Strong Second Quarter Financial Performance
Net revenue for Q2 2025 came in at $72.8 million, reaching the high end of the outlook. Eventbrite ads accelerated from Q1 and adjusted EBITDA margin was 8.8%, significantly above expectations.
Eventbrite Ads Growth
Eventbrite Ads showed impressive growth with a 50% increase year-over-year, becoming a significant driver of high-margin revenue.
Operational Efficiency
Operating expenses decreased by 16% year-over-year, marking the sixth consecutive quarter of operating expense reductions.
Improved Financial Position
The company secured a new $60 million term loan to strengthen liquidity and repurchased $125 million of its convertible notes below par.
Advancements in Product Offerings
Launched LINE UP, a tool for music organizers, and expanded Eventbrite ads to new regions, improving creator tools and consumer discovery.