The earnings call highlighted strategic partnerships, technological investments, and international expansion. However, significant challenges include a decline in marketplace GOV and revenues, suspension of financial guidance, negative cash generation, and competitive pressures in marketing channels. These factors contribute to a cautious outlook despite some positive strategic developments.
Company Guidance
During the Vivid Seats First Quarter 2025 Earnings Conference Call, management provided detailed guidance and insights into their performance and strategic priorities. The company reported a marketplace Gross Order Value (GOV) of $820 million, revenues of $164 million, and an adjusted EBITDA of $22 million, noting that these figures represented a challenging year-over-year comparison with a 20% decline in GOV and a 14% drop in revenues. Adjusted EBITDA also decreased from $39 million in the prior year. Management emphasized their focus on strategic investments in marketing and technology to drive long-term growth, highlighting enhancements to their app aimed at improving customer experience and engagement. They also mentioned ongoing investments in their Game Center, which positively influenced repeat rates and GOV for new customers. On the international front, Vivid Seats is expanding their Total Addressable Market (TAM) through internationalization efforts following their European launch. However, they suspended guidance for the remainder of 2025 due to economic uncertainties, competitive pressures, and variability in the performance marketing landscape, noting a particularly broad range of potential outcomes. The call also addressed changes in performance marketing dynamics and highlighted a new partnership with United Airlines as a strategic advantage expected to contribute in the second half of 2025.
Increased Repeat Customer Engagement
Repeat rate for new customers who interacted with Game Center was 55% higher, and GOV was 35% higher for these customers.
Key Strategic Partnerships
Partnership with United Airlines to allow customers to earn miles for purchasing tickets through Vivid Seats, expected to contribute in the second half of 2025.
Product and Technology Investments
Focus on releasing fan-focused experiential enhancements in the app to optimize discoverability and improve navigation and personalization.
International Expansion Efforts
Continued development of the internationalization of the platform following the European launch in the fourth quarter.
Vivid Seats (SEAT) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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 06, 2025
$2.79
$1.74
-37.63%
Mar 12, 2025
$3.77
$2.90
-23.08%
Nov 07, 2024
$4.11
$3.74
-9.00%
Aug 06, 2024
$4.20
$4.29
+2.14%
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 12, 2025, TBA Not Confirmed.
What is Vivid Seats (SEAT) earnings time?
Vivid Seats (SEAT) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.