Financials in USD. Standardized financial statements.
A compact view of how Live Nation Entertainment, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $25.20B | $23.16B | $22.73B | $16.68B | $6.27B | $1.86B | $11.55B | $10.79B | $9.69B | $7.83B |
| Revenue Growth? | +8.8% | +1.9% | +36.2% | +166.1% | +236.8% | -83.9% | +7.0% | +11.4% | +23.8% | 0.0% |
| Cost of Revenue? | $19.40B | $17.33B | $17.25B | $12.35B | $4.36B | $1.40B | $8.47B | $7.97B | $7.18B | $5.64B |
| Gross Profit? | $5.80B | $5.83B | $5.48B | $4.33B | $1.91B | $458.78M | $3.08B | $2.82B | $2.51B | $2.19B |
| Gross Margin? | +23.0% | +25.2% | +24.1% | +26.0% | +30.5% | +24.6% | +26.7% | +26.1% | +25.9% | +27.9% |
| Operating Expenses? | $4.32B | $5.00B | $4.39B | $3.61B | $2.33B | $2.11B | $2.76B | $2.55B | $2.41B | $1.99B |
| Operating Income? | $1.48B | $824.51M | $1.08B | $722.03M | -$417.86M | -$1.65B | $324.84M | $272.54M | $91.40M | $194.94M |
| EBITDA? | $2.07B | $1.62B | $1.78B | $1.22B | $87.45M | -$1.14B | $786.62M | $658.61M | $470.59M | $473.42M |
| Income Before Tax | $1.03B | $739.43M | $913.27M | $490.52M | -$611.27M | -$1.86B | $185.10M | $131.10M | -$9.38M | $48.33M |
| Income Tax Expense | $339.79M | -$391.70M | $209.48M | $115.94M | -$2.48M | -$28.88M | $66.89M | $40.77M | -$17.15M | $28.03M |
| Net Income? | $495.97M | $896.29M | $556.89M | $266.44M | -$650.90M | -$1.72B | $69.89M | $60.25M | -$6.01M | $2.94M |
| EPS? | $-0.24 | $2.77 | $1.35 | $0.66 | $-3.09 | $-8.12 | $-0.02 | $-0.09 | $-0.48 | $-0.23 |
| Diluted EPS? | $-0.24 | $2.74 | $1.34 | $0.64 | $-3.09 | $-8.12 | $-0.02 | $-0.09 | $-0.48 | $-0.23 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality