SEGMENT AND GEOGRAPHIC INFORMATION

12 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC INFORMATION

17. SEGMENT AND GEOGRAPHIC INFORMATION:

The Company provides a data collaboration platform, essentially acting as a data collaboration hub where businesses can securely share and manage first-party consumer data with trusted partners while prioritizing data privacy and ethics. The Company has one primary business activity, its data collaboration platform, as described in the business description section of Note 1, "Organization and Summary of Significant Accounting Policies." The Company generates revenue from subscription fees from clients accessing our platform and from transactional usage-based fees from arrangements with certain publishers and addressable TV providers, and professional services fees. The platform is used by customers globally in a similar manner across geographies, channels and verticals.

The Company’s chief operating decision maker (“CODM”), the Chief Executive Officer (“CEO”), manages the Company’s business activities as a single operating and reportable segment at the consolidated level. Under ASC 280 Segment Reporting, operating segments are defined as components of an enterprise for which separate financial information is evaluated regularly by our CODM. Our CODM uses net income (loss), among other measures, for budgeting and resource allocation purposes on a consolidated basis. Consolidated net income (loss) on the consolidated statements of operations is the measure of financial profit and loss most closely aligned with generally accepted accounting principles that is used by the CODM to assess performance against the Company’s annual financial plans as well as to allocate resources, such as decisions regarding headcount goals, significant contracts, internal investments and other items. The measure of segment assets is reported on the consolidated balance sheets as total consolidated assets.

LiveRamp’s CODM regularly reviews significant segment expenses by the nature of the cost: cost of revenue, research and development, sales and marketing, general and administrative, and gains, losses and other items, net. This is consistent with the Company’s presentation on its consolidated statements of operations. Other significant segment expenses within income (loss) from operations include depreciation and amortization expenses and stock compensation expenses that are presented in more detail in the consolidated statements of cash flows and in Note 14, "Stockholders’ Equity and Stock-Based Compensation", as well as employee related expenses, excluding stock compensation expenses, of (dollars in thousands) $360,428, $342,053, and $323,066 for each of the three years ended March 31, 2025, March 31, 2024, and March 31, 2023, respectively. Other significant segment expenses within net earnings (loss) from continuing operations include other income (expense) (primarily interest income and expense), and income tax expense (benefit) that is presented in more detail in Note 15, "Income Tax."

Since the Company operates as one operating segment, financial segment information, including significant segment expenses, profit or loss and asset information, can be found in the consolidated financial statements

except for interest expense and interest income. Interest expense and interest income are included in total other income, net on the consolidated statements of operations which is detailed below (dollars in thousands).

	For the twelve months ended March 31,
	2025		2024		2023
Interest expense	$	(169)	$	(436)	$	(366)
Interest income	17,501		24,046		11,996
Other non-operating gains/(losses)	104		(653)		(4,684)
Total other income, net	$	17,436	$	22,957	$	6,946

Geographic information

The Company attributes revenue to each geographic region based on the location of the Company’s operations. The following table shows financial information by geographic area (dollars in thousands): 

	For the twelve months ended March 31,
Revenue	2025		2024		2023
United States	$	704,653	$	618,526	$	556,219
Foreign
Europe	34,308		34,109		32,210
APAC	5,208		5,896		7,470
Other	1,411		1,130		684
All Foreign	40,927		41,135		40,364
	$	745,580	$	659,661	$	596,583

Long-lived assets excluding financial instruments (dollars in thousands):

	March 31,
	2025		2024
United States	$	596,396	$	626,639
Foreign
Europe	6,122		1,993
APAC	588		656
Other	76		123
All Foreign	6,786		2,772
	$	603,182	$	629,411