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Vivid Seats (SEAT)

Earnings summaries and quarterly performance for Vivid Seats.

Recent press releases and 8-K filings for SEAT.

SEAT Announces Q3 2025 Results, Leadership Transition, and 2026 Outlook
SEAT
Earnings
CEO Change
Guidance Update
  • SEAT reported Q3 2025 financial results with Marketplace GOV of $618 million, Revenues of $136 million, and Adjusted EBITDA of $5 million. The company posted a net loss of $19,713 thousand and a diluted EPS of -$1.91 for the quarter.
  • A leadership transition was announced, with CFO Lawrence Fey appointed as the new CEO.
  • The company increased its annualized cost reduction program target to $60 million and completed a corporate simplification expected to yield $180 million in lifetime potential tax savings and $1 million in annual reporting cost savings.
  • SEAT provided an initial 2026 outlook, projecting Marketplace GOV between $2.2 billion and $2.6 billion and Adjusted EBITDA between $30 million and $40 million.
Nov 6, 2025, 1:30 PM
Vivid Seats Announces Leadership Change, Q3 2025 Results, and 2026 Outlook
SEAT
CEO Change
CFO Change
Guidance Update
  • Vivid Seats announced a leadership transition, with Lawrence Fey succeeding Stan Chia as CEO and Ted Pickus appointed interim CFO, effective today.
  • For Q3 2025, the company reported $618 million in marketplace GOV, a 29% year-over-year decrease, and $136 million in revenues, down 27% year-over-year, resulting in $5 million of adjusted EBITDA.
  • The company provided an initial 2026 outlook, projecting marketplace GOV between $2.2 billion and $2.6 billion and adjusted EBITDA between $30 million and $40 million, based on an assumption of flat year-over-year industry volumes.
  • Vivid Seats is doubling its fixed cost reduction target to $60 million and completed a corporate simplification early in Q4, which is expected to save $6 million in cash Tax Receivable Agreement payments in Q1 2026 and up to $180 million in lifetime tax savings.
Nov 6, 2025, 1:30 PM
Vivid Seats Reports Q3 2025 Results and Announces CEO Transition
SEAT
Earnings
CEO Change
Management Change
  • Vivid Seats reported Q3 2025 financial results with significant year-over-year declines, including Marketplace GOV of $618.1 million (down 29%), revenues of $136.4 million (down 27%), a net loss of $19.7 million, and Adjusted EBITDA of $4.9 million (down from $34.1 million in Q3 2024).
  • The company announced a leadership transition, appointing Lawrence Fey as Chief Executive Officer, effective immediately, succeeding Stan Chia. Ted Pickus was named Interim Chief Financial Officer.
  • Vivid Seats provided an initial 2026 outlook, projecting Marketplace GOV in the range of $2.2 billion to $2.6 billion and Adjusted EBITDA in the range of $30.0 million to $40.0 million.
  • A corporate simplification agreement was completed, eliminating the dual-class Up-C structure and terminating the Tax Receivable Agreement (TRA), which is expected to eliminate $6 million in cash payments in Q1 2026 and result in up to $180 million in lifetime tax savings.
Nov 6, 2025, 11:36 AM