TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

TTENK/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Options calculator
  • Leaderboards
  • Insider trades
  • 13F funds
  • Groups
  • Trending
  • News

More

  • Pricing
  • Feedback
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Pulling SEC filings + quote and writing the call…

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback
Home›SEAT›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

Vivid Seats Inc. (SEAT) financials

Income statement

Vivid Seats Inc. (SEAT) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$404M$23.3M$390M$511M$597M$648M$451M
Revenue growth—-94.2%1573.8%31.2%16.9%8.5%-30.5%
Net income-$53.8M-$774M-$5.02M$70.8M$69.4M$13.4M$806M
Net margin-13.3%-3325.4%-1.3%13.9%11.6%2.1%178.9%
EPS (diluted)————$5.15$1.12—

Cash flow

Vivid Seats Inc. (SEAT) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$76.5M-$33.9M$176M$14.4M$147M$53.9M-$91.6M
Capital expenditures$1.26M$341K$1.13M$3.56M$895K$4.23M$2.16M
Free cash flow$75.2M-$34.2M$175M$10.8M$146M$49.7M-$93.8M
Share buybacks——$0.00$32.5M$20.1M$23.0M$18.3M

Balance sheet

Vivid Seats Inc. (SEAT) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$81.3M$285M$490M$252M$125M$243M$103M
Total assets——$1.41B$1.15B$1.55B$1.64B$637M
Total liabilities————$963M$1.02B$722M
Long-term debt—$871M$460M$265M$265M$385M$383M
Shareholders' equity$518M-$272M-$861M-$383M$105M$261M-$85.1M
Retained earnings——-$1.04B-$1.01B-$940M-$930M-$1.36B
Shares (wtd avg diluted)————9.94M10.5M—

Every figure is extracted from Vivid Seats Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Vivid Seats Inc.'s annual revenue?
Vivid Seats Inc. (SEAT) reported $451M of revenue for fiscal year 2025 — down 30.5% from $648M in FY2024, per its annual report filed with the SEC.
Is Vivid Seats Inc. profitable?
Yes — SEAT earned $806M of net income in FY2025, a 178.9% net margin, per SEC filings.
What is Vivid Seats Inc.'s free cash flow?
-$93.8M in FY2025 (operating cash flow -$91.6M minus $2.16M of capital expenditures), from the SEC cash-flow statement.
Does SEAT pay a dividend?
Vivid Seats Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full SEAT analysis — verdict, score & filings →Is SEAT a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.