Vivid Seats Inc. SEAT
We are an online ticket marketplace that utilizes our technology platform to connect fans of live events seamlessly with ticket sellers. We believe in the power of shared experiences to connect people with live events that deliver some of life's most exciting moments, and our mission is to empower and enable fans to Experience It Live.
For ticket buyers, we represent a differentiated value proposition. In addition to our compelling and easy-to-use mobile app and website: our ‘Lowest Price Guarantee' is designed to ensure that we provide the most competitively priced tickets among our competitors; our ‘100% Buyer Guarantee' promotes safe and secure transactions; our Vivid Seats Rewards loyalty program allows enrolled buyers to earn reward credits to spend on future orders; and our in-app Game Center engages users with the opportunity to win free tickets or promotional discounts.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $450.5M | $647.9M | $597.4M | $511.1M | $389.7M | $23.3M | $403.6M | — |
| Pre-tax income | -$652.1M | $22.7M | $70.9M | $69.2M | -$18.8M | -$774.2M | -$53.8M | — |
| Income tax | $69.4M | $8.4M | $42.2M | $1.6M | $304.0K | — | — | — |
| Net income | $806.1M | $13.4M | $69.4M | $70.8M | -$5.0M | -$774.2M | -$53.8M | — |
| EPS, basic | — | — | 16.08 | — | — | — | — | — |
| EPS, diluted | — | 1.12 | 5.15 | — | — | — | — | — |
| Shares, diluted (wtd. avg.) | — | 10.5M | 9.9M | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $102.7M | $243.5M | $132.4M | $252.3M | $489.8M | $285.3M | $81.3M | $100.4M |
| Receivables | $30.7M | $48.3M | $58.5M | $36.5M | $36.1M | — | — | — |
| Inventory | $18.2M | $19.6M | $21.0M | $12.8M | $11.8M | — | — | — |
| Total current assets | $178.5M | $345.2M | $246.0M | $331.5M | $610.2M | — | — | — |
| Property, plant and equipment | $12.4M | $12.6M | $10.2M | $10.4M | $1.1M | — | — | — |
| Goodwill | $283.9M | $943.1M | $947.4M | $715.3M | $718.2M | $377.1M | — | — |
| Other intangibles | $141.5M | $233.1M | $241.2M | $82.0M | $78.5M | $107.4M | — | — |
| Total assets | $636.9M | $1.64B | $1.55B | $1.15B | $1.41B | — | — | — |
| Accounts payable | $153.4M | $233.0M | $257.5M | $161.3M | $191.2M | — | — | — |
| Total current liabilities | $303.3M | $425.8M | $487.8M | $378.0M | $497.5M | — | — | — |
| Long-term debt | $383.4M | $385.0M | $264.6M | $264.9M | $460.1M | $870.9M | — | — |
| Total liabilities | $722.0M | $1.02B | $963.3M | — | — | — | — | — |
| Retained earnings | -$1.36B | -$930.2M | -$939.6M | -$1.01B | -$1.04B | — | — | — |
| Total equity | -$85.1M | $261.1M | $105.0M | -$382.7M | -$860.7M | -$271.8M | $518.3M | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$91.6M | $53.9M | $147.3M | $14.4M | $175.8M | -$33.9M | $76.5M | — |
| Depreciation and amortisation | $2.2M | $1.7M | $1.4M | $600.0K | $100.0K | $600.0K | $1.1M | — |
| Stock-based compensation | $36.7M | $50.4M | $27.6M | $19.1M | $6.0M | $4.3M | $5.2M | — |
| Capital expenditure | $2.2M | $4.2M | $895.0K | $3.6M | $1.1M | $341.0K | $1.3M | — |
| Investing cash flow | -$20.2M | -$26.7M | -$225.6M | -$15.4M | -$9.3M | -$7.6M | -$40.2M | — |
| Financing cash flow | -$29.4M | $86.1M | -$43.4M | -$236.5M | $38.0M | $245.5M | -$55.5M | — |
| Buybacks | $18.3M | $23.0M | $20.1M | $32.5M | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-103023.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $403.6M | $23.3M | $389.7M | $511.1M | $597.4M | $647.9M | $450.5M |
| Gross profit | — | — | — | — | — | — | — | — |
| Net income | — | -$53.8M | -$774.2M | -$5.0M | $70.8M | $69.4M | $13.4M | $806.1M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Officer or director change Item 5.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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