SEGMENT AND GEOGRAPHIC INFORMATION

3 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC INFORMATION

16. SEGMENT AND GEOGRAPHIC INFORMATION:

The Company has one primary business activity, its data collaboration platform. 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, manages the Company’s business activities as a single operating and reportable segment at the consolidated level. Our CODM uses net income (loss), among other measures, for budgeting and resource allocation purposes on a consolidated basis. There are no differences in segmentation, the nature of significant expenses, the measure of segment assets or the basis of measurement of segment profit and loss, which is consolidated net income, as compared to the disclosures in the 2025 Annual Report.

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 condensed 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 condensed consolidated statements of cash flows and in Note 5, "Stock-Based Compensation", as well as employee related expenses, excluding stock compensation expenses, of $88.0 million and $90.2 million for the three months ended June 30, 2025 and 2024, 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 the condensed consolidated statements of operations.

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

	For the three months ended
	June 30,
	2025		2024
Interest expense	$	(22)	$	(51)
Interest income	4,083		4,600
Other non-operating losses	(352)		(105)
Total other income, net	$	3,709	$	4,444

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 three months ended
	June 30,
	2025		2024
Revenue
United States	$	184,276	$	166,319
Foreign
Europe	8,893		8,113
Asia-Pacific ("APAC")	1,296		1,214
Other	357		315
All Foreign	10,546		9,642
	$	194,822	$	175,961

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

	6/30/2025		3/31/2025
United States	$	593,221	$	596,396
Foreign
Europe	5,845		6,122
APAC	522		588
Other	80		76
All Foreign	6,447		6,786
	$	599,668	$	603,182