Live Nation Entertainment (LYV) financials
Live Nation Entertainment revenue and earnings by year
Live Nation Entertainment's revenue was $25.2 billion in the fiscal year to December 31, 2025, up 8.8% from the year before. Net income was $496 million, 2.0% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 13.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.2 | 23.2 | 22.7 | 16.7 | 6.3 | 1.9 | 11.5 | 10.8 | 9.7 | 7.8 |
| Revenue growth | 8.8% | 1.9% | 36.2% | 166.1% | 236.8% | -83.9% | 7.0% | 11.4% | 23.8% | — |
| Gross profit | 6.4 | 5.8 | 5.4 | 4.3 | 1.9 | 0.5 | 3.1 | 2.8 | 2.5 | 2.2 |
| Gross margin | 25.5% | 24.9% | 23.9% | 26.0% | 30.5% | 24.6% | 26.7% | 26.1% | 25.9% | 27.9% |
| Operating income | 1.2 | 0.9 | 1.0 | 0.7 | -0.4 | -1.6 | 0.3 | 0.3 | 0.1 | 0.2 |
| Operating margin | 4.7% | 4.0% | 4.6% | 4.1% | -6.7% | -87.8% | 2.8% | 2.4% | 0.9% | 2.4% |
| Net income | 0.5 | 0.9 | 0.6 | 0.3 | -0.7 | -1.7 | 0.1 | 0.1 | -0.0 | 0.0 |
| Net margin | 2.0% | 3.9% | 2.5% | 1.6% | -10.4% | -92.7% | 0.6% | 0.6% | -0.1% | 0.0% |
| Diluted EPS | -$0.24 | $2.74 | $1.34 | $0.52 | -$3.09 | -$8.10 | — | -$0.12 | -$0.52 | -$0.25 |
| Free cash flow | 0.3 | 1.1 | 0.9 | 1.5 | 1.6 | -1.3 | 0.1 | 0.7 | 0.4 | 0.4 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open LYV in Markets.
How Live Nation Entertainment makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Concerts | $6.44B | 83.9% |
| Ticketing | $852M | 11.1% |
| Sponsorship & Advertising | $383M | 5.0% |
See also: LYV valuation and P/E history · LYV returns
No forecast, no recommendation. This page describes Live Nation Entertainment from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.