Venu Q2 FY26 net loss widens 60% to USD 19.73 million; revenue rises 7% to USD 4.8 million
VENU•Project update
Regent Bank Amphitheater remains slated to open in Fall 2026; naming rights sponsorship revenue is expected to start in July 2026.
Quarterly results
Venu Holding Corporation posted a net loss of USD 19.73 million, widening 60% from a year earlier.
Revenue rose 7% to USD 4.8 million, driven by restaurant growth; event center ticket and fees revenue fell 27% to USD 1.05 million.
Costs, operating loss and cash
Operating loss widened 49% to USD 15.34 million as operating costs climbed 36% to USD 20.13 million, led by general and administrative expense.
Interest expense jumped 123% to USD 4.42 million; cash and cash equivalents ended at USD 16.28 million.
