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Side-by-side financial comparison of Kennedy-Wilson Holdings, Inc. (KW) and LIVE VENTURES Inc (LIVE). Click either name above to swap in a different company.

Kennedy-Wilson Holdings, Inc. is the larger business by last-quarter revenue ($120.6M vs $108.5M, roughly 1.1× LIVE VENTURES Inc). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs -0.1%, a 48.2% gap on every dollar of revenue. On growth, LIVE VENTURES Inc posted the faster year-over-year revenue change (-2.7% vs -11.0%). LIVE VENTURES Inc produced more free cash flow last quarter ($8.5M vs $-55.2M). Over the past eight quarters, LIVE VENTURES Inc's revenue compounded faster (-4.3% CAGR vs -6.0%).

Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.

Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It continues to operate both brands as subsidiary companies, promoting and managing ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.

KW vs LIVE — Head-to-Head

Bigger by revenue
KW
KW
1.1× larger
KW
$120.6M
$108.5M
LIVE
Growing faster (revenue YoY)
LIVE
LIVE
+8.3% gap
LIVE
-2.7%
-11.0%
KW
Higher net margin
KW
KW
48.2% more per $
KW
48.1%
-0.1%
LIVE
More free cash flow
LIVE
LIVE
$63.7M more FCF
LIVE
$8.5M
$-55.2M
KW
Faster 2-yr revenue CAGR
LIVE
LIVE
Annualised
LIVE
-4.3%
-6.0%
KW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KW
KW
LIVE
LIVE
Revenue
$120.6M
$108.5M
Net Profit
$58.0M
$-64.0K
Gross Margin
32.6%
Operating Margin
57.3%
3.2%
Net Margin
48.1%
-0.1%
Revenue YoY
-11.0%
-2.7%
Net Profit YoY
32.7%
-113.0%
EPS (diluted)
$0.22
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KW
KW
LIVE
LIVE
Q4 25
$120.6M
$108.5M
Q3 25
$116.4M
$113.9M
Q2 25
$135.7M
$112.5M
Q1 25
$128.3M
$107.0M
Q4 24
$135.5M
$111.5M
Q3 24
$127.5M
$112.7M
Q2 24
$132.0M
$123.9M
Q1 24
$136.4M
$118.6M
Net Profit
KW
KW
LIVE
LIVE
Q4 25
$58.0M
$-64.0K
Q3 25
$-10.2M
$997.0K
Q2 25
$5.6M
$5.4M
Q1 25
$-29.6M
$15.9M
Q4 24
$43.7M
$492.0K
Q3 24
$-66.8M
$-19.9M
Q2 24
$-48.3M
$-2.9M
Q1 24
$37.7M
$-3.3M
Gross Margin
KW
KW
LIVE
LIVE
Q4 25
32.6%
Q3 25
32.4%
Q2 25
34.0%
Q1 25
32.8%
Q4 24
31.7%
Q3 24
31.9%
Q2 24
29.9%
Q1 24
29.9%
Operating Margin
KW
KW
LIVE
LIVE
Q4 25
57.3%
3.2%
Q3 25
-6.2%
3.3%
Q2 25
7.4%
7.1%
Q1 25
-26.9%
2.0%
Q4 24
36.7%
0.7%
Q3 24
-60.8%
-15.5%
Q2 24
-45.5%
0.9%
Q1 24
47.2%
-0.7%
Net Margin
KW
KW
LIVE
LIVE
Q4 25
48.1%
-0.1%
Q3 25
-8.8%
0.9%
Q2 25
4.1%
4.8%
Q1 25
-23.1%
14.8%
Q4 24
32.3%
0.4%
Q3 24
-52.4%
-17.6%
Q2 24
-36.6%
-2.3%
Q1 24
27.6%
-2.8%
EPS (diluted)
KW
KW
LIVE
LIVE
Q4 25
$0.22
$-0.02
Q3 25
$-0.15
$-1.52
Q2 25
$-0.05
$1.24
Q1 25
$-0.30
$5.05
Q4 24
$0.24
$0.16
Q3 24
$-0.56
$-6.31
Q2 24
$-0.43
$-0.91
Q1 24
$0.19
$-1.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KW
KW
LIVE
LIVE
Cash + ST InvestmentsLiquidity on hand
$184.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$95.3M
Total Assets
$6.6B
$389.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KW
KW
LIVE
LIVE
Q4 25
$184.5M
Q3 25
$382.6M
Q2 25
$309.1M
Q1 25
$356.6M
Q4 24
$217.5M
Q3 24
$367.1M
Q2 24
$366.5M
Q1 24
$541.9M
Stockholders' Equity
KW
KW
LIVE
LIVE
Q4 25
$1.5B
$95.3M
Q3 25
$1.5B
$95.3M
Q2 25
$1.6B
$94.3M
Q1 25
$1.6B
$88.9M
Q4 24
$1.6B
$73.3M
Q3 24
$1.6B
$72.9M
Q2 24
$1.7B
$92.7M
Q1 24
$1.7B
$95.9M
Total Assets
KW
KW
LIVE
LIVE
Q4 25
$6.6B
$389.2M
Q3 25
$6.7B
$386.4M
Q2 25
$6.8B
$387.5M
Q1 25
$7.2B
$393.6M
Q4 24
$7.0B
$395.5M
Q3 24
$7.4B
$407.5M
Q2 24
$7.5B
$436.8M
Q1 24
$7.7B
$433.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KW
KW
LIVE
LIVE
Operating Cash FlowLast quarter
$11.4M
$9.8M
Free Cash FlowOCF − Capex
$-55.2M
$8.5M
FCF MarginFCF / Revenue
-45.8%
7.8%
Capex IntensityCapex / Revenue
55.2%
1.2%
Cash ConversionOCF / Net Profit
0.20×
TTM Free Cash FlowTrailing 4 quarters
$-103.5M
$21.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KW
KW
LIVE
LIVE
Q4 25
$11.4M
$9.8M
Q3 25
$-7.6M
$6.8M
Q2 25
$42.0M
$12.3M
Q1 25
$-51.9M
$231.0K
Q4 24
$55.1M
$9.4M
Q3 24
$-5.6M
$6.7M
Q2 24
$36.7M
$11.7M
Q1 24
$-5.6M
$-5.7M
Free Cash Flow
KW
KW
LIVE
LIVE
Q4 25
$-55.2M
$8.5M
Q3 25
$-18.0M
$4.8M
Q2 25
$29.4M
$10.8M
Q1 25
$-59.7M
$-2.3M
Q4 24
$-76.5M
$7.6M
Q3 24
$-27.7M
$3.3M
Q2 24
$-500.0K
$10.1M
Q1 24
$-57.1M
$-7.5M
FCF Margin
KW
KW
LIVE
LIVE
Q4 25
-45.8%
7.8%
Q3 25
-15.5%
4.2%
Q2 25
21.7%
9.6%
Q1 25
-46.5%
-2.1%
Q4 24
-56.5%
6.8%
Q3 24
-21.7%
2.9%
Q2 24
-0.4%
8.2%
Q1 24
-41.9%
-6.3%
Capex Intensity
KW
KW
LIVE
LIVE
Q4 25
55.2%
1.2%
Q3 25
8.9%
1.7%
Q2 25
9.3%
1.3%
Q1 25
6.1%
2.3%
Q4 24
97.1%
1.6%
Q3 24
17.3%
3.1%
Q2 24
28.2%
1.3%
Q1 24
37.8%
1.4%
Cash Conversion
KW
KW
LIVE
LIVE
Q4 25
0.20×
Q3 25
6.78×
Q2 25
7.50×
2.28×
Q1 25
0.01×
Q4 24
1.26×
19.11×
Q3 24
Q2 24
Q1 24
-0.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KW
KW

Consolidated Portfolio Segment$84.9M70%
Investment Management Fees$30.4M25%
Real Estate$5.1M4%

LIVE
LIVE

Steel Manufacturing Segment$31.9M29%
Flooring Manufacturing Segment$28.9M27%
Retail Flooring Segment$25.3M23%
Retail Entertainment Segment$23.6M22%

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