Filing Flows › Live Nation Entertainment (LYV) › Q3 2026
Live Nation Entertainment (LYV) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Live Nation Entertainment (LYV) reported revenue of $10.1B for the third quarter 2026 (Q3 2026), +19% from a year earlier and +32% from the quarter before. Operating margin was 8.8%, net earnings $448M (4.4% of revenue).
Live Nation Entertainment, Q3 2026: revenue $10.1B (+19% year over year), operating margin 8.8%, net earnings $448M, operating cash flow −$658M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.1B | +32% | +19% |
| Operating profit | $892M | +71% | +13% |
| Net earnings | $448M | +52% | +4% |
| Operating cash flow | −$658M | -257% | — |
What changed
Revenue was $10.1B in Q3 2026, up 19% year over year and up 32% from the previous quarter.
Operating profit was $0.89B, a 8.8% margin (down 0.5 points year over year). Of the extra revenue versus Q3 2025, 6% reached operating profit, below the 9% margin then. Total costs grew 20% against revenue growth of 19%. The fastest-growing cost line was Other operating costs (+20%). Net earnings were $0.45B, up 4% year over year. The effective tax rate was 31.3%.
Operating cash flow was −$0.66B. Non-cash charges added back $0.18B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $1.5B. Capital expenditures of $0.20B exceeded it, leaving free cash flow of −$0.86B.
Questions
What was Live Nation Entertainment's revenue in the third quarter 2026?
Live Nation Entertainment (LYV) reported revenue of $10.1B for the third quarter 2026 (Q3 2026), +19% from a year earlier and +32% from the quarter before.
Was Live Nation Entertainment profitable in the third quarter 2026?
Operating profit was $892M (8.8% of revenue) and net earnings $448M.