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

VERRA MOBILITY Corp is the larger business by last-quarter revenue ($223.6M vs $212.2M, roughly 1.1× LiveRamp Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 12.0%, a 6.8% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs 0.1%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% CAGR vs 0.3%).

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.

Verra Mobility Corp is a leading global smart mobility technology solution provider. It delivers toll management, parking and traffic compliance enforcement, connected vehicle services, and fleet management tools, serving government transport agencies, rental car operators, commercial fleet owners, and automotive partners across North America, Europe, and Asia-Pacific.

RAMP vs VRRM — Head-to-Head

Bigger by revenue
VRRM
VRRM
1.1× larger
VRRM
$223.6M
$212.2M
RAMP
Growing faster (revenue YoY)
RAMP
RAMP
+8.4% gap
RAMP
8.6%
0.1%
VRRM
Higher net margin
RAMP
RAMP
6.8% more per $
RAMP
18.8%
12.0%
VRRM
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
0.3%
VRRM

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
RAMP
RAMP
VRRM
VRRM
Revenue
$212.2M
$223.6M
Net Profit
$39.9M
$26.7M
Gross Margin
71.9%
Operating Margin
18.6%
23.2%
Net Margin
18.8%
12.0%
Revenue YoY
8.6%
0.1%
Net Profit YoY
255.7%
-17.3%
EPS (diluted)
$0.62
$0.17

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
RAMP
RAMP
VRRM
VRRM
Q1 26
$223.6M
Q4 25
$212.2M
$257.9M
Q3 25
$199.8M
$261.9M
Q2 25
$194.8M
$236.0M
Q1 25
$188.7M
$223.3M
Q4 24
$195.4M
$221.5M
Q3 24
$185.5M
$225.6M
Q2 24
$176.0M
$222.4M
Net Profit
RAMP
RAMP
VRRM
VRRM
Q1 26
$26.7M
Q4 25
$39.9M
$18.9M
Q3 25
$27.4M
$46.8M
Q2 25
$7.7M
$38.6M
Q1 25
$-6.3M
$32.3M
Q4 24
$11.2M
$-66.7M
Q3 24
$1.7M
$34.7M
Q2 24
$-7.5M
$34.2M
Gross Margin
RAMP
RAMP
VRRM
VRRM
Q1 26
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%
Operating Margin
RAMP
RAMP
VRRM
VRRM
Q1 26
23.2%
Q4 25
18.6%
16.7%
Q3 25
10.7%
28.6%
Q2 25
3.7%
26.8%
Q1 25
-6.1%
25.7%
Q4 24
7.5%
-19.6%
Q3 24
4.0%
28.3%
Q2 24
-3.0%
27.5%
Net Margin
RAMP
RAMP
VRRM
VRRM
Q1 26
12.0%
Q4 25
18.8%
7.3%
Q3 25
13.7%
17.9%
Q2 25
4.0%
16.3%
Q1 25
-3.3%
14.5%
Q4 24
5.7%
-30.1%
Q3 24
0.9%
15.4%
Q2 24
-4.3%
15.4%
EPS (diluted)
RAMP
RAMP
VRRM
VRRM
Q1 26
$0.17
Q4 25
$0.62
$0.12
Q3 25
$0.42
$0.29
Q2 25
$0.12
$0.24
Q1 25
$-0.10
$0.20
Q4 24
$0.17
$-0.39
Q3 24
$0.03
$0.21
Q2 24
$-0.11
$0.20

Balance Sheet & Financial Strength

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

Metric
RAMP
RAMP
VRRM
VRRM
Cash + ST InvestmentsLiquidity on hand
$403.4M
$46.9M
Total DebtLower is stronger
$34.1M
Stockholders' EquityBook value
$962.3M
$272.0M
Total Assets
$1.3B
$1.7B
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RAMP
RAMP
VRRM
VRRM
Q1 26
$46.9M
Q4 25
$403.4M
$65.3M
Q3 25
$376.9M
$196.1M
Q2 25
$371.1M
$147.7M
Q1 25
$420.8M
$108.5M
Q4 24
$384.3M
$77.6M
Q3 24
$348.4M
$206.1M
Q2 24
$342.7M
$122.0M
Total Debt
RAMP
RAMP
VRRM
VRRM
Q1 26
$34.1M
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$1.0B
Stockholders' Equity
RAMP
RAMP
VRRM
VRRM
Q1 26
$272.0M
Q4 25
$962.3M
$293.0M
Q3 25
$943.8M
$403.1M
Q2 25
$947.8M
$352.1M
Q1 25
$948.9M
$299.6M
Q4 24
$957.7M
$265.1M
Q3 24
$932.1M
$486.5M
Q2 24
$951.9M
$438.6M
Total Assets
RAMP
RAMP
VRRM
VRRM
Q1 26
$1.7B
Q4 25
$1.3B
$1.6B
Q3 25
$1.2B
$1.8B
Q2 25
$1.2B
$1.7B
Q1 25
$1.3B
$1.6B
Q4 24
$1.3B
$1.6B
Q3 24
$1.2B
$1.9B
Q2 24
$1.2B
$1.8B
Debt / Equity
RAMP
RAMP
VRRM
VRRM
Q1 26
0.13×
Q4 25
3.51×
Q3 25
2.55×
Q2 25
2.93×
Q1 25
3.45×
Q4 24
3.90×
Q3 24
2.13×
Q2 24
2.36×

Cash Flow & Capital Efficiency

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

Metric
RAMP
RAMP
VRRM
VRRM
Operating Cash FlowLast quarter
$40.8M
Free Cash FlowOCF − Capex
$9.6M
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.53×
TTM Free Cash FlowTrailing 4 quarters
$104.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RAMP
RAMP
VRRM
VRRM
Q1 26
$40.8M
Q4 25
$40.0M
Q3 25
$57.4M
$77.7M
Q2 25
$-15.8M
$75.1M
Q1 25
$63.0M
Q4 24
$45.1M
$40.5M
Q3 24
$55.6M
$108.8M
Q2 24
$-9.3M
$40.0M
Free Cash Flow
RAMP
RAMP
VRRM
VRRM
Q1 26
$9.6M
Q4 25
$5.7M
Q3 25
$56.8M
$49.0M
Q2 25
$-16.2M
$40.3M
Q1 25
$41.7M
Q4 24
$44.8M
$21.6M
Q3 24
$55.4M
$85.1M
Q2 24
$-9.6M
$26.0M
FCF Margin
RAMP
RAMP
VRRM
VRRM
Q1 26
4.3%
Q4 25
2.2%
Q3 25
28.4%
18.7%
Q2 25
-8.3%
17.1%
Q1 25
18.7%
Q4 24
22.9%
9.8%
Q3 24
29.8%
37.7%
Q2 24
-5.4%
11.7%
Capex Intensity
RAMP
RAMP
VRRM
VRRM
Q1 26
Q4 25
0.1%
13.3%
Q3 25
0.3%
11.0%
Q2 25
0.2%
14.8%
Q1 25
0.2%
9.5%
Q4 24
0.1%
8.5%
Q3 24
0.1%
10.5%
Q2 24
0.1%
6.3%
Cash Conversion
RAMP
RAMP
VRRM
VRRM
Q1 26
1.53×
Q4 25
2.12×
Q3 25
2.09×
1.66×
Q2 25
-2.04×
1.95×
Q1 25
1.95×
Q4 24
4.02×
Q3 24
32.10×
3.13×
Q2 24
1.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RAMP
RAMP

Segment breakdown not available.

VRRM
VRRM

Government Solutions segment generated total$105.3M47%
Commercial Services segment generated total$97.8M44%
Parking Solutions segment generated total$20.4M9%

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