FINHUB Insights

LYV · Q3 FY25 · Jul 1 – Sep 30, 2025

Live Nation Entertainment Q3 FY25: where the revenue came from and where it went

Live Nation Entertainment Q3 FY25: revenue $8.5B (+11% year over year). Net profit $0.43B. Largest cohort Concerts $7.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Nov 4, 2025 10-Q
Sankey diagram of Live Nation Entertainment's income statement for Q3 FY25: revenue of $8.50 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$8.50B +11% year over year
Gross profit$1.80B 21% margin
Operating profit$0.79B 9% margin
Net profit$0.43B 5% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 8.50 100% +11%
Concerts 7.28 86% +11%
Ticketing 0.80 9% +15%
Sponsorship & advertising 0.44 5% +13%
Cost of revenue−6.7079%
Gross profit1.8021% margin+0pp
SG&A−1.0112%−1pp
Operating profit0.799% margin+1pp
Tax−0.25
Interest & other costs−0.11
Net profit0.435%−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.