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Side-by-side financial comparison of iRhythm Holdings, Inc. (IRTC) 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 $208.9M, roughly 1.0× iRhythm Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 2.7%, a 16.1% gap on every dollar of revenue. On growth, iRhythm Holdings, Inc. posted the faster year-over-year revenue change (27.1% vs 8.6%). Over the past eight quarters, iRhythm Holdings, Inc.'s revenue compounded faster (25.8% CAGR vs 11.1%).

iRhythm Holdings is a digital healthcare company focused on cardiac care, developing and commercializing wearable ambulatory heart monitoring devices paired with AI-powered analytical tools. It primarily serves healthcare providers and patients across the United States, helping to detect undiagnosed arrhythmias such as atrial fibrillation through convenient long-term heart rhythm tracking that delivers actionable clinical insights.

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.

IRTC vs RAMP — Head-to-Head

Bigger by revenue
RAMP
RAMP
1.0× larger
RAMP
$212.2M
$208.9M
IRTC
Growing faster (revenue YoY)
IRTC
IRTC
+18.5% gap
IRTC
27.1%
8.6%
RAMP
Higher net margin
RAMP
RAMP
16.1% more per $
RAMP
18.8%
2.7%
IRTC
Faster 2-yr revenue CAGR
IRTC
IRTC
Annualised
IRTC
25.8%
11.1%
RAMP

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
IRTC
IRTC
RAMP
RAMP
Revenue
$208.9M
$212.2M
Net Profit
$5.6M
$39.9M
Gross Margin
70.9%
71.9%
Operating Margin
1.1%
18.6%
Net Margin
2.7%
18.8%
Revenue YoY
27.1%
8.6%
Net Profit YoY
518.5%
255.7%
EPS (diluted)
$0.18
$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
IRTC
IRTC
RAMP
RAMP
Q4 25
$208.9M
$212.2M
Q3 25
$192.9M
$199.8M
Q2 25
$186.7M
$194.8M
Q1 25
$158.7M
$188.7M
Q4 24
$164.3M
$195.4M
Q3 24
$147.5M
$185.5M
Q2 24
$148.0M
$176.0M
Q1 24
$131.9M
$171.9M
Net Profit
IRTC
IRTC
RAMP
RAMP
Q4 25
$5.6M
$39.9M
Q3 25
$-5.2M
$27.4M
Q2 25
$-14.2M
$7.7M
Q1 25
$-30.7M
$-6.3M
Q4 24
$-1.3M
$11.2M
Q3 24
$-46.2M
$1.7M
Q2 24
$-20.1M
$-7.5M
Q1 24
$-45.7M
$-5.4M
Gross Margin
IRTC
IRTC
RAMP
RAMP
Q4 25
70.9%
71.9%
Q3 25
71.1%
70.2%
Q2 25
71.2%
70.1%
Q1 25
68.8%
69.3%
Q4 24
70.0%
71.9%
Q3 24
68.8%
72.4%
Q2 24
69.9%
70.6%
Q1 24
66.3%
72.2%
Operating Margin
IRTC
IRTC
RAMP
RAMP
Q4 25
1.1%
18.6%
Q3 25
-4.4%
10.7%
Q2 25
-10.0%
3.7%
Q1 25
-20.5%
-6.1%
Q4 24
-2.5%
7.5%
Q3 24
-34.1%
4.0%
Q2 24
-15.5%
-3.0%
Q1 24
-28.9%
-8.3%
Net Margin
IRTC
IRTC
RAMP
RAMP
Q4 25
2.7%
18.8%
Q3 25
-2.7%
13.7%
Q2 25
-7.6%
4.0%
Q1 25
-19.3%
-3.3%
Q4 24
-0.8%
5.7%
Q3 24
-31.3%
0.9%
Q2 24
-13.6%
-4.3%
Q1 24
-34.6%
-3.1%
EPS (diluted)
IRTC
IRTC
RAMP
RAMP
Q4 25
$0.18
$0.62
Q3 25
$-0.16
$0.42
Q2 25
$-0.44
$0.12
Q1 25
$-0.97
$-0.10
Q4 24
$-0.03
$0.17
Q3 24
$-1.48
$0.03
Q2 24
$-0.65
$-0.11
Q1 24
$-1.47
$-0.09

Balance Sheet & Financial Strength

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

Metric
IRTC
IRTC
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$583.8M
$403.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$152.7M
$962.3M
Total Assets
$1.0B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRTC
IRTC
RAMP
RAMP
Q4 25
$583.8M
$403.4M
Q3 25
$565.2M
$376.9M
Q2 25
$545.5M
$371.1M
Q1 25
$520.6M
$420.8M
Q4 24
$535.6M
$384.3M
Q3 24
$522.0M
$348.4M
Q2 24
$561.5M
$342.7M
Q1 24
$569.1M
$368.9M
Stockholders' Equity
IRTC
IRTC
RAMP
RAMP
Q4 25
$152.7M
$962.3M
Q3 25
$121.9M
$943.8M
Q2 25
$103.7M
$947.8M
Q1 25
$86.7M
$948.9M
Q4 24
$90.9M
$957.7M
Q3 24
$71.8M
$932.1M
Q2 24
$99.2M
$951.9M
Q1 24
$90.3M
$949.1M
Total Assets
IRTC
IRTC
RAMP
RAMP
Q4 25
$1.0B
$1.3B
Q3 25
$995.2M
$1.2B
Q2 25
$964.0M
$1.2B
Q1 25
$926.1M
$1.3B
Q4 24
$931.4M
$1.3B
Q3 24
$909.7M
$1.2B
Q2 24
$919.2M
$1.2B
Q1 24
$909.8M
$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
IRTC
IRTC
RAMP
RAMP
Operating Cash FlowLast quarter
$26.2M
Free Cash FlowOCF − Capex
$14.5M
FCF MarginFCF / Revenue
6.9%
Capex IntensityCapex / Revenue
5.6%
0.1%
Cash ConversionOCF / Net Profit
4.70×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRTC
IRTC
RAMP
RAMP
Q4 25
$26.2M
Q3 25
$34.9M
$57.4M
Q2 25
$27.7M
$-15.8M
Q1 25
$-7.9M
Q4 24
$19.2M
$45.1M
Q3 24
$24.3M
$55.6M
Q2 24
$11.8M
$-9.3M
Q1 24
$-52.0M
Free Cash Flow
IRTC
IRTC
RAMP
RAMP
Q4 25
$14.5M
Q3 25
$20.1M
$56.8M
Q2 25
$17.3M
$-16.2M
Q1 25
$-17.3M
Q4 24
$12.4M
$44.8M
Q3 24
$15.5M
$55.4M
Q2 24
$3.4M
$-9.6M
Q1 24
$-61.8M
FCF Margin
IRTC
IRTC
RAMP
RAMP
Q4 25
6.9%
Q3 25
10.4%
28.4%
Q2 25
9.3%
-8.3%
Q1 25
-10.9%
Q4 24
7.5%
22.9%
Q3 24
10.5%
29.8%
Q2 24
2.3%
-5.4%
Q1 24
-46.8%
Capex Intensity
IRTC
IRTC
RAMP
RAMP
Q4 25
5.6%
0.1%
Q3 25
7.7%
0.3%
Q2 25
5.6%
0.2%
Q1 25
5.9%
0.2%
Q4 24
4.2%
0.1%
Q3 24
6.0%
0.1%
Q2 24
5.7%
0.1%
Q1 24
7.4%
1.0%
Cash Conversion
IRTC
IRTC
RAMP
RAMP
Q4 25
4.70×
Q3 25
2.09×
Q2 25
-2.04×
Q1 25
Q4 24
4.02×
Q3 24
32.10×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

IRTC
IRTC

Commercial Payors$111.7M53%
Centers For Medicare And Medicaid$49.2M24%
Healthcare Institutions$34.3M16%
Non Contracted Third Party Payors$13.7M7%

RAMP
RAMP

Segment breakdown not available.

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