Vivid Seats (SEAT) Research & Development (2020 - 2026)
Vivid Seats (SEAT) posted quarterly Research & Development of $47.0 million for Q1 2026, down 20.65% year-over-year from $59.2 million in Q1 2025, and down 33.57% quarter-over-quarter from $70.7 million in Q4 2025.
Analysis
Vivid Seats (SEAT) Research & Development (2020 - 2026) Analysis & Trends
Vivid Seats' Research & Development history runs 7 years deep, the most recent figure standing at $47.0 million for Q1 2026.
- In Q1 2026, Research & Development fell 20.65% year-over-year to $47.0 million; the TTM figure through Mar 2026 stood at $121.7 million (up 184.15% YoY), while the FY2025 annual figure was $230.6 million, changed N/A from the prior year.
- Research & Development for Q1 2026 stood at $47.0 million, down from $70.7 million in the prior quarter.
- The five-year high for Research & Development was $70.7 million in Q4 2025, with the low at -$197.0 million in Q4 2023.
- The 5-year median for Research & Development is $54.2 million (2022), against an average of $23.4 million.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 581.68% in 2022, then slumped 538.6% in 2023.
- Vivid Seats' Research & Development stood at $44.9 million in 2022, then plunged by 538.6% to -$197.0 million in 2023, then surged by 91.68% to -$16.4 million in 2024, then jumped by 531.64% to $70.7 million in 2025, then slumped by 33.57% to $47.0 million in 2026.
- Business Quant data shows SEAT's Research & Development at $47.0 million in Q1 2026, $70.7 million in Q4 2025, and $4.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 468.43 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 191.00 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 231.28 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -148.13 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -35.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 451.01 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 158.25 Mn |
| 10 | Vivid Seats | 65.08 Mn | -72.50 Mn | 91.22 Mn | 52.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.75 Mn |
| Mar 31, 2026 | 49.95 Mn |
| Dec 31, 2025 | 56.68 Mn |
| Sep 30, 2025 | 55.97 Mn |
| Jun 30, 2025 | 53.80 Mn |
| Mar 31, 2025 | 64.11 Mn |
| Dec 31, 2024 | 79.45 Mn |
| Sep 30, 2024 | 67.84 Mn |
| Jun 30, 2024 | 70.11 Mn |
| Mar 31, 2024 | 67.75 Mn |
| Dec 31, 2023 | 77.13 Mn |
| Sep 30, 2023 | 77.01 Mn |
| Jun 30, 2023 | 65.19 Mn |
| Mar 31, 2023 | 54.77 Mn |
| Dec 31, 2022 | 68.41 Mn |
| Sep 30, 2022 | 66.32 Mn |
| Jun 30, 2022 | 59.41 Mn |
| Mar 31, 2022 | 54.23 Mn |
| Sep 30, 2021 | 50.37 Mn |
| Jun 30, 2021 | 46.42 Mn |