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Venu Holding (VENU) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Venu Holding (VENU) reported revenue of $4.8M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +23% from the quarter before. Operating margin was -319.9%, net loss $19.7M (411.5% of revenue).

Revenue$4.8M
Year over year+7%
Quarter over quarter+23%
Operating margin-319.9%
Net earnings−$19.7M

Venu Holding, Q2 2026: revenue $4.8M (+7% year over year), operating margin -319.9%, net loss $19.7M, operating cash flow −$883K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$4.8M+23%+7%
Operating profit−$15.3M——
Net earnings−$19.7M——
Operating cash flow−$883K——

What changed

Revenue was $4.8M in Q2 2026, up 7% year over year and up 23% from the previous quarter. Food and Beverage was the largest line at 67% of revenue. Food and Beverage added $648K year over year (up 25%), 210% of the total change. Event Center Ticket and Fees Revenue declined 27%.

Operating costs exceeded revenue by $15.3M, an operating margin of -319.9%. Total costs grew 36% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+59%). The quarter ended with a net loss of $19.7M, wider than the previous quarter's $14.4M loss. Minority interests bore $1.8M of it: to shareholders the quarter was a loss of $17.9M.

Operating cash flow was −$883K. Non-cash charges added back $2.4M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items added $14.7M. Capital expenditures of $67.0M exceeded it, leaving free cash flow of −$67.9M.

Questions

What was Venu Holding's revenue in the second quarter 2026?

Venu Holding (VENU) reported revenue of $4.8M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +23% from the quarter before.

Was Venu Holding profitable in the second quarter 2026?

Operating loss was $15.3M (-319.9% of revenue) and net loss $19.7M.

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Source: Venu Holding 10-Q on SEC EDGAR.