US EditionInside Live Nation’s Q3 Earnings: More Stadium Shows, International Growth, DOJ Case Optimism
Live Nation's revenue grew 11% to $8.5 billion in Q3 2025, led by international markets where fan count is set to surpass the U.S. for the first time.
- On Nov. 4, Live Nation reported an 11% increase in Q3 2025 revenue to $8.5 billion, marking a record third-quarter result.
- International markets led the surge with fee-bearing gross transaction value rising 16%, while 250 fewer amphitheater shows and 120 more stadium shows shifted venue mix in Q3.
- Operating income increased, with $793 million, and deferred revenue rose to $3.5 billion, up 37%, while Ticketmaster deferred revenue reached $231 million, up 30%.
- Executives contend the legal risk is manageable as Live Nation and Ticketmaster face DOJ monopoly allegations and an FTC suit, with the DOJ case set for trial on March 6 next year.
- Looking to 2026, the pipeline shows momentum with a double-digit rise in the large-venue show pipeline, 26 million tickets sold, and ongoing venue investments and renovations.
11 Articles
11 Articles
Inside Live Nation’s Q3 Earnings: More Stadium Shows, International Growth, DOJ Case Optimism
Live Nation reported an 11% increase in total revenue in the third quarter on Tuesday (Nov. 4), the result of continued fan demand for live music and a shift to stadiums from amphitheaters and arenas. On a call with analysts and investors, CEO Michael Rapino and COO Joe Berchtold discussed the finer points of the results. Although it’s only November, all signs point to more growth in revenue, ticket sales, attendance and sponsorships in 2026…
Live Nation Heading For Record 2025, Forecasting 160 Million Ticket Sales
Live Nation is heading for 2025 to be its biggest year yet, having already sold 150 million tickets and revenue up 11% to US $8.5 billion (AU$13.1 billion) so far in the first nine months, according to its Q3 (third quarter) report this week.According to the world’s largest concert promoter, it set a new record in the amount of stadium shows it staged, up 60% globally.But based on how sales are tracking compared to this time last year, Live Nati…
Live Nation revenues up 11%, buoyed by boom in stadium shows
Stop us if you’ve heard this one before: Live Nation has broken another of its quarterly-revenue records. The live-entertainment giant reported revenues of $8.5bn in the third quarter of 2025, up 11% year-on-year. That included double-digit growth for its concerts business (up 11% to $7.28bn) as well as ticketing (up 15% to $797.6m) and sponsorship and advertising […] The post is from Music Ally.
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