Live Nation Entertainment Q2 FY25: where the revenue came from and where it went
The whole income statement of Live Nation Entertainment for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Aug 7, 2025
Revenue$7.01B
+16% year over year
Gross profit$1.49B
21% margin
Operating profit$0.49B
7% margin
Net profit$0.24B
3% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 7.01 | 100% | +16% |
| Concerts | 5.95 | 85% | +19% |
| Ticketing | 0.74 | 10% | +2% |
| Sponsorship & advertising | 0.34 | 5% | +9% |
| Other and unallocated | −0.02 | 0% | |
| Cost of revenue | −5.52 | 79% | |
| Gross profit | 1.49 | 21% margin | −2pp |
| SG&A | −1.00 | 14% | −1pp |
| Operating profit | 0.49 | 7% margin | −1pp |
| Interest & other costs | −0.13 | ||
| Tax | −0.12 | ||
| Net profit | 0.24 | 3% margin | −1pp |
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