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| 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 |