Vivid Seats Inc.SEATEarnings & Financial Report
Vivid Seats Inc. is an American online ticket market place and resale company. It is the official ticketing partner of numerous sports teams and media outlets including ESPN, United Airlines, the San Francisco 49ers and the Los Angeles Chargers. Its rewards program allows fans to earn points on purchases. Vivid Seats is a member of the Internet Association, which advocates for net neutrality.
Revenue
$165.2M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$-9.6M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
-5.8%
YoY Growth
-1.2%
Vivid Seats Inc. Q4 FY2024 Financial Summary
Vivid Seats Inc. reported revenue of $165.2M (down 1.2% YoY) for Q4 FY2024, with a net profit of $-9.6M (down 148.5% YoY) (-5.8% margin).
Key Financial Metrics
| Total Revenue | $165.2M |
|---|---|
| Net Profit | $-9.6M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q4 FY2024 |
Revenue Breakdown
Vivid Seats Inc. Q4 FY2024 revenue of $165.2M breaks down across 5 segments, led by Sports at $53.0M (32.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sports | $53.0M | 32.1% |
| Theater | $40.2M | 24.3% |
| Resale | $34.6M | 21.0% |
| Private Label | $26.4M | 16.0% |
| Other | $5.6M | 3.4% |
Vivid Seats Inc. Revenue by Segment — Quarterly Trend
Vivid Seats Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Sports and Theater) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Sports | — | $33.9M | $35.8M | $38.6M |
| Theater | $24.4M | $22.4M | $23.7M | $31.5M |
| Resale | $29.3M | $31.6M | — | $30.3M |
| Private Label | $7.2M | $8.2M | — | $24.5M |
| Other | $2.2M | $3.3M | $4.3M | $3.4M |
Vivid Seats Inc. Annual Revenue by Year
Vivid Seats Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $450.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $450.5M |
| 2024 | $647.9M |
| 2023 | $597.4M |
| 2022 | $511.1M |
Vivid Seats Inc. Quarterly Revenue & Net Profit History
Vivid Seats Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $97.5M | -41.0% | $1.2B | 1212.8% |
| Q3 FY2025 | $104.8M | -31.3% | $-30.2M | -28.9% |
| Q2 FY2025 | $114.5M | -32.7% | $-335.4M | -293.0% |
| Q1 FY2025 | $133.7M | -16.4% | $-10.6M | -7.9% |
| Q4 FY2024 | $165.2M | -1.2% | $-9.6M | -5.8% |
| Q3 FY2024 | $152.7M | -1.1% | $10.6M | 7.0% |
| Q2 FY2024 | $170.0M | +22.2% | $-437.0K | -0.3% |
| Q1 FY2024 | $160.0M | +17.2% | $12.9M | 8.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $160.0M | $170.0M | $152.7M | $165.2M | $133.7M | $114.5M | $104.8M | $97.5M |
| YoY Growth | 17.2% | 22.2% | -1.1% | -1.2% | -16.4% | -32.7% | -31.3% | -41.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.59B | $1.65B | $1.61B | $1.64B | $1.61B | $1.15B | $1.11B | $636.9M |
| Liabilities | $1.45B | $1.50B | $1.28B | $1.02B | $999.2M | $803.1M | $771.6M | $722.0M |
| Equity | $139.6M | $155.8M | $329.4M | $261.1M | $380.7M | $217.3M | $272.2M | $-85.1M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $39.2M | $-13.8M | $-19.2M | $47.8M | $-25.3M | $-28.6M | $512000 | $-38.2M |