earnings
confidence high
sentiment negative
materiality 0.85
Vivid Seats Q1 revenue down 14% to $164M; net loss; suspends FY2025 guidance
Vivid Seats Inc.
2026-Q1 EPS
reported -$0.94
vs consensus -$1.11
▲ beat
(+15.1%)
- Marketplace GOV $820.4M (-20% YoY); revenue $164.0M (-14% YoY).
- Net loss of $9.8M vs net income of $10.7M in Q1 2024; Adjusted EBITDA $21.7M (-44%).
- CEO cites robust competitive intensity and softening industry trends.
- CFO suspends FY2025 guidance due to elevated uncertainty; industry volumes now expected flat-to-down.
- Resale segment orders stable at 105k vs 99k; Marketplace orders down 20% to 2.3M.