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Vivid Seats Inc.

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Key Metrics

Previous Close: $7.00
52-Week Range: $5.06 – $18.73
Market Cap: $74.87M
P/E (TTM): —
EPS (TTM): -43.85
Dividend Yield: —

Advanced Metrics

Price/Book: —
PEG Ratio: —
Return on Equity: -395.99%
Return on Assets: -3.82%
Gross Margin: 68.33%
Operating Margin: -4.96%
Profit Margin: -60.26%
Current Ratio: 0.66
Debt/Equity: —
Total Debt: $401.03M
Free Cash Flow: $21.17M
Revenue Growth: -9.50%
Earnings Growth: —
Enterprise Value: $339.22M

SEAT Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$600.27M	$712.88M	$775.59M	$570.78M
Cost of Revenue	$140.51M	$182.18M	$201.85M	$173.44M
Gross Profit	$459.77M	$530.70M	$573.73M	$397.34M
Selling, General & Admin	$375.99M	$433.18M	$479.83M	$403.93M
Operating Expenses	$383.73M	$450.36M	$531.51M	$453.83M
Operating Income	$76.04M	$80.34M	$42.23M	-$56.50M
EBITDA	$91.95M	$102.44M	$91.83M	-$577.46M
Pretax Income	$69.19M	$70.94M	$22.72M	-$652.11M
Income Tax	-$1.59M	-$42.20M	$8.42M	$69.39M
Net Income	$28.66M	$74.54M	$9.43M	-$429.30M
Diluted EPS	7.34	10.22	1.42	-39.89
Diluted Shares	3.90M	6.69M	6.62M	10.76M

SEAT Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$251.54M	$125.48M	$243.48M	$102.70M
Receivables	$36.53M	$58.48M	$48.31M	$30.66M
Inventory	$12.78M	$21.02M	$19.60M	$18.17M
Current Assets	$331.52M	$245.99M	$345.17M	$178.47M
Total Assets	$1.15B	$1.55B	$1.64B	$636.87M
Current Liabilities	$378.01M	$487.76M	$425.79M	$303.28M
Long-Term Debt	$264.90M	$264.63M	$384.96M	$383.43M
Total Debt	$282.56M	$284.78M	$407.64M	$403.81M
Total Liabilities	$671.27M	$963.34M	$1.02B	$722.00M
Retained Earnings	-$1.01B	-$939.60M	-$930.17M	-$1.36B
Shareholders' Equity	-$382.70M	$105.02M	$261.11M	-$85.13M
Working Capital	-$46.50M	-$241.77M	-$80.61M	-$124.81M
Net Debt	$16.11M	$143.08M	$145.43M	$284.66M

SEAT Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$14.38M	$147.32M	$53.92M	-$91.60M
Capital Expenditure	-$15.41M	-$12.78M	-$24.39M	-$19.25M
Free Cash Flow	-$1.03M	$134.54M	$29.53M	-$110.85M
Depreciation & Amortisation	$9.90M	$18.00M	$45.94M	$50.91M
Stock-Based Compensation	$19.05M	$27.61M	$50.43M	$36.73M
Investing Cash Flow	-$15.41M	-$225.64M	-$26.74M	-$20.17M
Financing Cash Flow	-$236.48M	-$43.43M	$86.08M	-$29.37M
Dividends Paid	$0.00	$0.00	—	—
Share Repurchases	-$32.49M	-$20.09M	-$22.98M	-$18.30M
Net Change in Cash	-$237.52M	-$121.75M	$113.26M	-$141.14M

SEAT Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Revenue	$164.02M	$143.57M	$136.37M	$126.81M	$125.78M
Cost of Revenue	$44.52M	$42.43M	$44.34M	$42.14M	$39.20M
Gross Profit	$119.50M	$101.14M	$92.03M	$84.67M	$86.59M
Selling, General & Admin	$113.63M	$99.10M	$100.41M	$90.79M	$82.62M
Operating Expenses	$123.82M	$112.41M	$114.88M	$102.72M	$95.38M
Operating Income	-$4.32M	-$11.28M	-$22.85M	-$18.05M	-$8.79M
EBITDA	$10.66M	-$169.19M	-$9.11M	-$409.82M	$2.45M
Pretax Income	-$6.63M	-$187.16M	-$28.94M	-$429.37M	-$15.79M
Income Tax	$3.15M	$76.17M	-$9.23M	-$704.00K	-$1.16M
Net Income	-$5.94M	-$139.68M	-$8.53M	-$275.16M	-$14.63M
Diluted EPS	-0.94	-25.40	-1.91	-25.57	-1.33
Diluted Shares	10.46M	10.35M	10.30M	10.76M	10.99M

SEAT Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Cash & Equivalents	$199.47M	$153.01M	$145.11M	$102.70M	$143.56M
Receivables	$56.86M	$49.53M	$38.48M	$30.66M	$36.42M
Inventory	$27.65M	$32.62M	$23.57M	$18.17M	$28.88M
Current Assets	$319.79M	$264.93M	$233.91M	$178.47M	$243.27M
Total Assets	$1.61B	$1.15B	$1.11B	$636.87M	$691.74M
Current Liabilities	$416.28M	$367.08M	$348.22M	$303.28M	$371.10M
Long-Term Debt	$385.79M	$385.00M	$384.21M	$383.43M	$382.63M
Total Debt	$407.95M	$406.62M	$405.24M	$403.81M	$402.42M
Total Liabilities	$999.20M	$803.11M	$771.58M	$722.00M	$787.13M
Retained Earnings	-$936.11M	-$1.08B	-$1.08B	-$1.36B	-$1.37B
Shareholders' Equity	$380.71M	$217.34M	$272.15M	-$85.13M	-$95.39M
Working Capital	-$96.49M	-$102.15M	-$114.31M	-$124.81M	-$127.83M
Net Debt	$190.27M	$235.94M	$243.05M	$284.66M	$243.01M

SEAT Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Operating Cash Flow	-$25.29M	-$28.62M	$512.00K	-$38.20M	$46.01M
Capital Expenditure	-$7.42M	-$4.24M	-$4.60M	-$2.99M	-$3.08M
Free Cash Flow	-$32.71M	-$32.86M	-$4.08M	-$41.20M	$42.92M
Depreciation & Amortisation	$11.63M	$12.34M	$13.72M	$13.22M	$12.31M
Stock-Based Compensation	$10.75M	$11.65M	$11.48M	$2.85M	$4.41M
Investing Cash Flow	-$7.57M	-$4.09M	-$4.60M	-$3.91M	-$3.10M
Financing Cash Flow	-$11.57M	-$13.87M	-$4.02M	$96.00K	-$1.82M
Share Repurchases	-$5.99M	-$9.87M	-$2.43M	-$3.00K	$0.00
Net Change in Cash	-$44.43M	-$46.59M	-$8.11M	-$42.02M	$41.08M

Market Snapshot

About

Vivid Seats Inc. is an online ticket marketplace that connects buyers and sellers for live entertainment events including sports, concerts, and theater. The company operates a platform that aggregates ticket inventory from thousands of sellers to provide consumers with a wide selection of event tickets. Vivid Seats generates revenue through service fees and commissions on ticket sales.