Vivid Seats Inc. (SEAT) — Financial statements
Income statement, balance sheet, and cash flow for Vivid Seats Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 571↓26.4% | 776↑8.8% | 713↑18.8% | 600↑35.5% | 443 | |
| Cost of Revenue | 173↓14.1% | 202↑10.8% | 182↑29.7% | 141↑55.1% | 91 | |
| Gross Profit | 397↓30.7% | 574↑8.1% | 531↑15.4% | 460↑30.5% | 352 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 173↓10.9% | 195↑27.1% | 153↑20.0% | 128↑38.5% | 92 | |
| Selling & Marketing Expenses | 231↓19.1% | 285↑4.0% | 274↑10.4% | 248↑37.0% | 181 | |
| SG&A Expenses | 404↓15.8% | 480↑12.3% | 427↑13.6% | 376↑37.5% | 274 | |
| Other Expenses | 50↓3.4% | 52↑133.4% | 22↑290.7% | 6↑144.1% | 2 | |
| Operating Expenses | 454↓14.6% | 532↑18.3% | 449↑17.7% | 382↑38.4% | 276 | |
| Total Costs & Expenses | 627↓14.5% | 733↑16.1% | 632↑20.9% | 522↑42.5% | 366 | |
| Operating Results | ||||||
| Operating Income | -56↓233.8% | 42↓48.1% | 81↑4.1% | 78↑2.0% | 77 | |
| Depreciation & Amortization | 51↑10.8% | 46↑155.3% | 18↑81.7% | 10↑326.4% | 2 | |
| EBITDA | -577↓728.9% | 92↓10.4% | 102↑11.4% | 92↑120.6% | 42 | |
| EBIT | -628↓1469.3% | 46↓45.7% | 84↑2.9% | 82↑108.5% | 39 | |
| Interest & Other Income | ||||||
| Net Interest Income | -24↓2.5% | -23↓71.6% | -14↓5.0% | -13↑77.9% | -58 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 24↑2.5% | 23↑71.6% | 14↑5.0% | 13↓77.9% | 58 | |
| Non-Operating Income | 572↑15699.2% | -4↓17.9% | -3↑21.1% | -4↓110.6% | 37 | |
| Other Income / Expenses | -596↓2953.5% | -20↓87.6% | -10↓16.6% | -9↑90.7% | -95 | |
| Income Before Tax | -652↓2970.3% | 23↓68.0% | 71↑2.5% | 69↑467.5% | -19 | |
| Income Tax Expense | 69↑724.3% | 8↑119.9% | -42↓2554.0% | -2↓623.0% | 0.30 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -721↓5144.7% | 14↓87.4% | 113↑59.9% | 71↑470.0% | -19 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -429↓4654.9% | 9↓87.4% | 75↑160.1% | 29↑277.8% | -16 | |
| Bottom-Line Net Income | -721↓6244.0% | 12↓77.1% | 51↓27.6% | 71↑2255.9% | -3 | |
| EPS (Basic) | -59.20↓4269.0% | 1.42↓87.1% | 11.00↓37.5% | 17.60↑2170.6% | -0.85 | |
| EPS (Diluted) | -69.20↓6278.6% | 1.12↓78.5% | 5.20↓27.8% | 7.20↑947.1% | -0.85 | |
| Weighted Average Shares | 7↑9.6% | 7↑42.8% | 5↑15.5% | 4↑3.6% | 4 | |
| Weighted Average Diluted Shares | 10↓0.3% | 10↑5.2% | 10↑0.1% | 10↑156.4% | 4 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.