Live Nation Entertainment, Inc. (LYV) Financial Statements

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Live Nation Entertainment financial statements at a glance

Live Nation Entertainment reported revenue of $25.20 billion for fiscal year 2025 (ended December 31, 2025), up 8.8% from fiscal year 2024. Net income was $495.97 million, a net margin of 2.0%.

At the end of fiscal year 2025 it had total assets of $22.91 billion, total liabilities of $22.64 billion and shareholders' equity of $271.01 million, with total debt of $8.20 billion.

Its operations brought in $1.40 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

LYV logo

Live Nation Entertainment, Inc.

LYVUnited States
Consumer-Oriented Services
USD (Local)

Income Statement

Annual • USD

Revenue
25.20B
Prev Year: 23.16B
YoY: +8.8%
Total Revenue
-
Cost of Revenue
18.03B
Prev Year: 16.58B
YoY: +8.8%
Gross Profit
7.17B
Prev Year: 6.58B
YoY: +9.0%
SG&A Expenses
5.30B
Prev Year: 4.76B
YoY: +11.3%
Operating Expense
-
Depreciation/Amortization
638.87M
Prev Year: 549.92M
YoY: +16.2%
Operating Expenses
23.95B
Prev Year: 22.33B
YoY: +7.2%
Net Non Operating Interest Income Expense
-
Operating Income
1.25B
Prev Year: 821.95M
YoY: +52.1%
Other Income Expense
-
Interest Inc.(Exp.),Net-Non-Op., Total
-162.38M
Prev Year: -186.40M
YoY: +12.9%
Pre-tax Income
-
Other, Net
-57.53M
Prev Year: 103.87M
YoY: -155.4%
Net Income Before Taxes
1.03B
Prev Year: 739.43M
YoY: +39.4%
Net Income Common Stockholders
-
Provision for Income Taxes
339.79M
Prev Year: -391.70M
YoY: +186.7%
Diluted NI Available to Com Stockholders
-
Net Income After Taxes
690.74M
Prev Year: 1.13B
YoY: -38.9%
Basic EPS
-
Net Income Before Extra. Items
495.97M
Prev Year: 896.29M
YoY: -44.7%
Diluted EPS
-
Net Income
495.97M
Prev Year: 896.29M
YoY: -44.7%
Weighted Average Shares (basic)
-
Total Adjustments to Net Income
-550.80M
Prev Year: -258.08M
YoY: -113.4%
Weighted Average Shares (diluted)
-
Income Available to Com Excl ExtraOrd
-54.83M
Prev Year: 638.21M
YoY: -108.6%
Total Expenses
-
Income Available to Com Incl ExtraOrd
-54.83M
Prev Year: 638.21M
YoY: -108.6%
Net Income from Continuing and Discontinued Operation
-
Diluted Net Income
-54.83M
Prev Year: 647.40M
YoY: -108.5%
Normalized Income
-
Diluted Weighted Average Shares
231.84M
Prev Year: 236.35M
YoY: -1.9%
Interest Income
-
Diluted EPS Excluding ExtraOrd Items
-0.236
Prev Year: 2.739
YoY: -108.6%
Interest Expense
-
Diluted Normalized EPS
0.463
Prev Year: 4.32
YoY: -89.3%
Net Interest Income
-
Unusual Expense (Income)
-17.75M
Prev Year: 446.45M
YoY: -104.0%
EBIT
-
Minority Interest
-194.77M
Prev Year: -234.84M
YoY: +17.1%
Dilution Adjustment
-
Prev Year: 9.187
EBITDA
-
Values in USD

Live Nation Entertainment key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$25.2B$23.2B$22.7B$16.7B$6.3B
Gross profit$7.2B$6.6B$6.2B$4.9B$1.9B
Operating income$1.3B$821.9M$1.1B$722.0M-$410.1M
Net income$496.0M$896.3M$556.9M$266.4M-$670.7M
Diluted EPS––––-$3.09
Total assets$22.9B$19.6B$19.0B$16.5B$14.4B
Total liabilities$22.6B$19.5B$19.1B$16.8B$14.0B
Shareholders' equity$271.0M$173.3M-$52.3M-$367.6M-$582.7M
Cash––––$4.9B
Total debt$8.2B$6.4B$6.6B$5.9B$7.5B
Operating cash flow$1.4B$1.7B$1.4B$1.8B$1.8B
Capital spending––––$159.8M
Free cash flow––––$1.6B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Live Nation Entertainment's revenue in fiscal year 2025?

$25.20 billion, up 8.8% from $23.16 billion in fiscal year 2024.

How much profit does Live Nation Entertainment make?

Live Nation Entertainment reported net income of $495.97 million for fiscal year 2025 (2.0% of revenue); operating income was $1.25 billion.

How much cash and debt does Live Nation Entertainment have?

At the end of fiscal year 2025: total debt of $8.20 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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