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Vivid Seats (SEAT) Operating Expenses (2020 - 2025)

Vivid Seats has reported Operating Expenses over the past 6 years, most recently at $547.4 million for Q4 2025.

  • Quarterly results put Operating Expenses at $547.4 million for Q4 2025, up 178.02% from a year ago — trailing twelve months through Dec 2025 was $1.4 billion (up 84.12% YoY), and the annual figure for FY2025 was $1.4 billion, up 84.12%.
  • Operating Expenses for Q4 2025 was $547.4 million at Vivid Seats, up from $159.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for SEAT hit a ceiling of $547.4 million in Q4 2025 and a floor of $4.7 million in Q4 2021.
  • Median Operating Expenses over the past 5 years was $40.4 million (2021), compared with a mean of $123.1 million.
  • Biggest five-year swings in Operating Expenses: crashed 63.25% in 2021 and later surged 581.0% in 2022.
  • Vivid Seats' Operating Expenses stood at $4.7 million in 2021, then surged by 581.0% to $31.9 million in 2022, then soared by 60.39% to $51.2 million in 2023, then skyrocketed by 284.89% to $196.9 million in 2024, then skyrocketed by 178.02% to $547.4 million in 2025.
  • The last three reported values for Operating Expenses were $547.4 million (Q4 2025), $159.2 million (Q3 2025), and $475.3 million (Q2 2025) per Business Quant data.