Live Nation Entertainment financials
$171.09−0.47%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.20B | $23.16B | $22.73B | $16.68B | $6.27B | $1.86B | $11.55B | $10.79B | $9.69B | $7.83B |
| Gross profit | $6.44B | $5.77B | $5.44B | $4.33B | $6.27B | $458.8M | $3.08B | $2.82B | $2.51B | $2.19B |
| Gross margin | 25.5% | 24.9% | 23.9% | 26.0% | 100.0% | 24.6% | 26.7% | 26.1% | 25.9% | 27.9% |
| Operating income | $1.23B | $813.5M | $1.07B | $689.9M | -$419.1M | -$1.65B | $322.5M | $282.9M | $90.4M | $195.1M |
| Net income | -$54.8M | $647.4M | $309.5M | $119.7M | -$670.7M | -$1.72B | -$4.9M | -$17.7M | -$97.6M | -$47.0M |
| Net margin | −0.2% | 2.8% | 1.4% | 0.7% | −10.7% | −92.6% | 0.0% | −0.2% | −1.0% | −0.6% |
| Diluted EPS | $-0.24 | $2.74 | $1.34 | $0.52 | $-3.09 | $-8.12 | $-0.02 | $-0.09 | $-0.48 | $-0.23 |
| EBITDA | $1.96B | $1.45B | $1.67B | $1.22B | -$2.8M | -$1.12B | $846.8M | $749.5M | $546.0M | $598.7M |
| Operating cash flow | $1.40B | $1.73B | $1.36B | $1.84B | $1.78B | -$1.00B | $483.0M | $975.5M | $633.2M | $606.8M |
| Free cash flow | $333.6M | $1.08B | $924.4M | $1.49B | $1.63B | -$1.22B | $159.4M | $735.7M | $394.7M | $433.0M |
| Diluted shares | 231.8M | 236.4M | 231.0M | 231.6M | 217.2M | 212.3M | 210.1M | 207.4M | 204.9M | 202.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $7.09B | $6.10B | $6.23B | $5.61B | $4.88B | $2.54B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $8.20B | $6.44B | $6.59B | $5.90B | $5.73B | $4.91B |
| Total assets | $22.91B | $19.64B | $19.03B | $16.46B | $14.40B | $10.59B |
| Total liabilities | $21.09B | $17.69B | $17.62B | $15.70B | $14.04B | $10.45B |
| Shareholders' equity | $894.4M | $819.0M | $552.0M | $93.8M | $363.5M | $138.7M |
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