LYV Q2 2024 Earnings — Live Nation Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

LYVLive Nation Entertainment, Inc.

$38B

Q2 2024 Earnings

Communication Services Entertainment

Income Statement

Revenue

$6.0B+7.0% YoY

Gross Profit

$1.6B26.8% margin

Operating Income

$466M7.7% margin

Net Income

$298M4.9% margin

EPS (Diluted)

$1.03

QoQ Revenue Growth

+58.5%

Cash Flow

Operating Cash Flow

$412M

Free Cash Flow

$224M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$20.5B

Total Liabilities

$18.9B

Stockholders' Equity

-$43M

Cash & Equivalents

$6.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$5.6B	+7.0%
Gross Profit	$1.6B	$1.5B	+10.2%
Operating Income	$466M	$386M	+20.6%
Net Income	$298M	$294M	+1.5%

Revenue Segments

Sponsorship and Advertising

$1.7B58%

Concerts

$1.2B40%

Ticketing

$61M2%