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

Live Nation Entertainment's (LYV) quarterly Operating Expenses came in at $1.5 billion in Q1 2026, up 75.9% year-on-year from $865.2 million in Q1 2025, and up 6.27% quarter-over-quarter from $1.4 billion in Q4 2025.

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

Live Nation Entertainment's Operating Expenses history runs 16 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 75.9% year-over-year to $1.5 billion in Q1 2026; TTM through Mar 2026 was $5.2 billion, a 23.8% increase from a year earlier, with the FY2025 full-year figure at $4.6 billion, up 3.52% from the prior year.
  • Operating Expenses advanced to $1.5 billion in Q1 2026 per LYV's latest filing, from $1.4 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.5 billion in Q1 2026 and bottomed at $602.6 million in Q1 2022.
  • The 5-year median for Operating Expenses is $1.1 billion (2024), against an average of $1.0 billion.
  • Across the five-year window, Operating Expenses surged 105.18% in 2022 and dropped 18.2% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $987.0 million in 2022, then increased by 8.45% to $1.1 billion in 2023, then rose by 16.11% to $1.2 billion in 2024, then grew by 15.21% to $1.4 billion in 2025, then grew by 6.27% to $1.5 billion in 2026.
  • Per Business Quant, the three latest LYV Operating Expenses figures stand at $1.5 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.1 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 1.32 Bn
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 21.38 Bn
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn 11.36 Bn
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 1.52 Bn
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 647.00 Mn
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 513.16 Mn
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 1.26 Bn
8 Fox 20.85 Bn 17.36 Bn - 2.49 Bn
9 News 16.48 Bn 15.01 Bn - 952.00 Mn
10 Sirius Xm Holdings 10.04 Bn 9.96 Bn 2.09 Bn 1.64 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.52 Bn
Dec 31, 2025 1.43 Bn
Sep 30, 2025 1.12 Bn
Jun 30, 2025 1.15 Bn
Mar 31, 2025 865.16 Mn
Dec 31, 2024 1.24 Bn
Sep 30, 2024 1.10 Bn
Jun 30, 2024 1.01 Bn
Mar 31, 2024 1.06 Bn
Dec 31, 2023 1.07 Bn
Sep 30, 2023 1.07 Bn
Jun 30, 2023 950.07 Mn
Mar 31, 2023 753.34 Mn
Dec 31, 2022 987.04 Mn
Sep 30, 2022 872.63 Mn
Jun 30, 2022 731.46 Mn
Mar 31, 2022 602.59 Mn
Dec 31, 2021 716.38 Mn
Sep 30, 2021 491.58 Mn
Jun 30, 2021 356.49 Mn