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Side-by-side financial comparison of Proficient Auto Logistics, Inc (PAL) and Vivid Seats Inc. (SEAT). Click either name above to swap in a different company.

Vivid Seats Inc. is the larger business by last-quarter revenue ($97.5M vs $91.5M, roughly 1.1× Proficient Auto Logistics, Inc). Vivid Seats Inc. runs the higher net margin — 1212.8% vs -1.5%, a 1214.3% gap on every dollar of revenue.

Proficient Auto Logistics, Inc. is a specialized automotive sector logistics provider. It offers tailored solutions including finished vehicle transport, auto parts storage and distribution, and supply chain support for automotive industry stakeholders, prioritizing reliable, efficient service delivery.

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.

PAL vs SEAT — Head-to-Head

Bigger by revenue
SEAT
SEAT
1.1× larger
SEAT
$97.5M
$91.5M
PAL
Higher net margin
SEAT
SEAT
1214.3% more per $
SEAT
1212.8%
-1.5%
PAL

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
PAL
PAL
SEAT
SEAT
Revenue
$91.5M
$97.5M
Net Profit
$-1.4M
$1.2B
Gross Margin
Operating Margin
-2.4%
Net Margin
-1.5%
1212.8%
Revenue YoY
-41.0%
Net Profit YoY
12369.2%
EPS (diluted)
$-0.05

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
PAL
PAL
SEAT
SEAT
Q4 25
$97.5M
Q3 25
$104.8M
Q2 25
$114.5M
Q1 25
$133.7M
Q4 24
$165.2M
Q3 24
$91.5M
$152.7M
Q2 24
$170.0M
Q1 24
$160.0M
Net Profit
PAL
PAL
SEAT
SEAT
Q4 25
$1.2B
Q3 25
$-30.2M
Q2 25
$-335.4M
Q1 25
$-10.6M
Q4 24
$-9.6M
Q3 24
$-1.4M
$10.6M
Q2 24
$-437.0K
Q1 24
$12.9M
Operating Margin
PAL
PAL
SEAT
SEAT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-2.4%
Q2 24
Q1 24
Net Margin
PAL
PAL
SEAT
SEAT
Q4 25
1212.8%
Q3 25
-28.9%
Q2 25
-293.0%
Q1 25
-7.9%
Q4 24
-5.8%
Q3 24
-1.5%
7.0%
Q2 24
-0.3%
Q1 24
8.0%
EPS (diluted)
PAL
PAL
SEAT
SEAT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-0.05
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
PAL
PAL
SEAT
SEAT
Cash + ST InvestmentsLiquidity on hand
$16.8M
$102.7M
Total DebtLower is stronger
$64.0M
$16.5M
Stockholders' EquityBook value
$338.5M
$-85.1M
Total Assets
$498.2M
$636.9M
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAL
PAL
SEAT
SEAT
Q4 25
$102.7M
Q3 25
$145.1M
Q2 25
$153.0M
Q1 25
$199.5M
Q4 24
$243.5M
Q3 24
$16.8M
$202.3M
Q2 24
$234.3M
Q1 24
$154.0M
Total Debt
PAL
PAL
SEAT
SEAT
Q4 25
$16.5M
Q3 25
$17.1M
Q2 25
$17.7M
Q1 25
$18.2M
Q4 24
$18.7M
Q3 24
$64.0M
$15.8M
Q2 24
$16.1M
Q1 24
$15.7M
Stockholders' Equity
PAL
PAL
SEAT
SEAT
Q4 25
$-85.1M
Q3 25
$272.2M
Q2 25
$217.3M
Q1 25
$380.7M
Q4 24
$261.1M
Q3 24
$338.5M
$329.4M
Q2 24
$155.8M
Q1 24
$139.6M
Total Assets
PAL
PAL
SEAT
SEAT
Q4 25
$636.9M
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$498.2M
$1.6B
Q2 24
$1.7B
Q1 24
$1.6B
Debt / Equity
PAL
PAL
SEAT
SEAT
Q4 25
Q3 25
0.06×
Q2 25
0.08×
Q1 25
0.05×
Q4 24
0.07×
Q3 24
0.19×
0.05×
Q2 24
0.10×
Q1 24
0.11×

Cash Flow & Capital Efficiency

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

Metric
PAL
PAL
SEAT
SEAT
Operating Cash FlowLast quarter
$-38.2M
Free Cash FlowOCF − Capex
$-38.3M
FCF MarginFCF / Revenue
-39.3%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
-0.03×
TTM Free Cash FlowTrailing 4 quarters
$-93.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAL
PAL
SEAT
SEAT
Q4 25
$-38.2M
Q3 25
$512.0K
Q2 25
$-28.6M
Q1 25
$-25.3M
Q4 24
$47.8M
Q3 24
$-19.2M
Q2 24
$-13.8M
Q1 24
$39.2M
Free Cash Flow
PAL
PAL
SEAT
SEAT
Q4 25
$-38.3M
Q3 25
$502.0K
Q2 25
$-28.8M
Q1 25
$-27.1M
Q4 24
$44.3M
Q3 24
$-19.6M
Q2 24
$-14.1M
Q1 24
$39.1M
FCF Margin
PAL
PAL
SEAT
SEAT
Q4 25
-39.3%
Q3 25
0.5%
Q2 25
-25.2%
Q1 25
-20.3%
Q4 24
26.8%
Q3 24
-12.8%
Q2 24
-8.3%
Q1 24
24.4%
Capex Intensity
PAL
PAL
SEAT
SEAT
Q4 25
0.1%
Q3 25
0.0%
Q2 25
0.2%
Q1 25
1.4%
Q4 24
2.1%
Q3 24
0.3%
Q2 24
0.2%
Q1 24
0.1%
Cash Conversion
PAL
PAL
SEAT
SEAT
Q4 25
-0.03×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-1.81×
Q2 24
Q1 24
3.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PAL
PAL

Segment breakdown not available.

SEAT
SEAT

Concerts$34.3M35%
Resale$29.3M30%
Theater$24.4M25%
Private Label$7.2M7%
Other$2.2M2%

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