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LYV (Live Nation Entertainment, Inc.) Stock Financials & Earnings | Market Cap Arena
LYV
Live Nation Entertainment, Inc.
Mkt Cap
$38B
Communication Services
·
Entertainment
·
🇺🇸 United States
·
NYSE
Revenue (TTM)
$25.2B
Net Income (TTM)
$496M
EPS (TTM)
-$0.23
Free Cash Flow (TTM)
$334M
Gross Margin
45.4%
Op. Margin
5.4%
Net Margin
2.0%
FCF Margin
1.3%
P/S Ratio (TTM)
1.5x
P/E Ratio (TTM)
77.2x
YoY Rev Growth
+8.8%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
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
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
2.1x
111.6x
Q2 23
2.0x
85.3x
Q3 23
1.8x
62.9x
Q4 23
1.7x
63.7x
Q1 24
1.6x
69.6x
Q2 24
1.6x
69.1x
Q3 24
1.6x
79.0x
Q4 24
1.7x
42.7x
Q1 25
1.7x
39.3x
Q2 25
1.6x
41.6x
Q3 25
1.6x
42.6x
Q4 25
1.5x
77.2x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
$1.2B
$1.0B
Q2 23
$491M
$370M
Q3 23
-$892M
-$996M
Q4 23
$608M
$475M
Q1 24
$989M
$843M
Q2 24
$412M
$224M
Q3 24
-$721M
-$887M
Q4 24
$1.0B
$870M
Q1 25
$1.3B
$1.1B
Q2 25
$223M
-$40M
Q3 25
-$96M
-$350M
Q4 25
-$54M
-$406M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$117M
Q2 23
$121M
Q3 23
$104M
Q4 23
$134M
Q1 24
$146M
Q2 24
$188M
Q3 24
$166M
Q4 24
$175M
Q1 25
$192M
Q2 25
$263M
Q3 25
$255M
Q4 25
$352M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+73.5%
+68.1%
Q2 23
+27.0%
+27.4%
Q3 23
+32.5%
+32.8%
Q4 23
+36.1%
+34.2%
Q1 24
+21.5%
+28.7%
Q2 24
+7.0%
+6.0%
Q3 24
-6.2%
-6.5%
Q4 24
-2.7%
+0.0%
Q1 25
-11.0%
-14.9%
Q2 25
+16.3%
+17.3%
Q3 25
+11.1%
+9.9%
Q4 25
+11.1%
+7.1%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$28M
0.9%
Q2 23
$28M
0.5%
Q3 23
$31M
0.4%
Q4 23
$30M
0.5%
Q1 24
$31M
0.8%
Q2 24
$28M
0.5%
Q3 24
$26M
0.3%
Q4 24
$25M
0.4%
Q1 25
$25M
0.7%
Q2 25
$62M
0.9%
Q3 25
$41M
0.5%
Q4 25
$0
0.0%
marketcaparena.com
OpEx Breakdown
G&A
S&M
SG&A
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
marketcaparena.com
Revenue Segments
Concerts
Sponsorship and Advertising
Ticketing
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
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
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
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
228M
-1.3%
Q2 23
244M
+6.8%
Q3 23
244M
+0.2%
Q4 23
233M
-4.4%
Q1 24
229M
-1.6%
Q2 24
245M
+6.8%
Q3 24
245M
+0.1%
Q4 24
238M
-3.0%
Q1 25
231M
-2.9%
Q2 25
234M
+1.4%
Q3 25
235M
+0.1%
Q4 25
235M
+0.3%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$1M
6K
FY 15
$805K
9K
FY 16
$1M
6K
FY 17
$775K
13K
FY 18
$830K
13K
FY 19
$750K
15K
FY 20
$121K
15K
FY 21
$522K
12K
FY 22
$1M
13K
FY 23
$2M
15K
FY 24
$1M
16K
FY 25
$1M
18K
marketcaparena.com