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Vivid Seats Inc. SEAT Net debt / EBITDA

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Other financials

Income statement

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Revenue$97.5M-27.1%
Gross profit$119.2M+9.3%
Operating income$21.7M+40.3%
Net income-$14.6M-38.6%
EPS (diluted)-$1.35-43.6%

Balance sheet

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Cash & equivalents$143.6M-28.0%
Total debt$382.6M-0.8%
Total equity-$95.4M-125%
Total assets$691.7M-56.9%

Cash flow

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Operating cash flow$46.0M+282%
CapEx$23.0K-98.7%
Free cash flow$46.0M+270%

Valuation

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Market cap$90.15M-45.7%
Enterprise value$329.23M-17.3%
P/E0.1×
P/S0.2×-0.1×

Profitability

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Net margin193.6%
FCF margin-5.1%

Returns & leverage

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Return on equity562.2%
Debt / equity1.4×+0.2×
Current ratio0.7×-0.1×

Where this comes from

Calculated from Vivid Seats Inc.’s reported figures.

Based on the most recent quarter.

The source filing: Vivid Seats Inc.’s 10-K, filed March 12, 2026. Open the filing →

Filed
Mar 12, 2026, 6:53 AM EDT
Fiscal year
FY2025
Accession
0001193125-26-103023

FAQ

What is Vivid Seats Inc.'s net debt / EBITDA?
Vivid Seats Inc. (SEAT) reported net debt / EBITDA of 2.4× in Q4 2024.
How has Vivid Seats Inc.'s net debt / EBITDA changed year-over-year?
Vivid Seats Inc.'s net debt / EBITDA increased by 35.6% year-over-year, from 1.8× to 2.4×.
What is the long-term trend for Vivid Seats Inc.'s net debt / EBITDA?
Over 3 years (2021 to 2024), Vivid Seats Inc.'s net debt / EBITDA has grown at a 52.2% compound annual growth rate (CAGR), from -0.7× to 2.4×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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