SEAT · XBRL financial data
Vivid Seats financial statements, every fiscal year
The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (SEAT's year ends in late December)
| In millions of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Revenue from contracts with customers | 390 | 511 | 597 | 648 | 451 |
| Other operating income (expense) | — | 3 | 3 | 6 | 1 |
| Income tax expense (benefit) | 0 | (2) | (42) | 8 | 69 |
| Net income (loss) | (5) | 71 | 69 | 13 | 806 |
| Earnings per share, basic USD per share | — | — | 16.08 | — | — |
| Earnings per share, diluted USD per share | — | — | 5.15 | 1.12 | — |
| Weighted average shares, basic millions of shares | — | — | 5 | — | — |
| Weighted average shares, diluted millions of shares | — | — | 10 | 10 | — |
Balance sheet
CSVFiscal years (SEAT's year ends in late December)
| In millions of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 490 | 252 | 125 | 243 | 103 |
| Inventory | 12 | 13 | 21 | 20 | 18 |
| Prepaid and other current assets | 73 | 30 | 34 | 33 | 26 |
| Total current assets | 610 | 332 | 246 | 345 | 178 |
| Property and equipment, net | 1 | 10 | 10 | 13 | 12 |
| Right-of-use asset | 9 | 8 | 10 | 12 | 11 |
| Goodwill | 718 | 715 | 947 | 943 | 284 |
| Total assets | 1,409 | 1,151 | 1,550 | 1,636 | 637 |
| Accounts payable | 191 | 161 | 258 | 233 | 153 |
| Accrued liabilities | 281 | 182 | 192 | 165 | 126 |
| Total current liabilities | 497 | 378 | 488 | 426 | 303 |
| Total liabilities | — | — | 963 | 1,022 | 722 |
| Accumulated deficit | (1,043) | (1,014) | (940) | (930) | (1,359) |
| Total stockholders' equity | — | (383) | 105 | 261 | (85) |
| Total liabilities and equity | 1,409 | 1,151 | 1,550 | 1,636 | 637 |
| Common shares outstanding (cover page) millions of shares | — | — | — | — | 11 |
Cash flows
CSVFiscal years (SEAT's year ends in late December)
| In millions of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Net income (loss) | (5) | 71 | 69 | 13 | 806 |
| Stock-based compensation | 6 | 19 | 28 | 50 | 37 |
| Net cash from operating activities | 220 | 14 | 147 | 54 | (92) |
| Purchases of property and equipment | 1 | 4 | 1 | 4 | 2 |
| Net cash from investing activities | (9) | (15) | (226) | (27) | (20) |
| Share repurchases | 0 | 32 | 20 | 23 | 18 |
| Net cash from financing activities | (6) | (236) | (43) | 86 | (29) |
| Net change in cash | 204 | (238) | (120) | 112 | (141) |
Compare with peers
SIC 7990 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7990 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Vivid Seats | 137 | 104 | (0.8)* | 11.2M | 171.1 quarters | 10-QJun 30, 2026 |
| Seaport Entertainment Group | 118 | 34 | (1.4)* | 12.8M | 83.2 quarters | 10-QJun 30, 2026 |
| Butler National | 35 | 31 | 4.6 | 63.8M | — | 10-QJul 31, 2026 |
| Xponential Fitness | 25 | 2.7 | (4)* | not reported | 6.2 quarters | 10-QJun 30, 2026 |
| Falcon's Beyond Global | 3.1 | 5.6 | 2.4* | not reported | — | 10-QJun 30, 2026 |
| Vivic | 0 | not reported | (0)* | 27.7M | 7.8 quarters | 10-QMar 31, 2026 |
| New Royal Holdco I | 55 | 156* | 10* | 26.2M | — | 10-KDec 31, 2025 |
| Aureus Greenway Holdings | 22 | 0.7 | (0.3)* | 26.9M | 145.8 quarters | 10-QJun 30, 2026 |
| Pursuit Attractions & Hospitality | 34 | 133 | not reported | 27.3M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.