Live Nation Q3 revenue beats estimates on higher concert attendance
LYV•Live Nation’s Q3 revenue rose 19% to $10.11 billion, beating the $9.59 billion analyst estimate, while adjusted operating income grew 14% year over year. The company expects full-year fan attendance to approach 180 million and full-year adjusted operating income growth in the high single digits.
1. Revenue and attendance rise
Live Nation reported Q3 revenue of $10.11 billion, up 19% and above the $9.59 billion analyst estimate. Adjusted operating income grew 14% year over year as global fan attendance rose 19%, including 29% growth in international markets and 13% in North America.
2. Full-year outlook
The company expects full-year fan attendance to approach 180 million, up by double digits, and adjusted operating income growth to be in the high single digits. It expects Venue Nation to host more than 75 million fans in 2026, up more than 15% year over year.
