LIVE NATION ENTERTAINMENT, INC. (LYV) FY2024 Q3 P&L / Income Statement

LIVE NATION ENTERTAINMENT, INC. (LYV) FY2024 Q3 P&L / Income Statement

Income statement for 2024-07-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

7,651,087,000 US dollars

Cost of revenue (calculated)

5,780,188,000 US dollars

Gross profit (calculated)

1,870,899,000 US dollars

Operating costs, net of other operating income (calculated)

1,231,374,000 US dollars

Operating income

639,525,000 US dollars

Other income (expense), net (calculated)

negative 53,613,000 US dollars

Income before income taxes

585,912,000 US dollars

Income tax expense

70,229,000 US dollars

Net income

515,683,000 US dollars

Concerts

6,580,595,000 US dollars

Ticketing

693,704,000 US dollars

Sponsorship and Advertising

390,345,000 US dollars

Corporate Segment

0 US dollars

Direct operating expenses

5,780,188,000 US dollars

Selling, general and administrative expenses

1,005,418,000 US dollars

Depreciation and amortization

137,001,000 US dollars

Corporate expenses

92,923,000 US dollars

Gain (Loss) on Disposition of Other Assets

negative 3,968,000 US dollars

Revenue before reconciliation (calculated)

7,664,644,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Intersegment Eliminations

negative 13,557,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to LIVE NATION ENTERTAINMENT, INC.: $451.81 M; to noncontrolling interests: $63.88 M.