Live Nation Entertainment, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Live Nation Entertainment, Inc. reported net income of $495.97M on revenue of $25.20B. Operating cash flow was $1.40B and capital expenditures were $1.06B, leaving $333.61M of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.83B | $9.69B | $10.79B | $11.55B | $1.86B | $6.27B | $16.68B | $22.73B | $23.16B | $25.20B |
| Operating income | $194.94M | $91.40M | $272.54M | $324.84M | −$1.65B | −$417.86M | $722.03M | $1.08B | $824.51M | $1.25B |
| Net income | $2.94M | −$6.01M | $60.25M | $69.89M | −$1.72B | −$650.90M | $266.44M | $556.89M | $896.29M | $495.97M |
| Diluted EPS | — | — | — | — | −$8.12 | −$3.09 | $0.52 | $1.34 | $2.74 | −$0.24 |
| Operating cash flow | $598.74M | $623.52M | $941.59M | $469.78M | −$1.08B | $1.78B | $1.84B | $1.36B | $1.73B | $1.40B |
| Capital expenditures | $173.83M | $238.44M | $239.83M | $323.57M | $213.75M | $152.73M | $347.21M | $438.60M | $646.63M | $1.06B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 5.0% | 2.0% |
| Dec 2024 | — | 3.6% | 3.9% |
| Dec 2023 | — | 4.8% | 2.5% |
| Dec 2022 | — | 4.3% | 1.6% |
| Dec 2021 | — | -6.7% | -10.4% |
Source: SEC EDGAR XBRL company facts for CIK 1335258 (raw data). Most recent filing in this dataset: 10-Q filed Jul 30, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.