Vivid Seats Inc. (SEAT) Cost of Revenue (2020 - 2025)
Vivid Seats (SEAT) posted quarterly Cost of Revenue of $133.1 million for Q4 2025, up 279.06% year-over-year from $35.1 million in Q4 2024, and up 382.91% on a QoQ basis from $27.6 million in Q3 2025.
Vivid Seats Inc. (SEAT) Cost of Revenue (2020 - 2025) Analysis & Trends
Vivid Seats (SEAT) has reported Cost of Revenue for 6 consecutive years, with $133.1 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Cost of Revenue rose 279.06% year-over-year to $133.1 million; the TTM figure through Mar 2026 stood at $160.7 million (up 25.85% YoY), while the FY2025 annual figure was $208.5 million, changed N/A from the prior year.
- Cost of Revenue came in at $133.1 million for Q4 2025 at Vivid Seats, up from $27.6 million in the prior quarter.
- The five-year high for Cost of Revenue was $133.1 million in Q4 2025, with the low at -$101.4 million in Q4 2022.
- Average Cost of Revenue over 5 years is $25.4 million, with a median of $27.6 million recorded in 2025.
- Across the five-year window, Cost of Revenue soared 7940.9% in 2021 and tumbled 3678.06% in 2022, its largest moves.
- Year by year, Cost of Revenue stood at -$2.7 million in 2021, then sank by 3678.06% to -$101.4 million in 2022, then surged by 57.39% to -$43.2 million in 2023, then tumbled by 72.08% to -$74.4 million in 2024, then surged by 279.06% to $133.1 million in 2025.
- According to Business Quant data, Cost of Revenue over the past three periods registered $133.1 million, $27.6 million, and $64.1 million for Q4 2025, Q3 2025, and Q1 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 133.14 Mn |
| Dec 31, 2025 | 133.14 Mn |
| Sep 30, 2025 | 27.57 Mn |
| Sep 30, 2025 | 27.57 Mn |
| Mar 31, 2025 | 64.11 Mn |
| Mar 31, 2025 | 64.11 Mn |
| Dec 31, 2024 | -74.36 Mn |
| Dec 31, 2024 | -74.36 Mn |
| Sep 30, 2024 | 67.84 Mn |
| Sep 30, 2024 | 67.84 Mn |
| Jun 30, 2024 | 70.11 Mn |
| Jun 30, 2024 | 70.11 Mn |
| Mar 31, 2024 | 61.90 Mn |
| Mar 31, 2024 | 61.90 Mn |
| Dec 31, 2023 | -43.21 Mn |
| Dec 31, 2023 | -43.21 Mn |
| Sep 30, 2023 | 50.46 Mn |
| Sep 30, 2023 | 50.46 Mn |
| Jun 30, 2023 | 65.19 Mn |
| Jun 30, 2023 | 65.19 Mn |