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LIVE NATION ENTERTAINMENT, INC. FY 2025 10-K, explained in plain English

LYV · 10-K for the period ending December 31, 2025, filed February 19, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$25.2B
Gross margin— not reported
Operating income$1.3B
Net income$496.0M
Diluted EPS−$0.24
Cash & equivalents$7.1B
Total assets$22.9B
Long-term debt$7.6B

Key takeaway

Revenue reached $25.2 billion for 2025, with international operations contributing about 43% of the total.

🔒 4 more takeaways in the full analysis

Beneath the surface

Despite $496 million in net income, diluted EPS was negative $0.24, indicating a large portion of income (about $463.5 million per the noncontrolling interest reconciliation) was attributable to noncontrolling interests, not common shareholders.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for LYV.

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