Vivid Seats Inc.
For the period ended Mar 31, 2025. Filed May 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 6, 2025
SEAT$1.49-1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Statements of Operations
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues | $164,023 | $190,852 |
| Costs and expenses: | ||
| Cost of revenues (exclusive of depreciation and amortization shown separately below) | 44,525 | 49,583 |
| Marketing and selling | 64,112 | 67,745 |
| General and administrative | 48,082 | 42,366 |
| Depreciation and amortization | 11,625 | 10,483 |
| Total costs and expenses | 168,344 | 170,177 |
| Income (loss) from operations | (4,321) | 20,675 |
| Interest expense – net | 5,665 | 5,082 |
| Other expense (income) – net | (4,154) | 2,582 |
| Loss on extinguishment of debt | 801 | — |
| Income (loss) before income taxes | (6,633) | 13,011 |
| Income tax expense | 3,155 | 2,269 |
| Net income (loss) | (9,788) | 10,742 |
| Net income (loss) attributable to redeemable noncontrolling interests | (3,846) | 4,665 |
| Net income (loss) attributable to Class A common stockholders | $(5,942) | $6,077 |
| Net income (loss) per Class A common stock: | ||
| Basic | $(0.04) | $0.05 |
| Diluted | $(0.05) | $0.04 |
| Weighted average Class A common stock outstanding: | ||
| Basic | 132,900,227 | 134,068,276 |
| Diluted | 209,125,227 | 210,909,861 |
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
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