Vivid Seats 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	570.78	775.59	712.88	600.27	443.04
Revenue Growth (YoY)	-26.41%	8.80%	18.76%	35.49%	1163.04%
Cost of Revenue	173.44	201.85	182.18	140.51	90.62
Gross Profit	397.34	573.73	530.7	459.77	352.42
Selling, General & Admin	404.44	487.27	433.18	375.99	273.53
Depreciation & Amortization Expenses	49.39	44.24	17.18	7.73	2.32
Other Operating Expenses	723.02	-	-1	-2.07	-
Total Operating Expenses	1,177	531.51	449.36	381.66	275.85
Operating Income	-779.52	42.23	81.34	78.11	76.57
Interest Expense	-23.74	-23.17	-13.51	-12.86	-58.18
Other Non-Operating Income (Expense)	-152.76	-3.67	-3.11	-12.51	-34.44
Total Non-Operating Income (Expense)	-176.5	-26.84	-16.61	-25.37	-92.62
Pretax Income	-652.11	22.72	70.94	69.19	-18.83
Provision for Income Taxes	69.39	8.42	-42.2	-1.59	0.3
Net Income	-429.3	9.43	74.54	28.66	-16.12
Minority Interest in Earnings	-292.19	4.88	38.61	42.12	-3.01
Net Income to Common	-429.3	9.43	74.54	28.66	-16.12
Net Income Growth	-	-87.36%	160.05%	-	-
Shares Outstanding (Basic)	7	7	5	4	4
Shares Outstanding (Diluted)	10	10	10	10	4
Shares Change (YoY)	-0.29%	5.16%	0.07%	156.45%	77498700.00%
EPS (Basic)	-59.20	1.42	16.08	7.20	-0.80
EPS (Diluted)	-69.20	1.12	5.15	7.20	-0.80
EPS Growth	-	-78.25%	-28.47%	-	-
Shares Outstanding	10.76	6.62	6.69	4.06	3.95
Free Cash Flow	-93.76	49.7	146.43	10.82	174.66
Free Cash Flow Growth	-	-66.06%	1253.66%	-93.81%	-
Free Cash Flow Per Share	-8.99	4.75	14.73	1.09	45.07
Gross Margin	69.61%	73.97%	74.44%	76.59%	79.55%
Operating Margin	-136.57%	5.44%	11.41%	13.01%	17.28%
Profit Margin	-126.40%	1.84%	15.87%	11.79%	-4.32%
FCF Margin	-16.43%	6.41%	20.54%	1.80%	39.42%
EBITDA	-727.64	89.15	100.26	89.06	83.37
EBITDA Margin	-127.48%	11.49%	14.06%	14.84%	18.82%
EBIT	-779.52	42.23	81.34	78.11	76.57
EBIT Margin	-136.57%	5.44%	11.41%	13.01%	17.28%
Effective Tax Rate	-10.64%	37.05%	-59.48%	-2.30%	-1.61%

Updated Mar 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q