| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 97.53 | 27.1% |
| Total Income | 97.53 | 27.1% |
| Expenditure | 112.16 | 22.3% |
| PBT | — | |
| Net Profit | -14.63 | 38.7% |
| OPM | — | |
| NPM | -15.00% | 7.11pp |
| EPS | — |
Vivid Seats Reports Q1 2026 Results: Revenue $125.8 Million
05 May 2026 · 5 May, 4:12 pm
Summary
Vivid Seats Inc. reported its financial results for the first quarter ended March 31, 2026. The company's revenue was $125.8 million. The Marketplace GOV reached $612.4 million. The company experienced a net loss of $14.6 million and an adjusted EBITDA of $9.5 million. For the year ending December 31, 2026, Vivid Seats anticipates Marketplace GOV in the range of $2.2 billion to $2.6 billion and Adjusted EBITDA in the range of $30.0 million to $40.0 million.
Key Highlights
- 1
Vivid Seats reported Marketplace GOV of $612.4 million for the first quarter of 2026.
- 2
Revenues for Vivid Seats reached $125.8 million in the first quarter of 2026.
- 3
The company reported a net loss of $14.6 million for Q1 2026.
- 4
Adjusted EBITDA for Vivid Seats was $9.5 million in the first quarter of 2026.
- 5
Vivid Seats anticipates Marketplace GOV in the range of $2.2 billion to $2.6 billion for the year ending December 31, 2026.
- 6
The company expects Adjusted EBITDA in the range of $30.0 million to $40.0 million for the year ending December 31, 2026.
Management Comments
Lawrence Fey
“Our first quarter performance reflects strong execution and meaningful progress against our Fiscal 2026 priorities with results at or above the high end of our guidance,” said Lawrence Fey, Chief Executive Officer of Vivid Seats. “We delivered sequential growth in GOV and Adjusted EBITDA along with substantial cash generation in the quarter. The improvements we are seeing are important steps as we pursue a return to growth over the course of 2026 and beyond.”
Informational and educational content only. Not investment advice.