--- title: "Venu | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 3.901 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286566151.md" datetime: "2026-05-15T12:33:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286566151.md) - [en](https://longbridge.com/en/news/286566151.md) - [zh-HK](https://longbridge.com/zh-HK/news/286566151.md) --- # Venu | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 3.901 M Revenue: As of FY2026 Q1, the actual value is USD 3.901 M, beating the estimate of USD 3.75 M. EPS: As of FY2026 Q1, the actual value is USD -0.29, missing the estimate of USD -0.24. EBIT: As of FY2026 Q1, the actual value is USD -8.508 M. #### Total Assets Total assets for Venu Holding Corporation increased to $461.3 million as of March 31, 2026, representing a 25% increase from $370.5 million at December 31, 2025. The company noted an as-completed basis appraisal of $1.24 billion for its municipality-contributed real estate. #### Property and Equipment Property and equipment, net, rose to $381.6 million as of March 31, 2026, an increase of $75.7 million or 25% from $305.9 million at December 31, 2025. #### Capital Raise During the three months ended March 31, 2026, Venu Holding Corporation completed an equity capital raise, generating gross proceeds of $86.25 million and net proceeds of $80.1 million. #### Luxe FireSuite and Aikman Club Sales Luxe FireSuite and Aikman Club sales have cumulatively exceeded $260 million since the program’s inception. For the quarter ended March 31, 2026, Luxe FireSuite sales through the NNN model represented approximately 47% of total Luxe FireSuite sales. #### Revenue Total revenue for the three months ended March 31, 2026, was $3.9 million, an 11% increase compared to $3.5 million for the same period in 2025. Restaurant including food and beverage revenue, net, was $2,424,386 for Q1 2026, up from $2,044,916 in Q1 2025. Event center ticket and fees revenue, net, was $854,811 for Q1 2026, down from $980,439 in Q1 2025. Rental and sponsorship revenue, net, was $621,406 for Q1 2026, up from $473,804 in Q1 2025. #### Operating Costs Total operating costs for the three months ended March 31, 2026, were $15,386,858, a decrease from $22,041,523 in the prior year period. #### Operating Loss Loss from operations improved to - $11,486,255 for the three months ended March 31, 2026, compared to - $18,542,364 for the same period in 2025. #### Net Loss Net loss for the quarter was - $14,444,193, an improvement from a net loss of - $19,432,750 in the first quarter of 2025. Net loss attributable to Venu Holding Corporation was - $13,756,345 for Q1 2026, compared to - $18,063,730 for Q1 2025. Net loss attributable to common stockholders was - $13,904,215 for Q1 2026, compared to - $18,063,730 for Q1 2025. #### Cash Flow from Operating Activities Net cash used in operating activities was - $8,517,982 for the three months ended March 31, 2026, an improvement from - $9,036,985 in the prior year period. #### Cash Flow from Investing Activities Net cash used in investing activities was - $65,861,545 for the three months ended March 31, 2026, compared to - $24,048,942 for the same period in 2025. #### Cash Flow from Financing Activities Net cash provided by financing activities was $89,674,447 for the three months ended March 31, 2026, a significant increase from $19,779,579 in the prior year period. #### Cash and Cash Equivalents Cash and cash equivalents at the end of the period were $56,601,278 as of March 31, 2026, compared to $24,663,106 as of March 31, 2025. #### Outlook / Guidance Venu Holding Corporation is discussing new developments with over 45 municipalities and plans an expansion in Chattanooga, Tennessee, with a projected $300 million landmark amphitheater. Construction for The Sunset Amphitheater in Broken Arrow, OK, targets a fall 2026 opening, while the McKinney, TX, location is on track for a Q1 2027 opening. The company also launched a FireSuite Income Offering with an 11% preferred annual return backed by real estate assets. ### Related Stocks - [VENU.US](https://longbridge.com/en/quote/VENU.US.md) ## Related News & Research - [Venu Reports Expansion Plan Into Tennessee With $300 Million Amphitheater](https://longbridge.com/en/news/286123397.md) - [Venu Holding Corporation Announces Termination of Proposed Public Offering | VENU Stock News](https://longbridge.com/en/news/274075202.md) - [Yext to Announce First Quarter Fiscal Year 2027 Financial Results on June 2, 2026 | YEXT Stock News](https://longbridge.com/en/news/286970613.md) - [Home Depot Was Once My Greatest Investment, But Now It's a Flaming Mess](https://longbridge.com/en/news/286951517.md) - [Crombie Reit Announces May 2026 Monthly Distribution | CROMF Stock News](https://longbridge.com/en/news/286603129.md)