Financials in USD. Standardized financial statements.
A compact view of how Vivid Seats Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $570.78M | $775.59M | $712.88M | $600.27M | $443.04M | $35.08M | $468.93M |
| Revenue Growth? | -26.4% | +8.8% | +18.8% | +35.5% | +1163.0% | -92.5% | 0.0% |
| Cost of Revenue? | $173.44M | $201.85M | $182.18M | $140.51M | $90.62M | $24.69M | $106.00M |
| Gross Profit? | $397.34M | $573.73M | $530.70M | $459.77M | $352.42M | $10.39M | $362.92M |
| Gross Margin? | +69.6% | +74.0% | +74.4% | +76.6% | +79.5% | +29.6% | +77.4% |
| Operating Expenses? | $453.83M | $531.51M | $449.36M | $381.66M | $275.85M | $726.40M | $372.86M |
| Operating Income? | -$56.50M | $42.23M | $81.34M | $78.11M | $76.57M | -$716.02M | -$9.94M |
| EBITDA? | -$577.46M | $91.83M | $102.44M | $91.95M | $41.68M | -$668.46M | $80.73M |
| Income Before Tax | -$652.11M | $22.72M | $70.94M | $69.19M | -$18.82M | -$774.18M | -$53.85M |
| Income Tax Expense | $69.39M | $8.42M | -$42.20M | -$1.59M | $304,000 | $0 | $0 |
| Net Income? | -$429.30M | $9.43M | $74.54M | $28.66M | -$16.12M | -$774.18M | -$53.85M |
| EPS? | $-59.20 | $1.42 | $11.00 | $17.60 | $-0.85 | $-244.60 | $-24.80 |
| Diluted EPS? | $-69.20 | $1.12 | $5.20 | $7.20 | $-0.85 | $-244.60 | $-24.80 |
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