v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 7,666,858 $ 7,006,641 $ 11,459,887 $ 10,388,758
Operating expenses:        
Direct operating expenses 5,724,216 5,210,756 8,202,674 7,465,693
Selling, general and administrative expenses 1,134,965 1,003,344 2,096,484 1,782,266
Depreciation and amortization 188,459 159,025 357,755 308,480
Gain (Loss) on Disposition of Other Assets 8,516 856 14,538 3,058
Corporate expenses 105,817 147,719 666,111 233,955
Operating income 521,917 486,653 151,401 601,422
Interest expense 97,230 72,048 187,752 152,391
Interest income (42,709) (37,893) (82,176) (71,954)
Equity in losses (earnings) of nonconsolidated affiliates 4,459 (4,268) 7,342 (4,747)
Other expense (income), net (55,664) 36,380 (68,015) 39,333
Income before income taxes 518,601 420,386 106,498 486,399
Income tax expense 115,717 117,645 83,632 137,356
Net income 402,884 302,741 22,866 349,043
Net income attributable to noncontrolling interests 108,438 59,330 117,524 82,429
Net income (loss) attributable to common stockholders of Live Nation $ 294,446 $ 243,411 $ (94,658) $ 266,614
Earnings Per Share, Basic $ 1.06 $ 0.41 $ (0.78) $ 0.09
Earnings Per Share, Diluted $ 1.05 $ 0.41 $ (0.78) $ 0.09
Weighted average common shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 232,838,912 231,845,412 232,621,161 231,534,852
Weighted Average Number of Shares Outstanding, Diluted 244,036,331 234,417,428 232,621,161 234,658,608
Reconciliation to net income (loss) available to common stockholders of Live Nation:        
Net income (loss) attributable to common stockholders of Live Nation $ 294,446 $ 243,411 $ (94,658) $ 266,614
Accretion of redeemable noncontrolling interests (46,544) (147,801) (87,823) (245,895)
Net income (loss) available to common stockholders of Live Nation—basic 247,902 95,610 (182,481) 20,719
Interest on Convertible Debt, Net of Tax 8,467 0 0 0
Net income (loss) available to common stockholders of Live Nation—basic $ 256,369 $ 95,610 $ (182,481) $ 20,719