Live Nation Q3 revenue rises 11% to $8.5 billion, but diluted EPS falls to $0.73
Live Nation reported third-quarter 2025 revenue of $8.5 billion, up 11%, and operating income of $793 million, up 24%. Diluted earnings per share fell to $0.73 from $1.66 a year earlier, mainly because of a $259.9 million accretion charge on redeemable noncontrolling interests, so shareholders see strong operating growth alongside lower per-share profit. The company said it remains on track for double-digit AOI growth for the full year.
Key points
- Revenue of $8.5 billion, up 11%; operating income of $793 million, up 24%; adjusted operating income (AOI) of $1.03 billion, up 14%
- Diluted EPS of $0.73 versus $1.66 a year earlier; net income attributable to common stockholders of $431.5 million versus $451.8 million
- Accretion of redeemable noncontrolling interests of $259.9 million reduced net income available to common stockholders to $171.6 million
- Company says it is on track for double-digit AOI growth for the full year 2025 and about 160 million concert fans
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.