SEATNasdaqServices-Miscellaneous Amusement & RecreationFiscal year ends December 31Also trades as SEATW
Vivid Seats Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$2.75−0.12 (-4.18%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Net margin
178.9%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -30.5% | -4.1% | +80.9% | – | |
| Net income | +5903.2% | +125.0% | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 916.1% | |
| Return on assets | – | – | 70.9% | |
| Current ratio | – | – | 0.59 | |
| Debt to equity | – | – | -0.39 | |
| Capex to revenue | – | 1.5% | 0.5% | |
| Diluted shares | – | – | – |
Where the cash went
Fiscal 2021 to 2025, five years combined
Vivid Seats generated $483.01M from operations and spent $105.84M on capital expenditure, dividends and share buybacks. 11% of that went back into the business.
Generated
$483.01M
Used
$105.84M
Capital expenditure$11.98M11%Dividends$00%Share buybacks$93.86M89%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin178.9%
×Asset turnover0.40×
×Equity multiplier12.92×
=Return on equity, FY2025916.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 178.9% | 0.40× | 12.92× | 916.1% |
| FY2024 | 2.1% | 0.41× | 8.70× | 7.3% |
| FY2023 | 11.6% | 0.44× | -9.73× | -50.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$806.05M
- Cash generatingOperating cash flow above zero-$91.60M
- Return on assets improvedROA up on the prior year0.9% → 49.3%
- Earnings backed by cashOperating cash flow above net income-$91.60M vs $806.05M
- Less leverageLong-term debt to assets fell1.1% → 2.6%
- Better liquidityCurrent ratio rose0.81 → 0.59
- No dilutionShare count did not rise10M → –
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.42 → 0.28