---
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"
generated_at: "2026-06-15T10:12:01.354611+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Vivid Seats Q1 revenue $161M (+23% YoY), Adj EBITDA $42.4M (+102%); raises 2023 guidance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-019108
- JSON: https://secwatch.observer/filing/0000950170-23-019108.json
- Plain text: https://secwatch.observer/filing/0000950170-23-019108.txt

## Key facts
- Earnings Releases
  Vivid Seats Inc. reported first quarter ended March 31, 2023 results: revenue $161.1 million, net income $30.3 million.
  - Period: first quarter ended March 31, 2023
  - Revenue: $161.1 million
  - Net income: $30.3 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1856031/000095017023019108/0000950170-23-019108-index.htm
- Earnings Releases
  Vivid Seats Inc. reported year ending December 31, 2023 results: revenue $605.0 million to $630.0 million. Guidance raised.
  - Period: year ending December 31, 2023
  - Revenue: $605.0 million to $630.0 million
  - Guidance: raised
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1856031/000095017023019108/0000950170-23-019108-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.