Vivid Seats (SEAT) Minority Interest (2021 - 2025)
Vivid Seats' Minority Interest was $63.34 million in Q3 2025, down 77.5% from $282.03 million a year earlier and down 50.8% from the prior quarter.
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Analysis
Vivid Seats (SEAT) Minority Interest (2021 - 2025) Analysis & Trends
At the end of FY2024, Minority Interest at Vivid Seats came in at $352.92 million, down 26.7% from FY2023.
- Minority Interest has now declined for three consecutive years, with a three-year compound annual growth rate of -35.0% (FY2021 to FY2024).
- In earlier years, Minority Interest was $481.74 million in FY2023 (-44.2%), $862.86 million in FY2022 (-32.9%) and $1.29 billion in FY2021.
- The Q3 2025 figure marks the lowest quarterly Minority Interest in data going back to Q4 2021.
- Compared with a year earlier, Minority Interest has declined for 12 straight quarters, with an average decline of 52.4% over the last eight quarters.
- The year-over-year decline in Minority Interest has ranged between 10.5% (Q2 2023) and 77.5% (Q3 2025) over the last five years.
- Per Business Quant data, SEAT's Minority Interest in the three quarters before Q3 2025 was $128.82 million (Q2 2025), $225.63 million (Q1 2025) and $352.92 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn |
| 10 | Vivid Seats | 61.77 Mn | -468.99 Mn | 91.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 63.34 Mn |
| Jun 30, 2025 | 128.82 Mn |
| Mar 31, 2025 | 225.63 Mn |
| Dec 31, 2024 | 352.92 Mn |
| Sep 30, 2024 | 282.03 Mn |
| Jun 30, 2024 | 438.29 Mn |
| Mar 31, 2024 | 456.59 Mn |
| Dec 31, 2023 | 481.74 Mn |
| Sep 30, 2023 | 640.72 Mn |
| Jun 30, 2023 | 790.42 Mn |
| Mar 31, 2023 | 901.87 Mn |
| Dec 31, 2022 | 862.86 Mn |
| Sep 30, 2022 | 905.41 Mn |
| Jun 30, 2022 | 882.95 Mn |
| Mar 31, 2022 | 1.31 Bn |
| Dec 31, 2021 | 1.29 Bn |
API Access
Vivid Seats Minority Interest 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=minority-interest&ticker=SEAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=SEAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();