Vivid Seats Inc. (SEATW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
24 E. WASHINGTON STREET CHICAGO, IL 60602 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 799 - Miscellaneous Amusement And Recreation (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 243,482 | 202,274 | 234,289 | 154,028 | 125,484 | 268,678 | |||
| Cash and cash equivalent | 243,482 | 202,274 | 234,289 | 154,028 | 125,484 | 268,678 | |||
| Receivables | 48,315 | 65,306 | 68,628 | 69,649 | 58,481 | 64,829 | |||
| Inventory, net of allowances, customer advances and progress billings | 19,601 | 22,254 | 30,249 | 29,505 | 21,018 | 21,533 | |||
| Inventory | 19,601 | 22,254 | 30,249 | 29,505 | 21,018 | 21,533 | |||
| Prepaid expense | 7,388 | 9,687 | 8,018 | 11,811 | 8,218 | 6,591 | |||
| Other current assets | 4,884 | 415 | 949 | 1,448 | 93 | 395 | |||
| Other undisclosed current assets | 21,501 | 25,984 | 28,688 | 30,414 | 32,700 | 43,477 | |||
| Total current assets: | 345,171 | 325,920 | 370,821 | 296,855 | 245,994 | 405,503 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 12,008 | 9,344 | 9,692 | 9,287 | 9,826 | 9,291 | |||
| Property, plant and equipment | 12,567 | 9,589 | 9,663 | 9,831 | 10,156 | 10,240 | |||
| Intangible assets, net (including goodwill) | 1,176,235 | 1,171,985 | 1,168,561 | 1,177,848 | 1,188,514 | 873,844 | |||
| Goodwill | 943,119 | 946,857 | 941,507 | 944,129 | 947,359 | 759,971 | |||
| Intangible assets, net (excluding goodwill) | 233,116 | 225,128 | 227,054 | 233,719 | 241,155 | 113,873 | |||
| Regulated entity, other noncurrent assets | 4,115 | 4,333 | 4,544 | 4,392 | 4,577 | 4,760 | |||
| Deferred income tax assets | 77,967 | 81,245 | 85,073 | 84,727 | 85,564 | 77,376 | |||
| Other undisclosed noncurrent assets | 8,033 | 8,175 | 6,348 | 6,300 | 5,468 | 4,062 | |||
| Total noncurrent assets: | 1,290,925 | 1,284,671 | 1,283,881 | 1,292,385 | 1,304,105 | 979,573 | |||
| TOTAL ASSETS: | 1,636,096 | 1,610,591 | 1,654,702 | 1,589,240 | 1,550,099 | 1,385,076 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 232,984 | 384,109 | 435,485 | 488,606 | 257,514 | 416,365 | |||
| Accounts payable | 232,984 | 224,328 | 266,502 | 307,399 | 257,514 | 219,118 | |||
| Accrued liabilities | 159,781 | 168,983 | 181,207 | 197,247 | |||||
| Deferred revenue | 23,804 | 24,632 | 30,173 | 32,983 | 34,674 | 34,447 | |||
| Other undisclosed current liabilities | 168,997 | 3,950 | 3,950 | 3,577 | 195,575 | 3,308 | |||
| Total current liabilities: | 425,785 | 412,691 | 469,608 | 525,166 | 487,763 | 454,120 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 18,731 | 15,803 | 16,104 | 15,653 | 16,215 | 15,931 | |||
| Other undisclosed long-term debt and lease obligation | 18,731 | 15,803 | 16,104 | 15,653 | 16,215 | 15,931 | |||
| Liabilities, other than long-term debt | 36,865 | 22,659 | 26,146 | 28,061 | 29,031 | 29,745 | |||
| Other liabilities | 36,865 | 22,659 | 26,146 | 28,061 | 29,031 | 29,745 | |||
| Other undisclosed noncurrent liabilities | 540,680 | 547,963 | 548,739 | 424,221 | 430,331 | 364,852 | |||
| Total noncurrent liabilities: | 596,276 | 586,425 | 590,989 | 467,935 | 475,577 | 410,528 | |||
| Other undisclosed liabilities | 282,033 | 438,294 | 456,588 | 481,742 | 640,717 | ||||
| Total liabilities: | 1,022,061 | 1,281,149 | 1,498,891 | 1,449,689 | 1,445,082 | 1,505,365 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 261,113 | 329,442 | 155,811 | 139,551 | 105,017 | (120,289) | |||
| Treasury stock, value | (75,568) | (75,584) | (72,655) | (56,706) | (52,586) | (40,106) | |||
| Additional paid in capital | 1,267,710 | 1,333,518 | 1,164,240 | 1,130,137 | 1,096,430 | 884,523 | |||
| Accumulated other comprehensive income (loss) | (880) | 770 | (1,216) | (383) | 747 | (166) | |||
| Accumulated deficit | (930,171) | (929,284) | (934,580) | (933,519) | (939,596) | (964,561) | |||
| Other undisclosed equity, attributable to parent | 22 | 22 | 22 | 22 | 22 | 21 | |||
| Total equity: | 261,113 | 329,442 | 155,811 | 139,551 | 105,017 | (120,289) | |||
| Other undisclosed liabilities and equity | 352,922 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 1,636,096 | 1,610,591 | 1,654,702 | 1,589,240 | 1,550,099 | 1,385,076 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 165,180 | 152,653 | 170,046 | 160,012 | 167,269 | 154,388 | ||
| Other undisclosed gross profit | (7,000) | (4,700) | ||||||
| Gross profit: | 158,180 | 152,653 | 170,046 | 160,012 | 162,569 | 154,388 | ||
| Operating expenses | 367,976 | (10,200) | (10,100) | (10,483) | (8,575) | (2,900) | ||
| Operating income: | 526,156 | 142,453 | 159,946 | 149,529 | 153,994 | 151,488 | ||
| Nonoperating income (expense) (gain, Foreign Currency Transaction, before Tax) | 266 | |||||||
| Interest and debt expense | ||||||||
| Income from continuing operations before equity method investments, income taxes: | 526,422 | 142,453 | 159,946 | 149,529 | 153,994 | 151,488 | ||
| Other undisclosed loss from continuing operations before income taxes | (573,934) | (504,568) | ||||||
| Income (loss) from continuing operations before income taxes: | (47,512) | 142,453 | 159,946 | 149,529 | (350,574) | 151,488 | ||
| Other undisclosed income (loss) from continuing operations | (8,417) | 42,199 | ||||||
| Income (loss) from continuing operations: | (55,929) | 142,453 | 159,946 | 149,529 | (308,375) | 151,488 | ||
| Other undisclosed net income (loss) | 47,167 | (131,823) | (160,383) | (136,659) | 359,842 | (133,816) | ||
| Net income (loss): | (8,762) | 10,630 | (437) | 12,870 | 51,467 | 17,672 | ||
| Net income (loss) attributable to noncontrolling interest | (1,020) | (5,296) | 1,061 | (39,491) | ||||
| Other undisclosed net income (loss) attributable to parent | 8,550 | (6,793) | 30,815 | (10,995) | ||||
| Net income (loss) available to common stockholders, diluted: | (1,232) | 5,334 | 624 | 6,077 | 42,791 | 6,677 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (8,762) | 10,630 | (437) | 12,870 | 51,467 | 17,672 | ||
| Net income (loss) attributable to redeemable noncontrolling interest | 3,528 | (3,900) | 160 | ✕ | ✕ | |||
| Other comprehensive income (loss) | (1,650) | (1,130) | (166) | |||||
| Other undisclosed comprehensive income | 747 | |||||||
| Comprehensive income (loss): | (10,412) | 10,630 | (437) | 11,740 | 52,214 | 17,506 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (5,296) | 1,061 | ||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (9,425) | (74,536) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (19,837) | 5,334 | 624 | 11,740 | (22,322) | 17,506 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.