Live Nation Entertainment revenue and financials
$171.80Change from previous close: +0.66%Absolute change: +$1.13
In the fiscal year ended December 2025, Live Nation Entertainment reported revenue of $25.2B (+8.83% year over year). Net income was $495.97M, a net margin of 2.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +8.83%
- 2025 vs 2024
- Net income growth
- −44.66%
- 2025 vs 2024
- Net margin
- 2.0%
- 2024: 3.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 25,201 | 23,156 | 22,726 | 16,681 | 6,268 | 1,861 | 11,548 | 10,788 | 9,687 | 7,826 |
| Cost of revenue | 18,763 | 17,381 | 17,291 | 12,348 | 4,356 | — | — | — | — | — |
| Gross profit | 6,438 | 5,775 | 5,436 | 4,334 | 1,912 | — | — | — | — | — |
| Selling, general and administrative | 4,475 | 4,433 | 3,808 | 3,137 | 1,913 | — | — | — | — | — |
| Operating income | 1,251 | 825 | 1,085 | 722 | -418 | -1,653 | 325 | 273 | 91.4 | 195 |
| EBIT | 1,324 | 792 | 1,111 | 747 | -417 | — | — | — | — | — |
| EBITDA | 1,963 | 1,342 | 1,628 | 1,197 | -0.5 | — | — | — | — | — |
| Interest expense | 316 | 326 | 350 | 278 | 282 | 227 | 158 | 141 | 108 | 107 |
| Pre-tax income | 1,031 | 739 | 913 | 491 | -611 | — | — | — | — | — |
| Income tax | 340 | -392 | 209 | 116 | -2.5 | -28.9 | 66.9 | 40.8 | -17.2 | 28.0 |
| Net income | 496 | 896 | 557 | 266 | -651 | -1,725 | 69.9 | 60.2 | -6.0 | 2.9 |
| Net income to common shareholders | -54.8 | 638 | 309 | 120 | -671 | — | — | — | — | — |
| Basic EPS | -0.24 | 2.77 | 1.35 | 0.53 | -3.09 | -8.12 | — | — | — | — |
| Diluted EPS | -0.24 | 2.74 | 1.34 | 0.52 | -3.09 | -8.12 | — | — | — | — |
| Average shares (basic) | 232 | 230 | 229 | 225 | 217 | — | — | — | — | — |
| Average shares (diluted) | 232 | 236 | 231 | 232 | 217 | 212 | — | — | — | — |