Event ticketing platform Eventbrite swings to Q3 profit

Eventbrite

06/11/2025 22:13

Overview

Eventbrite Q3 revenue slightly misses expectations, declining 8% yr/yr to $71.7 mln

Net income of $6.4 mln, up from a net loss last year

Adjusted EBITDA of $8.4 mln beats analyst expectations

Outlook

Eventbrite expects Q4 2025 revenue between $71.5 mln and $74.5 mln

Company raises FY 2025 adjusted EBITDA margin outlook to 8%-9%

Eventbrite narrows FY 2025 revenue outlook to $290 mln-$293 mln

Result Drivers

ORGANIZER FEES ELIMINATION - Revenue decline driven in part by removal of organizer fees

EVENTBRITE ADS GROWTH - Eventbrite Ads grew 38% year-over-year

OPERATING EXPENSE REDUCTIONS - Lower operating expenses contributed to net income increase

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Miss*
$71.70 mln
$71.90 mln (3 Analysts)
Q3 Net Income
$6.40 mln
Q3 Adjusted EBITDA
Beat
$8.40 mln
$5.10 mln (3 Analysts)
Q3 Adjusted EBITDA Margin
11.70%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy."

Wall Street's median 12-month price target for Eventbrite Inc is $2.85, about 19.6% above its November 5 closing price of $2.29

Press Release: ID:nBw5bz2g6a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)