earnings
confidence high
sentiment negative
materiality 0.75
Vivid Seats Q1 GOV $612M, net loss $14.6M; discloses refinancing proposals, cost savings
Vivid Seats Inc.
2026-Q1 EPS reported
-$1.35
revenue$97,526,000
- Revenue $125.8M, net loss $14.6M, Adjusted EBITDA $9.5M.
- Marketplace GOV $612.4M (down from $820.4M YoY); Marketplace orders 1,716K (down from 2,296K).
- FY2026 outlook: GOV $2.2-2.6B, Adjusted EBITDA $30-40M.
- Disclosed 2027 guidance: ~$2.65B GOV, ~$45M EBITDA; cost savings $70M annualized ($45M cash).
- Refinancing proposals: ad hoc group proposes $50M ERO, $225M takeback term loan; company proposed 2L at 77.5¢, 12.5% equity.