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

ONESPAWORLD HOLDINGS Ltd is the larger business by last-quarter revenue ($242.1M vs $212.2M, roughly 1.1× LiveRamp Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 5.0%, a 13.8% gap on every dollar of revenue. On growth, ONESPAWORLD HOLDINGS Ltd posted the faster year-over-year revenue change (11.5% vs 8.6%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% CAGR vs 7.1%).

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.

OSW vs RAMP — Head-to-Head

Bigger by revenue
OSW
OSW
1.1× larger
OSW
$242.1M
$212.2M
RAMP
Growing faster (revenue YoY)
OSW
OSW
+2.9% gap
OSW
11.5%
8.6%
RAMP
Higher net margin
RAMP
RAMP
13.8% more per $
RAMP
18.8%
5.0%
OSW
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
7.1%
OSW

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
OSW
OSW
RAMP
RAMP
Revenue
$242.1M
$212.2M
Net Profit
$12.1M
$39.9M
Gross Margin
71.9%
Operating Margin
6.8%
18.6%
Net Margin
5.0%
18.8%
Revenue YoY
11.5%
8.6%
Net Profit YoY
-16.2%
255.7%
EPS (diluted)
$0.12
$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
OSW
OSW
RAMP
RAMP
Q4 25
$242.1M
$212.2M
Q3 25
$258.5M
$199.8M
Q2 25
$240.7M
$194.8M
Q1 25
$219.6M
$188.7M
Q4 24
$217.2M
$195.4M
Q3 24
$241.7M
$185.5M
Q2 24
$224.9M
$176.0M
Q1 24
$211.2M
$171.9M
Net Profit
OSW
OSW
RAMP
RAMP
Q4 25
$12.1M
$39.9M
Q3 25
$24.3M
$27.4M
Q2 25
$19.9M
$7.7M
Q1 25
$15.3M
$-6.3M
Q4 24
$14.4M
$11.2M
Q3 24
$21.6M
$1.7M
Q2 24
$15.8M
$-7.5M
Q1 24
$21.2M
$-5.4M
Gross Margin
OSW
OSW
RAMP
RAMP
Q4 25
71.9%
Q3 25
70.2%
Q2 25
70.1%
Q1 25
69.3%
Q4 24
71.9%
Q3 24
72.4%
Q2 24
70.6%
Q1 24
72.2%
Operating Margin
OSW
OSW
RAMP
RAMP
Q4 25
6.8%
18.6%
Q3 25
10.2%
10.7%
Q2 25
9.2%
3.7%
Q1 25
7.7%
-6.1%
Q4 24
7.9%
7.5%
Q3 24
10.3%
4.0%
Q2 24
8.4%
-3.0%
Q1 24
8.0%
-8.3%
Net Margin
OSW
OSW
RAMP
RAMP
Q4 25
5.0%
18.8%
Q3 25
9.4%
13.7%
Q2 25
8.3%
4.0%
Q1 25
7.0%
-3.3%
Q4 24
6.6%
5.7%
Q3 24
8.9%
0.9%
Q2 24
7.0%
-4.3%
Q1 24
10.0%
-3.1%
EPS (diluted)
OSW
OSW
RAMP
RAMP
Q4 25
$0.12
$0.62
Q3 25
$0.23
$0.42
Q2 25
$0.19
$0.12
Q1 25
$0.15
$-0.10
Q4 24
$0.13
$0.17
Q3 24
$0.20
$0.03
Q2 24
$0.15
$-0.11
Q1 24
$0.21
$-0.09

Balance Sheet & Financial Strength

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

Metric
OSW
OSW
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$16.3M
$403.4M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$542.6M
$962.3M
Total Assets
$707.1M
$1.3B
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OSW
OSW
RAMP
RAMP
Q4 25
$16.3M
$403.4M
Q3 25
$29.6M
$376.9M
Q2 25
$35.0M
$371.1M
Q1 25
$22.6M
$420.8M
Q4 24
$57.4M
$384.3M
Q3 24
$48.8M
$348.4M
Q2 24
$62.5M
$342.7M
Q1 24
$65.4M
$368.9M
Total Debt
OSW
OSW
RAMP
RAMP
Q4 25
$84.0M
Q3 25
$85.2M
Q2 25
$96.2M
Q1 25
$97.4M
Q4 24
$98.6M
Q3 24
$98.7M
Q2 24
$123.8M
Q1 24
$138.6M
Stockholders' Equity
OSW
OSW
RAMP
RAMP
Q4 25
$542.6M
$962.3M
Q3 25
$552.8M
$943.8M
Q2 25
$548.3M
$947.8M
Q1 25
$530.6M
$948.9M
Q4 24
$554.5M
$957.7M
Q3 24
$540.1M
$932.1M
Q2 24
$532.7M
$951.9M
Q1 24
$515.5M
$949.1M
Total Assets
OSW
OSW
RAMP
RAMP
Q4 25
$707.1M
$1.3B
Q3 25
$732.6M
$1.2B
Q2 25
$731.8M
$1.2B
Q1 25
$708.7M
$1.3B
Q4 24
$746.4M
$1.3B
Q3 24
$734.0M
$1.2B
Q2 24
$756.8M
$1.2B
Q1 24
$763.6M
$1.2B
Debt / Equity
OSW
OSW
RAMP
RAMP
Q4 25
0.15×
Q3 25
0.15×
Q2 25
0.18×
Q1 25
0.18×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.23×
Q1 24
0.27×

Cash Flow & Capital Efficiency

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

Metric
OSW
OSW
RAMP
RAMP
Operating Cash FlowLast quarter
$20.0M
Free Cash FlowOCF − Capex
$14.9M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
2.1%
0.1%
Cash ConversionOCF / Net Profit
1.65×
TTM Free Cash FlowTrailing 4 quarters
$68.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OSW
OSW
RAMP
RAMP
Q4 25
$20.0M
Q3 25
$33.2M
$57.4M
Q2 25
$20.3M
$-15.8M
Q1 25
$10.1M
Q4 24
$16.6M
$45.1M
Q3 24
$28.6M
$55.6M
Q2 24
$18.7M
$-9.3M
Q1 24
$15.0M
Free Cash Flow
OSW
OSW
RAMP
RAMP
Q4 25
$14.9M
Q3 25
$27.6M
$56.8M
Q2 25
$17.6M
$-16.2M
Q1 25
$8.4M
Q4 24
$13.2M
$44.8M
Q3 24
$27.5M
$55.4M
Q2 24
$17.6M
$-9.6M
Q1 24
$13.7M
FCF Margin
OSW
OSW
RAMP
RAMP
Q4 25
6.2%
Q3 25
10.7%
28.4%
Q2 25
7.3%
-8.3%
Q1 25
3.8%
Q4 24
6.1%
22.9%
Q3 24
11.4%
29.8%
Q2 24
7.8%
-5.4%
Q1 24
6.5%
Capex Intensity
OSW
OSW
RAMP
RAMP
Q4 25
2.1%
0.1%
Q3 25
2.2%
0.3%
Q2 25
1.1%
0.2%
Q1 25
0.8%
0.2%
Q4 24
1.5%
0.1%
Q3 24
0.5%
0.1%
Q2 24
0.5%
0.1%
Q1 24
0.6%
1.0%
Cash Conversion
OSW
OSW
RAMP
RAMP
Q4 25
1.65×
Q3 25
1.36×
2.09×
Q2 25
1.02×
-2.04×
Q1 25
0.66×
Q4 24
1.15×
4.02×
Q3 24
1.33×
32.10×
Q2 24
1.19×
Q1 24
0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OSW
OSW

Services$197.3M82%
Products$44.8M18%

RAMP
RAMP

Segment breakdown not available.

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