Vivid Seats SEAT
NASDAQ SEAT
$5.84 -0.18 (-2.99%)
As of: Aug 31, 2026 · 3:59 PM EDT

Vivid Seats (SEAT) Cost of Revenue (2020 - 2026)

Vivid Seats (SEAT) posted quarterly Cost of Revenue of $39.2 million for Q1 2026, up 66.6% year-over-year from $23.5 million in Q1 2025, and up 166.2% quarter-over-quarter from -$59.2 million in Q4 2025.

Analysis

Vivid Seats (SEAT) Cost of Revenue (2020 - 2026) Analysis & Trends

Vivid Seats' Cost of Revenue history runs 7 years deep, the most recent figure standing at $39.2 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 66.6% year-over-year to $39.2 million; the TTM figure through Mar 2026 stood at $42.5 million (down 57.6% YoY), while the FY2025 annual figure was $72.1 million, down 27.52% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $39.2 million, up from -$59.2 million in the prior quarter.
  • The five-year high for Cost of Revenue was $118.1 million in Q4 2023, with the low at -$59.2 million in Q4 2025.
  • The 5-year median for Cost of Revenue is $25.1 million (2023), against an average of $25.2 million.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue soared 719.46% in 2022, then sank 335.86% in 2025.
  • Vivid Seats' Cost of Revenue stood at -$34.8 million in 2022, then jumped by 439.15% to $118.1 million in 2023, then plunged by 78.74% to $25.1 million in 2024, then tumbled by 335.86% to -$59.2 million in 2025, then jumped by 166.2% to $39.2 million in 2026.
  • Business Quant data shows SEAT's Cost of Revenue at $39.2 million in Q1 2026, -$59.2 million in Q4 2025, and $44.3 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 45.94 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 11.33 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 3.70 Bn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 133.60 Mn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 70.31 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn 732.09 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn 735.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 257.35 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 204.26 Mn
10 Vivid Seats 65.08 Mn -72.50 Mn 91.22 Mn 38.64 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 38.64 Mn
Jun 30, 2026 38.64 Mn
Mar 31, 2026 39.20 Mn
Mar 31, 2026 39.20 Mn
Dec 31, 2025 42.14 Mn
Dec 31, 2025 42.14 Mn
Sep 30, 2025 44.34 Mn
Sep 30, 2025 44.34 Mn
Jun 30, 2025 42.43 Mn
Jun 30, 2025 42.43 Mn
Mar 31, 2025 44.53 Mn
Mar 31, 2025 44.53 Mn
Dec 31, 2024 52.48 Mn
Dec 31, 2024 52.48 Mn
Sep 30, 2024 51.03 Mn
Sep 30, 2024 51.03 Mn
Jun 30, 2024 48.77 Mn
Jun 30, 2024 48.77 Mn
Mar 31, 2024 49.58 Mn
Mar 31, 2024 49.58 Mn