Filing Flows › Live Nation Entertainment (LYV) › Q2 2026 › vs Q2 2025
Live Nation Entertainment (LYV) Q2 2026 vs Q2 2025 (year over year)
Live Nation Entertainment's revenue rose $660M (+9%) from $7.0B in Q2 2025 to $7.7B in Q2 2026. Operating margin 6.8% against 6.9% (-0.1 pts).
Live Nation Entertainment, Q2 2026: revenue $7.7B (+9% year over year), operating margin 6.8%, net earnings $294M, operating cash flow $419M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 6.8% | 6.9% | -0.1 pts |
| Net margin | 3.8% | 3.5% | +0.4 pts |
| Free cash flow margin | 1.7% | -0.6% | +2.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $7.7B | $7.0B | $660M | +9% |
| Operating profit | $522M | $487M | $35.3M | +7% |
| Costs & expenses | $7.1B | $6.5B | $625M | +10% |
| Pre-tax earnings | $519M | $420M | $98.2M | +23% |
| SG&A | $1.1B | $1.0B | $132M | +13% |
| Other operating costs | $6.0B | $5.5B | $493M | +9% |
| Net earnings | $294M | $243M | $51.0M | +21% |
| Minority interests | $108M | $59.3M | $49.1M | +83% |
| Income tax | $116M | $118M | −$1.9M | -2% |
| Depreciation & amortization | $188M | $159M | $29.4M | +19% |
| Share-based compensation | $62.0M | $61.5M | $484K | +0.8% |
| Working capital & other | $126M | $241M | −$115M | -48% |
| Operating cash flow | $419M | $223M | $196M | +88% |
| Free cash flow (OCF − capex) | $130M | −$39.9M | $170M | — |
| Capital expenditures | $290M | $263M | $26.1M | +10% |
Questions
How much did Live Nation Entertainment's revenue grow year over year in Q2 2026?
Live Nation Entertainment's revenue rose $660M (+9%) from $7.0B in Q2 2025 to $7.7B in Q2 2026. Operating margin 6.8% against 6.9% (-0.1 pts).