Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Revenue $ 8,499,143 $ 7,651,087 $ 18,887,901 $ 17,474,032
Operating expenses:        
Direct operating expenses 6,437,700 5,780,188 13,903,393 12,839,737
Selling, general and administrative expenses 1,008,038 1,005,418 2,790,304 2,913,199
Depreciation and amortization 165,600 137,001 474,080 407,324
Gain (Loss) on Disposition of Other Assets 14,851 3,968 17,909 5,398
Corporate expenses 110,205 92,923 344,160 255,216
Operating income 792,451 639,525 1,393,873 1,063,954
Interest expense 80,291 87,961 232,682 248,622
Interest income (36,659) (36,067) (108,613) (123,749)
Equity in losses of nonconsolidated affiliates 5,209 13,987 462 8,527
Other expense (income), net 13,792 (12,268) 53,125 (110,064)
Income before income taxes 729,818 585,912 1,216,217 1,040,618
Income tax expense 251,840 70,229 389,196 191,412
Net income 477,978 515,683 827,021 849,206
Net income attributable to noncontrolling interests 46,520 63,878 128,949 153,906
Net income attributable to common stockholders of Live Nation $ 431,458 $ 451,805 $ 698,072 $ 695,300
Earnings Per Share, Basic $ 0.74 $ 1.72 $ 0.83 $ 2.21
Earnings Per Share, Diluted $ 0.73 $ 1.66 $ 0.82 $ 2.18
Weighted average common shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 232,043,356 230,374,307 231,706,216 229,923,989
Weighted Average Number of Shares Outstanding, Diluted 234,752,332 245,319,968 234,725,805 235,928,752
Reconciliation to net income (loss) available to common stockholders of Live Nation:        
Net income attributable to common stockholders of Live Nation $ 431,458 $ 451,805 $ 698,072 $ 695,300
Accretion of redeemable noncontrolling interests (259,850) (54,536) (505,745) (186,970)
Net income available to common stockholders of Live Nation—basic 171,608 397,269 192,327 508,330
Interest on Convertible Debt, Net of Tax 0 10,790 0 6,971
Net income available to common stockholders of Live Nation—basic $ 171,608 $ 408,059 $ 192,327 $ 515,301