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
$104.8M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$-30.2M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
-28.9%
YoY Growth
-31.3%
Vivid Seats Inc. Q3 FY2025 Financial Summary
Vivid Seats Inc. reported revenue of $104.8M (down 31.3% YoY) for Q3 FY2025, with a net profit of $-30.2M (down 384.5% YoY) (-28.9% margin).
Key Financial Metrics
| Total Revenue | $104.8M |
|---|---|
| Net Profit | $-30.2M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q3 FY2025 |
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 |