Live Nation Entertainment (LYV) Operating Expenses (2011 - 2026)
Live Nation Entertainment posted quarterly Operating Expenses of $1.1 billion for Q1 2026, up 22.19% year-on-year from $868.4 million in Q1 2025, and down 23.92% on a QoQ basis from $1.4 billion in Q4 2025.
Live Nation Entertainment (LYV) has 16 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $1.4 billion in Q4 2025 and bottomed at $620.9 million in Q1 2022.
- The 5-year median for Operating Expenses is $1.0 billion (2023), against an average of $990.4 million.
- The widest annual swing landed in 2022, when Operating Expenses soared 91.66%; it then slipped 17.47% in 2025.
- A 5-year view of Operating Expenses shows it stood at $970.4 million in 2022, then increased by 8.91% to $1.1 billion in 2023, then climbed by 14.37% to $1.2 billion in 2024, then advanced by 15.39% to $1.4 billion in 2025, then decreased 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 | 362.63 Bn | 350.34 Bn | 11.41 Bn | 1.56 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 21.38 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 11.36 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 1.06 Bn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 2.49 Bn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 647.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 513.16 Mn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 952.00 Mn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 1.26 Bn |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 379.83 Mn |
| Dec 31, 2020 | 342.36 Mn |
| Sep 30, 2020 | 467.50 Mn |
| Jun 30, 2020 | 388.33 Mn |
| Mar 31, 2020 | 571.87 Mn |
| Dec 31, 2019 | 682.03 Mn |
| Sep 30, 2019 | 599.54 Mn |
| Jun 30, 2019 | 567.84 Mn |
| Mar 31, 2019 | 516.54 Mn |
| Dec 31, 2018 | 612.98 Mn |
| Sep 30, 2018 | 572.88 Mn |
| Jun 30, 2018 | 519.79 Mn |
| Mar 31, 2018 | 476.75 Mn |
| Dec 31, 2017 | 656.27 Mn |
| Sep 30, 2017 | 511.68 Mn |
| Jun 30, 2017 | 470.19 Mn |
| Mar 31, 2017 | 419.22 Mn |
| Dec 31, 2016 | 457.19 Mn |
| Sep 30, 2016 | 451.03 Mn |
| Jun 30, 2016 | 409.24 Mn |
| Mar 31, 2016 | 371.42 Mn |
| Dec 31, 2015 | 447.66 Mn |
| Sep 30, 2015 | 402.80 Mn |
| Jun 30, 2015 | 363.90 Mn |
| Mar 31, 2015 | 346.15 Mn |
| Dec 31, 2014 | 397.94 Mn |
| Sep 30, 2014 | 383.24 Mn |
| Jun 30, 2014 | 358.54 Mn |
| Mar 31, 2014 | 334.82 Mn |
| Dec 31, 2013 | 359.48 Mn |
| Sep 30, 2013 | 358.39 Mn |
| Jun 30, 2013 | 326.57 Mn |
| Mar 31, 2013 | 311.06 Mn |
| Dec 31, 2012 | 346.55 Mn |
| Sep 30, 2012 | 316.84 Mn |
| Jun 30, 2012 | 309.83 Mn |
| Mar 31, 2012 | 298.38 Mn |
| Dec 31, 2011 | 289.93 Mn |
| Sep 30, 2011 | 287.96 Mn |
| Jun 30, 2011 | 267.50 Mn |
| Mar 31, 2011 | 274.63 Mn |