---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-122751"
form_type: "8-K"
ticker: "SEAT"
cik: "0001856031"
company_name: "Vivid Seats Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:53:02.195712+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Vivid Seats Q3 revenue down 1% to $186.6M, net income falls 43%; lowers 2024 guidance

## Summary
- Marketplace GOV $871.7M (-13% YoY); revenue $186.6M (-1% YoY).
- GAAP net income $9.2M (-43%); adjusted EBITDA $34.1M (+2%).
- Cancellations jumped to $35.4M in Q3 vs $10.1M a year ago, pressuring GOV.
- CFO revises 2024 guidance citing concert supply headwinds and Q4 marketing intensity.
- Skybox Drive exits beta with 100+ users; CEO expects industry growth acceleration in 2025.

## SEC filing metadata
- accession: 0000950170-24-122751
- form_type: 8-K
- ticker: SEAT
- cik: 0001856031
- company_name: Vivid Seats Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856031/000095017024122751/0000950170-24-122751-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856031/000095017024122751/seat-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-122751
- JSON: https://secwatch.observer/filing/0000950170-24-122751.json
- Plain text: https://secwatch.observer/filing/0000950170-24-122751.txt

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