Live Nation Entertainment (LYV) Revenue — Quarter Ended Dec 31, 2025
Revenue for the quarter declined from the prior quarter but rose compared to the same period a year earlier. The sequential drop reflects typical seasonal patterns, while the year-over-year gain indicates continued growth.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue for the quarter declined from the prior quarter but rose compared to the same period a year earlier. The sequential drop reflects typical seasonal patterns, while the year-over-year gain indicates continued growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.3B
Revenue reported for this quarter.
Quarter-over-quarter
-25.7%
Change from the immediately preceding quarter.
Year-over-year
+11.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$25.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2025 | $3.4B | -11.0% |
| Jun 30, 2025 | $7B | +16.3% |
| Sep 30, 2025 | $8.5B | +11.1% |
| Dec 31, 2025 | $6.3B | +11.1% |
Revenue performance
The company reported lower revenue than the immediately preceding quarter, driven by seasonal factors. Year-over-year, however, revenue was higher, demonstrating ongoing demand for live events.
Quarterly comparison
Compared to the prior quarter, revenue decreased sharply, aligning with typical fourth-quarter seasonal declines. In contrast, revenue increased versus the same quarter last year, extending a multi-quarter growth trajectory.
What to watch
Monitor the company's cash management strategy given the significant client cash held on behalf of ticketing clients.