VENU · XBRL financial data
Venu Holding financial statements, every fiscal year
The same tables from 3 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 (VENU's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Revenue from contracts with customers | 17,834 | 17,897 |
| General and administrative | 18,832 | 36,954 |
| Total operating expenses | 45,213 | 70,928 |
| Operating income (loss) | (27,378) | (46,134) |
| Interest income | 706 | — |
| Interest expense | 3,907 | 4,583 |
| Net income (loss) | (30,340) | (44,094) |
| Earnings per share, basic USD per share | (0.86) | (1.10) |
| Earnings per share, diluted USD per share | (0.86) | (1.10) |
| Weighted average shares, basic thousands of shares | 11,643 | 39,981 |
| Weighted average shares, diluted thousands of shares | 11,643 | 39,981 |
Balance sheet
CSVFiscal years (VENU's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Cash and cash equivalents | 37,969 | 41,306 |
| Inventory | 225 | 474 |
| Prepaid and other current assets | 851 | 2,547 |
| Total current assets | 39,046 | 44,327 |
| Property and equipment, net | 137,216 | 305,947 |
| Right-of-use asset | 1,352 | 17,397 |
| Total assets | 178,418 | 370,555 |
| Accounts payable | 7,283 | 25,129 |
| Accrued liabilities | 3,557 | 27,848 |
| Current portion of long-term debt | 11,535 | 400 |
| Total current liabilities | 24,529 | 57,352 |
| Long-term debt | 14,100 | 56,568 |
| Lease liability, non-current | 1,021 | 16,886 |
| Total liabilities | 47,600 | 171,704 |
| Accumulated deficit | (47,361) | (91,455) |
| Total stockholders' equity | 95,723 | 122,741 |
| Total liabilities and equity | 178,418 | 370,555 |
| Common shares outstanding (cover page) thousands of shares | 37,496 | 60,042 |
Cash flows
CSVFiscal years (VENU's year ends in late December)
| In thousands of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Net income (loss) | (30,340) | (44,094) |
| Stock-based compensation | 12,015 | 15,068 |
| Depreciation and amortization | 3,590 | 6,111 |
| Net cash from operating activities | 3,758 | 7,649 |
| Purchases of property and equipment | 72,484 | 141,655 |
| Net cash from investing activities | (72,410) | (133,433) |
| Proceeds from issuing common stock | 31,960 | 33,074 |
| Repayments of long-term debt | 313 | 383 |
| Net cash from financing activities | 86,420 | 129,120 |
| Net change in cash | 17,768 | 3,337 |
Compare with peers
SIC 7900 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7900 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 $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Venu Holding | 16,284 | 4,795 | (883)* | 56.2M | 18.4 quarters | 10-QJun 30, 2026 |
| Reservoir Media | 13,660 | 41,482 | (1,407) | 65.9M | 9.7 quarters | 10-QJun 30, 2026 |
| Accel Entertainment | 294,354 | 363,555 | 79,430* | 80.2M | — | 10-QSep 30, 2026 |
| Lucky Strike Entertainment | 39,360 | 303,948* | (11,957)* | not reported | 3.3 quarters | 10-KJun 28, 2026 |
| Adapti | 33 | 1,526 | (766)* | 8.1M | 0.0 quarters | 10-QDec 31, 2025 |
| Sphere Entertainment | 550,974 | 313,639 | (33,658)* | not reported | 16.4 quarters | 10-QJun 30, 2026 |
| Galaxy Gaming | 4,758 | 7,938 | 1,623* | 25.0M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.