Filing Flows › Live Nation Entertainment (LYV) › Q1 2026
Live Nation Entertainment (LYV) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Live Nation Entertainment (LYV) reported revenue of $3.8B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -40% from the quarter before. Operating margin was -9.8%, net loss $380M (10.0% of revenue).
Live Nation Entertainment, Q1 2026: revenue $3.8B (+12% year over year), operating margin -9.8%, net loss $380M, operating cash flow $2.3B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.8B | -40% | +12% |
| Operating profit | −$371M | — | -423% |
| Net earnings | −$380M | — | -1738% |
| Operating cash flow | $2.3B | — | +77% |
| Free cash flow | $2.0B | — | +76% |
What changed
Revenue was $3.8B in Q1 2026, up 12% year over year and down 40% from the previous quarter.
Operating costs exceeded revenue by $0.37B, an operating margin of -9.8%. Total costs grew 27% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+29%). The quarter ended with a net loss of $0.38B, wider than the previous quarter's $0.14B loss.
Operating cash flow was $2.3B (up 77% year over year). Non-cash charges added back $0.17B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $2.5B. Capital expenditures of $0.31B left free cash flow of $2.0B.
Questions
What was Live Nation Entertainment's revenue in the first quarter 2026?
Live Nation Entertainment (LYV) reported revenue of $3.8B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -40% from the quarter before.
Was Live Nation Entertainment profitable in the first quarter 2026?
Operating loss was $371M (-9.8% of revenue) and net loss $380M.