LiveRamp (NYSE:RAMP) Posts Q2 CY2026 Sales In Line With Estimates
LiveRamp (NYSE:RAMP) reported Q2 CY2026 sales of $214 million, up 9.8% year on year and in line with Wall Street estimates. Non-GAAP earnings were $0.65 per share, 9.2% above consensus. The company reported ARR of $539 million and net revenue retention of 103%. Analysts expect revenue growth of 9.5% over the next 12 months.
How this was made

The 30-second read
Why it matters
Q2 CY2026 results were in line on revenue and ahead on non-GAAP EPS, but ARR growth and net revenue retention declined versus what investors typically want for sustained multiple expansion.
Market read
Traders will likely focus on the quality of recurring revenue, given ARR and net revenue retention softness despite an EPS beat.
What to watch
The article does not break out customer adds, churn drivers, or product mix, which could explain ARR and retention movements despite in-line revenue.
Background
LiveRamp is a digital data collaboration platform focused on privacy-compliant customer data sharing.
Ticker impact
LiveRamp reported Q2 CY2026 revenue of $214M, up 9.8% YoY, and non-GAAP EPS of $0.65, both relative to consensus.
Likely limited upside follow-through unless ARR and retention re-accelerate; near-term trading may stay range-bound.
The article’s new datapoints are the quarter’s revenue/EPS vs estimates plus ARR and net retention changes, which typically drive SaaS multiple expectations more than topline alone.
Market effects
Signals continued deceleration risk for data-collaboration and privacy-compliance software, with retention and ARR growth under scrutiny.
No specific regional spillover described beyond US software earnings expectations.
No explicit global demand or regulatory developments mentioned.
Counterpoint
The net revenue retention of 103% is still above 100%, so the business may be stabilizing even if it lags top SaaS peers.
Key entities
- companyLiveRamp
NYSE-listed data collaboration platform reporting Q2 CY2026 sales, non-GAAP EPS, ARR, and retention metrics.


