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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.67B | $3.79B | $6.31B | $8.50B | $7.01B | $3.38B | $5.68B | $7.65B |
| Cost of revenue | $5.72B | $2.48B | $4.86B | $6.44B | $5.21B | $2.25B | $4.54B | $5.78B |
| Gross profit | $1.94B | $1.31B | $1.45B | $2.06B | $1.80B | $1.13B | $1.14B | $1.87B |
| Gross margin | 25.3% | 34.7% | 23.0% | 24.3% | 25.6% | 33.3% | 20.1% | 24.5% |
| Selling, general and administrative | $1.13B | $961.52M | $1.30B | $1.01B | $1.00B | $778.92M | $1.13B | $1.01B |
| Operating expenses | $1.43B | $1.69B | $1.60B | $1.28B | $1.31B | $1.01B | $1.39B | $1.24B |
| Operating income | $513.40M | −$376.54M | −$143.28M | $777.60M | $485.80M | $112.57M | −$245.06M | $635.56M |
| Operating margin | 6.7% | -9.9% | -2.3% | 9.1% | 6.9% | 3.3% | -4.3% | 8.3% |
| EBITDA | $701.86M | −$207.24M | $47.93M | $1.01B | $644.82M | $262.02M | −$75.98M | $834.80M |
| Interest income | $42.71M | $39.47M | $41.83M | $36.66M | $37.89M | $34.06M | $32.51M | $36.07M |
| Interest expense | −$97.23M | −$90.52M | −$83.35M | −$80.29M | −$72.05M | −$80.34M | −$77.35M | −$87.96M |
| Income before taxes | $518.60M | −$412.10M | −$185.69M | $729.82M | $420.39M | $66.01M | −$301.19M | $585.91M |
| Income taxes | $115.72M | −$32.09M | −$49.41M | $251.84M | $117.65M | $19.71M | −$583.11M | $70.23M |
| Net income | $402.88M | −$380.02M | −$136.28M | $477.98M | $302.74M | $46.30M | $281.92M | $515.68M |
| Net margin | 5.3% | -10.0% | -2.2% | 5.6% | 4.3% | 1.4% | 5.0% | 6.7% |
| EPS, basic | $1.06 | −$1.85 | −$1.06 | $0.74 | $0.41 | −$0.32 | $0.60 | $1.72 |
| EPS, diluted | $1.05 | −$1.85 | −$1.09 | $0.73 | $0.41 | −$0.32 | $0.62 | $1.66 |
| Diluted shares | 244.04M | 232.40M | 226.99M | 234.75M | 234.42M | 231.22M | 225.62M | 245.32M |
Figures describe Live Nation Entertainment shares, not any token. As of Jul 30, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.