Vivid Seats (SEAT) EBT Margin (2020 - 2026)
Vivid Seats' EBT Margin was -10.35% in Q2 2026, up 120.02 percentage points from -130.37% a year earlier and up 2.20 percentage points from the prior quarter.
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Analysis
Vivid Seats (SEAT) EBT Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Vivid Seats' EBT Margin was -93.97% through Jun 30, 2026, down 67.54 percentage points year-over-year; for FY2025, it came in at -114.25%, down 117.18 percentage points from FY2024.
- EBT Margin has now declined for three consecutive years, though with a five-year change of +2092.85 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 2.93% in FY2024 (-5.96 pp), 8.89% in FY2023 (-1.16 pp), 10.05% in FY2022 (+14.30 pp) and -4.25% in FY2021 (+2202.85 pp).
- The Q2 2026 figure marks the highest quarterly EBT Margin since Q1 2025.
- Compared with a year earlier, EBT Margin was higher in 1 of the last eight quarters, with an average year-over-year change of -50.24 percentage points.
- The best year-over-year quarter for EBT Margin over five years was Q4 2021 (a gain of 2391.57 percentage points); the worst was Q4 2025 (a drop of 337.01 percentage points).
- Per Business Quant data, SEAT's EBT Margin in the three quarters before Q2 2026 was -12.55% (Q1 2026), -338.58% (Q4 2025) and -21.22% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 115.82% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 30.85% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 32.39% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 14.55% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 49.54% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 23.09% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 34.82% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 36.60% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 78.26% |
| 10 | Vivid Seats | 60.49 Mn | -470.27 Mn | 91.22 Mn | -10.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.35% |
| Mar 31, 2026 | -12.55% |
| Dec 31, 2025 | -338.58% |
| Sep 30, 2025 | -21.22% |
| Jun 30, 2025 | -130.37% |
| Mar 31, 2025 | -4.04% |
| Dec 31, 2024 | -1.57% |
| Sep 30, 2024 | 7.23% |
| Jun 30, 2024 | -0.32% |
| Mar 31, 2024 | 6.82% |
| Dec 31, 2023 | 2.80% |
| Sep 30, 2023 | 9.89% |
| Jun 30, 2023 | 8.37% |
| Mar 31, 2023 | 18.97% |
| Dec 31, 2022 | 9.10% |
| Sep 30, 2022 | 12.03% |
| Jun 30, 2022 | 16.29% |
| Mar 31, 2022 | 2.46% |
| Dec 31, 2021 | 0.38% |
| Sep 30, 2021 | -1.32% |
API Access
Vivid Seats EBT 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=ebt-margin&ticker=SEAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=SEAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();