Vivid Seats (SEAT) Operating Expenses (2020 - 2026)

Vivid Seats' Operating Expenses history runs 7 years deep, the most recent figure standing at $134.6 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 20.06% year-over-year to $134.6 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 79.97% YoY), while the FY2025 annual figure was $1.4 billion, up 84.12% from the prior year.
• Operating Expenses for Q1 2026 stood at $134.6 million, down from $547.4 million in the prior quarter.
• The five-year high for Operating Expenses was $547.4 million in Q4 2025, with the low at -$145.8 million in Q4 2023.
• The 5-year median for Operating Expenses is $134.6 million (2026), against an average of $152.8 million.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 1539.77% in 2022, then slumped 289.84% in 2023.
• Vivid Seats' Operating Expenses stood at $76.8 million in 2022, then plunged by 289.84% to -$145.8 million in 2023, then jumped by 235.05% to $196.9 million in 2024, then surged by 178.02% to $547.4 million in 2025, then plunged by 75.42% to $134.6 million in 2026.
• Business Quant data shows SEAT's Operating Expenses at $134.6 million in Q1 2026, $547.4 million in Q4 2025, and $159.2 million in Q3 2025.