Vivid Seats Inc.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
View on SEC.govAbout this filing
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.
Sep 30, 2026 · Filed Nov 9, 2026
SEAT$1.49-1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Equity (Deficit)
| Class A common stock · Class B common stock · Treasury stock | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Redeemable noncontrolling interests | Shares | Amount | Shares | Amount | Additional paid-in capital | Shares | Amount | Accumulated deficit | Accumulated other comprehensive income (loss) | Total shareholders' equity | |
| Balances at January 1, 2025 | $352,922 | 7,190,975 | $14 | 3,811,250 | $8 | $1,267,710 | (571,687) | $(75,568) | $(930,171) | $(880) | $261,113 |
| Net loss | (3,846) | — | — | — | — | — | — | — | (5,942) | — | (5,942) |
| Issuances of Class A common stock | — | 136,496 | — | — | — | — | — | — | — | — | — |
| Equity-based compensation | — | — | — | — | — | 10,935 | — | — | — | — | 10,935 |
| Repurchases of Class A common stock | — | — | — | — | — | — | (118,926) | (6,917) | — | — | (6,917) |
| Tax distributions to redeemable noncontrolling interests | (1,689) | — | — | — | — | — | — | — | — | — | — |
| Other comprehensive income | 429 | — | — | — | — | — | — | — | — | 747 | 747 |
| Net settlement of equity incentive awards | — | (15,922) | — | — | — | (1,411) | — | — | — | — | (1,411) |
| Subsequent remeasurement of redeemable noncontrolling interests | (122,189) | — | — | — | — | 122,189 | — | — | — | — | 122,189 |
| Balances at March 31, 2025 | 225,627 | 7,311,549 | 14 | 3,811,250 | 8 | 1,399,423 | (690,613) | (82,485) | (936,113) | (133) | 380,714 |
| Net loss | (123,652) | — | — | — | — | — | — | — | (139,675) | — | (139,675) |
| Issuances of Class A common stock | — | 100,410 | — | — | — | — | — | — | — | — | — |
| Equity-based compensation | — | — | — | — | — | 11,838 | — | — | — | — | 11,838 |
| Repurchases of Class A common stock | — | — | — | — | — | — | (195,166) | (9,220) | — | — | (9,220) |
| Other comprehensive income | 316 | — | — | — | — | — | — | — | — | 542 | 542 |
| Net settlement of equity incentive awards | — | (8,916) | — | — | — | (331) | — | — | — | — | (331) |
| Subsequent remeasurement of redeemable noncontrolling interests | 26,531 | — | — | — | — | (26,531) | — | — | — | — | (26,531) |
| Balances at June 30, 2025 | 128,822 | 7,403,043 | 14 | 3,811,250 | 8 | 1,384,399 | (885,779) | (91,705) | (1,075,788) | 409 | 217,337 |
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (DEFICIT)
(in thousands, except share data) (Unaudited)
| Net loss | (11,187) | — | — | — | — | — | — | — | (8,526) | — | (8,526) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Issuances of Class A common stock | — | 59,971 | — | — | — | — | — | — | — | — | — |
| Equity-based compensation | — | — | — | — | — | 11,628 | — | — | — | — | 11,628 |
| Repurchases of Class A common stock | — | — | — | — | — | — | (63,886) | (2,187) | — | — | (2,187) |
| Other comprehensive loss | (103) | — | — | — | — | — | — | — | — | (174) | (174) |
| Net settlement of equity incentive awards | — | (6,078) | — | — | — | (106) | — | — | — | — | (106) |
| Repurchase and retirement of fractional shares resulting from Reverse Stock Split | — | (189) | — | — | — | (5) | — | — | — | — | (5) |
| Subsequent remeasurement of redeemable noncontrolling interests | (54,188) | — | — | — | — | 54,188 | — | — | — | — | 54,188 |
| Balances at September 30, 2025 | $63,344 | 7,456,747 | $14 | 3,811,250 | $8 | $1,450,104 | (949,665) | $(93,892) | $(1,084,314) | $235 | $272,155 |
| Class A common stock · Treasury stock | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Additional paid-in capital | Shares | Amount | Accumulated deficit | Accumulated other comprehensive income | Total shareholders' deficit | |
| Balances at January 1, 2026 | 11,712,157 | $23 | $1,368,067 | (949,665) | $(93,920) | $(1,359,472) | $173 | $(85,129) |
| Net loss | — | — | — | — | — | (14,631) | — | (14,631) |
| Issuances of Class A common stock | 280,626 | — | — | — | — | — | — | — |
| Equity-based compensation | — | — | 4,533 | — | — | — | — | 4,533 |
| Other comprehensive income | — | — | — | — | — | — | 173 | 173 |
| Net settlement of equity incentive awards | (55,707) | — | (338) | — | — | — | — | (338) |
| Balances at March 31, 2026 | 11,937,076 | 23 | 1,372,262 | (949,665) | (93,920) | (1,374,103) | 346 | (95,392) |
| Net loss | — | — | — | — | — | (14,321) | — | (14,321) |
| Issuances of Class A common stock | 294,525 | — | — | — | — | — | — | — |
| Equity-based compensation | — | — | 4,773 | — | — | — | — | 4,773 |
| Other comprehensive income | — | — | — | — | — | — | 209 | 209 |
| Net settlement of equity incentive awards | (40,741) | — | (348) | — | — | — | — | (348) |
| Balances at June 30, 2026 | 12,190,860 | 23 | 1,376,687 | (949,665) | (93,920) | (1,388,424) | 555 | (105,079) |
| Net loss | — | — | — | — | — | (17,384) | — | (17,384) |
| Issuances of Class A common stock | 259,101 | — | — | — | — | — | — | — |
| Equity-based compensation | — | — | 4,708 | — | — | — | — | 4,708 |
| Other comprehensive loss | — | — | — | — | — | — | (460) | (460) |
| Net settlement of equity incentive awards | (43,290) | — | (219) | — | — | — | — | (219) |
| Balances at September 30, 2026 | $12,406,671 | $23 | $1,381,176 | (949,665) | $(93,920) | $(1,405,808) | $95 | $(118,434) |
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands) (Unaudited)
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.