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Live Nation Entertainment LYV Ticketing — Recognition of deferred revenue

Other segment segments

Concerts
$868.34M+27.4%
Sponsorship and Advertising
$27.77M-50.6%

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CSTMRevenue deferred to contract liabilities
$12M-7.7%

Other financials

Income statement

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Revenue$3.8B+12.1%
Operating income-$370.5M-423%
Net income-$389.1M-1,777%
EPS (diluted)-$1.85-478%

Balance sheet

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Cash & equivalents$9.1B+26.8%
Total debt$10.6B+27.6%
Total equity-$139.4M-232%
Total assets$26.1B+19.4%

Cash flow

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Operating cash flow$2.3B+77.0%
CapEx$309.0M+80.9%
Free cash flow$2.0B+76.4%

Valuation

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Market cap$41.76B+21.9%
Enterprise value$43.26B+21.5%
P/E135.2×
P/S1.6×+0.2×

Profitability

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Operating margin4.6%
Net margin3.7%
FCF margin27%

Returns & leverage

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Return on equity222.2%
Debt / equity38.4×-9.3×
Current ratio0.9×-0.1×

Where this comes from

Reported directly by Live Nation Entertainment in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityRevenueRecognized.

The official record: Live Nation Entertainment’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Live Nation Entertainment's ticketing — recognition of deferred revenue?
Live Nation Entertainment (LYV) reported ticketing — recognition of deferred revenue of $66.9M in Q1 2026.
How has Live Nation Entertainment's ticketing — recognition of deferred revenue changed year-over-year?
Live Nation Entertainment's ticketing — recognition of deferred revenue increased by 1.5% year-over-year, from $65.94M to $66.9M.
What is the long-term trend for Live Nation Entertainment's ticketing — recognition of deferred revenue?
Over 4 years (2021 to 2025), Live Nation Entertainment's ticketing — recognition of deferred revenue has grown at a 47.4% compound annual growth rate (CAGR), from $43.51M to $205.22M.
What does ticketing — recognition of deferred revenue mean?
This metric tracks the timing and volume of revenue recognized from ticket sales that were collected in advance of the actual event date. Because ticketing platforms act as intermediaries, they collect funds from customers before the service is fully performed, creating a liability that is only converted to revenue once the event occurs. This reflects the operational velocity of the ticketing business and the underlying demand for live events.