LYV

MKT CAP:$36B

Live Nation Entertainment, Inc.

Market Cap

$36B

Communication Services·Entertainment·🇺🇸 United States·NYSE

Communication·Entertainment·🇺🇸·NYSE

Stock Price

$156.08+$10.77 (+7.41%)

Apr 24, 2026

Company Details

Live Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and ...

CEO

Michael Rapino

IPO Date

Dec 21, 2005

Website

www.livenationentertainment.com

Key Metrics TTM

Revenue

$8.5B

— YoY

Net Income

$431M

EPS (Diluted)

$0.73

Free Cash Flow

-$350M

Revenue / Share

$36.20

Gross Margin

85.1%

Operating Margin

9.3%

Net Margin

5.1%

FCF Margin

-4.1%

P/S

4.3x

P/E

84.0x

Earnings Reports

Q4 2025

May 7, 2026

PENDING

Q3 2025

Nov 4, 2025

$8.5BEPS $0.73

Q2 2024

Jul 30, 2024

$6.0BEPS $1.03

FY 2007

Feb 29, 2008

$3.8B+14.0%EPS -$0.17

FY 2006

Mar 1, 2007

$3.3BEPS -$0.48

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 24	$6.0B	$1.6B	$466M
Q3 25	$8.5B	$7.2B	$792M

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 24	$412M	$224M
Q3 25	-$96M	-$350M

Capital Expenditures

Quarter	CapEx
Q2 24	$188M
Q3 25	$255M

CapEx

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 24	$28M	0.5%
Q3 25	$41M	0.5%

OpEx Breakdown

Quarter	SG&A
Q2 24	$926M
Q3 25	$1.0B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$5.9B	$0	$5.9B
Q2 22	$5.9B	$0	$5.9B
Q3 22	$5.0B	$0	$5.0B
Q4 22	$5.6B	$0	$5.6B
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

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 24	245M	—	—
Q3 25	235M	-4.2%	—

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 24	$409.8K	15K
Q3 25	$524.6K	16K

Revenue / Employee