earnings
confidence high
sentiment positive
materiality 0.80
Live Nation Q3 revenue $8.5B (+11%), AOI $1.03B (+14%); record stadium shows up 60%
Live Nation Entertainment, Inc.
2025-Q3 EPS reported
$0.82
revenue$18,887,901,000
- Revenue $8.5B (+11% YoY); operating income $793M (+24%); adjusted operating income $1.03B (+14%).
- Concerts segment revenue $7.3B (+11%), AOI $514M (+8%); ticketing AOI $286M (+21%) on 12% GTV growth.
- Sponsorship AOI $313M (+14%); event-related deferred revenue $3.5B (+37%) indicating strong future demand.
- Refinanced $1.9B debt; annual interest expense ~$350M at 4.2% weighted average; free cash ~$2.3B.
- 2026 large venue show pipeline up double-digits; ticket sales already 26M for 2026 shows.
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