---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-103009"
form_type: "8-K"
ticker: "SEAT"
cik: "0001856031"
company_name: "Vivid Seats Inc."
filed_at: "2026-03-12T23:59:59+00:00"
generated_at: "2026-05-15T13:51:23.402082+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vivid Seats Q4 net loss $428.7M; revenue down 37% YoY; weak 2026 outlook

## Summary
- Q4 Marketplace GOV $580.6M (-42% YoY), revenue $126.8M (-37% YoY), net loss $428.7M vs loss $4.4M.
- Full year 2025: GOV $2.7B (-31%), revenue $570.8M (-26%), net loss $721.5M vs income $14.3M.
- Q4 Adjusted EBITDA $0.8M (down from $34.2M); full year $41.8M (down from $151.4M).
- FY 2026 guidance: GOV $2.2-2.6B, Adj EBITDA $30-40M; Q1 GOV $570-620M, Adj EBITDA $8-10M.
- Regained Nasdaq compliance as of March 6, 2026 with majority independent directors.

## SEC filing metadata
- accession: 0001193125-26-103009
- form_type: 8-K
- ticker: SEAT
- cik: 0001856031
- company_name: Vivid Seats Inc.
- filed_at: 2026-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856031/000119312526103009/0001193125-26-103009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856031/000119312526103009/seat-20260312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-103009
- JSON: https://secwatch.observer/filing/0001193125-26-103009.json
- Plain text: https://secwatch.observer/filing/0001193125-26-103009.txt

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