Quarterly report [Sections 13 or 15(d)]

SEGMENTS AND REVENUE RECOGNITION Reconciliation of AOI (Details)

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SEGMENTS AND REVENUE RECOGNITION Reconciliation of AOI (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Reconciliation of AOI [Line Items]        
AOI $ 1,032,973 $ 909,831 $ 2,172,447 $ 1,988,569
Acquisition expenses 32,983 94,565 141,873 95,087
Amortization of non-recoupable ticketing contract advances 16,528 16,996 61,971 62,237
Depreciation and amortization 165,600 137,001 474,080 407,324
Gain on sale of operating assets 14,851 3,968 17,909 5,398
Astroworld estimated loss contingencies (553) 0 (8,353) 279,915
Stock-based compensation expense 40,815 25,712 126,912 85,450
Operating Income (Loss) $ 792,451 $ 639,525 $ 1,393,873 $ 1,063,954