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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 7,667 | 3,793 | 6,314 | 8,499 | 7,007 | 3,382 | 5,682 | 7,651 | 6,023 | 3,800 | 5,819 | 8,155 |
| Cost of revenue | 5,724 | 2,478 | 4,860 | 6,438 | 5,211 | 2,255 | 4,541 | 5,780 | 4,408 | 2,651 | 4,661 | 6,298 |
| Gross profit | 1,943 | 1,315 | 1,454 | 2,061 | 1,796 | 1,127 | 1,140 | 1,871 | 1,615 | 1,148 | 1,158 | 1,857 |
| Selling, general and administrative | 1,241 | 1,522 | 1,341 | 1,118 | 1,151 | 865 | 1,265 | 1,098 | 1,012 | 1,058 | 1,070 | 1,074 |
| Operating income | 513 | -377 | -51.8 | 778 | 486 | 113 | -267 | 636 | 465 | -42.0 | -47.2 | 652 |
| EBIT | 513 | -377 | -51.8 | 778 | 486 | 113 | -267 | 636 | 465 | -42.0 | -47.2 | 652 |
| EBITDA | 702 | -207 | 113 | 943 | 645 | 262 | -124 | 773 | 603 | 90.6 | 99.9 | 770 |
| Interest expense | 97.2 | 90.5 | 83.4 | 80.3 | 72.0 | 80.3 | 77.4 | 88.0 | 80.0 | 80.7 | 92.8 | 86.2 |
| Pre-tax income | 519 | -412 | -186 | 730 | 420 | 66.0 | -301 | 586 | 456 | -1.7 | -143 | 632 |
| Income tax | 116 | -32.1 | -49.4 | 252 | 118 | 19.7 | -583 | 70.2 | 80.2 | 41.0 | 82.4 | 50.3 |
| Net income | 294 | -389 | -202 | 431 | 243 | 23.2 | 201 | 452 | 298 | -54.5 | -233 | 521 |
| Net income to common shareholders | 248 | -430 | -247 | 172 | 95.6 | -74.9 | 130 | 397 | 241 | -130 | -308 | 461 |
| Basic EPS | 1.06 | -1.85 | -1.06 | 0.74 | 0.41 | -0.32 | 0.56 | 1.72 | 1.05 | -0.56 | -1.34 | 2.01 |
| Diluted EPS | 1.05 | -1.85 | -1.07 | 0.73 | 0.41 | -0.32 | 0.56 | 1.66 | 1.03 | -0.56 | -1.38 | 1.93 |
| Average shares (basic) | 233 | 232 | 232 | 232 | 232 | 231 | 231 | 230 | 230 | 229 | 229 | 229 |
| Average shares (diluted) | 244 | 232 | 232 | 235 | 234 | 231 | 238 | 245 | 245 | 229 | 229 | 244 |
