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Vivid Seats Valuation Multiples
Discover revenue and EBITDA valuation multiples for Vivid Seats and similar public comparables like CDON, Tuniu, Demae-Can, Freetrailer Group and more.
Vivid Seats Overview
About Vivid Seats
Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry providing tickets for sports, concerts, theatres, and comedy events in the United States, Canada and Japan. It operates in two segments namely marketplace and resale. Marketplace segment, act as an intermediary between ticket buyers, sellers, and partners through which company earn revenue from processing ticket sales for live events and facilitating the booking of hotel rooms and packages on websites and mobile applications. Resale segment provides internal research and development support for Skybox and supplements ongoing efforts to deliver software and tools. Majority of revenue is from Marketplace segment.
Founded
2001
HQ
Employees
768
Website
Financials (LTM)
EV
$389M
Vivid Seats Financials
Vivid Seats reported last 12-month revenue of $552M and EBITDA of $39M.
In the same LTM period, Vivid Seats generated $382M in gross profit, $39M in EBITDA, and had net loss of ($523M).
Revenue (LTM)
Vivid Seats P&L
In the most recent fiscal year, Vivid Seats reported revenue of $571M and EBITDA of $42M.
Vivid Seats expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $552M | XXX | $571M | XXX | XXX | XXX |
| Gross Profit | $382M | XXX | $397M | XXX | XXX | XXX |
| Gross Margin | 69% | XXX | 70% | XXX | XXX | XXX |
| EBITDA | $39M | XXX | $42M | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| EBIT Margin | (102%) | XXX | (10%) | XXX | XXX | XXX |
| Net Profit | ($523M) | XXX | ($429M) | XXX | XXX | XXX |
| Net Margin | (95%) | XXX | (75%) | XXX | XXX | XXX |
| Net Debt | — | — | $285M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Vivid Seats Stock Performance
Vivid Seats has current market cap of $88M, and enterprise value of $389M.
Market Cap Evolution
Vivid Seats' stock price is $8.13.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $389M | $88M | 5.0% | XXX | XXX | XXX | $-39.88 |
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Start Free TrialVivid Seats Valuation Multiples
Vivid Seats trades at 0.7x EV/Revenue multiple, and 9.9x EV/EBITDA.
EV / Revenue (LTM)
Vivid Seats Financial Valuation Multiples
As of April 19, 2026, Vivid Seats has market cap of $88M and EV of $389M.
Equity research analysts estimate Vivid Seats' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Vivid Seats has a P/E ratio of (0.2x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $88M | XXX | $88M | XXX | XXX | XXX |
| EV (current) | $389M | XXX | $389M | XXX | XXX | XXX |
| EV/Revenue | 0.7x | XXX | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 9.9x | XXX | 9.3x | XXX | XXX | XXX |
| EV/EBIT | (0.7x) | XXX | (6.9x) | XXX | XXX | XXX |
| EV/Gross Profit | 1.0x | XXX | 1.0x | XXX | XXX | XXX |
| P/E | (0.2x) | XXX | (0.2x) | XXX | XXX | XXX |
| EV/FCF | (6.1x) | XXX | (4.2x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Vivid Seats Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Vivid Seats Margins & Growth Rates
Vivid Seats' revenue in the last 12 month declined by (7%).
Vivid Seats' revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.6M for the same period.
Vivid Seats' rule of 40 is (5%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Vivid Seats' rule of X is (21%) (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Vivid Seats Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (7%) | XXX | (11%) | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Growth | (9%) | XXX | (21%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | (5%) | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (21%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.7M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.6M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 40% | XXX | 40% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 30% | XXX | 30% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 80% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Vivid Seats Public Comps
See public comps and valuation multiples for other Consumer Marketplaces and Events comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Vivid Seats | XXX | XXX | XXX | XXX | XXX | XXX |
| CDON | XXX | XXX | XXX | XXX | XXX | XXX |
| Tuniu | XXX | XXX | XXX | XXX | XXX | XXX |
| Demae-Can | XXX | XXX | XXX | XXX | XXX | XXX |
| Freetrailer Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Airtasker | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Vivid Seats M&A Activity
Vivid Seats acquired XXX companies to date.
Last acquisition by Vivid Seats was on XXXXXXXX, XXXXX. Vivid Seats acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Vivid Seats
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialVivid Seats Investment Activity
Vivid Seats invested in XXX companies to date.
Vivid Seats made its latest investment on XXXXXXXX, XXXXX. Vivid Seats invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Vivid Seats
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Vivid Seats
| When was Vivid Seats founded? | Vivid Seats was founded in 2001. |
| Where is Vivid Seats headquartered? | Vivid Seats is headquartered in United States. |
| How many employees does Vivid Seats have? | As of today, Vivid Seats has over 768 employees. |
| Who is the CEO of Vivid Seats? | Vivid Seats' CEO is Lawrence C. Fey. |
| Is Vivid Seats publicly listed? | Yes, Vivid Seats is a public company listed on Nasdaq. |
| What is the stock symbol of Vivid Seats? | Vivid Seats trades under SEAT ticker. |
| When did Vivid Seats go public? | Vivid Seats went public in 2021. |
| Who are competitors of Vivid Seats? | Vivid Seats main competitors are CDON, Tuniu, Demae-Can, Freetrailer Group. |
| What is the current market cap of Vivid Seats? | Vivid Seats' current market cap is $88M. |
| What is the current revenue of Vivid Seats? | Vivid Seats' last 12 months revenue is $552M. |
| What is the current revenue growth of Vivid Seats? | Vivid Seats revenue growth (NTM/LTM) is (7%). |
| What is the current EV/Revenue multiple of Vivid Seats? | Current revenue multiple of Vivid Seats is 0.7x. |
| Is Vivid Seats profitable? | Yes, Vivid Seats is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Vivid Seats? | Vivid Seats' last 12 months EBITDA is $39M. |
| What is Vivid Seats' EBITDA margin? | Vivid Seats' last 12 months EBITDA margin is 7%. |
| What is the current EV/EBITDA multiple of Vivid Seats? | Current EBITDA multiple of Vivid Seats is 9.9x. |
| What is the current FCF of Vivid Seats? | Vivid Seats' last 12 months FCF is ($63M). |
| What is Vivid Seats' FCF margin? | Vivid Seats' last 12 months FCF margin is (11%). |
| What is the current EV/FCF multiple of Vivid Seats? | Current FCF multiple of Vivid Seats is (6.1x). |
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