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