Live Nation Entertainment, Inc.

LYV Communication Services Entertainment

Live Nation Entertainment, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $25.2 billion, up 8.83% from fiscal 2024.

Revenue
+18.9%
EPS
+135.1%
Free cash flow
−131.9%
Total debt
+32.5%

Quarter to September 2026, against a year earlier

182.07 1.11 −0.61%
Market cap
$42.7B
P/E
0.0×
Fwd P/E
−358×
Dividend yield
—
F-score
4/9
Altman Z
2.11
Beneish M
−2.51
Dividend safety
26/100

Live Nation Entertainment, Inc. (LYV) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by regions, and margins
Total Domestic Operations 14,329 56.86%
Europe 5,815 23.08%
Total Other Foreign Operations 5,057 20.06%
Gross margin 25.55%
Operating margin 4.96%
Pre-tax margin 4.09%

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
Concerts 20,861 19,024 18,741 13,494 4,722 1,468 9,428 8,770 7,892 6,284 5,383 4,727 4,517 3,870 3,506 3,438 3,704
Ticketing 3,081 2,989 2,959 2,239 1,134 188 1,545 1,530 1,347 1,166 1,640 1,557 1,408 1,374 1,319 1,089 62
Sponsorship and Advertising 1,329 1,195 1,095 968 412 204 590 504 445 378 334 300 285 248 231 200 161
Corporate Segment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 — —
Other and Eliminations — — — — — — 3 4 21 8 3 3 3 3 3 4 5
Artist Nation — — — — — — — — — — — 389 353 400 393 362 251
Intersegment Eliminations — — — — — — — — — — — — — — (69) (30) (19)
Unallocated Amount to Segment [Member] (Deprecated 2013-01-31) — — — — — — — — — — — — — — — 0 0
eCommerce — — — — — — — — — — — — — — — — 16
Eliminations — — — — — — — — — — (114) (110) (87) (76) — — —
Revenue 25,201 23,156 22,726 16,681 6,268 1,861 11,548 10,788 9,687 7,826 7,246 6,867 6,479 5,819 5,384 5,064 4,181

Operating income by segment $m, and margin

Revenue by region $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
Total Domestic Operations 14,329 14,374 14,215 11,046 5,082 1,196 7,633 7,127 6,279 5,390 5,038 4,503 3,988 3,777 3,310 3,443 2,726
Europe 5,815 4,621 4,426 3,160 870 407 — — — — — — — — — — —
Total Other Foreign Operations 5,057 4,160 4,085 2,474 316 258 3,076 2,868 — — — — — — — — —
United Kingdom — — — — — — 839 794 — — 673 772 717 692 687 576 536
Other Foreign Operations — — — — — — — — — — 1,535 1,592 1,773 1,350 — — —
Other Foreign Locations — — — — — — — — — — — — — — 1,387 1,044 919
Total Foreign Operations 10,872 8,782 8,511 5,635 1,186 665 3,915 3,661 — — 2,207 2,364 2,490 2,042 2,074 1,620 1,455
Revenue 25,201 23,156 22,726 16,681 6,268 1,861 11,548 10,788 9,687 7,826 7,246 6,867 6,479 5,819 5,384 5,064 4,181

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Estimated number of fee-bearing tickets Q3 FY2026 98.0M 89.0M +10.11%
Fan attendance Q3 FY2026 61.0M — —

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.