SEAT · Vivid Seats Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $97.53M | - | $104.81M | $114.48M | $133.74M | - | $152.65M | $170.05M | $160.01M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $12.31M | - | - | - | $11.63M | - | - | - | $10.48M | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($14.63M) | - | $10.63M | ($437.0K) | ($10.55M) | - | $10.63M | ($437.0K) | $6.08M | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | ($1.35) | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $143.56M | $102.70M | $145.11M | $153.01M | $199.47M | $243.48M | $202.27M | $234.29M | $154.03M | $125.48M |
| Accounts Receivable | $36.42M | $30.66M | $38.48M | $49.53M | $56.86M | $48.31M | $65.31M | $68.63M | $69.65M | $58.48M |
| Inventory | $28.88M | $18.17M | $23.57M | $32.62M | $27.65M | $19.60M | $22.25M | $30.25M | $29.50M | $21.02M |
| Accounts Payable | $224.77M | $153.42M | $199.16M | $204.24M | $226.42M | $232.98M | $224.33M | $266.50M | $307.40M | $257.51M |
| Current Assets | $243.27M | $178.47M | $233.91M | $264.93M | $319.79M | $345.17M | $325.92M | $370.82M | $296.86M | $245.99M |
| Total Assets | $691.74M | $636.87M | $1.11B | $1.15B | $1.61B | $1.64B | $1.61B | $1.65B | $1.59B | $1.55B |
| Current Liabilities | $371.10M | $303.28M | $348.22M | $367.08M | $416.28M | $425.79M | $412.69M | $469.61M | $525.17M | $487.76M |
| Long-term Debt | $382.63M | $383.43M | $384.21M | $385.00M | $385.79M | $384.96M | $385.73M | $386.51M | $264.01M | $264.63M |
| Total Liabilities | $787.13M | $722.00M | $771.58M | $803.11M | $999.20M | $1.02B | - | - | - | $963.34M |
| Stockholders' Equity | ($95.39M) | ($85.13M) | $272.15M | $217.34M | $380.71M | $261.11M | $329.44M | $155.81M | $139.55M | $105.02M |
| Retained Earnings | ($1.37B) | ($1.36B) | ($1.08B) | ($1.08B) | ($936.11M) | ($930.17M) | ($929.28M) | ($934.58M) | ($933.52M) | ($939.60M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $46.01M | - | - | - | ($25.29M) | - | - | - | $39.16M | - |
| Investing Cash Flow | ($3.10M) | - | - | - | ($7.57M) | - | - | - | ($5.29M) | - |
| Financing Cash Flow | ($1.82M) | - | - | - | ($11.57M) | - | - | - | ($4.61M) | - |
| CapEx | $23.0K | - | - | - | $1.84M | - | - | - | $92.0K | - |
| Free Cash Flow | $45.98M | - | - | - | ($27.12M) | - | - | - | $39.07M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -15.0% | - | 10.1% | -0.4% | -7.9% | - | 7.0% | -0.3% | 3.8% | - |
| Free cash flow margin | 47.2% | - | - | - | -20.3% | - | - | - | 24.4% | - |
| FCF / Net income | -3.14 | - | - | - | 2.57 | - | - | - | 6.43 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -2.1% | - | 1.0% | -0.0% | -0.7% | - | 0.7% | -0.0% | 0.4% | - |
| Return on equity | 15.3% | - | 3.9% | -0.2% | -2.8% | - | 3.2% | -0.3% | 4.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.66 | 0.59 | 0.67 | 0.72 | 0.77 | 0.81 | 0.79 | 0.79 | 0.57 | 0.50 |
| Quick ratio | 0.58 | 0.53 | 0.60 | 0.63 | 0.70 | 0.76 | 0.74 | 0.73 | 0.51 | 0.46 |
| Cash ratio | 0.39 | 0.34 | 0.42 | 0.42 | 0.48 | 0.57 | 0.49 | 0.50 | 0.29 | 0.26 |
| Leverage | ||||||||||
| Debt / Equity | -4.01 | -4.50 | 1.41 | 1.77 | 1.01 | 1.47 | 1.17 | 2.48 | 1.89 | 2.52 |
| Debt / Assets | 0.55 | 0.60 | 0.35 | 0.33 | 0.24 | 0.24 | 0.24 | 0.23 | 0.17 | 0.17 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -7.25 | -7.48 | 4.07 | 5.29 | 4.22 | 6.27 | 4.89 | 10.62 | 11.39 | 14.76 |
| Liabilities / Assets | 1.14 | 1.13 | 0.70 | 0.70 | 0.62 | 0.62 | - | - | - | 0.62 |
| Efficiency | ||||||||||
| Asset turnover | 0.14 | - | 0.09 | 0.10 | 0.08 | - | 0.09 | 0.10 | 0.10 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 136d | - | 134d | 158d | 155d | - | 156d | 147d | 159d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 0.7x | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -27.1% | - | -31.3% | -32.7% | -16.4% | - | -1.1% | 22.2% | 17.2% | - |
| Revenue CAGR (3y) | -10.6% | - | -12.6% | -8.1% | 6.6% | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | -38.6% | - | 0.0% | 0.0% | - | - | 59.2% | - | -50.1% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | -39.8% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | -17.4% | 39.5% | 172.8% | 148.6% | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.14B totalConsolidated$570.78M · 50.0%
Market Place$450.51M · 39.5%
Resale$120.27M · 10.5%
Product / service
$901.02M totalOwned Properties$393.52M · 43.7%
Concerts$186.14M · 20.7%
Sports$142.56M · 15.8%
Theater$102.11M · 11.3%
Private Label$56.99M · 6.3%
Other$19.70M · 2.2%
Peer comparison
Same SIC group: Services-Miscellaneous Amusement & Recreation
Comparing Vivid Seats Inc. against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Oct 28, 2021 | $4.6000 |