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How Live Nation Entertainment (LYV) makes money
Live Nation Entertainment (LYV) made $10.1B of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Of every dollar of revenue, 9¢ was left as operating profit, 4¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $10.1B | 100.0% |
| Operating profit | $892M | 8.8% |
| Income tax | $258M | 2.6% |
| Net earnings | $448M | 4.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $10.1B | +19% |
| Q2 2026 | $7.7B | +9% |
| Q1 2026 | $3.8B | +12% |
| Q4 2025 | $6.3B | +11% |
| Q3 2025 | $8.5B | +11% |
| Q2 2025 | $7.0B | +16% |
| Q1 2025 | $3.4B | -11% |
From Live Nation Entertainment's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Live Nation Entertainment make money?
Live Nation Entertainment (LYV) made $10.1B of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Of every dollar of revenue, 9¢ was left as operating profit, 4¢ was left as net earnings.
What is Live Nation Entertainment's profit margin?
Net earnings were $448M, 4.4% of revenue, in the third quarter 2026; the operating margin was 8.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.