Vivid Seats (SEAT) Financials: Revenue & Earnings
SEAT$2.35+0.17 +8.03%
$26.47M
Market Cap
-0.06
P/E
—
Forward P/E
—
Score
Vivid Seats (SEAT) Financials: Revenue & Earnings
SEAT price $2.35 +0.17 +8.03%
- Ticker
- SEAT
- Price
- $2.35
- Change
- +0.17 +8.03%
- Market cap ?
- $26.47M
- P/E ?
- -0.06
- Dividend yield ?
- 0.00%
- Beta ?
- 1.19
- Sector
- Communication Services
- Industry
- Internet Content & Information
Financials
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 468925000 | 35077000 | 443038000 | 600274000 | 712879000 | 775586000 | 570776000 |
Vivid Seats Inc. operates an online platform for the secondary market of tickets, serving customers throughout the United States and Canada. The company's business model is divided into two main divisions: Marketplace and Resale. The Marketplace segment functions as an intermediary, linking individuals who wish to purchase event tickets with those selling them. It processes ticket transactions via its dedicated…
Fair value
SEAT fair value $48.44. Price $2.35. Price is 95% below fair value.
Below fair value, and cheaper than usual. A larger discount than on more than 99% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 107.72M. Growth 0.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 10.86% (beta 1.2). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 11.24M. Net debt 301.11M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | -1.11 | — | 127.31M |
| 2026-08-04 | -1.30 | -1.02 | 129.86M | 122.11M |
| 2026-05-05 | -1.35 | -1.05 | 125.78M | 124.55M |
| 2026-03-12 | -31.83 | -1.66 | 126.81M | 137.14M |
| 2025-11-06 | -1.91 | -1.68 | 136.37M | 131.41M |
| 2025-08-05 | -21.40 | -0.69 | 143.57M | 152.05M |
| 2025-05-06 | -1.00 | -0.29 | 164.02M | 165.92M |
| 2025-03-12 | -0.03 | 0.06 | 199.81M | 194.15M |
| 2024-11-07 | 0.80 | 0.60 | 186.60M | 184.19M |
| 2024-08-06 | -0.20 | 0.07 | 198.32M | 194.63M |
| 2024-05-07 | 0.80 | 1.00 | 190.85M | 182.35M |
| 2024-03-05 | 0.09 | 0.05 | 198.30M | 185.00M |
| 2023-11-07 | 1.40 | 0.80 | 188.13M | 153.88M |
| 2023-08-08 | 4.00 | 0.07 | 165.38M | 148.20M |
| 2023-05-09 | 3.00 | 0.09 | 161.06M | 139.86M |
| 2023-03-07 | 0.14 | 0.10 | 164.99M | 154.49M |
| 2022-11-08 | 0.09 | 0.11 | 156.82M | 129.69M |
| 2022-08-09 | 0.13 | 1.20 | 147.69M | 125.49M |
| 2022-05-10 | 0.04 | 0.02 | 130.77M | 113.78M |
| 2022-03-10 | 0.44 | 0.02 | 163.89M | 150.11M |
| 2021-11-15 | -8.81 | -0.00 | 139.54M | 98.10M |
| 2021-08-06 | 0.69 | -0.50 | 115.50M | 90.75M |
| 2021-05-24 | -5.20 | — | 24.11M | — |
| 2021-03-31 | -8.60 | — | 1.40M | — |
| 2020-09-30 | -0.52 | — | -7.08M | — |
| 2020-06-30 | -8.60 | — | -28.90M | — |
| 2020-03-31 | -0.50 | — | 69.66M | — |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency Special.
Safety score 43/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividend history is short. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2021-10-28 | $4.60 | 2021-10-29 | 2021-11-02 | Special |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-19 | Masino Julie D. | Buy | 245 | — | — |
| 2026-10-19 | Masino Julie D. | Sell | 245 | — | — |
| 2026-10-19 | Boehly Todd L | Buy | 245 | — | — |
| 2026-10-19 | Boehly Todd L | Sell | 245 | — | — |
| 2026-10-19 | ANDERSON MARK M. | Buy | 245 | — | — |
| 2026-10-19 | ANDERSON MARK M. | Sell | 245 | — | — |
| 2026-10-19 | Dixon Craig A. | Buy | 245 | — | — |
| 2026-10-19 | Dixon Craig A. | Sell | 245 | — | — |
| 2026-10-19 | DeFlorio Jane E. | Buy | 245 | — | — |
| 2026-10-19 | DeFlorio Jane E. | Sell | 245 | — | — |
| 2026-10-19 | Donnini David | Buy | 245 | — | — |
| 2026-10-19 | Donnini David | Sell | 245 | — | — |
| 2026-09-14 | Arnett Austin | Sell | 64 | $4.86 | 311 |
| 2026-09-11 | Thomas Joseph D. Jr. | Sell | 19.11K | — | — |
| 2026-09-11 | Thomas Joseph D. Jr. | Buy | 19.11K | — | — |
| 2026-09-11 | Thomas Joseph D. Jr. | Sell | 6.95K | $4.95 | 34.39K |
| 2026-09-11 | Pickus Edward | Sell | 8.60K | — | — |
| 2026-09-11 | Pickus Edward | Buy | 10.89K | — | — |
| 2026-09-11 | Pickus Edward | Sell | 4.17K | $4.95 | 20.64K |
| 2026-09-11 | Pickus Edward | Sell | 1.48K | — | — |
| 2026-09-11 | Pickus Edward | Sell | 808 | — | — |
| 2026-09-11 | Langenbacher Stefano | Sell | 38.23K | — | — |
| 2026-09-11 | Langenbacher Stefano | Buy | 44.49K | — | — |
| 2026-09-11 | Langenbacher Stefano | Sell | 19.26K | $4.95 | 95.35K |
| 2026-09-11 | Langenbacher Stefano | Sell | 4.45K | — | — |
| 2026-09-11 | Langenbacher Stefano | Sell | 1.82K | — | — |
| 2026-09-11 | Fey Lawrence | Sell | 76.45K | — | — |
| 2026-09-11 | Fey Lawrence | Buy | 87.90K | — | — |
| 2026-09-11 | Fey Lawrence | Sell | 7.41K | — | — |
| 2026-09-11 | Fey Lawrence | Sell | 4.04K | — | — |
| 2026-09-11 | Arnett Austin | Sell | 3.35K | — | — |
| 2026-09-11 | Arnett Austin | Buy | 3.54K | — | — |
| 2026-09-11 | Arnett Austin | Sell | 1.25K | $4.95 | 6.17K |
| 2026-09-11 | Arnett Austin | Sell | 130 | — | — |
| 2026-09-11 | Arnett Austin | Sell | 68 | — | — |
| 2026-08-13 | Arnett Austin | Sell | 11 | $7.22 | 79 |
| 2026-08-12 | Arnett Austin | Buy | 31 | — | — |
| 2026-08-12 | Arnett Austin | Sell | 31 | — | — |
| 2026-08-12 | Langenbacher Stefano | Buy | 592 | — | — |
| 2026-08-12 | Langenbacher Stefano | Sell | 221 | $7.26 | 1.60K |
| 2026-08-12 | Langenbacher Stefano | Sell | 592 | — | — |
| 2026-08-12 | Fey Lawrence | Buy | 1.85K | — | — |
| 2026-08-12 | Fey Lawrence | Sell | 1.85K | — | — |
| 2026-06-12 | Arnett Austin | Sell | 62 | $8.36 | 518 |
| 2026-06-11 | Langenbacher Stefano | Sell | 38.23K | — | — |
| 2026-06-11 | Langenbacher Stefano | Buy | 44.49K | — | — |
| 2026-06-11 | Langenbacher Stefano | Sell | 19.71K | $8.53 | 168.11K |
| 2026-06-11 | Langenbacher Stefano | Sell | 4.45K | — | — |
| 2026-06-11 | Arnett Austin | Sell | 3.35K | — | — |
| 2026-06-11 | Arnett Austin | Buy | 3.54K | — | — |
| 2026-06-11 | Langenbacher Stefano | Sell | 1.82K | — | — |
| 2026-06-11 | Arnett Austin | Sell | 1.31K | $8.53 | 11.21K |
| 2026-06-11 | Arnett Austin | Sell | 129 | — | — |
| 2026-06-11 | Arnett Austin | Sell | 68 | — | — |
| 2026-06-11 | Fey Lawrence | Sell | 76.45K | — | — |
| 2026-06-11 | Fey Lawrence | Buy | 87.91K | — | — |
| 2026-06-11 | Thomas Joseph D. Jr. | Sell | 19.11K | — | — |
| 2026-06-11 | Fey Lawrence | Sell | 7.41K | — | — |
| 2026-06-11 | Thomas Joseph D. Jr. | Buy | 19.11K | — | — |
| 2026-06-11 | Thomas Joseph D. Jr. | Sell | 4.65K | $8.53 | 39.70K |
| 2026-06-11 | Fey Lawrence | Sell | 4.04K | — | — |
| 2026-06-11 | Pickus Edward | Sell | 8.60K | — | — |
| 2026-06-11 | Pickus Edward | Buy | 10.89K | — | — |
| 2026-06-11 | Pickus Edward | Sell | 4.50K | $8.53 | 38.36K |
| 2026-06-11 | Pickus Edward | Sell | 1.48K | — | — |
| 2026-06-11 | Pickus Edward | Sell | 808 | — | — |
| 2026-06-09 | DeFlorio Jane E. | Buy | 19.49K | — | — |
| 2026-06-09 | Boehly Todd L | Buy | 19.49K | — | — |
| 2026-06-09 | ANDERSON MARK M. | Buy | 19.49K | — | — |
| 2026-06-09 | Dixon Craig A. | Buy | 19.49K | — | — |
| 2026-06-09 | Stewart Adam | Buy | 19.49K | — | — |
| 2026-06-09 | Masino Julie D. | Buy | 19.49K | — | — |
| 2026-06-09 | Donnini David | Buy | 19.49K | — | — |
| 2026-06-03 | Boehly Todd L | Buy | 6.58K | — | — |
| 2026-06-03 | Boehly Todd L | Sell | 6.58K | — | — |
| 2026-06-03 | DeFlorio Jane E. | Buy | 6.58K | — | — |
| 2026-06-03 | DeFlorio Jane E. | Sell | 6.58K | — | — |
| 2026-06-03 | Masino Julie D. | Buy | 6.58K | — | — |
| 2026-06-03 | Masino Julie D. | Sell | 6.58K | — | — |
| 2026-06-03 | Stewart Adam | Buy | 6.58K | — | — |
| 2026-06-03 | Stewart Adam | Sell | 6.58K | — | — |
| 2026-06-03 | Donnini David | Buy | 6.58K | — | — |
| 2026-06-03 | Donnini David | Sell | 6.58K | — | — |
| 2026-06-03 | Dixon Craig A. | Buy | 6.58K | — | — |
| 2026-06-03 | Dixon Craig A. | Sell | 6.58K | — | — |
| 2026-06-03 | ANDERSON MARK M. | Buy | 6.58K | — | — |
| 2026-06-03 | ANDERSON MARK M. | Sell | 6.58K | — | — |
| 2026-05-13 | Arnett Austin | Sell | 10 | $8.53 | 85 |
| 2026-05-12 | Langenbacher Stefano | Buy | 592 | — | — |
| 2026-05-12 | Langenbacher Stefano | Sell | 256 | $8.68 | 2.22K |
| 2026-05-12 | Langenbacher Stefano | Sell | 592 | — | — |
| 2026-05-12 | Arnett Austin | Buy | 30 | — | — |
| 2026-05-12 | Arnett Austin | Sell | 30 | — | — |
| 2026-05-12 | Fey Lawrence | Buy | 1.85K | — | — |
| 2026-05-12 | Fey Lawrence | Sell | 1.85K | — | — |
| 2026-03-13 | Thomas Joseph D. Jr. | Buy | 152.91K | — | — |
| 2026-03-13 | Thomas Joseph D. Jr. | Sell | 19.11K | — | — |
| 2026-03-13 | Thomas Joseph D. Jr. | Buy | 19.11K | — | — |
| 2026-03-13 | Thomas Joseph D. Jr. | Sell | 7.96K | $5.90 | 46.96K |
| 2026-03-12 | Arnett Austin | Sell | 247 | $5.08 | 1.25K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 76, holders -2 vs prior quarter. Ownership 81.66%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| GTCR LLC | 3.77M | 0 | 0.00% | 24.57M |
| SECURITY BENEFIT LIFE INSURANCE CO /KS/ | 2.19M | 0 | 0.00% | 14.29M |
| BLACKBARN CAPITAL PARTNERS LP | 500.00K | 0 | 0.00% | 3.26M |
| SUN LIFE FINANCIAL INC | 415.53K | 0 | 0.00% | 2.71M |
| EMETH VALUE CAPITAL, LLC | 244.19K | -502.35K | -67.29% | 1.59M |
| VANGUARD CAPITAL MANAGEMENT LLC | 233.24K | 2.92K | +1.27% | 1.52M |
| MARSHALL WACE, LLP | 201.30K | 201.30K | New | 1.31M |
| QUANTINNO CAPITAL MANAGEMENT LP | 191.19K | 62.79K | +48.90% | 1.25M |
| AQR CAPITAL MANAGEMENT LLC | 188.51K | 149.36K | +381.49% | 1.23M |
| BLACKROCK, INC. | 99.94K | -208.49K | -67.60% | 651.61K |
| BANK OF AMERICA CORP /DE/ | 90.29K | -4.20K | -4.44% | 588.70K |
| GEODE CAPITAL MANAGEMENT, LLC | 86.90K | -79.30K | -47.71% | 566.77K |
| GSA CAPITAL PARTNERS LLP | 83.30K | 41.38K | +98.70% | 543.00K |
| VERADACE CAPITAL MANAGEMENT LLC | 70.34K | 0 | 0.00% | 458.62K |
| SILVER ROCK FINANCIAL LP | 56.94K | 0 | 0.00% | 371.27K |
| GOLDMAN SACHS GROUP INC | 53.64K | -11.89K | -18.15% | 349.73K |
| MARINER, LLC | 49.66K | 4.50K | +9.96% | 323.75K |
| JANE STREET GROUP, LLC | 46.95K | -6.36K | -11.92% | 306.10K |
| VANGUARD FIDUCIARY TRUST CO | 41.88K | -3.81K | -8.35% | 273.04K |
| UBS GROUP AG | 36.22K | -9.56K | -20.88% | 236.18K |
| MORGAN STANLEY | 32.84K | -2.25K | -6.43% | 214.10K |
| MERCER GLOBAL ADVISORS INC /ADV | 29.29K | 11.14K | +61.38% | 190.96K |
| CORIENT PRIVATE WEALTH LP | 27.74K | -984 | -3.43% | 180.86K |
| STATE STREET CORP | 26.84K | -58.32K | -68.49% | 174.98K |
| CONVERIUM CAPITAL INC. | 24.25K | 24.25K | New | 158.08K |
Earnings and financials
Vivid Seats Inc. (SEAT) trades at $2.35, with a market cap of $26.47M and a trailing P/E of -0.06. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 468925000 | 35077000 | 443038000 | 600274000 | 712879000 | 775586000 | 570776000 |
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