{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-053927","form_type":"8-K","ticker":"SEAT","cik":"0001856031","company_name":"Vivid Seats Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.903601+00:00","generated_at":"2026-06-02T20:30:33.034642+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Vivid Seats Q1 revenue up 18% to $190.9M; net income down 65% to $10.7M","bullets":["Marketplace GOV of $1,028.5M (+20% YoY); revenue $190.9M (+18% YoY).","Net income fell to $10.7M from $30.3M; Adjusted EBITDA $38.9M (-8% YoY).","Total Marketplace orders 2.876M (+26%); Resale orders 99,000 (+14%).","Generated $39M cash from operations in Q1; initiated 2024 share repurchase program.","CEO cites international expansion progress and revenue synergies with Vegas.com."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-053927","json":"https://secwatch.observer/filing/0000950170-24-053927.json","markdown":"https://secwatch.observer/filing/0000950170-24-053927.md","text":"https://secwatch.observer/filing/0000950170-24-053927.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856031/000095017024053927/0000950170-24-053927-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856031/000095017024053927/seat-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T20:30:33.034642+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":"757d653175228a83183762b7ac54c06b4721e00f","claim":"Vivid Seats Inc. reported the first quarter ended March 31, 2024 results: revenue $190.9 million, net income $10.7 million. Guidance reaffirmed.","evidence_excerpt":"First Quarter 2024 Key Operational and Financial Metrics • Marketplace GOV of $1,028.5 million – up 20% from $855.5 million in Q1 2023 • Revenues of $190.9 million – up 18% from $161.1 million in Q1 2023 • Net income of $10.7 million – down 65% from $30.3 million in Q1 2023 • Adjusted EBITDA of $38.9 million – down 8% from $42.4 million in Q1 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1856031/000095017024053927/0000950170-24-053927-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$190.9 million"},{"label":"Net income","value":"$10.7 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}