Vivid Seats (SEATW) Gross Margin (2020 - 2026)
Vivid Seats' quarterly Gross Margin came in at 100.0% in Q1 2026, up 3909.0% year-on-year from 2.49% in Q1 2025, and down 29.14% quarter-over-quarter from 141.13% in Q4 2025.
Vivid Seats has reported Gross Margin for 7 years, with the latest figure at 100.0% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 3909.0% year-over-year to 100.0%; the trailing twelve-month figure through Mar 2026 stood at 364.73% (up 27510.0% YoY), and the FY2025 full-year result was 73.37%, down 17337.0% from the prior year.
- Gross Margin for Q1 2026 stood at 100.0%, down from 141.13% in the prior quarter.
- The five-year high for Gross Margin was 141.13% in Q4 2025, with the low at 148.54% in Q2 2023.
- Average Gross Margin over 5 years is 69.39%, with a median of 79.78% recorded in 2025.
- Year-over-year, Gross Margin tumbled 23598 bps in 2023 and surged 21319 bps in 2024.
- Tracing SEATW's Gross Margin over 5 years: stood at 122.7% in 2022, then decreased by 27 bps to 89.17% in 2023, then rose by 24 bps to 110.89% in 2024, then grew by 27 bps to 141.13% in 2025, then retreated by 29 bps to 100.0% in 2026.
- The last three Gross Margin figures came in at 100.0% (Q1 2026), 141.13% (Q4 2025), and 79.78% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 93.08% |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 81.85% |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 32.98% |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 77.17% | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 73.98% |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 76.32% | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 85.23% |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 84.37% |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 75.62% |
| 10 | Vivid Seats | - | - | 97.53 Mn | 100.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 100.00% |
| Dec 31, 2025 | 141.13% |
| Sep 30, 2025 | 79.78% |
| Jun 30, 2025 | 100.00% |
| Mar 31, 2025 | 60.91% |
| Dec 31, 2024 | 110.89% |
| Sep 30, 2024 | 63.65% |
| Jun 30, 2024 | 64.65% |
| Mar 31, 2024 | 67.56% |
| Dec 31, 2023 | 89.17% |
| Sep 30, 2023 | 67.31% |
| Jun 30, 2023 | -148.54% |
| Mar 31, 2023 | 59.90% |
| Dec 31, 2022 | 122.70% |
| Sep 30, 2022 | 25.15% |
| Jun 30, 2022 | 87.44% |
| Mar 31, 2022 | 87.95% |
| Dec 31, 2021 | 102.43% |
| Sep 30, 2021 | 78.16% |
| Jun 30, 2021 | 82.70% |
| Mar 31, 2021 | 83.72% |
| Dec 31, 2020 | -1.90% |
| Sep 30, 2020 | 93.50% |