LYV (Live Nation Entertainment, Inc.) Stock Financials & Earnings

LYVLive Nation Entertainment, Inc.

Mkt Cap$38B

Revenue (TTM)$25.2B

Net Income (TTM)$496M

EPS (TTM)-$0.23

Free Cash Flow (TTM)$334M

Gross Margin45.4%

Op. Margin5.4%

Net Margin2.0%

FCF Margin1.3%

P/S Ratio (TTM)1.5x

P/E Ratio (TTM)77.2x

YoY Rev Growth+8.8%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$3.1B	$1.0B	$143M
Q2 23	$5.6B	$1.5B	$386M
Q3 23	$8.2B	$1.9B	$654M
Q4 23	$5.8B	$1.2B	-$81M
Q1 24	$3.8B	$1.1B	-$41M
Q2 24	$6.0B	$1.6B	$466M
Q3 24	$7.7B	$1.9B	$640M
Q4 24	$5.7B	$1.2B	-$239M
Q1 25	$3.4B	$1.1B	$115M
Q2 25	$7.0B	$1.8B	$487M
Q3 25	$8.5B	$7.2B	$792M
Q4 25	$6.3B	$1.3B	-$26M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 23	$690M	—	—
Q2 23	—	—	$869M
Q3 23	—	—	$974M
Q4 23	—	—	$1.0B
Q1 24	$982M	—	—
Q2 24	—	—	$926M
Q3 24	—	—	$1.0B
Q4 24	—	—	$1.2B
Q1 25	$779M	—	—
Q2 25	—	$1.0B	—
Q3 25	—	—	$1.0B
Q4 25	—	—	$1.3B

Revenue Segments

Quarter	Concerts	Sponsorship and Advertising	Ticketing
Q1 23	$2.3B	$170M	$678M
Q2 23	$4.6B	$303M	$709M
Q4 23	$4.9B	—	$740M
Q1 25	$2.5B	$216M	$695M
Q2 25	$5.9B	$341M	$743M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$7.0B	$0	$7.0B
Q2 23	$7.1B	$0	$7.1B
Q3 23	$5.9B	$0	$5.9B
Q4 23	$6.2B	$0	$6.2B
Q1 24	$6.5B	$0	$6.5B
Q2 24	$6.4B	$0	$6.4B
Q3 24	$5.5B	$0	$5.5B
Q4 24	$6.1B	$0	$6.1B
Q1 25	$7.2B	$0	$7.2B
Q2 25	$7.1B	$0	$7.1B
Q3 25	$6.8B	$0	$6.8B
Q4 25	$7.1B	$0	$7.1B

Shares Outstanding

Revenue Per Employee

Revenue / Employee