Vivid Seats Inc. (SEAT)
NASDAQ: SEAT · Real-Time Price · USD
2.770
+0.120 (4.53%)
Nov 3, 2026, 1:49 PM EST - Market open

Vivid Seats Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
518.83570.78775.59712.88600.27443.04
Revenue Growth
-25.24%-26.41%8.80%18.76%35.49%1163.04%
Gross Profit
354.51397.34573.73530.7459.77352.42
Operating Income
-56.13-56.542.2384.9476.0476.57
Net Income
-312.64-429.39.4374.5428.66-3.28
Earnings Per Share
-50.64-69.201.125.157.12-0.88
EPS Growth
---78.20%-27.69%--

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Marketplace
403.77450.51647.89597.39511.09389.67
Resale
115.07120.27127.7115.4989.1853.37
Total
518.83570.78775.59712.88600.27443.04

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
136.68102.7243.48125.48251.54489.53
Total Debt
401.03406.12409.61286.84283.14463.57
Net Cash (Debt)
-264.35-303.42-166.13-161.36-31.625.96
Net Cash Growth
------
Net Cash Per Share
-28.04-29.10-15.89-16.23-3.186.70

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
7.52-91.653.92147.3214.38175.79
Capital Expenditures
-0.14-2.16-4.23-0.9-3.56-1.13
Free Cash Flow
7.37-93.7649.7146.4310.82174.66
Free Cash Flow Growth
---66.06%1253.66%-93.81%-

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
68.33%69.61%73.97%74.44%76.59%79.55%
Operating Margin
-10.82%-9.90%5.44%11.92%12.67%17.28%
Pretax Margin
-93.97%-114.25%2.93%9.95%11.53%-4.25%
Profit Margin
-60.26%-75.21%1.21%10.46%4.78%-0.74%
FCF Margin
1.42%-16.43%6.41%20.54%1.80%39.42%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--64.6111.4420.71-
Forward PE
-53.6737.2118.7522.4251.24
P/FCF Ratio
4.04-12.255.8254.864.79
PS Ratio
0.060.140.791.200.991.89