Live Nation Entertainment (LYV) Operating Expenses (2011 - 2026)

Live Nation Entertainment (LYV) reported Operating Expenses of $1.1 billion for Q1 2026, up 22.19% on a YoY basis from $868.4 million in Q1 2025, and down 23.92% quarter-over-quarter from $1.4 billion in Q4 2025.

Live Nation Entertainment (LYV) Operating Expenses (2011 - 2026) Analysis & Trends

Live Nation Entertainment has reported Operating Expenses for 16 years, with the latest figure at $1.1 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 22.19% year-over-year to $1.1 billion; the trailing twelve-month figure through Mar 2026 stood at $4.7 billion (up 11.99% YoY), and the FY2025 full-year result was $4.5 billion, up 2.82% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.1 billion, down from $1.4 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.4 billion in Q4 2025, with the low at $620.9 million in Q1 2022.
  • Historically, Operating Expenses has averaged $990.4 million across 5 years, with a median of $1.0 billion in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 91.66% — and 2025, when it slipped 17.47%.
  • Live Nation Entertainment's Operating Expenses stood at $970.4 million in 2022, then grew by 8.91% to $1.1 billion in 2023, then advanced by 14.37% to $1.2 billion in 2024, then gained by 15.39% to $1.4 billion in 2025, then retreated by 23.92% to $1.1 billion in 2026.
  • The last three Operating Expenses figures came in at $1.1 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 1.56 Bn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 21.38 Bn
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn 11.36 Bn
4 Brera Holdings 53.07 Bn 53.07 Bn - 1.60 Mn
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn 1.06 Bn
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 647.00 Mn
7 Fox 20.41 Bn 16.92 Bn - 2.49 Bn
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 513.16 Mn
9 News 15.92 Bn 14.45 Bn - 952.00 Mn
10 TKO Group Holdings 15.40 Bn 13.70 Bn 862.52 Mn 1.26 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 383.78 Mn