Live Nation Entertainment

LYV · Communication Services · Market cap $42.8B

Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 19, 2026

Revenue$6.3B +11% year over year

Gross profit–

Operating profit$-0.1B

Net profit$-0.2B -3% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	6.3	100%	+11%
Concerts	5.1	81%	+12%
Ticketing	0.8	13%	+1%
Sponsorship and Advertising	0.3	5%	+17%
SG&A	−1.3	21%	+1pp
Other	−5.2	82%	+0pp
Operating profit	-0.1	-2% margin	+2pp
Interest & other costs	−0.1
Net profit	-0.2	-3%	−7pp

All figures in billions of U.S. dollars, for Q4 FY24 (period ends Dec 31, 2024).
Item	Value	Share of revenue	Year over year
Revenue	5.7	100%	−2%
Concerts	4.6	81%	−6%
Ticketing	0.8	14%	+14%
Sponsorship and Advertising	0.3	5%	+10%
SG&A	−1.1	20%	+3pp
Other	−4.8	84%	+0pp
Operating profit	-0.2	-4% margin	−3pp
Interest & other costs	−0.2
Net profit	0.2	4%	+8pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q4 FY25	Oct 1 – Dec 31, 2025	Feb 19, 2026	$6.3B	+11%	-2%	$-0.2B	-3%
Q4 FY24	Oct 1 – Dec 31, 2024	Feb 21, 2025	$5.7B	−2%	-4%	$0.2B	4%