Live Nation 2025 revenue rises 9% to $25.2 billion; net income falls to $496 million
Live Nation reported full-year 2025 revenue of $25.2 billion, up 9%, and operating income of $1.3 billion, up 52%, with adjusted operating income (AOI) up 10% to $2.4 billion. Net income attributable to common stockholders fell to $496 million from $896 million in 2024, as income tax expense moved to $340 million from a benefit of $392 million the year before. Management said it expects another year of double-digit operating income and AOI growth in 2026.
Key points
- Full-year 2025 revenue of $25.2 billion, up 9%; AOI of $2.4 billion, up 10%
- Operating income of $1.3 billion, up 52% from 2024
- Net income attributable to common stockholders of $496 million, versus $896 million in 2024
- Management expects double-digit AOI growth for full-year 2026; 2026 capital expenditures expected at $1.1 to $1.2 billion
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 February 19, 2026.
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.