SEAT at a glance
Vivid Seats Inc. (SEAT, SEC CIK 1856031) filed its latest 10-K annual report on March 12, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on August 4, 2026 and Form 4 insider filings as recently as September 15, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Vivid Seats Inc. (SEAT) reported revenue of $450.5 million (down 30.5% from FY2024) and net income of $806.1 million.
- As of June 30, 2025, 21 institutional investment managers tracked by SignalX reported holding Vivid Seats Inc. (SEAT) shares worth $42.1 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Arnett Austin on September 14, 2026 of 64 shares at $4.86 per share.
- In the last 90 days, SEAT insiders reported 0 open-market purchases ($0) and 2 open-market sales ($390.46) on Form 4, a net sale of $390.46.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $450.5M
- −30.5% vs prior year
- Insiders · 90 days
- 0 buys · 2 sells
- Net −$390.46
- 13F holders
- 21 funds
- $42.1M · +4 vs prior quarter
- Latest 8-K
- Aug 4, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model detail absent; focus on governance and compliance disclosure
- No new products, services, or business segments introduced or emphasized
- Strategic information deferred to 2026 proxy statement, no competitive positioning update here
- Code of Conduct posted online for transparency, replacing Form 8-K filings for amendments or waivers
- Reliance on proxy statement references for key executive compensation, ownership, and auditor details
Risk Factors
- Privacy and data security regulatory risk from California Consumer Privacy Act (CCPA) compliance and growing U.S. data privacy laws, increasing costs and litigation exposure
- Geopolitical/macro risk from Southern Nevada exposure to water and electricity shortages impacting Vegas.com operations
- Operational risk from dependence on mobile app marketplaces like Apple App Store and Google Play, with potential commission fees and restrictive policies
- Competitive risk from AI-driven search innovations disrupting traditional ticket search methods and risk of late adaptation
- Financial risk from goodwill and trademark impairments of $723M in 2025 representing 52.2% of total assets, with risk of future impairments
Management Discussion & Analysis
- Operating cash flow negative $91.6M in 2025 vs positive $53.9M in 2024, driven by $721.5M net loss and $105.9M increase in operating assets/liabilities
- Investing cash outflows $20.2M in 2025, primarily for online platform development, down from $26.7M in 2024
- Financing cash outflows $29.4M in 2025 due to share repurchases and liability payments vs inflows $86.1M in 2024 from loan refinancing
- Recorded goodwill impairment charge $660.7M and intangible asset impairment $62.3M in 2025 due to lowered financial outlook
- Management highlights risks from declining profitability trends and potential future impairment charges impacting fiscal 2026 results
AI summary of the SEAT 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue $129.9M, down 10% YoY from $143.6M
- Net loss $14.3M vs $263.3M; adjusted EBITDA $12.6M vs $14.4M
- Best category Sports revenue $41.7M, up 16% YoY; worst Theater revenue $15.9M, down 33%
- Marketplace revenue $103.9M, down 9%; Resale revenue $25.9M, down 11%
- Headwinds: economic uncertainty, marketing competition, lower order volumes, and nonrecurring FIFA World Cup demand
Risk Factors
- Newly expanded AI search risk from consumers shifting away from traditional live-event ticket searches
- Most materially updated distribution risk: loss of a significant Private Label Offering partner in 2025 reduced Marketplace orders and revenue
- Regulatory exposure across privacy, data security, AI, consumer protection, payments, and ticket-resale requirements
- Near-term competition risk from rivals’ higher marketing bids, pressuring search-engine acquisition costs
- Goodwill impairment risk: $283.5 million balance represented 41.2% of total assets at June 30, 2026
AI summary of the SEAT 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Item 2.02 text contains only a filing-incorporation disclaimer
- No fiscal 2026 earnings figures or operating results provided
Item EX-99.1: Item EX-99.1
- Q2 revenue $129.9M and Marketplace GOV $659.4M, both below 2025 levels despite FIFA World Cup demand
- Adjusted EBITDA $12.6M versus $14.4M, signaling weaker underlying profitability
Item 5.07: Submission of Matters to a Vote of Security Holders
- Craig Dixon and Adam Stewart reelected as Class II directors through the 2029 annual meeting
- Director elections received 7,626,252 and 7,730,187 votes for, respectively
Item 2.02: Results of Operations and Financial Condition
- Item 2.02 text contains no earnings results or reporting-period information
- Investors should review the filing’s referenced exhibit for financial results and management commentary
Item 7.01: Regulation FD Disclosure
- Standard forward-looking statement disclaimer, limiting reliance on projections and highlighting material risk of actual results differing
- Risk factors cross-referenced to Vivid Seats’ latest Form 10-K, Form 10-Q filings, press releases, and SEC reports
Item EX-99.1: Item EX-99.1
- Q1 2026 revenue $125.8M and Marketplace GOV $612.4M, down from $164.0M and $820.4M in Q1 2025
- Adjusted EBITDA fell to $9.5M from $21.7M, while net loss widened to $14.6M from $9.8M
AI summaries of SEAT 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for SEAT
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Arnett Austin | Sell | Sep 14, 2026 | 64 | $4.86 |
| Arnett Austin | M | Sep 11, 2026 | 68 | - |
| Pickus Edward | M | Sep 11, 2026 | 808 | - |
| Pickus Edward | M | Sep 11, 2026 | 8,601 | - |
| Arnett Austin | M | Sep 11, 2026 | 3,543 | - |
| Arnett Austin | F | Sep 11, 2026 | 1,247 | $4.95 |
| Pickus Edward | M | Sep 11, 2026 | 10,892 | - |
| Pickus Edward | F | Sep 11, 2026 | 4,170 | $4.95 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $597.4M | $647.9M | $450.5M |
| Net Income | $69.4M | $13.4M | $806.1M |
| Net Margin | 11.6% | 2.1% | 178.9% |
| Balance Sheet | |||
| Total Assets | $1.6B | $1.6B | $636.9M |
| Equity | $105.0M | $261.1M | -$85.1M |
| ROE | 66.1% | 5.1% | -946.9% |
| Per Share | |||
| EPS | $5.15 | $1.12 | - |
| Cash Flow | |||
| Operating CF | $147.3M | $53.9M | -$91.6M |
| CapEx | $895K | $4.2M | $2.2M |
Source: XBRL data in Vivid Seats Inc. (SEAT)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2025Aggregate SEAT share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2025 | 21 | $42.1M |
| Q1 2025 | 17 | $57.3M |
| Q4 2024 | 15 | $82.4M |
| Q3 2024 | 14 | $25.6M |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 67 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
SEAT filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 15, 2026 | - | - | - |
| 4 | Sep 15, 2026 | - | - | - |
| 4 | Sep 15, 2026 | - | - | - |
| 4 | Sep 15, 2026 | - | - | - |
| 4 | Sep 15, 2026 | - | - | - |
| 4 | Aug 14, 2026 | - | - | - |
| 4 | Aug 14, 2026 | - | - | - |
| 4 | Aug 14, 2026 | - | - | - |
| 8-K | Aug 4, 2026 | - | Analysis | - |
| 10-Q | Aug 4, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Jun 15, 2026 | - | - | - |
| 8-K | Jun 15, 2026 | - | Analysis | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 5, 2026 | - | - | |
| 4 | Jun 5, 2026 | - | - |
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SEAT SEC filings: frequently asked questions
Are SEAT insiders buying or selling?
In the last 90 days, Vivid Seats Inc. (SEAT) officers, directors and 10% owners reported no open-market purchases and 2 open-market sales worth $390 by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold SEAT stock?
As of June 30, 2025, the largest Vivid Seats Inc. (SEAT) holders among the 13F filers tracked by SignalX were FMR LLC (Fidelity) ($9.3 million), Vanguard Group Inc ($9.0 million), BlackRock ($8.8 million), Ameriprise Financial ($3.8 million), Dimensional Fund Advisors ($2.6 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was SEAT's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Vivid Seats Inc. (SEAT) reported revenue of $450.5 million (down 30.5% from FY2024) and net income of $806.1 million. The figures come from the XBRL data in the 10-K.
What are the main risks in SEAT's latest 10-K?
In the 10-K filed March 12, 2026, Vivid Seats Inc. (SEAT) flagged: Privacy and data security regulatory risk from California Consumer Privacy Act (CCPA) compliance and growing U.S. data privacy laws, increasing costs and litigation exposure. Geopolitical/macro risk from Southern Nevada exposure to water and electricity shortages impacting Vegas.com operations. (AI summary of the Risk Factors section.)
What did SEAT report in its latest 8-K?
Vivid Seats Inc. (SEAT) filed an 8-K on August 4, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Item 2.02 text contains only a filing-incorporation disclaimer.
What are the latest SEAT SEC filings?
Vivid Seats Inc. (SEAT) filed its latest 10-K annual report on March 12, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on August 4, 2026 and a Form 4 insider filing on September 15, 2026.
What is SEAT's SEC CIK number?
Vivid Seats Inc. (SEAT)'s SEC Central Index Key (CIK) is 1856031. EDGAR lists every SEAT filing under that number.
Ask anything about SEAT
The research agent reads SEAT's filings, financials, insider trades and 13F holders, then answers with sources.