Vivid Seats Inc. · NASDAQ:SEAT
Vivid Seats — Q2 2026 Earnings Presentation
11 slides from Vivid Seats's earnings presentation, 2026
Slide 1: Q2 2026 Financial Results
Q2 2026 Financial Results Investor & Analyst Presentation Nasdaq: SEAT
Slide 2: Important Disclaimers
Important Disclaimers Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “can,” “continue,” “could,” “design,” “esti
Slide 3: Q2 2026 Financial Overview & Business Updates
Q2 2026 Financial Overview & Business Updates Revenue Adjusted EBITDA 2 Marketplace GOV1 Revenues Adjusted EBITDA2 $659M $130M $12.6M • Executing long-term strategy of delivering a leading value proposition supported by production innovation and operational excellence • Q2 2026 Marketplace GOV, reve
Slide 4: Marketplace GOV & Revenues
Marketplace GOV & Revenues (in thousands) Marketplace GOV1 Revenues $143,566 $685,488 $659,359 $136,373 $618,139 $612,366 $129,861 $126,814 $125,783 $580,587 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 (1) Represents the total transactional amount of Marketplace o
Slide 5: Net Income (Loss) & Adjusted EBITDA
Net Income (Loss) & Adjusted EBITDA (in thousands) Net Income (Loss)1 Adjusted EBITDA2 $14,356 $12,592 $9,486 ($14,631) ($14,321) ($19,713) $4,905 ($263,327) $840 ($428,662) Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 (1)(1) Represents Representsconsolidated net i
Slide 6: Full Year 2026 Outlook
Full Year 2026 Outlook Metric Outlook Commentary Anticipate return to Marketplace GOV $2.3B to $2.6B year-over-year growth during 2H 2026 Increasing low end of Adjusted EBITDA1 $34M to $40M range based on 1H 2026 outperformance (1) Adjusted EBITDA is a non-U.S. GAAP financial measure as discussed un
Slide 7: Appendix
Appendix vividseats
Slide 8: Supplementary Financial Data
Supplementary Financial Data Historical Average Order Size1 ($) 374 380 363 358 357 357 361 331 322 329 315 294 294 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 (1) Represents Marketplace GOV divided by Marketplace Orders (the total volume o
Slide 9: Supplementary Financial Data
Supplementary Financial Data (in thousands, except share and per share data) Marketplace Revenues by Event Category Earnings Per Share Three Months Ended June 30, Three Months Ended June 30, % Change 2026 2025 2026 2025 Concerts $42,424 $50,586 -16% Numerator—basic: Sports 41,721 35,818 +16% Net los
Slide 10: Non-U.S. GAAP Reconciliations
Non-U.S. GAAP Reconciliations (in thousands, except percentages) 2025 2026 2025 2026 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Net income (loss) / Net income (loss) margin -$9,788 -$263,327 -$19,713 -$428,662 -$14,631 -$14,321 -6.0% -183.4% -14.5
Slide 11: Proprietary and Confidential Information
Proprietary and Confidential Information. For Internal Use Only. Do not reproduce, reprint, distribute, or disclose without the express written consent of Vivid Seats LLC.