Adam Stewart
As previously disclosed, on August 1, 2024, the Board elected Adam Stewart as a director, contingent and effective immediately upon the resignation described above.
Highest-materiality recent filing
Vivid Seats Q1 GOV $612M, net loss $14.6M; discloses refinancing proposals, cost savings
Revenue $125.8M, net loss $14.6M, Adjusted EBITDA $9.5M.
Vivid Seats Q4 net loss $428.7M; revenue down 37% YoY; weak 2026 outlook
Q4 Marketplace GOV $580.6M (-42% YoY), revenue $126.8M (-37% YoY), net loss $428.7M vs loss $4.4M.
Vivid Seats appoints Joseph Thomas as CFO, effective Jan 19, 2026
Succeeds Edward Pickus, who served as interim CFO since Nov 2025 and will remain Chief Accounting Officer.
Vivid Seats board resignation triggers Nasdaq non-compliance; expects cure within grace period
Director Martin Taylor resigned from board effective Dec 19, 2025; no disagreement with company.
Vivid Seats Q3 2025: Net loss of $19.7M, revenue -27% YoY; CEO transition, 2026 outlook
Marketplace GOV $618.1M (-29% YoY); revenue $136.4M (-27% YoY); net loss $19.7M vs net income $9.2M in Q3 2024.
Vivid Seats simplifies structure, terminates TRA, to issue 403K Class A shares
Vivid Seats enters Corporate Simplification Agreement with GTCR affiliates to terminate Tax Receivable Agreement.
Vivid Seats terminates TRA, eliminates dual-class stock, expects up to $180M tax savings
Terminates Tax Receivable Agreement, eliminating $6M cash payments due Q1 2026 and up to $180M lifetime tax savings.
Vivid Seats Q2 revenue down 28%; net loss $263.3M; launches $25M cost cuts
Revenue $143.6M, down 28% YoY; Marketplace GOV $685.5M, down 31%.
Vivid Seats shareholders approve reverse stock split authorization (1-for-5 to 1-for-30)
Proposal 1 approved: 154,456,368 For, 6,537,360 Against, 24,290 Abstain.
Vivid Seats stockholders elect three Class I directors, ratify Deloitte as auditor
Stanley Chia re-elected with 105.6M votes for, 8.6M withhold; Jane DeFlorio with 88.1M for, 26.1M withhold.
Vivid Seats Q1 revenue down 14% to $164M; net loss; suspends FY2025 guidance
Marketplace GOV $820.4M (-20% YoY); revenue $164.0M (-14% YoY).
FY2024 revenue $775.6M (+9% YoY) but net income plunged 87% to $14.3M; Q4 net loss $4.4M vs $28.5M income a year ago.
Vivid Seats Q4 net loss $4.4M; FY net income down 87% as GOV slips 1%
Full year 2024 revenue $775.6M (+9% YoY); net income $14.3M (-87% from $113.1M); Adjusted EBITDA $151.4M (+7%).
Vivid Seats reprices $393M term loans, reducing interest margin by 75 bps
Amendment repriced all $393.0M of Term Loans; margin reduced from Adj Term SOFR + 3.00% to + 2.25%.
Vivid Seats Q3 revenue down 1% to $186.6M, net income falls 43%; lowers 2024 guidance
Marketplace GOV $871.7M (-13% YoY); revenue $186.6M (-1% YoY).
Board member Tom Ehrhart resigns effective Nov 1; Adam Stewart appointed
Tom Ehrhart resigns from Vivid Seats Board effective Nov 1, 2024, for Nasdaq compliance.
Vivid Seats Q2 revenue $198M (+20% YoY), net loss $1.2M vs income $38.3M; Adj. EBITDA $44.2M (+42%)
Revenue $198.3M (+20% YoY); net loss $1.2M vs net income $38.3M in Q2 2023.
Vivid Seats refinances term loans, adds $125.5M at lower interest rate
Refinanced all existing Term Loans and incurred $125.5M of new Term Loans; aggregate $395M.
Vivid Seats stockholders elect three Class III directors and ratify Deloitte as auditor
Mark Anderson elected with 146.6M votes for, 31.2M withheld; Todd Boehly: 157.1M for, 20.8M withheld; Julie Masino: 140.4M for, 37.5M withheld.
Vivid Seats Q1 revenue up 18% to $190.9M; net income down 65% to $10.7M
Marketplace GOV of $1,028.5M (+20% YoY); revenue $190.9M (+18% YoY).
Vivid Seats Q4 rev up 20% to $198.3M; net income down 10%; authorizes $100M buyback
Q4 revenue $198.3M (+20% YoY); net income $22.4M (-10%); Adjusted EBITDA $35.1M (+4%).
Vivid Seats stockholders approve incentive plan amendment raising share reserve to 47.7M
Overall Share Limit increased to 47,658,108 shares plus annual increase of 5% of outstanding shares through 2034.
As previously disclosed, on August 1, 2024, the Board elected Adam Stewart as a director, contingent and effective immediately upon the resignation described above.
On October 18, 2024, Tom Ehrhart notified Vivid Seats Inc. (the “ Company ”) of his resignation from the Company’s Board of Directors (the “ Board ”), effective November 1, 2024.
On August 1, 2024, the Company’s Board of Directors (the “Board”) elected Adam Stewart as a director
On February 29, 2024, Jonathan Wagner notified the Company that he will retire from his role as Chief Technology Officer, effective March 15, 2024.
On March 5, 2024, the Company announced that Stefano Langenbacher has been hired as the Company’s new Chief Technology Officer, effective March 18, 2024.
Max materiality 0.85 · Median 0.70 · Most common event earnings