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

MediaAlpha, Inc. is the larger business by last-quarter revenue ($310.0M vs $212.2M, roughly 1.5× LiveRamp Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 4.5%, a 14.3% gap on every dollar of revenue. On growth, MediaAlpha, Inc. posted the faster year-over-year revenue change (17.3% vs 8.6%). Over the past eight quarters, MediaAlpha, Inc.'s revenue compounded faster (31.9% CAGR vs 11.1%).

Alpha Group Co., Ltd. is a Chinese multinational conglomerate with animation, toy, mass media asset and entertainment company headquartered created by Cai Dongqing in 1993. In 2016, it changed its name from Alpha Animation. The company has a Chinese webcomics site, U17, and also an American film company, Alpha Pictures, and has announced the creation of an animation division also based in the United States.

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.

MAX vs RAMP — Head-to-Head

Bigger by revenue
MAX
MAX
1.5× larger
MAX
$310.0M
$212.2M
RAMP
Growing faster (revenue YoY)
MAX
MAX
+8.7% gap
MAX
17.3%
8.6%
RAMP
Higher net margin
RAMP
RAMP
14.3% more per $
RAMP
18.8%
4.5%
MAX
Faster 2-yr revenue CAGR
MAX
MAX
Annualised
MAX
31.9%
11.1%
RAMP

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
MAX
MAX
RAMP
RAMP
Revenue
$310.0M
$212.2M
Net Profit
$14.0M
$39.9M
Gross Margin
15.1%
71.9%
Operating Margin
7.2%
18.6%
Net Margin
4.5%
18.8%
Revenue YoY
17.3%
8.6%
Net Profit YoY
701.8%
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
MAX
MAX
RAMP
RAMP
Q1 26
$310.0M
Q4 25
$291.2M
$212.2M
Q3 25
$306.5M
$199.8M
Q2 25
$251.6M
$194.8M
Q1 25
$264.3M
$188.7M
Q4 24
$300.6M
$195.4M
Q3 24
$259.1M
$185.5M
Q2 24
$178.3M
$176.0M
Net Profit
MAX
MAX
RAMP
RAMP
Q1 26
$14.0M
Q4 25
$31.4M
$39.9M
Q3 25
$14.9M
$27.4M
Q2 25
$-18.7M
$7.7M
Q1 25
$-1.9M
$-6.3M
Q4 24
$4.6M
$11.2M
Q3 24
$9.5M
$1.7M
Q2 24
$3.6M
$-7.5M
Gross Margin
MAX
MAX
RAMP
RAMP
Q1 26
15.1%
Q4 25
15.4%
71.9%
Q3 25
14.2%
70.2%
Q2 25
15.0%
70.1%
Q1 25
15.8%
69.3%
Q4 24
16.3%
71.9%
Q3 24
15.1%
72.4%
Q2 24
17.8%
70.6%
Operating Margin
MAX
MAX
RAMP
RAMP
Q1 26
7.2%
Q4 25
7.7%
18.6%
Q3 25
6.4%
10.7%
Q2 25
-8.0%
3.7%
Q1 25
0.0%
-6.1%
Q4 24
6.1%
7.5%
Q3 24
6.0%
4.0%
Q2 24
3.6%
-3.0%
Net Margin
MAX
MAX
RAMP
RAMP
Q1 26
4.5%
Q4 25
10.8%
18.8%
Q3 25
4.9%
13.7%
Q2 25
-7.4%
4.0%
Q1 25
-0.7%
-3.3%
Q4 24
1.5%
5.7%
Q3 24
3.7%
0.9%
Q2 24
2.0%
-4.3%
EPS (diluted)
MAX
MAX
RAMP
RAMP
Q1 26
Q4 25
$0.50
$0.62
Q3 25
$0.26
$0.42
Q2 25
$-0.33
$0.12
Q1 25
$-0.04
$-0.10
Q4 24
$0.09
$0.17
Q3 24
$0.17
$0.03
Q2 24
$0.07
$-0.11

Balance Sheet & Financial Strength

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

Metric
MAX
MAX
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$26.1M
$403.4M
Total DebtLower is stronger
$163.5M
Stockholders' EquityBook value
$962.3M
Total Assets
$367.7M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAX
MAX
RAMP
RAMP
Q1 26
$26.1M
Q4 25
$46.9M
$403.4M
Q3 25
$38.8M
$376.9M
Q2 25
$85.4M
$371.1M
Q1 25
$63.6M
$420.8M
Q4 24
$43.3M
$384.3M
Q3 24
$32.3M
$348.4M
Q2 24
$28.7M
$342.7M
Total Debt
MAX
MAX
RAMP
RAMP
Q1 26
$163.5M
Q4 25
$153.4M
Q3 25
$155.7M
Q2 25
$158.0M
Q1 25
$160.2M
Q4 24
$162.4M
Q3 24
$164.7M
Q2 24
$166.9M
Stockholders' Equity
MAX
MAX
RAMP
RAMP
Q1 26
Q4 25
$4.2M
$962.3M
Q3 25
$-29.8M
$943.8M
Q2 25
$-3.8M
$947.8M
Q1 25
$7.9M
$948.9M
Q4 24
$2.4M
$957.7M
Q3 24
$-8.4M
$932.1M
Q2 24
$-24.4M
$951.9M
Total Assets
MAX
MAX
RAMP
RAMP
Q1 26
$367.7M
Q4 25
$383.8M
$1.3B
Q3 25
$266.2M
$1.2B
Q2 25
$249.4M
$1.2B
Q1 25
$240.0M
$1.3B
Q4 24
$262.4M
$1.3B
Q3 24
$236.1M
$1.2B
Q2 24
$198.2M
$1.2B
Debt / Equity
MAX
MAX
RAMP
RAMP
Q1 26
Q4 25
36.88×
Q3 25
Q2 25
Q1 25
20.23×
Q4 24
68.31×
Q3 24
Q2 24

Financial Flow Comparison

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

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