NYSE$SEAT
Vivid Seats Inc (Class A) · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Vivid Seats reported strong Q1 2023 results with revenue and Adjusted EBITDA growth, and raised guidance for 2023.
Vivid Seats reported an excellent start to 2023, with Q1 revenues of $161.1 million, a 23% increase year-over-year, and adjusted EBITDA of $42.4 million, a 102% increase year-over-year. The company is raising its guidance for 2023 Marketplace GOV, Revenues and Adjusted EBITDA.
- Marketplace GOV increased by 15% year-over-year to $855.5 million.
- Revenues increased by 23% year-over-year to $161.1 million.
- Net income increased by 865% year-over-year to $30.3 million.
- Adjusted EBITDA increased by 102% year-over-year to $42.4 million.
Headline financials
Revenue & EPS history
Vivid Seats · Revenue · Quarterly
$137M
Forward guidance
Vivid Seats anticipates increased Marketplace GOV, Revenues and Adjusted EBITDA for the year ending December 31, 2023.
Tailwinds
- Marketplace GOV is expected to be in the range of $3.15 billion to $3.40 billion.
- Revenues are expected to be in the range of $605.0 million to $630.0 million.
- Adjusted EBITDA is expected to be in the range of $115.0 million to $130.0 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 17 quarterly earnings reports · overlaid with Q1 2023
-5.4%
Avg return
Earnings day
-1.2%
Avg return
5 days after
-5.7%
Avg return
30 days after
26%
5 / 19 earnings
Positive
+20.9%
Q1 2023
Best reaction
-37.5%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +11.9% | +40.8% | +40.8% | |
| Q4 2025 | -7.7% | +4.9% | -0.7% | |
| Q3 2025 | -10.4% | -18.7% | -35.9% | |
| Q1 2025 | -37.5% | -35.8% | -41.2% | |
| Q4 2024 | -23.1% | -28.9% | -24.9% | |
| Q3 2024 | -12.9% | -4.4% | -17.8% | |
| Q2 2024 | -11.4% | -12.9% | +10.7% | |
| Q1 2024 | -2.6% | +0.2% | -4.2% | |
| Q4 2023 | -13.6% | -6.4% | -4.9% | |
| Q3 2023 | +17.3% | +17.9% | +8.2% | |
| Q2 2023 | -3.1% | -2.5% | -8.0% | |
| Q1 2023 | +20.9% | +21.9% | -1.3% | |
| Q4 2022 | +10.3% | +7.3% | +19.9% | |
| Q3 2022 | -8.8% | -0.5% | -5.7% | |
| Q2 2022 | -1.1% | +10.6% | -0.3% | |
| Q1 2022 | -15.5% | -3.0% | -1.4% | |
| Q4 2021 | -11.5% | -5.1% | -13.0% | |
| Q3 2021 | -3.8% | -6.9% | -23.4% | |
| Q1 2021 | +0.8% | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro