---
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"
generated_at: "2026-06-02T20:30:33.034642+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vivid Seats Q1 revenue up 18% to $190.9M; net income down 65% to $10.7M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-053927
- JSON: https://secwatch.observer/filing/0000950170-24-053927.json
- Plain text: https://secwatch.observer/filing/0000950170-24-053927.txt

## Key facts
- Earnings Releases
  Vivid Seats Inc. reported the first quarter ended March 31, 2024 results: revenue $190.9 million, net income $10.7 million. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $190.9 million
  - Net income: $10.7 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1856031/000095017024053927/0000950170-24-053927-index.htm

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