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Companies / Communication Services / Vivid Seats Inc.
SEAT

Vivid Seats Inc.

Ticker SEATCHICAGO, ILFiscal year ends DecemberBook value per share $-9.61Diluted shares 10.9M

Vivid Seats Inc. (Nasdaq: SEAT) operates an online ticket marketplace connecting fans of live events with ticket sellers, serving buyers, professional resellers, and distribution and event partners. Its platform supports ticket search, purchase, delivery, and customer service; the company also offers seller software… From the company’s description.

Over the twelve months to Jun 30, 2026, Vivid Seats Inc. reported revenue of $518.83M, down 25.2% from a year earlier, and a net loss of $477.33M. Its operating margin was −88.4%, and operations generated $7.52M in cash. In fiscal 2025, it reported revenue of $570.78M, down 26.4% from fiscal 2024, and a net loss of $721.49M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$570.78MFY2025
−26.4% year over year
Last 12 mo $518.83M
-136.57%FY2025
−142 percentage points
Last 12 mo -88.41%
$-721.49MFY2025
−5144.7% year over year
Last 12 mo $-477.33M
-946.86%FY2025
−952 percentage points
Last 12 mo -1068.78%
Cash & financing
$-91.60MFY2025
−269.9% year over year
Last 12 mo $7.52M
$-93.76MFY2025
−288.7% year over year
Last 12 mo $7.37M
-4.74FY2025
Was 1.56× a year earlier
Last 12 mo -3.82
10.4MFY2025
−95.0% year over year
Last 12 mo 10.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Vivid Seats Inc. does

In the company’s own words

Vivid Seats Inc. (Nasdaq: SEAT) operates an online ticket marketplace connecting fans of live events with ticket sellers, serving buyers, professional resellers, and distribution and event partners. Its platform supports ticket search, purchase, delivery, and customer service; the company also offers seller software for inventory management, pricing, and order fulfillment. It operates two reportable segments: Marketplace, which facilitates ticket sales and hotel bookings without holding ticket inventory, and Resale, which acquires tickets for resale on secondary marketplaces, including its own. The business covers concerts, sports, and theater, with brands and properties including Vivid Seats, Vegas.com, and Japan-based Wavedash. Skybox is its free-to-use seller ERP, complemented by the subscription-based Skybox Drive pricing tool; the Vivid Seats Rewards program serves ticket buyers. The company was founded in 2001, acquired Vegas.com and Wavedash in 2023, and had 565 employees as of December 31, 2025. Its website is www.vividseats.com.

Company details
Sector
Communication Services
Industry (SIC)
Services
Headquarters
CHICAGO, IL
Fiscal year end
December
CIK
1856031
SIC
7990

Financial performance, year by year

Fiscal 2021–2025 · USD
$-871.20M$-422.07M$27.05M$476.17M$925.29M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Vivid Seats Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

51
funds hold it
0 of 35
superinvestors hold it
$3.74M
held by funds, at market
4.4%
of shares held by funds

Largest fund holders · Vivid Seats Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
VANGUARD RUSSELL 2000 INDEX FUND
VTWO · VANGUARD SCOTTSDALE FUNDS
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Vivid Seats Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Vivid Seats Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Vivid Seats Inc.'s last four quarterly filings that the numbers alone won't show?”
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