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

- Company: LIVE NATION ENTERTAINMENT, INC. (LYV)
- Period: 2024-07-01 to 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-11-12, accession number 0001335258-24-000156
- Page: https://plicit.ai/financials/lyv/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/lyv-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Business Segment

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.