FINHUB Insights

LYV · Q2 FY25 · Apr 1 – Jun 30, 2025

Live Nation Entertainment Q2 FY25: where the revenue came from and where it went

Live Nation Entertainment Q2 FY25: revenue $7.0B (+16% year over year). Net profit $0.24B. Largest cohort Concerts $5.9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Aug 7, 2025 10-Q
Sankey diagram of Live Nation Entertainment's income statement for Q2 FY25: revenue of $7.01 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

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

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 7.01 100% +16%
Concerts 5.95 85% +19%
Ticketing 0.74 11% +2%
Sponsorship & advertising 0.34 5% +9%
Cost of revenue−5.5279%
Gross profit1.4921% margin−2pp
SG&A−1.0014%−1pp
Operating profit0.497% margin−1pp
Tax−0.12
Interest & other costs−0.13
Net profit0.243%−1pp
Filing on EDGAR More quarters of LYV

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.