Vivid Seats Inc. (SEATW) Financial Statements
Industry: Miscellaneous Amusement & Recreation (Services)
In fiscal 2025, Vivid Seats reported revenue of $450.5M, down 30.5% from $647.9M the year before. Net income was $806.1M (a 178.9% net margin). Operating activities generated -$91.6M of cash, leaving -$93.8M of free cash flow. At fiscal year end, Vivid Seats held $636.9M in total assets against $722.0M in total liabilities, including $102.7M of cash and equivalents.
Open the full interactive Vivid Seats financials → Quarterly statements, key ratios, valuation history and price charts.
Vivid Seats Key Stats
| Share Price | $2.79 |
|---|---|
| Revenue YoY Growth | -30.5% |
| 52-Week Range | $2.79 – $13.33 |
| Shares Outstanding | 3.9 million (basic, 2023 Q1) |
Vivid Seats Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $389.7M | $511.1M | $597.4M | $647.9M | $450.5M |
| Pre-Tax Income | -$18.8M | $69.2M | $70.9M | $22.7M | -$652.1M |
| Income Tax | $304,000 | -$1.6M | -$42.2M | $8.4M | $69.4M |
| Net Income | -$19.1M | $70.8M | $69.4M | $13.4M | $806.1M |
Vivid Seats Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $104.8M | $97.5M | $97.5M | $103.9M |
| Net Income | -$30.2M | $1.18B | $0 | $0 |
| Diluted EPS | — | — | -$1.35 | — |
Vivid Seats Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | — | $251.5M | $125.5M | $243.5M | $102.7M |
| Current Assets | — | $331.5M | $246.0M | $345.2M | $178.5M |
| Total Assets | — | $1.15B | $1.55B | $1.64B | $636.9M |
| Current Liabilities | — | $378.0M | $487.8M | $425.8M | $303.3M |
| Total Long-Term Debt | — | $272.9M | $273.1M | $393.0M | $390.1M |
| Total Liabilities | — | $1.53B | $1.45B | $1.02B | $722.0M |
| Shareholders' Equity | — | -$382.7M | $105.0M | $261.1M | -$85.1M |
Vivid Seats Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | $219.9M | $14.4M | $147.3M | $53.9M | -$91.6M |
| Cash From Investing | -$9.3M | -$15.4M | -$225.6M | -$26.7M | -$20.2M |
| Cash From Financing | -$6.1M | -$236.5M | -$43.4M | $86.1M | -$29.4M |
| Free Cash Flow | $218.8M | $10.8M | $146.4M | $49.7M | -$93.8M |
Figures from Vivid Seats' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Vivid Seats financials page for every line item.
Vivid Seats Company Profile
| Ticker | SEATW |
|---|---|
| Exchange | Nasdaq |
| Industry | Miscellaneous Amusement & Recreation (Services) |
| Headquarters | Chicago, Illinois |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company, emerging growth company |
| SEC CIK | 0001856031 |
Frequently Asked Questions
What was Vivid Seats' revenue in fiscal 2025?
Vivid Seats (SEATW) reported revenue of $450.5M for fiscal 2025.
What is Vivid Seats' annual revenue history?
Vivid Seats' annual revenue by fiscal year: 2021: $389.7M; 2022: $511.1M; 2023: $597.4M; 2024: $647.9M; 2025: $450.5M.
What was Vivid Seats' net income in fiscal 2025?
Vivid Seats reported net income of $806.1M for fiscal 2025.
How much free cash flow did Vivid Seats generate in fiscal 2025?
Vivid Seats generated -$93.8M of free cash flow in fiscal 2025.
What was Vivid Seats' revenue last quarter?
In its most recent reported quarter (2026 Q2), Vivid Seats reported revenue of $103.9M.
How much debt does Vivid Seats have?
Vivid Seats reported $390.1M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Vivid Seats are outstanding?
Vivid Seats reported a weighted average of 3.9 million basic shares outstanding in 2023 Q1.
When does Vivid Seats' fiscal year end?
Vivid Seats' fiscal year end, as registered with the SEC, is December 31.
Where is Vivid Seats headquartered?
Vivid Seats lists its business address in Chicago, Illinois in its SEC filings.
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