Live Nation Q3 FY2026: revenue up 19.0% to $10.11 billion, EPS $1.69
Live Nation's quarter was a demand story: revenue rose 19.0% to $10.11 billion and fans showed up in record numbers, but only $4.43 of every $100 of revenue reached shareholders as profit. Read the scorecard for growth, the chart for where the money goes, and the balance notes for the customer float and debt that fund the venue buildout. View: Bullish.
1 · Expected vs. Actual
Free preview belowDiluted EPS was $1.69 against $0.73 a year earlier, and nine-month EPS reached $0.95 versus $0.82 even with a $450.0 million litigation charge in the year. Part of the jump is mechanical: accretion of redeemable noncontrolling interests fell to $42.6 million from $259.9 million, so more of total net income of $566.9 million reached common holders, at $447.8 million. Diluted shares rose to 256.4 million from 234.8 million on convertible debt dilution.
Revenue rose 19.0% to $10.11 billion from $8.50 billion, split between Concerts at $8.75 billion (up 20.0%), Ticketing at $870.3 million (up 9.0%) and Sponsorship & Advertising at $505.7 million (up 14.0%). Currency barely mattered: at constant currency revenue was $10.10 billion, also up 19.0%. Direct costs grew slightly faster than revenue, so gross margin slipped to 23.3% from 24.3%.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-05
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