Vivid Seats (SEAT) EBITDA Margin (2020 - 2026)
Vivid Seats (SEAT) reported EBITDA Margin of 4.53% for Q2 2026, up 226.99 percentage points from -222.46% a year earlier and up 1.73 percentage points from the prior quarter.
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Analysis
Vivid Seats (SEAT) EBITDA Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vivid Seats' EBITDA Margin came in at -78.76%, down 39.12 percentage points year-over-year; for FY2025, it was -127.92%, down 139.07 percentage points from FY2024.
- EBITDA Margin has declined for four consecutive years, though with a five-year change of +1775.81 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 11.15% in FY2024 (-1.20 pp), 12.35% in FY2023 (-0.12 pp), 12.46% in FY2022 (-5.34 pp) and 17.81% in FY2021 (+1921.54 pp).
- The Q2 2026 figure ranks as the highest quarterly EBITDA Margin since Q4 2024.
- Year over year, EBITDA Margin gained in two of the last eight quarters, with an average year-over-year change of -45.81 percentage points.
- The high point for year-over-year EBITDA Margin in five years was Q4 2021 (a gain of 1229.79 percentage points); the low point was Q4 2025 (a drop of 330.21 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.80% (Q1 2026), -322.46% (Q4 2025) and -6.69% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn | 39.96% |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn | 41.33% |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 34.18% |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn | - |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn | 13.82% |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn | 14.69% |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - | 35.76% |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn | - |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn | 79.37% |
| 10 | Vivid Seats | 61.61 Mn | -469.15 Mn | 91.22 Mn | 4.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.53% |
| Mar 31, 2026 | 2.80% |
| Dec 31, 2025 | -322.46% |
| Sep 30, 2025 | -6.69% |
| Jun 30, 2025 | -222.46% |
| Mar 31, 2025 | 4.45% |
| Dec 31, 2024 | 7.75% |
| Sep 30, 2024 | 11.49% |
| Jun 30, 2024 | 9.27% |
| Mar 31, 2024 | 16.33% |
| Dec 31, 2023 | 6.59% |
| Sep 30, 2023 | 12.45% |
| Jun 30, 2023 | 12.29% |
| Mar 31, 2023 | 22.42% |
| Dec 31, 2022 | 10.74% |
| Sep 30, 2022 | 15.21% |
| Jun 30, 2022 | 13.31% |
| Mar 31, 2022 | 11.55% |
| Dec 31, 2021 | 28.29% |
| Sep 30, 2021 | 11.60% |
API Access
Vivid Seats EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SEAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "SEAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SEAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();