Vivid Seats (SEATW) Operating Expenses (2020 - 2026)

Vivid Seats' Operating Expenses history runs 7 years deep, the most recent figure standing at $134.6 million for 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 was $134.6 million for Q1 2026 at Vivid Seats, down from $547.4 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $547.4 million in Q4 2025 to a low of $29.3 million in Q1 2022.
• Historically, Operating Expenses has averaged $147.3 million across 5 years, with a median of $134.6 million in 2026.
• Biggest YoY gain for Operating Expenses was 581.0% in 2022; the steepest drop was 28.86% in 2022.
• A 5-year view of Operating Expenses shows it 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 sank by 75.42% to $134.6 million in 2026.
• The last three Operating Expenses figures came in at $134.6 million (Q1 2026), $547.4 million (Q4 2025), and $159.2 million (Q3 2025), per Business Quant data.