Vivid Seats (SEAT) Operating Income (2020 - 2026)
Vivid Seats (SEAT) posted quarterly Operating Income of -$8.8 million for Q1 2026, down 103.38% year-over-year from $260.1 million in Q1 2025, and up 97.91% quarter-over-quarter from -$420.6 million in Q4 2025.
Analysis
Vivid Seats (SEAT) Operating Income (2020 - 2026) Analysis & Trends
Vivid Seats' Operating Income history runs 7 years deep, the most recent figure standing at -$8.8 million for Q1 2026.
- In Q1 2026, Operating Income fell 103.38% year-over-year to -$8.8 million; the TTM figure through Mar 2026 stood at -$784.0 million (down 4650.12% YoY), while the FY2025 annual figure was -$779.5 million, down 1946.11% from the prior year.
- Operating Income for Q1 2026 stood at -$8.8 million, up from -$420.6 million in the prior quarter.
- The five-year high for Operating Income was $33.5 million in Q1 2023, with the low at -$420.6 million in Q4 2025.
- The 5-year median for Operating Income is $10.8 million (2024), against an average of -$34.5 million.
- The sharpest annual moves came in 2022 and 2025: Operating Income soared 448.93% in 2022, then slumped 14589.39% in 2025.
- Vivid Seats' Operating Income stood at $24.8 million in 2022, then slumped by 59.22% to $10.1 million in 2023, then sank by 71.25% to $2.9 million in 2024, then plunged by 14589.39% to -$420.6 million in 2025, then surged by 97.91% to -$8.8 million in 2026.
- Business Quant data shows SEAT's Operating Income at -$8.8 million in Q1 2026, -$420.6 million in Q4 2025, and -$22.8 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 1.21 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -175.90 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 231.72 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 54.76 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 447.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -55.20 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 245.45 Mn |
| 10 | Vivid Seats | 65.08 Mn | -72.50 Mn | 91.22 Mn | -6.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.44 Mn |
| Mar 31, 2026 | -8.79 Mn |
| Dec 31, 2025 | -420.63 Mn |
| Sep 30, 2025 | -22.85 Mn |
| Jun 30, 2025 | -331.73 Mn |
| Mar 31, 2025 | -4.32 Mn |
| Dec 31, 2024 | 2.90 Mn |
| Sep 30, 2024 | 10.77 Mn |
| Jun 30, 2024 | 7.88 Mn |
| Mar 31, 2024 | 20.68 Mn |
| Dec 31, 2023 | 10.10 Mn |
| Sep 30, 2023 | 20.12 Mn |
| Jun 30, 2023 | 17.61 Mn |
| Mar 31, 2023 | 33.51 Mn |
| Dec 31, 2022 | 24.76 Mn |
| Sep 30, 2022 | 21.70 Mn |
| Jun 30, 2022 | 17.93 Mn |
| Mar 31, 2022 | 13.72 Mn |
| Dec 31, 2021 | 45.55 Mn |
| Sep 30, 2021 | 15.47 Mn |