Live Nation Entertainment (LYV) Cost of Revenue (2011 - 2026)

Live Nation Entertainment has reported Cost of Revenue for 16 years, with the latest figure at $2.5 billion in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 9.91% year-over-year to $2.5 billion; the trailing twelve-month figure through Mar 2026 stood at $698.3 million (down 97.08% YoY), and the FY2025 full-year result was $474.7 million, down 97.27% from the prior year.
• Cost of Revenue for Q1 2026 stood at $2.5 billion, up from -$13.4 billion in the prior quarter.
• The five-year high for Cost of Revenue was $17.1 billion in Q4 2024, with the low at -$13.4 billion in Q4 2025.
• Historically, Cost of Revenue has averaged $3.5 billion across 5 years, with a median of $2.7 billion in 2024.
• Annual changes were most pronounced in 2023 — Cost of Revenue soared 21353.65% — and 2025, when it sank 178.41%.
• Live Nation Entertainment's Cost of Revenue stood at $79.5 million in 2022, then soared by 21353.65% to $17.0 billion in 2023, then advanced by 0.46% to $17.1 billion in 2024, then slumped by 178.41% to -$13.4 billion in 2025, then surged by 118.46% to $2.5 billion in 2026.
• The last three Cost of Revenue figures came in at $2.5 billion (Q1 2026), -$13.4 billion (Q4 2025), and $6.4 billion (Q3 2025), per Business Quant data.