NYSE$EB

Eventbrite Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported a 39% increase in first quarter revenue, reaching $77.9 million, a three-year high, with paid ticket volume up 28% to 23 million tickets and a seventh consecutive quarter of positive Adjusted EBITDA.

Eventbrite reported a strong start to 2023, with first-quarter revenue climbing 39% to $77.9 million, marking a new three-year high. Paid ticket volume increased by 28% to 23 million, and the company achieved its seventh consecutive quarter of positive Adjusted EBITDA. The adoption of Eventbrite Ads and Boost tools has accelerated, driving marketplace transformation.

  • First quarter revenue increased by 39% to $77.9 million, reaching a three-year high.
  • Paid ticket volume grew by 28% to 23 million tickets.
  • The company achieved its seventh consecutive quarter of positive Adjusted EBITDA.
  • Eventbrite Ads and Boost tools saw increased adoption, contributing to marketplace transformation.

Headline financials

Total Revenue

$77.9M

Previous: $55.9M+39.4%
EPS (adj)

-$0.13

Previous: -$0.19+31.6%
Paid Ticket Volume

23.0M

Previous: 18.1M+27.1%
Capital Expenditures

-$286K

Previous: -$320K+10.6%
Free Cash Flow

-$13M

Previous: -$18.5M+29.9%
Net Income

-$12.7M

Previous: -$18.2M+30.2%
Operating Income

-$13.8M

Previous: -$14.6M+5.2%
Gross Profit

$51.5M

Previous: $35.9M+43.5%
Cash & Equivalents

$518M

Previous: $710M-27.0%
Total Assets

$950M

Previous: $973M-2.3%
Stock-Based Comp

$12.1M

Previous: $12.8M-5.8%

Revenue & EPS history

Eventbrite · Revenue · Quarterly

$77.9M

Q1 2023+39.4%vs Q1 2022
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-2.6%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.3%

Avg return

30 days after

52%

15 / 29 earnings

Positive

+19.7%

Q3 2025

Best reaction

-29.6%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025+19.7%+30.7%+101.8%
Q2 2025+13.6%+18.6%+17.6%
Q1 2025+7.9%+2.2%+10.0%
Q4 2024-21.3%-20.3%-27.7%
Q3 2024+0.9%+7.4%+7.6%
Q2 2024-19.1%-20.4%-24.0%
Q1 2024+2.6%+4.3%-7.3%
Q4 2023-29.4%-30.7%-33.4%
Q3 2023-3.9%-2.1%-14.8%
Q2 2023+2.3%+3.2%-6.7%
Q1 2023+15.3%+8.7%+18.9%
Q4 2022+13.2%+6.6%-3.9%
Q3 2022+7.1%+11.4%+16.1%
Q2 2022-14.3%-25.4%-32.2%
Q1 2022-0.5%+11.4%+11.4%
Q4 2021-5.2%+2.8%-12.8%
Q3 2021-0.3%
Q2 2021+4.7%
Q1 2021+2.7%
Q4 2020-4.8%
Q3 2020+6.5%
Q2 2020+2.2%
Q1 2020-21.8%
Q4 2019-17.6%
Q3 2019+19.7%
Q2 2019+8.0%
Q1 2019-29.6%
Q4 2018-22.2%
Q3 2018-11.0%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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