Earnings Releases·Nov 9, 2026, 6:34 AM ET

Vivid Seats — Third Quarter 2026 Earnings Summary

Q3 2026 Marketplace GOV rose 0.9% year-over-year to $624.0 million, while revenue declined 7.0% to $126.9 million; net loss narrowed to $17.4 million from $19.7 million, and Adjusted EBITDA increased to $8.9 million from $4.9 million.
Full-year 2026 guidance anticipates Marketplace GOV between $2.3 billion and $2.6 billion and Adjusted EBITDA between $34.0 million and $40.0 million.
The Company reached an agreement in principle for a recapitalization transaction that would convert significant debt to equity, reduce funded debt by approximately $200 million, and provide $60 million in new term loans.
Nine-month 2026 results show a net loss of $46.3 million compared to $292.8 million in the prior year period, driven by a $320.4 million impairment charge recorded in 2025 with none in 2026.