Live Nation Entertainment Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	25,201	23,156	22,726	16,681	6,268
Revenue Growth (YoY)	8.83%	1.89%	36.24%	166.11%	236.80%
Cost of Revenue	18,763	17,381	17,291	12,348	4,356
Gross Profit	6,438	5,775	5,436	4,334	1,912
Selling, General & Admin	4,092	4,044	3,517	2,956	1,755
Depreciation & Amortization Expenses	638.87	549.92	516.8	449.98	416.28
Other Operating Expenses	456.2	356.61	316.89	205.75	159.22
Operating Income	1,251	824.51	1,085	722.03	-417.86
Interest Income	153.65	139.58	232.36	10.57	9.15
Interest Expense	-316.81	-328.54	-368.75	-200.86	-282.44
Other Non-Operating Income (Expense)	-57.53	103.87	-35.27	-41.22	79.89
Total Non-Operating Income (Expense)	-220.69	-85.08	-171.66	-231.51	-193.41
Pretax Income	1,031	739.43	913.27	490.52	-611.27
Provision for Income Taxes	339.79	-391.7	209.48	115.94	-2.48
Net Income	495.97	896.29	556.89	266.44	-650.9
Minority Interest in Earnings	194.77	234.84	146.91	108.14	42.12
Net Income to Common	495.97	896.29	556.89	266.44	-650.9
Net Income Growth	-44.66%	60.94%	109.01%	-	-
Shares Outstanding (Basic)	232	230	229	225	217
Shares Outstanding (Diluted)	232	236	231	232	217
Shares Change (YoY)	-1.91%	2.33%	-0.25%	6.61%	2.32%
EPS (Basic)	-0.24	2.77	1.35	0.53	-3.09
EPS (Diluted)	-0.24	2.74	1.34	0.52	-3.09
EPS Growth	-	104.48%	157.69%	-	-
Free Cash Flow	333.61	1,079	924.37	1,488	1,628
Free Cash Flow Growth	-69.07%	16.68%	-37.87%	-8.60%	-
Free Cash Flow Per Share	1.44	4.56	4.00	6.43	7.49
Gross Margin	25.55%	24.94%	23.92%	25.98%	30.51%
Operating Margin	4.96%	3.56%	4.77%	4.33%	-6.67%
Profit Margin	2.74%	4.88%	3.10%	2.25%	-9.71%
FCF Margin	1.32%	4.66%	4.07%	8.92%	25.97%
EBITDA	1,890	1,374	1,602	1,172	-1.58
EBITDA Margin	7.50%	5.94%	7.05%	7.03%	-0.03%
EBIT	1,251	824.51	1,085	722.03	-417.86
EBIT Margin	4.96%	3.56%	4.77%	4.33%	-6.67%
Effective Tax Rate	32.97%	-52.97%	22.94%	23.64%	0.41%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.