Vivid Seats (SEAT) Gross Margin (2020 - 2026)
Vivid Seats (SEAT) posted quarterly Gross Margin of 59.81% for Q1 2026, down 2260.0% year-over-year from 2.77% in Q1 2025, and down 94.05% quarter-over-quarter from 1004.38% in Q4 2025.
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Analysis
Vivid Seats (SEAT) Gross Margin (2020 - 2026) Analysis & Trends
Vivid Seats' Gross Margin history runs 7 years deep, the most recent figure standing at 59.81% for Q1 2026.
- In Q1 2026, Gross Margin fell 2260.0% year-over-year to 59.81%; the TTM figure through Mar 2026 stood at 88.94% (up 841.0% YoY), while the FY2025 annual figure was 84.0%, down 318.0% from the prior year.
- Gross Margin for Q1 2026 stood at 59.81%, down from 1004.38% in the prior quarter.
- The five-year high for Gross Margin was 1004.38% in Q4 2025, with the low at 16.51% in Q2 2024.
- The 5-year median for Gross Margin is 82.41% (2025), against an average of 130.72%.
- The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 6829 bps in 2024, then jumped 91695 bps in 2025.
- Vivid Seats' Gross Margin stood at 115.19% in 2022, then sank by 49 bps to 58.32% in 2023, then soared by 50 bps to 87.44% in 2024, then jumped by 1049 bps to 1004.38% in 2025, then sank by 94 bps to 59.81% in 2026.
- Business Quant data shows SEAT's Gross Margin at 59.81% in Q1 2026, 1004.38% in Q4 2025, and 67.49% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 81.37% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 33.41% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 77.06% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 91.27% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 37.22% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 78.18% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 76.06% |
| 10 | Vivid Seats | 65.08 Mn | -72.50 Mn | 91.22 Mn | 70.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.24% |
| Mar 31, 2026 | 68.84% |
| Dec 31, 2025 | 66.77% |
| Sep 30, 2025 | 67.49% |
| Jun 30, 2025 | 70.45% |
| Mar 31, 2025 | 72.85% |
| Dec 31, 2024 | 73.74% |
| Sep 30, 2024 | 72.65% |
| Jun 30, 2024 | 75.41% |
| Mar 31, 2024 | 74.02% |
| Dec 31, 2023 | 81.88% |
| Sep 30, 2023 | 73.18% |
| Jun 30, 2023 | 74.23% |
| Mar 31, 2023 | 76.56% |
| Dec 31, 2022 | 84.88% |
| Sep 30, 2022 | 76.01% |
| Jun 30, 2022 | 78.05% |
| Mar 31, 2022 | 75.40% |
| Dec 31, 2021 | 77.89% |
| Sep 30, 2021 | 78.16% |