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Filing Flows › Vivid Seats (SEAT) › Q2 2026 › vs Q2 2025

Vivid Seats (SEAT) Q2 2026 vs Q2 2025 (year over year)

Vivid Seats's revenue fell $10.5M (-9%) from $114M in Q2 2025 to $104M in Q2 2026. The biggest changes: Concerts −$8.2M (-16%); Theater −$7.8M (-33%); Sports +$5.9M (+16%).

Vivid Seats, Q2 2026: revenue $104M (-9% year over year), operating margin -13.8%, net loss $14.3M, operating cash flow −$799K. The chart draws each line against Q2 2025, the increases inside each band.

Vivid Seats: what changed, Q2 2026 vs Q2 2025Vivid Seats: what changed, Q2 2026 vs Q2 2025Costs & expenses−$260MOperating costs−$260MNet loss−$249MNet loss absorbed−$249MWorking capital & other$214MOperating cash sources−$34.8MCash used in operations−$27.8MConcerts−$8.2MTheater−$7.8MShare-based compensation−$7.0M

Every line

LineQ2 2026Q2 2025Change%
Concerts$42.4M$50.6M−$8.2M-16%
Sports$41.7M$35.8M$5.9M+16%
Theater$15.9M$23.7M−$7.8M-33%
Other$3.9M$4.3M−$470K-11%
Revenue$104M$114M−$10.5M-9%
Net loss$14.3M$263M−$249M-95%
Costs & expenses$118M$378M−$260M-69%
Operating costs$118M$378M−$260M-69%
Operating cash sources$17.8M$52.6M−$34.8M-66%
Depreciation & amortization$12.3M$12.3M−$23K-0.2%
Share-based compensation$4.7M$11.7M−$7.0M-60%
Cash used in operations$799K$28.6M−$27.8M-97%
Net loss absorbed$14.3M$263M−$249M-95%
Working capital & other$3.5M−$211M$214M—

Questions

How much did Vivid Seats's revenue grow year over year in Q2 2026?

Vivid Seats's revenue fell $10.5M (-9%) from $114M in Q2 2025 to $104M in Q2 2026.

What drove Vivid Seats's revenue change in Q2 2026?

Concerts −$8.2M (-16%); Theater −$7.8M (-33%); Sports +$5.9M (+16%).

Q2 2026 results → · Compare in the interactive Sankey →