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Cost of Revenue

Production and delivery

Live Nation Entertainment Production and delivery decreased by 49.0% to $2.48B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.9%, from $2.25B to $2.48B. Over 4 years (FY 2021 to FY 2025), Production and delivery shows an upward trend with a 44.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase relative to revenue suggests margin compression, while a decrease suggests improved operational efficiency or better cost control.

Detailed definition

Direct operating costs represent the expenses directly attributable to the production and delivery of services, such as...

Peer comparison

Equivalent to Cost of Goods Sold (COGS) for service-based businesses, commonly benchmarked against revenue to determine gross margin.

Metric ID: cost_of_revenue_direct_operating_costs

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$243.12M$1.97B$2.01B$1.07B$3.27B$4.71B$3.3B$2.12B$4.17B$6.3B$4.7B$2.65B$4.41B$5.78B$4.54B$2.25B$5.21B$6.44B$4.86B$2.48B
QoQ Change+710.3%+2.0%-46.7%+205.0%+44.1%-29.9%-35.7%+96.2%+51.1%-25.4%-43.6%+66.3%+31.1%-21.4%-50.3%+131.1%+23.5%-24.5%-49.0%
YoY Change>999%+139.0%+64.3%+98.4%+27.6%+33.8%+42.4%+24.8%+5.8%-8.2%-3.4%-15.0%+18.2%+11.4%+7.0%+9.9%
Range$243.12M$6.44B
CAGR+63.0%
Avg YoY Growth+106.2%
Median YoY Growth+21.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is Live Nation Entertainment's production and delivery?
Live Nation Entertainment (LYV) reported production and delivery of $2.48B in Q1 2026.
How has Live Nation Entertainment's production and delivery changed year-over-year?
Live Nation Entertainment's production and delivery increased by 9.9% year-over-year, from $2.25B to $2.48B.
What is the long-term trend for Live Nation Entertainment's production and delivery?
Over 4 years (2021 to 2025), Live Nation Entertainment's production and delivery has grown at a 44.1% compound annual growth rate (CAGR), from $4.36B to $18.76B.
What does production and delivery mean?
The direct costs incurred to produce and deliver the services sold by the company.