LYV Q3 2023 Earnings — Live Nation Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

LYVLive Nation Entertainment, Inc.

$38B

Q3 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$8.2B+32.5% YoY

Gross Profit

$1.9B22.8% margin

Operating Income

$654M8.0% margin

Net Income

$521M6.4% margin

EPS (Diluted)

$1.93

QoQ Revenue Growth

+44.8%

Cash Flow

Operating Cash Flow

-$892M

Free Cash Flow

-$996M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$19.1B

Total Liabilities

$17.4B

Stockholders' Equity

$222M

Cash & Equivalents

$5.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.2B	$6.2B	+32.5%
Gross Profit	$1.9B	$1.4B	+28.4%
Operating Income	$654M	$506M	+29.1%
Net Income	$521M	$361M	+44.3%

Revenue Segments

Concerts

$7.0B76%

Sponsorship and Advertising

$1.4B15%

Ticketing

$833M9%