Filing Flows › Vivid Seats (SEAT) › Q3 2026 › vs Q3 2025
Vivid Seats (SEAT) Q3 2026 vs Q3 2025 (year over year)
Vivid Seats's revenue fell $6.6M (-6%) from $105M in Q3 2025 to $98.2M in Q3 2026. The biggest changes: Theater −$5.2M (-23%); Concerts −$3.9M (-9%); Sports +$3.7M (+11%).
Vivid Seats, Q3 2026: revenue $98.2M (-6% year over year), operating margin -17.7%, net loss $17.4M, operating cash flow −$77.3M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Concerts | $39.2M | $43.1M | −$3.9M | -9% |
| Sports | $37.6M | $33.9M | $3.7M | +11% |
| Theater | $17.2M | $22.4M | −$5.2M | -23% |
| Other | $4.3M | $5.4M | −$1.1M | -20% |
| Revenue | $98.2M | $105M | −$6.6M | -6% |
| Net loss | $17.4M | $19.7M | −$2.3M | -12% |
| Costs & expenses | $116M | $125M | −$8.9M | -7% |
| Operating costs | $116M | $125M | −$8.9M | -7% |
| Operating cash sources | $94.2M | $24.7M | $69.5M | +281% |
| Depreciation & amortization | $12.3M | $13.7M | −$1.4M | -10% |
| Share-based compensation | $4.6M | $11.5M | −$6.8M | -60% |
| Cash used in operations | $77.3M | −$512K | $77.8M | — |
| Net loss absorbed | $17.4M | $19.7M | −$2.3M | -12% |
| Working capital & other | $76.8M | $5.0M | $71.8M | 15× |
Questions
How much did Vivid Seats's revenue grow year over year in Q3 2026?
Vivid Seats's revenue fell $6.6M (-6%) from $105M in Q3 2025 to $98.2M in Q3 2026.
What drove Vivid Seats's revenue change in Q3 2026?
Theater −$5.2M (-23%); Concerts −$3.9M (-9%); Sports +$3.7M (+11%).