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

Vivid Seats has reported Operating Expenses for 7 years, with the latest figure at $134.6 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 20.06% year-over-year to $134.6 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (up 79.97% YoY), and the FY2025 full-year result was $1.4 billion, up 84.12% from the prior year.
• Operating Expenses for Q1 2026 stood at $134.6 million, down from $547.4 million in the prior quarter.
• The five-year high for Operating Expenses was $547.4 million in Q4 2025, with the low at $29.3 million in Q1 2022.
• Average Operating Expenses over 5 years is $147.3 million, with a median of $134.6 million recorded in 2026.
• Peak annual rise in Operating Expenses reached 581.0% in 2022, while the deepest fall reached 28.86% in 2022.
• Tracing SEATW's Operating Expenses over 5 years: stood at $31.9 million in 2022, then soared by 60.39% to $51.2 million in 2023, then jumped by 284.89% to $196.9 million in 2024, then jumped by 178.02% to $547.4 million in 2025, then plunged 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.

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