Live Nation's revenue growth accelerated to 9.4% YoY in 2026Q2, driven by sustained live event demand, yet profitability remains highly seasonal with gross margins swinging from 85.1% in 2025Q3 to 20.4% in 2025Q4.
Price trend, volume and key moving averages
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Revenue growth accelerated to 9.4% YoY in 2026Q2, but gross margin volatility persists, swinging from 85.1% in 2025Q3 to 20.4% in 2025Q4, with operating margin at 6.8% in 2026Q2.
Live Nation settled its antitrust lawsuit with the DOJ without financial penalties, removing a major regulatory overhang.
The company raised its 2026 outlook due to robust demand in concerts, ticketing, and sponsorships.
Live Nation reported 52% operating income growth in fiscal 2025, showcasing strong financial performance.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $1.69+11.9% vs $1.51 | $10.1B+5.2% vs $9.6B |
Q3 2026 Jul 30, 2026 | $1.05+58.9% vs $0.66 | $7.7B+1.5% vs $7.6B |
Q2 2026 May 5, 2026 | -$1.85-427.2% vs -$0.35 | $3.8B+6.2% vs $3.6B |
Q1 2026 Feb 19, 2026 | -$1.06-3.9% vs -$1.02 | $6.3B+3.4% vs $6.1B |
Live Nation Entertainment NYSE: LYV reported concert attendance of more than 60 million in the third quarter of 2026, up nearly 20%, as stadium shows and international markets helped drive growth, President and CFO Joe Berchtold said on the company's earnings call.
LYV beats Q3 earnings and revenue estimates as record concert attendance and Ticketmaster growth boost sales, even as operating margins narrow.
While the top- and bottom-line numbers for Live Nation (LYV) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Live Nation (LYV) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.5 per share. This compares to earnings of $0.73 per share a year ago.
Benchmark LYV against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Live Nation Entertainment, Inc. (LYV)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $175.25 | $40.78B | 297.39 | 8.83% | 0.54% | 9.66% | — | |
| $77.06 | $3.65B | 38.23 | 12.52% | 8.64% | 8.55% | — | |
| $59.51 | $4.55B | 15.49 | 12.07% | 38.83% | 12.78% | 6.39% | |
| $216.19 | $256.01B | 9.60 | 5.51% | 8.14% | 11.09% | 2.78% | |
| $47.67 | $2.61B | 20.62 | 16.47% | 27.7% | 28.28% | — | |
| $3.14 | $1.8B | -19.20 | 4.57% | -2.6% | — | — |
Live Nation Entertainment, Inc. (LYV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Live Nation Entertainment, Inc. (LYV) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 30, 2026·SEC
Jun 12, 2026·SEC
May 8, 2026·SEC
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Live Nation Entertainment, Inc. (LYV) stock FAQ — growth, dividends, profitability & financials explained
Live Nation Entertainment, Inc. (LYV) reported $27.88B in revenue over the trailing twelve months. Revenue was $25.20B in fiscal year 2025. That is 831% more than the $2.71B of fiscal year 2003.
Live Nation Entertainment, Inc. (LYV) grew revenue by 13.5% over the trailing twelve months, compared with the twelve months before.
Yes. Live Nation Entertainment, Inc. (LYV) earned $151.1M in net income over the trailing twelve months (a 0.5% net margin).
Live Nation Entertainment, Inc. (LYV) had a return on equity (ROE) of 9.7% over the trailing twelve months. That is below the market's typical 10-15%.
Live Nation Entertainment, Inc. (LYV) generated $885.2M in free cash flow over the trailing twelve months.
