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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 67.16 Mn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 635.00 Mn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 387.52 Mn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | -61.54 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | 67.40 Mn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 231.28 Mn | |
| 10 | Vivid Seats | 82.65 Mn | -54.93 Mn | 91.22 Mn | 52.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 52.75 Mn |
| Mar 31, 2026 | 46.98 Mn |
| Dec 31, 2025 | 70.72 Mn |
| Sep 30, 2025 | 3.96 Mn |
| Mar 31, 2025 | 59.20 Mn |
| Dec 31, 2024 | -16.38 Mn |
| Dec 31, 2023 | -196.97 Mn |
| Jun 30, 2023 | 65.19 Mn |
| Dec 31, 2022 | 44.91 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 |
| Mar 31, 2021 | 7.96 Mn |
| Sep 30, 2020 | 1.51 Mn |