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Side-by-side financial comparison of MATRIX SERVICE CO (MTRX) 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 $210.5M, roughly 1.0× MATRIX SERVICE CO). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs -0.4%, a 19.2% gap on every dollar of revenue. On growth, MATRIX SERVICE CO posted the faster year-over-year revenue change (12.5% vs 8.6%). Over the past eight quarters, MATRIX SERVICE CO's revenue compounded faster (12.6% CAGR vs 11.1%).
Matrix Telecom, Inc., operating as Matrix Business Technologies, Trinsic, Powered by Matrix, Excel Telecommunications and various other niche brands is a United States telecommunications firm that provides voice and data services to consumers and small and medium businesses as well as multi-location distributed enterprise markets. The firm also provides wholesale voice services to the telecommunications, wireless and cable industries.
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.
MTRX vs RAMP — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $210.5M | $212.2M |
| Net Profit | $-894.0K | $39.9M |
| Gross Margin | 6.2% | 71.9% |
| Operating Margin | -1.0% | 18.6% |
| Net Margin | -0.4% | 18.8% |
| Revenue YoY | 12.5% | 8.6% |
| Net Profit YoY | 83.8% | 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.
| Q4 25 | $210.5M | $212.2M | ||
| Q3 25 | $211.9M | $199.8M | ||
| Q2 25 | $216.4M | $194.8M | ||
| Q1 25 | $200.2M | $188.7M | ||
| Q4 24 | $187.2M | $195.4M | ||
| Q3 24 | $165.6M | $185.5M | ||
| Q2 24 | $189.5M | $176.0M | ||
| Q1 24 | $166.0M | $171.9M |
| Q4 25 | $-894.0K | $39.9M | ||
| Q3 25 | $-3.7M | $27.4M | ||
| Q2 25 | $-11.3M | $7.7M | ||
| Q1 25 | $-3.4M | $-6.3M | ||
| Q4 24 | $-5.5M | $11.2M | ||
| Q3 24 | $-9.2M | $1.7M | ||
| Q2 24 | $-4.4M | $-7.5M | ||
| Q1 24 | $-14.6M | $-5.4M |
| Q4 25 | 6.2% | 71.9% | ||
| Q3 25 | 6.7% | 70.2% | ||
| Q2 25 | 3.8% | 70.1% | ||
| Q1 25 | 6.4% | 69.3% | ||
| Q4 24 | 5.8% | 71.9% | ||
| Q3 24 | 4.7% | 72.4% | ||
| Q2 24 | 6.6% | 70.6% | ||
| Q1 24 | 3.4% | 72.2% |
| Q4 25 | -1.0% | 18.6% | ||
| Q3 25 | -2.6% | 10.7% | ||
| Q2 25 | -6.0% | 3.7% | ||
| Q1 25 | -2.5% | -6.1% | ||
| Q4 24 | -3.4% | 7.5% | ||
| Q3 24 | -6.5% | 4.0% | ||
| Q2 24 | -2.8% | -3.0% | ||
| Q1 24 | -8.7% | -8.3% |
| Q4 25 | -0.4% | 18.8% | ||
| Q3 25 | -1.7% | 13.7% | ||
| Q2 25 | -5.2% | 4.0% | ||
| Q1 25 | -1.7% | -3.3% | ||
| Q4 24 | -3.0% | 5.7% | ||
| Q3 24 | -5.6% | 0.9% | ||
| Q2 24 | -2.3% | -4.3% | ||
| Q1 24 | -8.8% | -3.1% |
| Q4 25 | $-0.03 | $0.62 | ||
| Q3 25 | $-0.13 | $0.42 | ||
| Q2 25 | $-0.41 | $0.12 | ||
| Q1 25 | $-0.12 | $-0.10 | ||
| Q4 24 | $-0.20 | $0.17 | ||
| Q3 24 | $-0.33 | $0.03 | ||
| Q2 24 | $-0.16 | $-0.11 | ||
| Q1 24 | $-0.53 | $-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 | $199.0M | $403.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $137.6M | $962.3M |
| Total Assets | $650.2M | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $199.0M | $403.4M | ||
| Q3 25 | $192.3M | $376.9M | ||
| Q2 25 | $224.6M | $371.1M | ||
| Q1 25 | $185.5M | $420.8M | ||
| Q4 24 | $156.8M | $384.3M | ||
| Q3 24 | $124.6M | $348.4M | ||
| Q2 24 | $115.6M | $342.7M | ||
| Q1 24 | $69.7M | $368.9M |
| Q4 25 | $137.6M | $962.3M | ||
| Q3 25 | $136.3M | $943.8M | ||
| Q2 25 | $142.7M | $947.8M | ||
| Q1 25 | $150.7M | $948.9M | ||
| Q4 24 | $151.9M | $957.7M | ||
| Q3 24 | $156.5M | $932.1M | ||
| Q2 24 | $164.2M | $951.9M | ||
| Q1 24 | $165.8M | $949.1M |
| Q4 25 | $650.2M | $1.3B | ||
| Q3 25 | $598.2M | $1.2B | ||
| Q2 25 | $600.3M | $1.2B | ||
| Q1 25 | $613.7M | $1.3B | ||
| Q4 24 | $513.8M | $1.3B | ||
| Q3 24 | $470.2M | $1.2B | ||
| Q2 24 | $451.4M | $1.2B | ||
| Q1 24 | $440.0M | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $7.5M | — |
| Free Cash FlowOCF − Capex | $6.3M | — |
| FCF MarginFCF / Revenue | 3.0% | — |
| Capex IntensityCapex / Revenue | 0.6% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $45.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.5M | — | ||
| Q3 25 | $-25.9M | $57.4M | ||
| Q2 25 | $40.7M | $-15.8M | ||
| Q1 25 | $31.2M | — | ||
| Q4 24 | $33.6M | $45.1M | ||
| Q3 24 | $11.9M | $55.6M | ||
| Q2 24 | $47.0M | $-9.3M | ||
| Q1 24 | $24.8M | — |
| Q4 25 | $6.3M | — | ||
| Q3 25 | $-27.9M | $56.8M | ||
| Q2 25 | $38.4M | $-16.2M | ||
| Q1 25 | $28.7M | — | ||
| Q4 24 | $32.7M | $44.8M | ||
| Q3 24 | $10.0M | $55.4M | ||
| Q2 24 | $45.7M | $-9.6M | ||
| Q1 24 | $20.0M | — |
| Q4 25 | 3.0% | — | ||
| Q3 25 | -13.2% | 28.4% | ||
| Q2 25 | 17.8% | -8.3% | ||
| Q1 25 | 14.3% | — | ||
| Q4 24 | 17.5% | 22.9% | ||
| Q3 24 | 6.0% | 29.8% | ||
| Q2 24 | 24.1% | -5.4% | ||
| Q1 24 | 12.1% | — |
| Q4 25 | 0.6% | 0.1% | ||
| Q3 25 | 0.9% | 0.3% | ||
| Q2 25 | 1.0% | 0.2% | ||
| Q1 25 | 1.3% | 0.2% | ||
| Q4 24 | 0.5% | 0.1% | ||
| Q3 24 | 1.2% | 0.1% | ||
| Q2 24 | 0.7% | 0.1% | ||
| Q1 24 | 2.9% | 1.0% |
| Q4 25 | — | — | ||
| 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
MTRX
| Storage And Terminal Solutions | $99.9M | 47% |
| Utility And Power Infrastructure | $75.4M | 36% |
| Process And Industrial Facilities | $35.3M | 17% |
RAMP
Segment breakdown not available.
