Live Nation Entertainment, Inc. (LYV) — Financial statements
Income statement, balance sheet, and cash flow for Live Nation Entertainment, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 25,201↑8.8% | 23,156↑1.9% | 22,726↑36.2% | 16,681↑166.1% | 6,268 | |
| Cost of Revenue | 19,402↑12.0% | 17,328↑0.4% | 17,251↑39.7% | 12,348↑183.5% | 4,356 | |
| Gross Profit | 5,799↓0.5% | 5,827↑6.4% | 5,476↑26.4% | 4,334↑126.6% | 1,912 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 4,042↑15.2% | 3,509↑20.0% | 2,924↑69.2% | 1,728 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 55↑14.5% | 48↑49.1% | 32↑76.8% | 18 | |
| SG&A Expenses | 4,092↓0.1% | 4,096↑15.2% | 3,557↑20.3% | 2,956↑69.3% | 1,746 | |
| Other Expenses | 223↓75.3% | 907↑8.7% | 834↑27.1% | 656↑12.2% | 584 | |
| Operating Expenses | 4,315↓13.7% | 5,003↑13.9% | 4,391↑21.6% | 3,612↑55.0% | 2,330 | |
| Total Costs & Expenses | 23,717↑6.2% | 22,331↑3.2% | 21,641↑35.6% | 15,959↑138.7% | 6,686 | |
| Operating Results | ||||||
| Operating Income | 1,484↑80.0% | 825↓24.0% | 1,085↑50.3% | 722↑272.8% | -418 | |
| Depreciation & Amortization | 727↑32.2% | 550↑6.4% | 517↑14.8% | 450↑8.1% | 416 | |
| EBITDA | 2,074↑28.4% | 1,615↓9.3% | 1,780↑46.0% | 1,219↑1293.9% | 87 | |
| EBIT | 1,347↑26.4% | 1,065↓15.7% | 1,264↑64.3% | 769↑333.9% | -329 | |
| Interest & Other Income | ||||||
| Net Interest Income | -166↑2.4% | -170↓51.0% | -112↑44.0% | -201↑27.2% | -276 | |
| Interest Income | 150↓3.7% | 156↓34.3% | 238↑206.4% | 78↑1071.6% | 7 | |
| Interest Expense | 316↓3.0% | 326↓6.9% | 350↑25.8% | 278↓1.4% | 282 | |
| Non-Operating Income | 137↑157.0% | -241↓34.9% | -179↓280.2% | -47↑47.2% | -89 | |
| Other Income / Expenses | -453↓432.9% | -85↑50.4% | -172↑25.9% | -232↓19.7% | -193 | |
| Income Before Tax | 1,031↑39.4% | 739↓19.0% | 913↑86.2% | 491↑180.2% | -611 | |
| Income Tax Expense | 340↑186.7% | -392↓287.0% | 209↑80.7% | 116↑4773.2% | -2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 691↓38.9% | 1,131↑60.7% | 704↑87.9% | 375↑161.5% | -609 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 496↓44.7% | 896↑60.9% | 557↑109.0% | 266↑140.9% | -651 | |
| Bottom-Line Net Income | -55↓108.5% | 647↑109.2% | 309↑158.6% | 120↑117.8% | -671 | |
| EPS (Basic) | -0.24↓108.7% | 2.77↑105.2% | 1.35↑104.5% | 0.66↑121.4% | -3.09 | |
| EPS (Diluted) | -0.24↓108.8% | 2.74↑104.5% | 1.34↑109.4% | 0.64↑120.7% | -3.09 | |
| Weighted Average Shares | 232↑0.7% | 230↑0.7% | 229↑1.7% | 225↑3.5% | 217 | |
| Weighted Average Diluted Shares | 232↓1.9% | 236↑2.3% | 231↓0.3% | 232↑6.6% | 217 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.