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Companies / Consumer Discretionary / Vivid Seats Inc.
SEAT

Vivid Seats Inc.

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

Vivid Seats Inc. (Nasdaq: SEAT) operates as an online ticket marketplace that connects fans with live event tickets through its technology platform. The company's website is www.vividseats.com. Founded in 2001 and launched publicly in 2021 through a merger with Horizon Acquisition Corporation, Vivid Seats has… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$570.78M
−26.4% year over year
Last 12 mo $518.83M
-136.57%
−142 percentage points
Last 12 mo -88.41%
$-721.49M
−5144.7% year over year
Last 12 mo $-477.33M
-946.86%
−952 percentage points
Last 12 mo -1068.78%
Cash & financing
$-91.60M
−269.9% year over year
Last 12 mo $7.52M
$-93.76M
−288.7% year over year
Last 12 mo $7.37M
-4.74
Was 1.56× a year earlier
Last 12 mo -3.82
10.4M
−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 as an online ticket marketplace that connects fans with live event tickets through its technology platform. The company's website is www.vividseats.com. Founded in 2001 and launched publicly in 2021 through a merger with Horizon Acquisition Corporation, Vivid Seats has established itself as a significant player in the secondary ticketing market.

The company operates through two primary segments: Marketplace and Resale. The Marketplace segment generates revenue primarily through service and delivery fees charged to ticket buyers, along with referral fees from third-party event insurance providers. This segment includes the company's owned properties—the Vivid Seats mobile app and website, Vegas.com (acquired in November 2023), and Wavedash (acquired in September 2023)—as well as a Private Label Offering through distribution partners. The Resale segment involves acquiring tickets for resale on secondary marketplaces while providing research and development support for the company's seller tools.

Vivid Seats offers ticket buyers a differentiated value proposition featuring a Lowest Price Guarantee, a 100% Buyer Guarantee, and a Vivid Seats Rewards loyalty program. For ticket sellers, the company provides Skybox, a cloud-based enterprise resource planning tool that enables inventory management, pricing optimization, and order fulfillment across multiple marketplaces. In December 2024, the company launched Skybox Drive, a subscription-based add-on offering dynamic pricing capabilities.

The company's ticket offerings span three major event categories: concerts, sports (including major professional leagues and college sports), and theater. As of December 31, 2025, Vivid Seats employed 565 full-time and part-time employees across five office locations in Chicago, Dallas, Las Vegas, Toronto, and Tokyo. The company maintains strategic partnerships with media companies, sports leagues, teams, event venues, and various product and service providers to expand its reach and enhance the buyer experience. The platform utilizes cloud-based technology infrastructure designed for scalability, reliability, and integration with third-party systems through application programming interfaces.

Company details
Sector
Consumer Discretionary
Industry
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
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
VANGUARD RUSSELL 2000 INDEX FUND
VTWO · VANGUARD SCOTTSDALE FUNDS
0.00%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.

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  • “How do Vivid Seats Inc. and its peers compare on margins and cash generation over ten years?”
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