TICKDELTA
Sign in
Screener / SEC EDGAR /CIK 0001335258 /10-K filed Feb 19, 2026, compared with Feb 21, 2025 /Numbers from the XBRL of the 10-Ks
Communication peers:
FOXAECHOOMCAPPLYVNWSA
NYSE Communication · Entertainment

Live Nation Entertainment LYV

LYV quote by TradingView

We believe that we are the largest live entertainment company in the world, connecting over 805 million fans across all of our concerts and ticketing platforms in 55 countries during 2025. 10-K, Item 1

Employees
17,700
Headquarters
Beverly Hills, CA
CEO
Michael Rapino
Next results
around Feb 18, 2027
Compare with peers Embed

LYV among Communication peers

Six ratios from the latest 10-K. Each corner is the share of 18 peers the company is above, not a score.

Compare
Revenue growth: 8.8%, above 61% of 18 peers (their median 5.9%) REVENUE GROWTH 8.8% · above 61% Operating margin: 3.2%, above 19% of 16 peers (their median 19.6%) OPERATING MARGIN 3.2% · above 19% Net margin: 0.5%, above 11% of 18 peers (their median 9.7%) NET MARGIN 0.5% · above 11% FCF margin: 3.2%, above 20% of 15 peers (their median 11.6%) FCF MARGIN 3.2% · above 20% Return on capital: 8.2%, above 15% of 13 peers (their median 9.5%) RETURN ON CAPITAL 8.2% · above 15%
LYV Peer median Below the median

What changed

4 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 19, 2026 against Feb 21, 2025.

Risk factors
4 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Critical audit matters changed
New this year: Income Taxes (“As disclosed in Note 9 to the consolidated financial statements, the Company is subject to income taxes in jurisdictions, both domestic and foreign, which affect the Company’s provision for income taxes. The Company earns a significant amount of its operating income in certain foreign jurisdictions ”). No longer listed: Goodwill impairment assessment
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
3 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Critical audit matters changed
    New this year: Income Taxes (“As disclosed in Note 9 to the consolidated financial statements, the Company is subject to income taxes in jurisdictions, both domestic and foreign, which affect the Company’s provision for income taxes. The Company earns a significant amount of its operating income in certain foreign jurisdictions ”). No longer listed: Goodwill impairment assessment
  • Receivables +15.0% vs revenue +8.8% (+6.1 pts)
9 more checks with nothing to note
  • Cash from operations $1.4B vs net income $496.0M (FY ending Dec 31, 2025)
  • Inventory +12.8% vs revenue +8.8% (+4.0 pts)
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

4 paragraphs in Risk Factors that were not in the 10-K filed Feb 21, 2025. Quoted as filed.

All 4 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 21, 2025 10-K, ITEM 1A
    In foreign countries in which we operate, a risk exists that our employees, contractors or agents could, in contravention of our policies, engage in business practices prohibited by applicable United States laws and regulations, such as the United States
  2. Item 1A · new paragraph · not in the 10-K filed Feb 21, 2025 10-K, ITEM 1A
    Separately, in September 2025, the United States Federal Trade Commission, joined by the attorneys general of seven states, filed a lawsuit against us alleging that we advertised ticket prices to consumers that were deceptively lower than prices displayed at checkout, deceived consumers about the enforcement of advertised event ticket…

New risk paragraphs, against peers

Latest 10-K of each, Communication companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$16.7B$22.7B$23.2B$25.2B
Net income$266.4M$556.9M$896.3M$496.0M
Operating cash flow$1.8B$1.4B$1.7B$1.4B
Free cash flow$1.5B$924.4M$1.1B$333.6M

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$25.2B ▲ 8.8% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

Live Nation Entertainment, Beverly Hills, CA · from the 10-K filed Feb 19, 2026

We believe that we are the largest live entertainment company in the world, connecting over 805 million fans across all of our concerts and ticketing platforms in 55 countries during 2025. We believe we are the largest producer of live music concerts in the world, based on total fans that attend Live Nation events as compared to events of other promoters, connecting 159 million fans to over 11,000 artists at 55,000 events in 2025.

Headquarters
Beverly Hills, CA
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Nov 5, 2026
Incorporated in
DE

Employees, at the top of the page: "As of December 31, 2025, we had approximately 17,700 full-time employees" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 19, 2026 (open at SEC), compared with the 10-K filed Feb 21, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/LYV/export.csv") into a cell.