earnings
confidence high
sentiment neutral
materiality 0.85
Live Nation Q1 revenue $3.8B (+12%); $450M legal accrual drives operating loss
Live Nation Entertainment, Inc.
2026-Q1 EPS reported
-$1.85
revenue$3,793,029,000
- Revenue $3.8B (+12% YoY); operating loss of $371M due to $450M legal accrual.
- Adjusted operating income $371M (+9%); on track for double-digit AOI growth in 2026.
- Concerts AOI $3M with fan attendance 24M (+7%); Ticketing AOI $256M on 81M fee-bearing tickets (+4%).
- Event-related deferred revenue record $6.6B (+22%); Ticketing deferred revenue $368M (+29%).
- Q1 capex $249M; full year capex expected $1.1-1.2B, with leverage at 3.6x.
item 2.02item 9.01