Vivid Seats (SEAT) Net Margin (2020 - 2026)
Vivid Seats (SEAT) reported Net Margin of -11.03% for Q2 2026, up 222.60 percentage points from -233.63% a year earlier and up 1.52 percentage points from the prior quarter.
Vivid Seats (SEAT) Net Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vivid Seats' Net Margin came in at 216.24%, up 265.94 percentage points year-over-year; for FY2025, it came in at -75.21%, down 76.43 percentage points from FY2024.
- Net Margin has a five-year change of +2131.89 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 1.22% in FY2024 (-8.13 pp), 9.34% in FY2023 (+5.18 pp), 4.16% in FY2022 (+5.58 pp) and -1.42% in FY2021 (+2205.68 pp).
- Five-year quarterly Net Margin spans a low of -233.63% in Q2 2025 and a high of 932.28% in Q4 2025.
- Year over year, Net Margin gained in three of the last eight quarters, with an average year-over-year change of +108.68 percentage points.
- The high point for year-over-year Net Margin in five years was Q3 2021 (a gain of 5984.81 percentage points); the low point was Q2 2025 (a drop of 233.41 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -12.55% (Q1 2026), 932.28% (Q4 2025) and -22.17% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 26.52% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 24.19% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 65.84% |
| 10 | Vivid Seats | 60.49 Mn | -470.27 Mn | 91.22 Mn | -11.03% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.03% |
| Mar 31, 2026 | -12.55% |
| Dec 31, 2025 | 932.28% |
| Sep 30, 2025 | -22.17% |
| Jun 30, 2025 | -233.63% |
| Mar 31, 2025 | -6.43% |
| Dec 31, 2024 | -4.82% |
| Sep 30, 2024 | 5.70% |
| Jun 30, 2024 | -0.22% |
| Mar 31, 2024 | 6.74% |
| Dec 31, 2023 | 7.01% |
| Sep 30, 2023 | 3.55% |
| Jun 30, 2023 | 18.57% |
| Mar 31, 2023 | 7.56% |
| Dec 31, 2022 | 20.61% |
| Sep 30, 2022 | 4.89% |
| Jun 30, 2022 | 6.54% |
| Mar 31, 2022 | 0.96% |
| Dec 31, 2021 | -3.84% |
| Sep 30, 2021 | -31.57% |
Vivid Seats Net 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=net-margin&ticker=SEAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=SEAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();