Vivid Seats (SEAT)
Connects fans, ticket sellers, partners, and event-discovery properties across live entertainment.
$3.82
vs last close−0.10 (−2.55%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 188 | 198 | 191 | 198 | 187 | 200 | 164 | 144 | 136 | 127 | 126 | 130 |
| Cost of revenue | 50 | 51 | 50 | 49 | 51 | 52 | 45 | 42 | 44 | 42 | 52 | 39 |
| Gross profit | 138 | 147 | 141 | 150 | 136 | 147 | 119 | 101 | 92 | 85 | 74 | 91 |
| 118 | 137 | 121 | 142 | 125 | 144 | 124 | 433 | 115 | 103 | 82 | 98 | |
| 114 | 124 | 112 | 126 | 113 | 128 | 114 | 99 | 100 | 91 | 83 | 85 | |
| Selling & marketing | 77 | 77 | 68 | 70 | 68 | 79 | 64 | 54 | 56 | 57 | 50 | 53 |
| General & administrative | 37 | 47 | 45 | 56 | 46 | 49 | 50 | 45 | 44 | 34 | 33 | 33 |
| Other expenses | 4 | 13 | 8 | 16 | 11 | 16 | 10 | 334 | 14 | 12 | −1 | 12 |
| Operating income | 20 | 10 | 21 | 8 | 11 | 3 | −4 | −332 | −23 | −18 | −8 | −6 |
| −2 | −2 | −8 | −9 | 3 | −6 | −2 | 145 | −6 | −411 | −8 | −7 | |
| Interest expense | 3 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Other non-operating income | −1 | −3 | 3 | 3 | −9 | 0 | −3 | −150 | 0 | 405 | 2 | 1 |
| Income before tax | 19 | 8 | 13 | −1 | 13 | −3 | −7 | −187 | −29 | −429 | −16 | −13 |
| Income tax expense | 3 | −21 | 2 | 1 | 4 | 1 | 3 | 76 | −9 | −1 | −1 | 1 |
| Net income from continuing operations | 16 | 29 | 11 | −1 | 9 | −4 | −10 | −263 | −20 | −429 | −15 | −14 |
| Other adjustments | 0 | 0 | 0 | 0 | −4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 7 | 25 | 6 | −1 | 5 | −1 | −6 | −140 | −9 | −275 | −15 | −14 |
| EPS, basic | $3.40 | $3.40 | $0.91 | −$0.17 | $0.81 | −$0.13 | −$0.89 | −$21.40 | −$3.04 | −$35.68 | −$1.35 | −$1.30 |
| EPS, diluted | $1.65 | $1.96 | $0.88 | −$0.18 | $0.51 | −$0.13 | −$0.94 | −$25.40 | −$1.91 | −$40.95 | −$1.35 | −$1.30 |
| Weighted average shares, basic | 5 | — | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 8 | 11 | 11 |
| Weighted average shares, diluted | 10 | — | 11 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 |
| EBITDA | 24 | 22 | 29 | 15 | 30 | 18 | 11 | −169 | −9 | −410 | 3 | 5 |
| Depreciation & amortization | 3 | 9 | 10 | 11 | 11 | 14 | 12 | 12 | 14 | 13 | 13 | 12 |
| EBIT | 21 | 13 | 18 | 5 | 20 | 3 | −1 | −182 | −23 | −423 | −10 | −7 |
