NYSE$EB

Eventbrite Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Eventbrite's revenue increased, driven by paid ticket growth and a record revenue take rate.

Eventbrite reported strong Q3 2023 results, with revenue reaching $81.5 million, a 21% year-over-year increase. The company achieved a record revenue take rate and saw adjusted EBITDA margin increase to 8%.

  • Revenue grew 21% year-over-year to $81.5 million.
  • Adjusted EBITDA margin increased to 8% with adjusted EBITDA up more than 50% year-over-year.
  • Flex and Pro event pricing plans were successfully launched, providing social media and email marketing tools to creators.
  • Marketplace-related revenue grew 78% quarter-over-quarter, exceeding 5% of net revenue.

Headline financials

Total Revenue

$81.5M

Previous: $67.5M+20.9%
EPS (adj)

-$0.10

Previous: -$0.21+52.4%
Capital Expenditures

-$991K

Previous: -$1.25M+21.0%
Free Cash Flow

-$10.9M

Previous: -$22.4M+51.2%
Net Income

-$9.94M

Previous: -$21.1M+53.0%
Operating Income

-$11.6M

Previous: -$13.3M+12.9%
Gross Profit

$55.7M

Previous: $44M+26.5%
Cash & Equivalents

$568M

Previous: $676M-16.0%
Total Assets

$972M

Previous: $932M+4.3%
R&D Expense

$22.9M

No prior period
Stock-Based Comp

$14.5M

Previous: $13.5M+6.9%

Revenue & EPS history

Eventbrite · Revenue · Quarterly

$81.5M

Q3 2023+20.9%vs Q3 2022
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

Eventbrite is focused on driving further growth through investments in personalization and event discovery.

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 Q3 2023

Historical avgQ3 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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