The Inventing Press

Live Nation Entertainment, Inc.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$25.2B$23.2B$22.7B$16.7B$6.3B
Selling, general & administrative$4.1B$4.0B$3.5B$3.0B$1.8B
Operating income$1.3B$824.5M$1.1B$722.0M-$417.9M
Interest expense$316.0M$326.0M$350.2M$278.5M$282.4M
Pretax income$1.0B$739.4M$913.3M$490.5M-$611.3M
Income tax expense$339.8M-$391.7M$209.5M$115.9M-$2.5M
Net income$496.0M$896.3M$556.9M$266.4M-$650.9M
Balance Sheet
Cash and equivalents$7.1B$6.1B$6.2B$5.6B$4.9B
Current assets$11.0B$9.3B$9.5B$8.2B$6.7B
Total assets$22.9B$19.6B$19.0B$16.5B$14.4B
Current liabilities$11.0B$9.4B$10.0B$8.3B$6.9B
Total debt$8.2B$6.4B$6.6B$5.9B$5.7B
Stockholders' equity$271.0M$173.3M-$52.3M-$367.6M-$582.7M
Cash Flow Statement
Cash from operations$1.4B$1.7B$1.4B$1.8B$1.8B
Depreciation and amortization$374.3M$300.0M$266.6M$225.8M$222.8M
Stock-based compensation$155.2M$110.3M$116.0M$110.0M$209.3M
Capital expenditure$1.1B$646.6M$438.6M$347.2M$152.7M
Free cash flow$333.6M$1.1B$924.4M$1.5B$1.6B
Share repurchases$23.5M$0$0
Impairments$0$0$0$0$0

Shares outstanding 235.5M · Free float 62.7%

Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.