How Live Nation Entertainment (LYV) Makes Money: A Visual Guide
Live Nation Entertainment (LYV) generated $25.20B in revenue (TTM through Q4 2025), earning $495.97M in net profit (2% margin). Its largest revenue source is Concerts (73% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
Live Nation Entertainment (LYV) Income Statement Flow
Frequently asked questions
How does Live Nation Entertainment (LYV) make money?
- Live Nation Entertainment (LYV) primarily makes money through Concerts, which accounts for 73% of total revenue. For TTM through Q4 2025, Live Nation Entertainment generated $25.20B in total revenue with a net profit margin of 2%.
What is Live Nation Entertainment (LYV) gross profit margin?
- Live Nation Entertainment (LYV) reported a gross profit margin of 45.4% for TTM through Q4 2025, equivalent to $11.44B in gross profit. This means Live Nation Entertainment retains 45.4% of each revenue unit after direct costs of production.
What is Live Nation Entertainment (LYV) operating profit margin?
- Live Nation Entertainment (LYV) reported an operating profit margin of 5.4% for TTM through Q4 2025, equivalent to $1.37B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Live Nation Entertainment (LYV) net profit margin?
- Live Nation Entertainment (LYV) reported a net profit margin of 2% for TTM through Q4 2025, equivalent to $495.97M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Live Nation Entertainment (LYV) spend on capital expenditures?
- Live Nation Entertainment (LYV) spent $1.06B on capital expenditures in TTM through Q4 2025 (4.2% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Live Nation Entertainment (LYV) free cash flow?
- Live Nation Entertainment (LYV) generated $333.61M in free cash flow for TTM through Q4 2025 (1.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Live Nation Entertainment (LYV) effective tax rate?
- Live Nation Entertainment (LYV) had an effective tax rate of 33% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.