Vivid Seats (SEAT)
NASDAQ:SEAT
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Earnings Data
Report Date
Aug 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-1.02Last Year’s EPS
-25.54Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call skewed positive overall: management delivered Q1 results at or above guidance with sequential GOV growth (+5.5%), a large sequential adjusted EBITDA improvement (+$8.5M), a >$40M increase in cash, strong app momentum (app GOV +20% YoY and >40% share) and a new private label win. Key challenges include flat consolidated revenue, a decline in take rate (15.9% vs 16.8%), lingering private label year-over-year pressure from a prior large customer loss, event cancellations and competitive pricing dynamics. Management reaffirmed FY2026 guidance and emphasized operating efficiency and return‑to‑growth expectations in H2, so positive operational progress and financial discipline outweigh the near-term headwinds.Company Guidance
Sequential GOV Growth
Marketplace GOV of $612M in Q1 2026 vs $581M in Q4 2025, a sequential increase of $31M or 5.5%, notable because Q4 is typically the highest GOV quarter.
Adjusted EBITDA Improvement
Q1 2026 adjusted EBITDA of $9.5M vs $1.0M in Q4 2025, an increase of $8.5M sequentially, reflecting material reduction in operating costs and improved profitability.
Cash Balance Strength
Cash increased by over $40M in the quarter to $144M, driven by improved profitability and seasonally strong working capital dynamics.
App Momentum and Adoption
Vivid Seats app GOV was up 20% year-over-year in Q1 2026 and app share of GOV exceeded 40%; app users show higher engagement, higher conversion and lower reliance on paid performance marketing.
Private Label Sequential Growth and New Partner
Private label revenue grew 20% quarter-to-quarter in Q1 2026; company launched a significant new private label partner in Q1 with performance exceeding expectations and extended an agreement with a large existing partner.
Reaffirmed FY2026 Guidance
Management reiterated fiscal 2026 outlook: marketplace GOV of $2.2B to $2.6B and adjusted EBITDA of $30M to $40M, signaling confidence in the operating plan.
Operating Efficiency and Lower Costs
Management executed material operating cost reductions without loss of productivity, enabling operating leverage and expectation that growth will flow disproportionately to the bottom line.
Event Tailwind: World Cup
World Cup ticketing is tracking well and is expected to contribute low-to-mid single digits of full-year GOV, benefiting from high average order size (AOS).
SEAT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SEAT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $6.43 | $7.16 | +11.35% |
Mar 12, 2026 | $6.10 | $5.65 | -7.38% |
Nov 06, 2025 | $11.91 | $10.56 | -11.34% |
Aug 05, 2025 | $26.30 | $20.40 | -22.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Vivid Seats (SEAT) report earnings?
Vivid Seats (SEAT) is schdueled to report earning on Aug 11, 2026, Before Open (Confirmed).
What is Vivid Seats (SEAT) earnings time?
Vivid Seats (SEAT) earnings time is at Aug 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SEAT EPS forecast?
SEAT EPS forecast for the fiscal quarter 2026 (Q2) is -1.02.
