Freshworks vs LiveRamp
Freshworks reported revenue of $839 million in fiscal 2025, about the same as LiveRamp's $813 million in fiscal 2026. Freshworks' revenue grew 16.4% in its latest year, and LiveRamp's grew 9.0%. Freshworks had an operating margin of 1.6%, against 10.3% at LiveRamp. Free cash flow was $237 million at Freshworks and $166 million at LiveRamp. Their fiscal years end in different months (December 31 and March 31), so the periods don't line up exactly.
Side by side
| Freshworks | LiveRamp | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2026, Mar 31, 2026 |
| Revenue | $839M | $813M |
| Revenue growth | 16.4% | 9.0% |
| Revenue growth a year, last 5 years | 27.4% | 12.9% |
| Gross margin | 85.0% | 70.7% |
| Operating margin | 1.6% | 10.3% |
| Net margin | 21.9% | 17.9% |
| Free cash flow | $237M | $166M |
| Free cash flow margin | 28.2% | 20.5% |
| Return on capital | — | 15.0% |
| Net debt to EBITDA | — | −4.0x |
| Dividends and buybacks | $386M | $194M |
| Change in diluted share count | −2.4% | −1.6% |
| Last close | $12.11 | $38.50 |
| P/E at the last close | 16.8× | 15.9× |
| Insider trades, last 12 months | bought $5.0 million, sold $1.5 million | sold $169,866 |
| Piotroski F-score | — | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
FreshworksLiveRamp
Operating margin
Percent of revenue
FreshworksLiveRamp
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
FreshworksLiveRamp
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Freshworks and LiveRamp pages.