Filing Flows › Live Nation Entertainment (LYV) › Q2 2026
Live Nation Entertainment (LYV) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Live Nation Entertainment (LYV) reported revenue of $7.7B for the second quarter 2026 (Q2 2026), +9% from a year earlier and +102% from the quarter before. Operating margin was 6.8%, net earnings $294M (3.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.7B | +102% | +9% |
| Operating profit | $522M | — | +7% |
| Net earnings | $294M | — | +21% |
| Operating cash flow | $419M | -82% | +88% |
| Free cash flow | $130M | -94% | — |
What changed
Revenue was $7.7B in Q2 2026, up 9% year over year and up 102% from the previous quarter.
Operating profit was $0.52B, a 6.8% margin (down 0.1 points year over year). Of the extra revenue versus Q2 2025, 5% reached operating profit, below the 7% margin then. Total costs grew 10% against revenue growth of 9%. The fastest-growing cost line was SG&A (+13%). Net earnings were $0.29B, up 21% year over year. The effective tax rate was 22.3%.
Operating cash flow was $0.42B (up 88% year over year), 104% of net income including minority interests. Non-cash charges added back $0.19B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items used $0.23B. Capital expenditures of $0.29B left free cash flow of $0.13B.
Questions
What was Live Nation Entertainment's revenue in the second quarter 2026?
Live Nation Entertainment (LYV) reported revenue of $7.7B for the second quarter 2026 (Q2 2026), +9% from a year earlier and +102% from the quarter before.
Was Live Nation Entertainment profitable in the second quarter 2026?
Operating profit was $522M (6.8% of revenue) and net earnings $294M.