$0.03
Q2 24
$0.09
$-0.11
Q1 24
$0.09
$-0.09

Balance Sheet & Financial Strength

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

Metric
CRCT
CRCT
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$275.6M
$403.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$343.6M
$962.3M
Total Assets
$580.8M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRCT
CRCT
RAMP
RAMP
Q4 25
$275.6M
$403.4M
Q3 25
$207.1M
$376.9M
Q2 25
$376.9M
$371.1M
Q1 25
$356.7M
$420.8M
Q4 24
$336.9M
$384.3M
Q3 24
$246.9M
$348.4M
Q2 24
$299.5M
$342.7M
Q1 24
$281.7M
$368.9M
Stockholders' Equity
CRCT
CRCT
RAMP
RAMP
Q4 25
$343.6M
$962.3M
Q3 25
$358.4M
$943.8M
Q2 25
$308.9M
$947.8M
Q1 25
$490.2M
$948.9M
Q4 24
$466.8M
$957.7M
Q3 24
$475.8M
$932.1M
Q2 24
$448.5M
$951.9M
Q1 24
$552.6M
$949.1M
Total Assets
CRCT
CRCT
RAMP
RAMP
Q4 25
$580.8M
$1.3B
Q3 25
$564.3M
$1.2B
Q2 25
$721.5M
$1.2B
Q1 25
$681.7M
$1.3B
Q4 24
$693.0M
$1.3B
Q3 24
$663.8M
$1.2B
Q2 24
$742.1M
$1.2B
Q1 24
$723.7M
$1.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRCT
CRCT
RAMP
RAMP
Operating Cash FlowLast quarter
$82.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
10.58×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRCT
CRCT
RAMP
RAMP
Q4 25
$82.4M
Q3 25
$20.5M
$57.4M
Q2 25
$36.2M
$-15.8M
Q1 25
$61.2M
Q4 24
$103.1M
$45.1M
Q3 24
$70.2M
$55.6M
Q2 24
$35.0M
$-9.3M
Q1 24
$56.7M
Free Cash Flow
CRCT
CRCT
RAMP
RAMP
Q4 25
Q3 25
$56.8M
Q2 25
$-16.2M
Q1 25
Q4 24
$44.8M
Q3 24
$55.4M
Q2 24
$-9.6M
Q1 24
FCF Margin
CRCT
CRCT
RAMP
RAMP
Q4 25
Q3 25
28.4%
Q2 25
-8.3%
Q1 25
Q4 24
22.9%
Q3 24
29.8%
Q2 24
-5.4%
Q1 24
Capex Intensity
CRCT
CRCT
RAMP
RAMP
Q4 25
0.1%
Q3 25
0.3%
Q2 25
0.2%
Q1 25
0.2%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
1.0%
Cash Conversion
CRCT
CRCT
RAMP
RAMP
Q4 25
10.58×
Q3 25
1.00×
2.09×
Q2 25
1.48×
-2.04×
Q1 25
2.56×
Q4 24
8.64×
4.02×
Q3 24
6.11×
32.10×
Q2 24
1.77×
Q1 24
2.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRCT
CRCT

Platform$83.9M41%
Connected Machines$65.2M32%
Accessories And Materials$54.4M27%

RAMP
RAMP

Segment breakdown not available.

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