SEAT - NASDAQ
Vivid Seats Inc.
$8.72
-7.4%Vivid Seats Inc. operates as an online secondary marketplace for tickets in the United States and Canada. The company operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers; processes ticket sales on its website and mobile applications through its distribution partners; and sells tickets for live sports, concerts, and theater shows, and other live events. This segment offers Skybox, a proprietary enterprise resource planning tool that helps ticket sellers manage ticket inventories, adjust pricing, and fulfill orders across multiple ticket resale marketplaces. The Resale segment acquires tickets to resell on secondary ticket marketplaces; and provides internal research and development support for Skybox and to deliver seller software and tools. The company was founded in 2001 and is headquartered in Chicago, Illinois.
At a Glance
Live SnapshotVivid Seats Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.
Cash Flow Quality Insight
Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.
Vivid Seats Inc. Cash Flow Statement
SEAT • NASDAQ
| Vivid Seats Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||
-429.3M | 14.3M | 113.1M | 70.8M | -19.1M | -774.2M | -53.8M | |
49.4M | 45.9M | 18M | 9.9M | 2.3M | 48.2M | 93.1M | |
74.7M | 1.2M | -44.9M | 0.0 | 0.0 | 574.7M | 3.4M | |
36.7M | 50.4M | 27.6M | 19.1M | 6M | 4.3M | 5.2M | |
282.8M | -5M | -2.8M | -4.6M | 22.8M | 19.5M | 2.9M | |
(0.0) | (5.5M) | (4M) | (0.0) | (0.0) | (0.0) | (0.0) | |
-106M | -53M | 36.2M | -80.8M | 163.8M | 93.5M | 25.8M | |
-91.6M | 53.9M | 147.3M | 14.4M | 175.8M | -33.9M | 76.5M | |
INVESTING ACTIVITIES | |||||||
-2.2M | -4.2M | -895K | -3.6M | -1.1M | -7.6M | -9.2M | |
(0.0) | (0.0) | -206.9M | -8K | (301K) | (0.0) | -31.1M | |
(0.0) | (0.0) | -6M | (0.0) | (0.0) | (0.0) | (0.0) | |
-18M | -22.5M | -11.9M | -11.8M | -8.5M | -7.3M | 170K | |
-20.2M | -26.7M | -225.6M | -15.4M | -9.3M | -7.6M | -40.2M | |
FINANCING ACTIVITIES | |||||||
-16.7M | -23M | -20.1M | -32.5M | 475.2M | 0.0 | 0.0 | |
-3.1M | 120.2M | -3M | -192.8M | -413M | 254.1M | -47M | |
(0.0) | (0.0) | (0.0) | (0.0) | -17.7M | -120K | -8.1M | |
-18.3M | -23M | -20.1M | -32.5M | (0.0) | (0.0) | (0.0) | |
-9.6M | -11.1M | -20.3M | -11.2M | 229.6M | -8.5M | -400K | |
-29.4M | 86.1M | -43.4M | -236.5M | 38M | 245.5M | -55.5M | |
CASH FLOW SUMMARY | |||||||
-200K | -1M | 1.9M | 0.0 | 0.0 | 0.0 | 0.0 | |
-141.3M | 112.2M | -119.9M | -237.5M | 204.5M | 204M | -19.1M | |
244.6M | 132.4M | 252.3M | 489.8M | 285.3M | 81.3M | 100.4M | |
103.3M | 244.6M | 132.4M | 252.3M | 489.8M | 285.3M | 81.3M | |
-93.8M | 49.7M | 134.5M | -1M | 166.1M | -41.5M | 67.3M |
SEC Filings
SEAT - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 05, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 05, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 27, 2026 | June 09, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 12, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 12, 2026 | March 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 20, 2026 | January 14, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 30, 2025 | December 19, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 06, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 06, 2025 | October 31, 2025 | 2025 | |
8-K/A 8-K/A 2025 (Amended) N/A | October 23, 2025 | October 19, 2025 | 2025 |
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