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Vivid Seats (SEAT) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Vivid Seats (SEAT) reported revenue of $104M for the second quarter 2026 (Q2 2026), -9% from a year earlier and +7% from the quarter before. Operating margin was -13.8%, net loss $14.3M (13.8% of revenue).

Revenue$104M
Year over year-9%
Quarter over quarter+7%
Operating margin-13.8%
Net earnings−$14.3M

Vivid Seats, Q2 2026: revenue $104M (-9% year over year), operating margin -13.8%, net loss $14.3M, operating cash flow −$799K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$104M+7%-9%
Operating profit−$14.3M——
Net earnings−$14.3M——
Operating cash flow−$799K-102%—

What changed

Revenue was $103.9M in Q2 2026, down 9% year over year and up 7% from the previous quarter. Concerts was the largest line at 41% of revenue. Concerts lost $8.2M year over year (down 16%), 78% of the total change.

Operating costs exceeded revenue by $14.3M, an operating margin of -13.8%. Total costs fell 69% while revenue fell 9%. The quarter ended with a net loss of $14.3M, narrower than the previous quarter's $14.6M loss. Minority interests bore $14.3M of it: to shareholders the quarter was a profit of $0K.

Operating cash flow was −$799K. Non-cash charges added back $12.3M of depreciation and amortization and $4.7M of share-based compensation. Working capital and other items used $3.5M.

Questions

What was Vivid Seats' revenue in the second quarter 2026?

Vivid Seats (SEAT) reported revenue of $104M for the second quarter 2026 (Q2 2026), -9% from a year earlier and +7% from the quarter before.

Was Vivid Seats profitable in the second quarter 2026?

Operating loss was $14.3M (-13.8% of revenue) and net loss $14.3M.

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Source: Vivid Seats 10-Q on SEC EDGAR.