Vivid Seats Inc.
SEAT Nasdaq· Services-Miscellaneous Amusement & Recreation
Last close · Oct 26, 2026
$2.34
KIRA · Stoqly’s AI analyst, in plain words
- Vivid Seats Inc. had $451M of revenue in fiscal 2025, down 30.5% on the year before. Over five years, revenue changed +80.9% a year on average.
- Vivid Seats Inc. made $806M of net profit in fiscal 2025.
- Free cash flow was −$93.8M in fiscal 2025, −20.8% of revenue.
- Vivid Seats Inc. returned $18.3M to shareholders in fiscal 2025.
- Vivid Seats Inc. owes $281M more than it holds in cash.
Market cap
—
P/E
—
Revenue
$451M
Net income
$806M
Free cash flow
−$93.8M
Operating margin
—
Vivid Seats Inc. in 30 seconds · fiscal 2025
Are sales growing?
−30.5%
No. Sales fell 30.5% last year.
Does it make a profit?
178.9%
Yes. It keeps 178.9% of every sale as profit.
Does profit turn into cash?
−20.8%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 7
Weak. It passes 3 of 7 health tests.
What Vivid Seats Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 12, 2026
- Legal name
- Vivid Seats Inc.
- CIK
- 0001856031
Vivid Seats Inc. · SEAT
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $390M | $511M | $597M | $648M | $451M |
| Revenue growth | 1,573.8% | 31.2% | 16.9% | 8.5% | −30.5% |
| Net income | −$5.0M | $70.8M | $69.4M | $13.4M | $806M |
| Net margin | −1.3% | 13.9% | 11.6% | 2.1% | 178.9% |
| Diluted EPS | — | — | $5.15 | $1.12 | — |
| Cash | |||||
| Cash from operations | $176M | $14.4M | $147M | $53.9M | −$91.6M |
| Capital expenditure | $1.1M | $3.6M | $0.9M | $4.2M | $2.2M |
| Free cash flow | $175M | $10.8M | $146M | $49.7M | −$93.8M |
| FCF margin | 44.8% | 2.1% | 24.5% | 7.7% | −20.8% |
| Share buybacks | $0.0M | $32.5M | $20.1M | $23.0M | $18.3M |
| Share count change | — | — | — | 5.2% | — |
| Debt and strength | |||||
| Cash and short-term investments | $490M | $252M | $125M | $243M | $103M |
| Debt incl. finance leases | $460M | $265M | $265M | $385M | $383M |
| Shareholders' equity | −$861M | −$383M | $105M | $261M | −$85.1M |
| Current ratio | 1.2x | 0.9x | 0.5x | 0.8x | 0.6x |
| Returns and quality | |||||
| Return on equity | — | — | — | 7.3% | 916.1% |
| Piotroski F-score | — | 5 | 4 | 5 | 3 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
2 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Vivid Seats Inc. · SEAT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.34 a share, the company is worth —.
Source: SEC EDGAR XBRL filings (CIK 0001856031). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.