Vivid Seats Inc. (SEAT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 125.78M | 126.81M | 136.37M | 143.57M | 164.02M | 199.81M | 186.6M | 198.32M | 190.85M | 198.3M | 188.13M | 165.38M | 161.06M | 164.99M | 156.82M | 147.69M | 130.77M | 163.89M | 139.54M | 115.5M |
| Revenue Growth % | -23.31% | -36.53% | -26.92% | -27.61% | -14.06% | 0.76% | -0.81% | 19.92% | 18.5% | 20.19% | 19.97% | 11.97% | 23.16% | 0.67% | 12.38% | 27.88% | 442.31% | 11648.24% | 2070.32% | - |
| Cost of Goods Sold | 39.2M | 42.14M | 44.34M | 42.43M | 44.52M | 52.48M | 51.03M | 48.77M | 49.58M | 51.35M | 50.46M | 42.62M | 37.76M | 38.3M | 37.62M | 32.42M | 32.16M | 36.23M | 30.48M | 19.99M |
| COGS % of Revenue | 31.16% | 33.23% | 32.51% | 29.55% | 27.15% | 26.26% | 27.35% | 24.59% | 25.98% | 25.89% | 26.82% | 25.77% | 23.44% | 23.22% | 23.99% | 21.95% | 24.6% | 22.11% | 21.84% | 17.3% |
| Gross Profit | 86.59M | 84.67M | 92.03M | 101.14M | 119.5M | 147.34M | 135.58M | 149.55M | 141.27M | 146.96M | 137.67M | 122.76M | 123.3M | 126.69M | 119.2M | 115.27M | 98.61M | 127.66M | 109.06M | 95.51M |
| Gross Margin % | 68.84% | 66.77% | 67.49% | 70.45% | 72.85% | 73.74% | 72.65% | 75.41% | 74.02% | 74.11% | 73.18% | 74.23% | 76.56% | 76.78% | 76.01% | 78.05% | 75.4% | 77.89% | 78.16% | 82.7% |
| Gross Profit Growth % | -27.54% | -42.53% | -32.12% | -32.37% | -15.41% | 0.26% | -1.52% | 21.82% | 14.57% | 16% | 15.49% | 6.5% | 25.04% | -0.76% | 9.3% | 20.69% | 388.42% | 13060.1% | 1561.77% | - |
| Operating Expenses | 95.38M | 102.72M | 114.88M | 432.86M | 123.82M | 144.43M | 124.81M | 141.67M | 120.59M | 136.86M | 117.55M | 105.15M | 89.79M | 101.93M | 97.5M | 97.34M | 84.89M | 82.11M | 93.59M | 76.03M |
| OpEx % of Revenue | 75.83% | 81% | 84.24% | 301.51% | 75.49% | 72.28% | 66.88% | 71.44% | 63.19% | 69.02% | 62.48% | 63.58% | 55.75% | 61.78% | 62.17% | 65.91% | 64.91% | 50.1% | 67.07% | 65.83% |
| Selling, General & Admin | 83.07M | 90.79M | 100.41M | 99.1M | 113.63M | 128.3M | 113.39M | 125.64M | 112.49M | 123.75M | 113.76M | 103M | 86.7M | 99.79M | 96.39M | 93.18M | 82.26M | 106.8M | 70.81M | 64.44M |
| SG&A % of Revenue | 66.04% | 71.59% | 73.63% | 69.03% | 69.28% | 64.21% | 60.77% | 63.36% | 58.94% | 62.4% | 60.47% | 62.28% | 53.83% | 60.48% | 61.46% | 63.09% | 62.91% | 65.17% | 50.74% | 55.8% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K |
| Operating Income | -7.7M | -18.05M | -22.85M | -331.73M | -4.32M | 2.9M | 10.77M | 7.88M | 20.68M | 10.1M | 20.12M | 17.61M | 33.51M | 24.76M | 21.7M | 17.93M | 13.72M | 45.55M | 15.47M | 19.48M |
| Operating Margin % | -6.12% | -14.24% | -16.75% | -231.06% | -2.63% | 1.45% | 5.77% | 3.97% | 10.83% | 5.09% | 10.69% | 10.65% | 20.81% | 15.01% | 13.84% | 12.14% | 10.49% | 27.79% | 11.09% | 16.87% |
| Operating Income Growth % | -78.29% | -721.87% | -312.21% | -4308.64% | -120.9% | -71.25% | -46.49% | -55.25% | -38.3% | -59.22% | -7.29% | -1.75% | 144.24% | -45.65% | 40.26% | -7.99% | 448.93% | 368.7% | 170.63% | - |
| EBITDA | 4.6M | -4.84M | -9.12M | -319.38M | 7.3M | 17.18M | 21.43M | 18.38M | 31.16M | 19.49M | 23.42M | 20.32M | 36.11M | 29.39M | 23.86M | 19.65M | 15.11M | 46.36M | 16.18M | 19.98M |
| EBITDA Margin % | 3.66% | -3.81% | -6.69% | -222.46% | 4.45% | 8.6% | 11.49% | 9.27% | 16.33% | 9.83% | 12.45% | 12.29% | 22.42% | 17.81% | 15.21% | 13.31% | 11.55% | 28.29% | 11.6% | 17.3% |
| EBITDA Growth % | -36.97% | -128.14% | -142.56% | -1837.29% | -76.56% | -11.83% | -8.48% | -9.51% | -13.71% | -33.69% | -1.84% | 3.38% | 139.05% | -36.61% | 47.43% | -1.66% | 515.31% | 376.61% | 174.15% | - |
| D&A (Non-Cash Add-back) | 12.31M | 13.22M | 13.72M | 12.34M | 11.63M | 14.28M | 10.67M | 10.5M | 10.48M | 9.39M | 3.3M | 2.7M | 2.6M | 4.63M | 2.16M | 1.73M | 1.39M | 816K | 711K | 500K |
| EBIT | -7.7M | -423.04M | -22.83M | -181.53M | -968K | 3.33M | 19.79M | 4.68M | 18.09M | 12.84M | 21.16M | 16.61M | 33.84M | 26.37M | 21.77M | 26.76M | 7.16M | 8.33M | 15.47M | 19.48M |
| Net Interest Income | -5.93M | -6.33M | -6.11M | -5.63M | -5.67M | -6.47M | -6.3M | -5.32M | -5.08M | -4.91M | -2.54M | -2.77M | -3.28M | -3.32M | -2.9M | -2.7M | -3.94M | -7.7M | -17.32M | -16.84M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 5.93M | 6.33M | 6.11M | 5.63M | 5.67M | 6.47M | 6.3M | 5.32M | 5.08M | 4.91M | 2.54M | 2.77M | 3.28M | 3.32M | 2.9M | 2.7M | 3.94M | 7.7M | 17.32M | 16.84M |
| Other Income/Expense | -8.09M | -411.31M | -6.1M | 144.56M | -2.31M | -6.04M | 2.72M | -8.53M | -7.66M | -2.17M | -1.51M | -3.77M | -2.95M | -1.71M | -2.84M | 6.13M | -10.51M | -45.22M | -17.32M | -16.84M |
| Pretax Income | -15.79M | -429.37M | -28.94M | -187.16M | -6.63M | -3.13M | 13.49M | -644K | 13.01M | 7.93M | 18.61M | 13.84M | 30.56M | 23.05M | 18.86M | 24.06M | 3.21M | 324K | -1.85M | 2.65M |
| Pretax Margin % | -12.55% | -338.58% | -21.22% | -130.37% | -4.04% | -1.57% | 7.23% | -0.32% | 6.82% | 4% | 9.89% | 8.37% | 18.97% | 13.97% | 12.03% | 16.29% | 2.46% | 0.2% | -1.32% | 2.29% |
| Income Tax | -1.16M | -704K | -9.23M | 76.17M | 3.15M | 1.28M | 4.29M | 577K | 2.27M | -20.59M | 2.6M | -24.48M | 285K | -1.78M | 118K | 0 | 76K | 0 | 0 | 0 |
| Effective Tax Rate % | 7.33% | 0.16% | 31.89% | -40.69% | -47.57% | -40.89% | 31.81% | -89.6% | 17.44% | -259.66% | 13.94% | -176.9% | 0.93% | -7.74% | 0.63% | 0% | 2.36% | 0% | 0% | 0% |
| Net Income | -14.63M | -275.16M | -8.53M | -139.68M | -5.94M | -886K | 5.3M | -1.06M | 6.08M | 24.96M | 6.68M | 30.71M | 12.18M | 10.09M | 7.66M | 9.65M | 1.26M | 3.33M | -1.85M | 2.65M |
| Net Margin % | -11.63% | -216.98% | -6.25% | -97.29% | -3.62% | -0.44% | 2.84% | -0.53% | 3.18% | 12.59% | 3.55% | 18.57% | 7.56% | 6.11% | 4.89% | 6.54% | 0.96% | 2.03% | -1.32% | 2.29% |
| Net Income Growth % | -146.23% | -30956.21% | -260.99% | -13064.47% | -197.78% | -103.55% | -20.68% | -103.45% | -50.11% | 147.55% | -12.87% | 218.09% | 867.59% | 202.49% | 514.89% | 265.03% | 106.22% | 109.99% | 95.41% | - |
| Net Income (Continuing) | -14.63M | -428.66M | -19.71M | -263.33M | -9.79M | -4.41M | 9.2M | -1.22M | 10.74M | 28.52M | 16.02M | 38.33M | 30.27M | 24.83M | 18.75M | 24.06M | 3.14M | 324K | -1.85M | 2.65M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 63.34M | 128.82M | 225.63M | 352.92M | 282.03M | 438.29M | 456.59M | 481.74M | 640.72M | 790.42M | 901.87M | 862.86M | 905.41M | 882.95M | 1.31B | 1.29B | 0 | 0 |
| EPS (Diluted) | -1.35 | -40.95 | -1.91 | -25.40 | -0.94 | -0.08 | 0.51 | -0.18 | 0.88 | 1.96 | 1.65 | 4.00 | 3.00 | 2.40 | 4.60 | 5.40 | 0.79 | 0.84 | -0.48 | 0.69 |
| EPS Growth % | -43.62% | -48650% | -474.51% | -14011.11% | -206.82% | -104.28% | -69.05% | -104.5% | -70.67% | -18.25% | -64.17% | -25.93% | 278.79% | 184.36% | 1058.33% | 684.88% | 115.23% | 109.81% | 95.38% | - |
| EPS (Basic) | -1.35 | -35.68 | -3.04 | -21.40 | -0.89 | -0.13 | 0.81 | -0.17 | 0.91 | 3.40 | 3.40 | 7.20 | 7.80 | 6.20 | 4.60 | 5.40 | 0.79 | 0.84 | -0.48 | 0.69 |
| Diluted Shares Outstanding | 10.82M | 10.47M | 10.3M | 10.35M | 10.46M | 10.46M | 10.43M | 10.4M | 10.55M | 9.62M | 9.72M | 9.82M | 9.79M | 9.94M | 4.1M | 3.96M | 3.96M | 3.95M | 3.85M | 3.85M |
| Basic Shares Outstanding | 10.82M | 7.71M | 6.49M | 6.53M | 6.64M | 6.62M | 6.58M | 6.59M | 6.7M | 5.41M | 4.82M | 4.26M | 3.87M | 4.04M | 4.1M | 3.96M | 3.96M | 3.95M | 3.85M | 3.85M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 530.83% | - | - |