Updated
Updated · CNBC · Jul 2
Live Nation Posts Record $25.2 Billion Revenue as 2026 Ticket Sales Pace Up 11%
Updated
Updated · CNBC · Jul 2

Live Nation Posts Record $25.2 Billion Revenue as 2026 Ticket Sales Pace Up 11%

3 articles · Updated · CNBC · Jul 2

Summary

  • $25.2 billion in FY2025 revenue more than doubled Live Nation's pre-pandemic level, while operating income climbed 52% to $1.25 billion.
  • Q1 2026 kept that momentum going: revenue rose 12%, fan attendance increased 7% to 23.8 million, and sponsorship revenue jumped 20%.
  • $6.6 billion in deferred revenue—up 22% year over year—shows fans are still paying well ahead of shows, with more than 85% of 2026 large-venue dates already booked.
  • 107 million tickets sold for 2026 are pacing 11% above last year, and CEO Michael Rapino said demand has not weakened across genres, geographies or income levels.
  • 75% of U.S. tickets still cost under $100 even as Live Nation expands premium seating, underscoring how live events remain a resilient consumer priority despite broader economic strain.

Insights

Found guilty of monopoly abuse, why is Live Nation's business booming and its stock still a top Wall Street pick?
After its antitrust verdict, will fans and artists finally see lower ticket prices and a fairer live music industry?
Is Live Nation's model the problem, or is the entire live music ecosystem simply broken for fans and artists?