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Side-by-side financial comparison of Innovex International, Inc. (INVX) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.
Innovex International, Inc. is the larger business by last-quarter revenue ($273.6M vs $212.2M, roughly 1.3× LiveRamp Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 5.1%, a 13.7% gap on every dollar of revenue. On growth, Innovex International, Inc. posted the faster year-over-year revenue change (9.1% vs 8.6%). Over the past eight quarters, Innovex International, Inc.'s revenue compounded faster (46.2% CAGR vs 11.1%).
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.
INVX vs RAMP — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $273.6M | $212.2M |
| Net Profit | $14.0M | $39.9M |
| Gross Margin | 28.9% | 71.9% |
| Operating Margin | 9.4% | 18.6% |
| Net Margin | 5.1% | 18.8% |
| Revenue YoY | 9.1% | 8.6% |
| Net Profit YoY | -56.1% | 255.7% |
| EPS (diluted) | $0.20 | $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.
| Q4 25 | $273.6M | $212.2M | ||
| Q3 25 | $240.0M | $199.8M | ||
| Q2 25 | $224.2M | $194.8M | ||
| Q1 25 | $240.4M | $188.7M | ||
| Q4 24 | $250.7M | $195.4M | ||
| Q3 24 | $151.8M | $185.5M | ||
| Q2 24 | $130.3M | $176.0M | ||
| Q1 24 | $128.0M | $171.9M |
| Q4 25 | $14.0M | $39.9M | ||
| Q3 25 | $39.2M | $27.4M | ||
| Q2 25 | $15.3M | $7.7M | ||
| Q1 25 | $14.8M | $-6.3M | ||
| Q4 24 | $31.8M | $11.2M | ||
| Q3 24 | $82.6M | $1.7M | ||
| Q2 24 | $9.5M | $-7.5M | ||
| Q1 24 | $16.4M | $-5.4M |
| Q4 25 | 28.9% | 71.9% | ||
| Q3 25 | 31.6% | 70.2% | ||
| Q2 25 | 32.0% | 70.1% | ||
| Q1 25 | 31.8% | 69.3% | ||
| Q4 24 | 33.9% | 71.9% | ||
| Q3 24 | 34.7% | 72.4% | ||
| Q2 24 | 35.3% | 70.6% | ||
| Q1 24 | 38.4% | 72.2% |
| Q4 25 | 9.4% | 18.6% | ||
| Q3 25 | 26.0% | 10.7% | ||
| Q2 25 | 10.1% | 3.7% | ||
| Q1 25 | 9.1% | -6.1% | ||
| Q4 24 | 10.7% | 7.5% | ||
| Q3 24 | -8.7% | 4.0% | ||
| Q2 24 | 10.0% | -3.0% | ||
| Q1 24 | 17.4% | -8.3% |
| Q4 25 | 5.1% | 18.8% | ||
| Q3 25 | 16.3% | 13.7% | ||
| Q2 25 | 6.8% | 4.0% | ||
| Q1 25 | 6.1% | -3.3% | ||
| Q4 24 | 12.7% | 5.7% | ||
| Q3 24 | 54.4% | 0.9% | ||
| Q2 24 | 7.3% | -4.3% | ||
| Q1 24 | 12.8% | -3.1% |
| Q4 25 | $0.20 | $0.62 | ||
| Q3 25 | $0.57 | $0.42 | ||
| Q2 25 | $0.22 | $0.12 | ||
| Q1 25 | $0.21 | $-0.10 | ||
| Q4 24 | $-0.03 | $0.17 | ||
| Q3 24 | $1.99 | $0.03 | ||
| Q2 24 | $0.30 | $-0.11 | ||
| Q1 24 | $0.51 | $-0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $403.4M |
| Total DebtLower is stronger | $18.9M | — |
| Stockholders' EquityBook value | $1.1B | $962.3M |
| Total Assets | $1.3B | $1.3B |
| Debt / EquityLower = less leverage | 0.02× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $403.4M | ||
| Q3 25 | — | $376.9M | ||
| Q2 25 | — | $371.1M | ||
| Q1 25 | — | $420.8M | ||
| Q4 24 | — | $384.3M | ||
| Q3 24 | — | $348.4M | ||
| Q2 24 | $185.6M | $342.7M | ||
| Q1 24 | $202.2M | $368.9M |
| Q4 25 | $18.9M | — | ||
| Q3 25 | $20.1M | — | ||
| Q2 25 | $34.8M | — | ||
| Q1 25 | $19.7M | — | ||
| Q4 24 | $24.9M | — | ||
| Q3 24 | $12.4M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.1B | $962.3M | ||
| Q3 25 | $1.0B | $943.8M | ||
| Q2 25 | $995.6M | $947.8M | ||
| Q1 25 | $978.4M | $948.9M | ||
| Q4 24 | $958.2M | $957.7M | ||
| Q3 24 | $904.4M | $932.1M | ||
| Q2 24 | $352.5M | $951.9M | ||
| Q1 24 | $344.3M | $949.1M |
| Q4 25 | $1.3B | $1.3B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.1B | $1.2B | ||
| Q2 24 | $1.0B | $1.2B | ||
| Q1 24 | $1.0B | $1.2B |
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.02× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.02× | — | ||
| Q4 24 | 0.03× | — | ||
| Q3 24 | 0.01× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $52.2M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | 3.74× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $52.2M | — | ||
| Q3 25 | $48.4M | $57.4M | ||
| Q2 25 | $59.2M | $-15.8M | ||
| Q1 25 | $31.1M | — | ||
| Q4 24 | $36.3M | $45.1M | ||
| Q3 24 | $21.7M | $55.6M | ||
| Q2 24 | $22.8M | $-9.3M | ||
| Q1 24 | $12.6M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $56.8M | ||
| Q2 25 | — | $-16.2M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $44.8M | ||
| Q3 24 | — | $55.4M | ||
| Q2 24 | $16.6M | $-9.6M | ||
| Q1 24 | $7.8M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 28.4% | ||
| Q2 25 | — | -8.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 22.9% | ||
| Q3 24 | — | 29.8% | ||
| Q2 24 | 12.7% | -5.4% | ||
| Q1 24 | 6.1% | — |
| 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 | 4.7% | 0.1% | ||
| Q1 24 | 3.7% | 1.0% |
| Q4 25 | 3.74× | — | ||
| Q3 25 | 1.23× | 2.09× | ||
| Q2 25 | 3.86× | -2.04× | ||
| Q1 25 | 2.11× | — | ||
| Q4 24 | 1.14× | 4.02× | ||
| Q3 24 | 0.26× | 32.10× | ||
| Q2 24 | 2.39× | — | ||
| Q1 24 | 0.77× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INVX
| Products | $202.7M | 74% |
| Leasing | $42.3M | 15% |
| Services | $28.6M | 10% |
RAMP
Segment breakdown not available.
