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

Vivid Seats (SEAT) posted quarterly Operating Expenses of $134.6 million for Q1 2026, down 20.06% year-over-year from $168.3 million in Q1 2025, and down 75.42% on a QoQ basis from $547.4 million in Q4 2025.

Vivid Seats Inc. (SEAT) Operating Expenses (2020 - 2026) Analysis & Trends

Vivid Seats (SEAT) has reported Operating Expenses for 7 consecutive years, with $134.6 million the latest figure, recorded in 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 came in at $134.6 million for Q1 2026 at Vivid Seats, 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 $29.3 million in Q1 2022.
  • Average Operating Expenses over 5 years is $147.3 million, with a median of $134.6 million recorded in 2026.
  • The largest YoY upside for Operating Expenses was 581.0% in 2022 against a maximum downside of 28.86% in 2022.
  • Year by year, Operating Expenses stood at $31.9 million in 2022, then surged by 60.39% to $51.2 million in 2023, then soared by 284.89% to $196.9 million in 2024, then soared by 178.02% to $547.4 million in 2025, then slumped by 75.42% to $134.6 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $134.6 million, $547.4 million, and $159.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
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
Mar 31, 2021 15.87 Mn