Vivid Seats Inc. (SEAT) Operating Expenses (2020 - 2026)
Vivid Seats (SEAT) reported Operating Expenses of $136.3 million for Q2 2026, down 71.3% from $475.29 million a year earlier but up 1.3% from the prior quarter.
Vivid Seats Inc. (SEAT) Operating Expenses (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vivid Seats' Operating Expenses came in at $977.53 million, down 3.8% year-over-year; for FY2025, it came in at $1.35 billion, up 84.1% from FY2024.
- Operating Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 82.4% (FY2020 to FY2025).
- By year, Operating Expenses came in at $733.36 million in FY2024 (+16.1%), $631.54 million in FY2023 (+20.9%), $522.17 million in FY2022 (+465.9%) and $92.27 million in FY2021 (+38.1%).
- Five-year quarterly Operating Expenses spans a low of $4.68 million in Q4 2021 and a high of $547.44 million in Q4 2025.
- Year over year, Operating Expenses gained in four of the last eight quarters, with growth averaging 110.4%.
- The high point for year-over-year Operating Expenses in five years was Q4 2022 (growth of 581.0%); the low point was Q2 2026 (a decline of 71.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $134.57 million (Q1 2026), $547.44 million (Q4 2025) and $159.22 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 136.30 Mn |
| Mar 31, 2026 | 134.57 Mn |
| Dec 31, 2025 | 547.44 Mn |
| Sep 30, 2025 | 159.22 Mn |
| Jun 30, 2025 | 475.29 Mn |
| Mar 31, 2025 | 168.34 Mn |
| Dec 31, 2024 | 196.91 Mn |
| Sep 30, 2024 | 175.84 Mn |
| Jun 30, 2024 | 190.43 Mn |
| Mar 31, 2024 | 170.18 Mn |
| Dec 31, 2023 | 51.16 Mn |
| Sep 30, 2023 | 37.23 Mn |
| Jun 30, 2023 | 38.31 Mn |
| Mar 31, 2023 | 32.39 Mn |
| Dec 31, 2022 | 31.90 Mn |
| Sep 30, 2022 | 30.24 Mn |
| Jun 30, 2022 | 36.21 Mn |
| Mar 31, 2022 | 29.28 Mn |
| Dec 31, 2021 | 4.68 Mn |
| Sep 30, 2021 | 42.51 Mn |
Vivid Seats Inc. Operating Expenses 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=operating-expenses&ticker=SEAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=SEAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();