{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-019108","form_type":"8-K","ticker":"SEAT","cik":"0001856031","company_name":"Vivid Seats Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.289454+00:00","generated_at":"2026-06-15T10:12:01.354611+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Vivid Seats Q1 revenue $161M (+23% YoY), Adj EBITDA $42.4M (+102%); raises 2023 guidance","bullets":["Net income of $30.3M, up 865% from $3.1M in Q1 2022.","Marketplace GOV $855.5M, up 15% YoY; total orders 2.275M, up 13%.","Raises 2023 guidance: revenue $605-630M (from $580-610M), Adj EBITDA $115-130M (from $110-115M).","Q1 cash balance grew $52M from year-end despite $8M share repurchase.","Filed technical 10-K amendment correcting internal controls report omission; no substantive change."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-019108","json":"https://secwatch.observer/filing/0000950170-23-019108.json","markdown":"https://secwatch.observer/filing/0000950170-23-019108.md","text":"https://secwatch.observer/filing/0000950170-23-019108.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856031/000095017023019108/0000950170-23-019108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856031/000095017023019108/seat-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T10:12:01.354611+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"581c796f6f39bdb73bde504d5aea426aeed64b09","claim":"Vivid Seats Inc. reported first quarter ended March 31, 2023 results: revenue $161.1 million, net income $30.3 million.","evidence_excerpt":"First Quarter 2023 Key Operational and Financial Metrics • Marketplace GOV of $855.5 million – up 15% from $742.1 million in Q1 2022 • Revenues of $161.1 million – up 23% from $130.8 million in Q1 2022 • Net income of $30.3 million – up 865% from $3.1 million in Q1 2022 • Adjusted EBITDA of $42.4 million – up 102% from $21.0 million in Q1 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1856031/000095017023019108/0000950170-23-019108-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$161.1 million"},{"label":"Net income","value":"$30.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"8560052018898fc8b8d120a57b89f1d7ec4098eb","claim":"Vivid Seats Inc. reported year ending December 31, 2023 results: revenue $605.0 million to $630.0 million. Guidance raised.","evidence_excerpt":"Vivid Seats now anticipates Marketplace GOV, Revenues and Adjusted EBITDA for the year ending December 31, 2023 to be: • Marketplace GOV in the range of $3.15 billion to $3.40 billion (increased from $3.0 billion to $3.3 billion) • Revenues in the range of $605.0 million to $630.0 million (increased from $580.0 million to $610.0 million) • Adjusted EBITDA in the range of $115.0 million to $130.0 million (5) (increased from $110.0 million to $115.0 million)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1856031/000095017023019108/0000950170-23-019108-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ending December 31, 2023"},{"label":"Revenue","value":"$605.0 million to $630.0 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}