Vivid Seats Q4 revenue misses on weak demand

Reuters03-12

<a href="https://laohu8.com/S/SEAT">Vivid Seats</a> Q4 revenue misses on weak demand

Overview

U.S. ticket marketplace's Q4 revenue fell 37% yr/yr, missing analyst expectations
Adjusted EBITDA for Q4 missed analyst expectations, dropping sharply from prior year
Company posted large net loss due to non-cash impairment charges

Outlook

Vivid Seats sees Q1 2026 Marketplace GOV between $570 mln and $620 mln
Company expects Q1 2026 adjusted EBITDA of $8 mln to $10 mln
Vivid Seats forecasts 2026 Marketplace GOV of $2.2 bln to $2.6 bln

Result Drivers

IMPAIRMENT CHARGES - Co said Q4 results were significantly affected by non-cash impairment charges related to goodwill and intangible assets, triggered by declines in financial performance and outlook
WEAKER DEMAND - Q4 revenue and gross order value fell sharply yr/yr, with management citing recent declines in financial performance and near-term outlook
COST REDUCTION PROGRAM - Co highlighted ongoing cost reduction efforts as a positive, though these did not offset declines in business metrics

Company press release: ID:nGNX6XHPlt

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Revenue	Miss	$126.80 mln	$137.14 mln (9 Analysts)
Q4 Net Income		-$428.70 mln
Q4 Adjusted EBITDA	Miss	$800,000	$4.57 mln (8 Analysts)

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SEAT","symbol_name":"Vivid Seats Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260312:nL1N4000GH:1","article_id":"2618135889","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618135889","pubTimestamp":1773311995,"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 Q4 revenue misses on weak demandOverviewU.S. ticket marketplace's Q4 revenue fell 37% yr/yr, missing analyst expectationsAdjusted EBITDA for Q4 missed analyst expectations, dropping sharpl","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SEAT":"Vivid Seats Inc.","BK4122":"互联网与直销零售","BK4108":"电影和娱乐"},"translate_title":"Vivid Seats第四季度收入因需求疲软而未达预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SEAT":0.9},"content_text":"Vivid Seats Q4 revenue misses on weak demandOverviewU.S. ticket marketplace's Q4 revenue fell 37% yr/yr, missing analyst expectationsAdjusted EBITDA for Q4 missed analyst expectations, dropping sharply from prior yearCompany posted large net loss due to non-cash impairment chargesOutlookVivid Seats sees Q1 2026 Marketplace GOV between $570 mln and $620 mlnCompany expects Q1 2026 adjusted EBITDA of $8 mln to $10 mlnVivid Seats forecasts 2026 Marketplace GOV of $2.2 bln to $2.6 blnResult DriversIMPAIRMENT CHARGES - Co said Q4 results were significantly affected by non-cash impairment charges related to goodwill and intangible assets, triggered by declines in financial performance and outlookWEAKER DEMAND - Q4 revenue and gross order value fell sharply yr/yr, with management citing recent declines in financial performance and near-term outlookCOST REDUCTION PROGRAM - Co highlighted ongoing cost reduction efforts as a positive, though these did not offset declines in business metricsCompany press release: ID:nGNX6XHPltKey DetailsMetricBeat/MissActualConsensus EstimateQ4 RevenueMiss$126.80 mln$137.14 mln (9 Analysts)Q4 Net Income-$428.70 mlnQ4 Adjusted EBITDAMiss$800,000$4.57 mln (8 Analysts)For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.39.0","shortVersion":"4.39.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2618135889","isCrawlerRequest":true}