Filing Flows › Live Nation Entertainment (LYV) › Q1 2025
Live Nation Entertainment (LYV) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Live Nation Entertainment (LYV) reported revenue of $3.4B for the first quarter 2025 (Q1 2025), -11% from a year earlier and -40% from the quarter before. Operating margin was 3.4%, net earnings $23.2M (0.7% of revenue).
Live Nation Entertainment, Q1 2025: revenue $3.4B (-11% year over year), operating margin 3.4%, net earnings $23.2M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4B | -40% | -11% |
| Operating profit | $115M | — | — |
| Net earnings | $23.2M | -88% | — |
| Operating cash flow | $1.3B | +26% | +34% |
| Free cash flow | $1.2B | +29% | +35% |
What changed
Revenue was $3.4B in Q1 2025, down 11% year over year and down 40% from the previous quarter.
Operating profit was $0.11B, a 3.4% margin (up 4.5 points year over year). Total costs fell 15% while revenue fell 11%. Net earnings were $0.02B. The effective tax rate was 29.9%.
Operating cash flow was $1.3B (up 34% year over year), 2854% of net income including minority interests. Non-cash charges added back $0.15B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $1.1B. Capital expenditures of $0.17B left free cash flow of $1.2B.
Questions
What was Live Nation Entertainment's revenue in the first quarter 2025?
Live Nation Entertainment (LYV) reported revenue of $3.4B for the first quarter 2025 (Q1 2025), -11% from a year earlier and -40% from the quarter before.
Was Live Nation Entertainment profitable in the first quarter 2025?
Operating profit was $115M (3.4% of revenue) and net earnings $23.2M.