Growth Metrics

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 🔒
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
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