Live Nation Entertainment financials
$171.09−0.47%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.67B | $3.79B | $6.31B | $8.50B | $7.01B | $3.38B | $5.68B | $7.65B | $6.02B | $3.80B | $5.82B | $8.15B |
| Gross profit | $1.94B | $1.31B | $1.45B | $2.06B | $1.80B | $1.13B | $1.14B | $1.87B | $1.62B | $1.15B | -$11.43B | $8.15B |
| Gross margin | 25.3% | 34.7% | 23.0% | 24.3% | 25.6% | 33.3% | 20.1% | 24.5% | 26.8% | 30.2% | −196.5% | 100.0% |
| Operating income | $513.4M | -$376.5M | -$143.3M | $777.6M | $485.8M | $112.6M | -$245.1M | $635.6M | $465.0M | -$42.0M | -$87.3M | $652.1M |
| Net income | $247.9M | -$430.4M | -$247.2M | $171.6M | $95.6M | -$74.9M | $139.1M | $397.3M | $240.6M | -$129.6M | -$307.9M | $460.6M |
| Net margin | 3.2% | −11.3% | −3.9% | 2.0% | 1.4% | −2.2% | 2.4% | 5.2% | 4.0% | −3.4% | −5.3% | 5.6% |
| Diluted EPS | $1.05 | $-1.85 | $-1.09 | $0.73 | $0.41 | $-0.32 | $0.62 | $1.66 | $1.03 | $-0.56 | $-1.48 | $1.93 |
| EBITDA | $701.9M | -$207.2M | $47.9M | $1.01B | $644.8M | $262.0M | -$76.0M | $834.8M | $602.8M | $90.6M | -$87.3M | $799.6M |
| Operating cash flow | $419.3M | $2.34B | -$53.7M | -$95.7M | $223.5M | $1.32B | $1.05B | -$720.9M | $412.1M | $988.9M | $598.8M | -$891.0M |
| Free cash flow | $129.7M | $2.03B | -$384.8M | -$392.1M | -$39.9M | $1.15B | $890.2M | -$879.0M | $212.4M | $854.8M | $465.1M | -$993.3M |
| Diluted shares | 244.0M | 232.4M | 227.0M | 234.8M | 234.4M | 231.2M | 225.6M | 245.3M | 245.0M | 229.5M | 207.9M | 244.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $9.07B | $9.08B | $7.09B | $6.75B | $7.06B | $7.16B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $9.20B | $8.51B | $8.20B | $7.36B | $6.48B | $6.41B |
| Total assets | $28.18B | $26.07B | $22.91B | $22.89B | $23.15B | $21.83B |
| Total liabilities | $26.36B | $24.63B | $21.09B | $20.91B | $20.84B | $19.72B |
| Shareholders' equity | $755.6M | $481.8M | $894.4M | $1.13B | $927.9M | $797.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology