Vivid Seats (SEAT)

NasdaqMarket Closed

Vivid Seats Inc. operates an online marketplace that connects fans with tickets to live events. Through its website and mobile apps, the company provides access to sports, concerts, theatre, comedy and other entertainment experiences. Its platform serves buyers looking for event access, sellers seeking liquidity for tickets, and partners that use Vivid Seats’ technology and distribution to reach audiences.

The company’s largest business is its Marketplace segment. In this segment, Vivid Seats acts as an intermediary rather than the event organiser, earning revenue by facilitating ticket transactions between buyers and sellers. The platform includes search, pricing, checkout, fulfilment and customer support tools intended to make secondary ticket purchasing more efficient. Vivid Seats also works with entertainment and consumer brands through official partnerships, helping extend its reach beyond direct traffic to its own properties.

Vivid Seats also operates a Resale segment. This business acquires tickets and resells them through secondary marketplaces, including the company’s own platform. It supports pricing, inventory management and related technology functions, including tools associated with Skybox, a ticketing software platform used by professional sellers.

The company is active primarily in North America and also has a presence in Japan. Its performance is linked to consumer demand for live entertainment, event supply, ticket pricing, marketing efficiency and the competitive dynamics of the ticketing industry. Vivid Seats competes in a market shaped by major primary ticketing platforms, secondary exchanges and changing rules around ticket resale.

For investors, Vivid Seats is a consumer internet and live entertainment stock. Its distinctive position is its role as a technology-enabled marketplace for event access, with revenue tied to transaction volume across a wide range of cultural and sporting events.

9.54USD
+1.58(+19.85%)

Last updated

Market Cap
$87,459,792
P/E
P/FCF
P/S
0.16
Enterprise Value
$346,325,792
Sector
Consumer Discretionary
Industry
Miscellaneous Amusement And Recreation
Address
24 E. WASHINGTON STREET, CHICAGO, IL, 60602
Market Cap
$87,459,792
Enterprise Value
$346,325,792
P/E
P/B
-0.92
P/S
0.16
EV / EBITDA
-31.81
EV / Sales
0.65
EPS
-39.86
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$20,655,000
ROE
459.15%
ROA
-63.32%
Debt / Equity
-4.22
Current Ratio
0.65
Quick Ratio
0.58
Cash
0.39
Avg Volume
$103,148
Fundamentals Snapshot Price
7.96

Income Statement

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Revenue125.78M126.81M136.37M143.57M164.02M
Cost of revenue39.2M42.14M44.34M42.43M44.53M
Gross profit86.59M84.67M92.03M101.14M119.5M
Operating income-8.79M-420.63M-22.85M-331.73M-4.32M
EBITDA3.52M-6.35M-9.12M1.07M7.3M
Net income-14.63M-275.16M-8.53M-139.68M-5.94M
Income taxes-1.16M-704K-9.23M76.17M3.16M
Interest expense-5.93M-6.33M-6.11M-5.63M-5.67M
Other operating expenses0402.57M0320.45M0
Total operating expenses95.38M505.3M114.88M432.86M123.82M
Basic EPS-1.35-35.68-1.31-1.07-0.89
Diluted EPS-1.35-40.95-1.91-1.27-0.94

Balance Sheet

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Total assets691.74M636.87M1.11B1.15B1.61B
Total liabilities787.13M722M771.58M803.11M999.2M
Total equity-95.39M-85.13M335.5M217.34M606.34M
Cash & equivalents143.56M102.7M145.11M153.01M199.47M
Current assets242.66M177.87M233.31M263.95M318.57M
Current liabilities371.1M303.28M348.22M367.08M416.28M
Accounts payable224.77M153.42M199.16M204.24M226.42M
Receivables36.42M30.66M38.48M49.53M56.86M
Inventories28.88M18.17M23.57M32.62M27.65M
Goodwill283.67M283.92M648.62M649.42M945.3M
Long-term debt398.49M399.88M401.29M402.67M404.01M

Cash Flow

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Operating cash flow46.01M-38.2M512K-28.62M-25.29M
Investing cash flow-3.1M-3.91M-4.6M-4.09M-7.57M
Financing cash flow-1.82M96K-4.02M-13.87M-11.57M
Change in cash40.85M-42.41M-8.27M-46.71M-43.96M
Net income-14.63M-428.66M-19.71M-263.33M-9.79M
KindFilingDateLink
edgar index4 — Vivid Seats Inc.View Filing
edgar index8-K — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — Arnett AustinView Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
form 4Form 4 — Pickus EdwardView Filing
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form 4Form 4 — Arnett AustinView Filing
form 4Form 4 — Arnett AustinView Filing
form 4Form 4 — Arnett AustinView Filing
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form 4Form 4 — Thomas Joseph D. Jr.View Filing
form 4Form 4 — Thomas Joseph D. Jr.View Filing
form 4Form 4 — Thomas Joseph D. Jr.View Filing
form 4Form 4 — Fey LawrenceView Filing
form 4Form 4 — Fey LawrenceView Filing
form 4Form 4 — Fey LawrenceView Filing
form 4Form 4 — Fey LawrenceView Filing
form 4Form 4 — Langenbacher StefanoView Filing
form 4Form 4 — Langenbacher StefanoView Filing
form 4Form 4 — Langenbacher StefanoView Filing
form 4Form 4 — Langenbacher StefanoView Filing
form 4Form 4 — Langenbacher StefanoView Filing
form 4Form 4 — Stewart AdamView Filing
form 4Form 4 — Dixon Craig A.View Filing
form 4Form 4 — Donnini DavidView Filing
form 4Form 4 — Masino Julie D.View Filing
form 4Form 4 — Boehly Todd LView Filing
form 4Form 4 — ANDERSON MARK M.View Filing
form 4Form 4 — DeFlorio Jane E.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
form 4Form 4 — ANDERSON MARK M.View Filing
form 4Form 4 — ANDERSON MARK M.View Filing
form 4Form 4 — Dixon Craig A.View Filing
form 4Form 4 — Dixon Craig A.View Filing
form 4Form 4 — Donnini DavidView Filing
form 4Form 4 — Donnini DavidView Filing
form 4Form 4 — Stewart AdamView Filing
form 4Form 4 — Stewart AdamView Filing
form 4Form 4 — Masino Julie D.View Filing
form 4Form 4 — Masino Julie D.View Filing
form 4Form 4 — DeFlorio Jane E.View Filing
form 4Form 4 — DeFlorio Jane E.View Filing
form 4Form 4 — Boehly Todd LView Filing
form 4Form 4 — Boehly Todd LView Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
edgar index4 — Vivid Seats Inc.View Filing
form 4Form 4 — Arnett AustinView Filing
form 4Form 4 — Fey LawrenceView Filing
form 4Form 4 — Fey LawrenceView Filing
form 4Form 4 — Arnett AustinView Filing
form 4Form 4 — Arnett AustinView Filing
form 4Form 4 — Langenbacher StefanoView Filing
form 4Form 4 — Langenbacher StefanoView Filing