Live Nation (LYV) official guidance
Live Nation (LYV) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteLYVLive Nation Entertainment, Inc.FY2026 · ends 2026-12-31
9 metrics1 raised2 lowered3 new2 maintainedearnings release · 2026-07-30 20:22:02 UTC
2026-07-30 20:22:02 UTCone-third of last year’snew
◦Accretion expense is projected to be one-third of last year’s, with continued strong performance at OCESA and other acquisitions
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-07-30 20:22:02 UTC10%raised +25.0%10% vs FY2025
•Full-year fan attendance is now projected to grow 10%, with expected attendance at operated venues up double digits and third-party venues up high single digits
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTCgrow high-single digitsnew7% – 9% vs FY2025
Full year fan attendance projected to grow high-single digits with timing shifts due to venue mix:
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-07-30 20:22:02 UTCup double digitsnew10% – 19% vs FY2025
•Full-year fan attendance is now projected to grow 10%, with expected attendance at operated venues up double digits and third-party venues up high single digits
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-07-30 20:22:02 UTCup high single digitsnew7% – 9% vs FY2025
•Full-year fan attendance is now projected to grow 10%, with expected attendance at operated venues up double digits and third-party venues up high single digits
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-07-30 20:22:02 UTC$800Mlowered -3.0%
◦$800 million of total capital expenditures is for venue expansion and enhancement projects
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTC$800M – $850Mmaintained
Approximately $800 to $850 million of total capex is for venue expansion and enhancement projects
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-02-19 21:31:30 UTC$800M – $850Mnew
Approximately $800 to $850 million of total capex is for venue expansion and enhancement projects
LYV · EX-99.1 · Q4 FY2025
2026-02-19 21:29:38 UTCOpen source
2026-07-30 20:22:02 UTC$1.1Blowered -4.3%0.9% vs FY2025
•Full year capital expenditures now projected to be $1.1 billion, toward the lower end of our initial range due to timing of projects:
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTC$1.1B – $1.2Bmaintained0.9% – 10.1% vs FY2025
Q1 capital expenditures totaled $249 million; full year spend expected to be $1.1 to $1.2 billion:
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-02-19 21:31:30 UTC$1.1B – $1.2Bnew0.9% – 10.1% vs FY2025
2026 capital expenditures expected to be $1.1 to $1.2 billion
LYV · EX-99.1 · Q4 FY2025
2026-02-19 21:29:38 UTCOpen source
2026-07-30 20:22:02 UTC80%maintained
•Income tax expense is expected to be 15-20% of AOI, with cash taxes projected to be 80% of that amount
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTC80%maintained
Income tax expense is expected to be 15-20% of AOI, with cash taxes projected to be 80% of that amount
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-02-19 21:31:30 UTC80%new
Tax expense expected to be 15-20% of AOI, with cash taxes estimated at approximately 80% of that amount due to various tax benefits and timing differences across our global markets
LYV · EX-99.1 · Q4 FY2025
2026-02-19 21:29:38 UTCOpen source
2026-07-30 20:22:02 UTC12% – 15%maintained12% – 15% vs FY2025
•Depreciation and amortization expected to grow 12-15%
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTC12% – 15%raised +35.0%12% – 15% vs FY2025
Depreciation and amortization expected to grow 12-15%
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-02-19 21:31:30 UTC10%new10% vs FY2025
Depreciation and amortization expense expected to grow by 10%
LYV · EX-99.1 · Q4 FY2025
2026-02-19 21:29:38 UTCOpen source
2026-07-30 20:22:02 UTCnot expected to change materially from 2025
•2026 share count not expected to change materially from 2025
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTCnot expected to change materially from 2025
2026 share count not expected to change materially from 2025
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-02-19 21:31:30 UTCnot expected to change materially from 2025new
2026 share count not expected to change materially from 2025
LYV · EX-99.1 · Q4 FY2025
2026-02-19 21:29:38 UTCOpen source
LYVLive Nation Entertainment, Inc.FY2027+ · ends 2027-12-31
1 metric1 newearnings release · 2026-07-30 20:22:02 UTC
2026-07-30 20:22:02 UTC15Mnew
•Current pipeline of more than 25 large (over 3,000 seats) venues expected to open through the end of 2027, adding capacity for an incremental 15 million fans on a run rate basis
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
LYVLive Nation Entertainment, Inc.FY2026 · ends 2026-12-31
10 metrics1 raised3 new3 maintainedearnings release · 2026-07-30 20:22:02 UTC
2026-07-30 20:22:02 UTC75Mnew
•Venue Nation on track to host close to 75 million fans in 2026, up double digits year-over-year, driven by an increase in show count from higher utilization of our existing venues and adding new venues
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-07-30 20:22:02 UTCin line with or higher than 2025
•Full year AOI to free cash flow—adjusted conversion expected to be in line with or higher than 2025
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTCin line with or higher than 2025
Full year AOI to free cash flow—adjusted conversion expected to be in line with or higher than 2025
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-02-19 21:31:30 UTChigher than 2025new
2026 full-year AOI to free cash flow—adjusted conversion is expected to be higher than 2025
LYV · EX-99.1 · Q4 FY2025
2026-02-19 21:29:38 UTCOpen source
2026-07-30 20:22:02 UTC$280Mmaintained
•Net interest expense is expected to be approximately $280 million
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTC$280Mmaintained
Net interest expense is expected to be $280 million
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-02-19 21:31:30 UTC$280Mnew
Interest expense, net of interest income, is expected to be $280 million
LYV · EX-99.1 · Q4 FY2025
2026-02-19 21:29:38 UTCOpen source
2026-07-30 20:22:02 UTC$325Mnew
◦Noncontrolling interest expense is expected to be approximately $325 million for the full year and its growth will follow the timing of AOI growth.
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-07-30 20:22:02 UTCits growth will follow the timing of AOI growth
◦Noncontrolling interest expense is expected to be approximately $325 million for the full year and its growth will follow the timing of AOI growth.
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTC25%raised +25.0%25% vs FY2025
Noncontrolling interest expense is expected to grow 25% driven by strong performance across our global partnerships
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-02-19 21:31:30 UTC20%new20% vs FY2025
Noncontrolling interest expense is expected to increase by 20%
LYV · EX-99.1 · Q4 FY2025
2026-02-19 21:29:38 UTCOpen source
2026-07-30 20:22:02 UTCincrease in line with AOI growthnew
•Corporate / Other and Eliminations expense expected to increase in line with AOI growth
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-07-30 20:22:02 UTCdouble-digit AOI growthmaintained10% – 19% vs FY2025
•For the full year, Concerts remains on track to deliver double-digit AOI growth, with the majority of the year-over-year improvement occurring in Q4, and continued margin expansion
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTCdouble-digit AOI growthmaintained10% – 19% vs FY2025
For the full year, Concerts on track to deliver double-digit AOI growth with margins positioned to build on last year’s
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-02-19 21:31:30 UTCdouble-digit AOI growthnew10% – 19% vs FY2025
Concerts expected to deliver double-digit AOI growth for the full year
LYV · EX-99.1 · Q4 FY2025
2026-02-19 21:29:38 UTCOpen source
2026-07-30 20:22:02 UTCgrow double digits for the yearmaintained10% – 19% vs FY2025
•Sponsorship AOI expected to grow double digits for the year, with 95% of sponsorship commitments booked for 2026
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTCgrow double-digits10% – 19% vs FY2025
AOI expected to grow double-digits for the full year, driven by venue portfolio expansion including naming rights across major arenas and festivals globally
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-02-19 21:31:30 UTCheavily driven by our venue portfolio expansion and global festivalsnew
Sponsorship AOI growth expected to be heavily driven by our venue portfolio expansion and global festivals
LYV · EX-99.1 · Q4 FY2025
2026-02-19 21:29:38 UTCOpen source
2026-07-30 20:22:02 UTCgrow mid-single digits for the full yearraised +200.0%4% – 6% vs FY2025
•Ticketmaster AOI positioned to grow mid-single digits for the full year, led by strong concert activity and expanding global client base
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTCimpact full-year Ticketmaster AOI by mid-single digitsnew-6% – -4% vs FY2025
Ongoing efforts to reduce scalper activity expected to impact full-year Ticketmaster AOI by mid-single digits
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source
2026-07-30 20:22:02 UTCsimilar to last year
•Margins expected to be similar to last year
LYV · EX-99.1 · Q2 FY2026
2026-07-30 20:20:07 UTCOpen source
2026-05-05 20:18:02 UTCsimilar to last yearnew
Full year AOI margin expected to be similar to last year
LYV · EX-99.1 · Q1 FY2026
2026-05-05 20:16:22 UTCOpen source