<span item_type="fundamental" item_id="ef1d60ffcdc2f30602d82dcd4cf52040" counter_id="ST/US/SEATW" env="prod"></span><span item_type="announcement" item_id="579754324373996289" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 136.37 M.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -16.74 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Revenues</strong>: $136.4 million for Q3 2025, a decrease of 27% from $186.6 million in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1856031/000119312525267994/seat-ex99_1.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: $19.7 million in Q3 2025, compared to a net income of $9.2 million in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1856031/000119312525267994/seat-ex99_1.htm"></span></li><li><strong>Adjusted EBITDA</strong>: $4.9 million in Q3 2025, down from $34.1 million in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1856031/000119312525267994/seat-ex99_1.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: - $53.4 million for the nine months ended September 30, 2025, compared to $6.1 million provided in the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1856031/000119312525267994/seat-ex99_1.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Marketplace Gross Order Value (GOV)</strong>: $618.1 million in Q3 2025, down 29% from $871.7 million in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1856031/000119312525267994/seat-ex99_1.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>Vivid Seats anticipates Marketplace GOV for 2026 to be in the range of $2.2 billion to $2.6 billion and Adjusted EBITDA to be between $30.0 million and $40.0 million. The company is focused on maximizing operating efficiency and has set a cost savings target of $60 million, which will support reinvestment in its value proposition. The simplification of the corporate structure is expected to result in significant tax savings and reduced compliance costs.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1856031/000119312525267994/seat-ex99_1.htm"></span></li></ul>

Vivid Seats - CW25 | 8-K: FY2025 Q3 Revenue: USD 136.37 M