Live Nation Entertainment, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.20B | $23.16B | $22.73B | $16.68B | $6.27B | $1.86B | $11.55B | $10.79B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $4.09B | $4.04B | $3.52B | $2.96B | $1.75B | $1.52B | $2.15B | $2.00B |
| Operating Income | $1.25B | $824.5M | $1.08B | $722.0M | $-417.9M | $-1.65B | $324.8M | $272.5M |
| Operating Margin | 5.0% | 3.6% | 4.8% | 4.3% | -6.7% | -88.8% | 2.8% | 2.5% |
| Interest Expense | $316.0M | $326.0M | $350.2M | $278.5M | $282.4M | $226.8M | $157.5M | $141.0M |
| Pretax Income | $1.03B | $739.4M | $913.3M | $490.5M | $-611.3M | $-1.86B | $185.1M | $131.1M |
| Income Tax Expense | $339.8M | $-391.7M | $209.5M | $115.9M | $-2.5M | $-28.9M | $66.9M | $40.8M |
| Net Income | $496.0M | $896.3M | $556.9M | $266.4M | $-650.9M | $-1.72B | $69.9M | $60.2M |
| Net Margin | 2.0% | 3.9% | 2.5% | 1.6% | -10.4% | -92.7% | 0.6% | 0.6% |
| EPS (Basic) | $-0.24 | $2.77 | $1.35 | $0.53 | $-3.09 | $-8.12 | $-0.02 | $-0.09 |
| EPS (Diluted) | $-0.24 | $2.74 | $1.34 | $0.52 | $-3.09 | $-8.12 | $-0.02 | $-0.09 |
| Shares Outstanding (Basic) | 231.8M | 230.1M | 228.6M | 224.8M | 217.2M | 212.3M | 213.7M | 210.3M |
| Shares Outstanding (Diluted) | 231.8M | 236.4M | 231.0M | 231.6M | 217.2M | 212.3M | 213.7M | 210.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |