LYV Q2 2023 Earnings — Live Nation Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

LYVLive Nation Entertainment, Inc.

$38B

Q2 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$5.6B+27.0% YoY

Gross Profit

$1.5B26.0% margin

Operating Income

$386M6.9% margin

Net Income

$294M5.2% margin

EPS (Diluted)

$1.02

QoQ Revenue Growth

+80.0%

Cash Flow

Operating Cash Flow

$491M

Free Cash Flow

$370M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$19.9B

Total Liabilities

$18.8B

Stockholders' Equity

-$187M

Cash & Equivalents

$7.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.6B	$4.4B	+27.0%
Gross Profit	$1.5B	$1.2B	+25.6%
Operating Income	$386M	$319M	+21.2%
Net Income	$294M	$188M	+56.4%

Revenue Segments

Concerts

$4.6B82%

Ticketing

$709M13%

Sponsorship and Advertising

$303M5%