Vivid Seats Q1 revenue slightly beats estimates

Vivid Seats

05/05/2026 11:44

Overview

U.S. ticket marketplace's Q1 revenue slightly beat analyst expectations, adjusted EBITDA beat estimates

Company posted a net loss for Q1 and saw yr/yr declines in revenue and adjusted EBITDA

Sequential growth in gross order value and adjusted EBITDA attributed to progress on fiscal priorities

Outlook

Vivid Seats sees 2026 Marketplace GOV between $2.2 bln and $2.6 bln

Company expects 2026 adjusted EBITDA in the range of $30 mln to $40 mln

Vivid Seats aims for a return to growth over 2026 and beyond

Result Drivers

OPERATIONAL EXECUTION - Co said sequential growth in GOV and adjusted EBITDA reflected progress on fiscal 2026 priorities

EVENT CANCELLATIONS - Event cancellations negatively impacted GOV, but less than in prior yr

Company press release: ID:nGNXsRd8K

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$125.80 mln
$125.10 mln (8 Analysts)
Q1 Net Income
-$14.60 mln
Q1 Adjusted EBITDA
Beat
$9.50 mln
$8.55 mln (8 Analysts)

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)