Live Nation Entertainment (LYV) Operating Expenses (2011 - 2026)
Live Nation Entertainment's Operating Expenses was $1.26 billion in Q2 2026, up 14.5% from $1.1 billion a year earlier and up 18.4% from the prior quarter.
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Analysis
Live Nation Entertainment (LYV) Operating Expenses (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Live Nation Entertainment's Operating Expenses was $4.82 billion through Jun 30, 2026, up 13.2% year-over-year; for FY2025, it was $4.47 billion, up 2.8% from FY2024.
- Operating Expenses has now increased for five consecutive years, with a five-year compound annual growth rate of 20.3% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $4.34 billion in FY2024 (+14.8%), $3.78 billion in FY2023 (+18.9%), $3.18 billion in FY2022 (+60.9%) and $1.98 billion in FY2021 (+11.7%).
- Quarterly Operating Expenses has moved between $502.24 million (Q3 2021) and $1.39 billion (Q4 2025) over five years.
- Compared with a year earlier, Operating Expenses has increased for five straight quarters, with growth averaging 8.1% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2021 (growth of 107.9%); the worst was Q1 2025 (a decline of 17.5%).
- Per Business Quant data, LYV's Operating Expenses in the three quarters before Q2 2026 was $1.06 billion (Q1 2026), $1.39 billion (Q4 2025) and $1.11 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.51 Bn | 9.58 Bn | 1.94 Bn | 1.26 Bn |
| 2 | TKO Group Holdings | 34.58 Bn | 31.54 Bn | 990.96 Mn | 1.12 Bn |
| 3 | Liberty Media | 19.43 Bn | 14.75 Bn | 329.00 Mn | 846.00 Mn |
| 4 | Liberty Live Holdings | 8.93 Bn | 6.98 Bn | 30.26 Mn | 148.00 Mn |
| 5 | Madison Square Garden Entertainment | 3.31 Bn | 2.50 Bn | 75.84 Mn | 70.26 Mn |
| 6 | Amc Entertainment Holdings | 2.37 Bn | 456.31 Mn | 1.05 Bn | 1.36 Bn |
| 7 | Emerald Holding | 997.46 Mn | 523.66 Mn | 99.50 Mn | 71.90 Mn |
| 8 | Marcus | 882.04 Mn | 813.63 Mn | 106.56 Mn | 204.68 Mn |
| 9 | Reading International | 41.78 Mn | 12.09 Mn | 14.10 Mn | 59.42 Mn |
| 10 | Nip | 31.30 Mn | -28,742.19 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.26 Bn |
| Mar 31, 2026 | 1.06 Bn |
| Dec 31, 2025 | 1.39 Bn |
| Sep 30, 2025 | 1.11 Bn |
| Jun 30, 2025 | 1.10 Bn |
| Mar 31, 2025 | 868.38 Mn |
| Dec 31, 2024 | 1.21 Bn |
| Sep 30, 2024 | 1.08 Bn |
| Jun 30, 2024 | 1.00 Bn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 1.06 Bn |
| Sep 30, 2023 | 1.04 Bn |
| Jun 30, 2023 | 938.56 Mn |
| Mar 31, 2023 | 748.03 Mn |
| Dec 31, 2022 | 970.41 Mn |
| Sep 30, 2022 | 854.73 Mn |
| Jun 30, 2022 | 735.57 Mn |
| Mar 31, 2022 | 620.94 Mn |
| Dec 31, 2021 | 711.82 Mn |
| Sep 30, 2021 | 502.24 Mn |
API Access
Live Nation Entertainment Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=LYV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "LYV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=LYV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();