Vivid Seats reports Q3 revenue of $136.4 million and net loss of $19.7 million

Reuters

11/06

<a href="https://laohu8.com/S/SEATW">Vivid Seats</a> reports Q3 revenue of $136.4 million and net loss of $19.7 million

Vivid Seats Inc. reported third quarter 2025 marketplace GOV of $618.1 million, a decrease of 29% from $871.7 million in the third quarter of 2024. Revenues for the quarter were $136.4 million, down 27% from $186.6 million in the same period last year. The company recorded a net loss of $19.7 million, compared to net income of $9.2 million in the prior year's third quarter. During the period, Vivid Seats announced a CEO transition, with Lawrence Fey appointed as Chief Executive Officer, and outlined a 2026 outlook focused on cost reduction and platform efficiency. The Vivid Seats app delivered year-over-year GOV growth, while Private Label performance negatively impacted overall results. The company is targeting annualized cost savings of $60 million and has simplified its corporate structure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vivid Seats Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9569931-en) on November 06, 2025, and is solely responsible for the information contained therein.

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Revenues for the quarter were $136.4 million, down 27% from $186.6 million in the same period last year. The company recorded a net loss of $19.7 million, compared to net income of $9.2 million in the prior year's third quarter. During the period, Vivid Seats announced a CEO transition, with Lawrence Fey appointed as Chief Executive Officer, and outlined a 2026 outlook focused on cost reduction and platform efficiency. The Vivid Seats app delivered year-over-year GOV growth, while Private Label performance negatively impacted overall results. The company is targeting annualized cost savings of $60 million and has simplified its corporate structure.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vivid Seats Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9569931-en) on November 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NDAQ","symbol_name":"納斯達克OMX交易所","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251106:nNDL3kc8Zf:1","article_id":"2581480069","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581480069","pubTimestamp":1762428618,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Vivid Seats Inc. reported third quarter 2025 marketplace GOV of $618.1 million, a decrease of 29% from $871.7 million in the third quarter of 2024. 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Revenues for the quarter were $136.4 million, down 27% from $186.6 million in the same period last year. The company recorded a net loss of $19.7 million, compared to net income of $9.2 million in the prior year's third quarter. During the period, Vivid Seats announced a CEO transition, with Lawrence Fey appointed as Chief Executive Officer, and outlined a 2026 outlook focused on cost reduction and platform efficiency. The Vivid Seats app delivered year-over-year GOV growth, while Private Label performance negatively impacted overall results. The company is targeting annualized cost savings of $60 million and has simplified its corporate structure.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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