Venu Holding Corp 1Q 2026: Revenue $3.9M, EPS $(0.29) — 10-Q Summary

Venu Holding Corp reported first-quarter 2026 results with revenue rising to $3.9M and an improved net loss and EPS versus the year-ago quarter. Total revenue increased 11.5% year-over-year while net loss narrowed and diluted loss per share improved to $(0.29).Financial HighlightsRevenue was $3.901M for the three months ended Mar 31, 2026, up from $3.499M in the year‑ago quarter (11.5% YoY).Net income: Net loss attributable to common stockholders of $(13.904M) for the three months ended Mar 31, 2026, improved from a $(18.064M) loss in the year‑ago quarter (loss narrowed 23.0% YoY).Diluted EPS: Basic and diluted net loss per share of common stock $(0.29) for Q1 2026, versus $(0.48) in Q1 2025 (improved).Business HighlightsTotal revenue growth was driven by a 19% increase in restaurant and food & beverage sales and a 31% rise in rental and sponsorships; event ticket revenue fell 13% YoY as channels shifted toward F&B and sponsorships.Brand and venue momentum continued with openings including the Ford Amphitheater (Aug 2024) and Roth’s Sea & Steak/Brohan’s (Nov 2025), expanding premium offerings.Development pipeline includes multiple amphitheaters and music halls in Broken Arrow, McKinney, El Paso, Centennial and Houston to support future operations.Operational scaling drove higher labor, general & administrative expenses and depreciation as staffing and assets were added for new fine-dining venues and venue launches.Original SEC Filing: Venu Holding Corp [ VENU ] - 10-Q - May. 15, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.