Live Nation is on the move to have its biggest year to date after releasing its record third quarter 2025 results.
According to the earnings report, total revenue for the third quarter came in at $8.5 billion, up from $7.7 billion in the same quarter last year and $7 billion in the second quarter of 2025. This is an 11 percent increase over last year, when the company touted this summer’s concert season as its biggest ever.
To put it into perspective, Live Nation signals that 2025 may continue its growth in a record year. For the first nine months of 2025, total revenue was $18.89 billion, up eight percent from last year’s $17.5 billion. AOI so far stands at $2.17 billion, up nine percent from 2024’s $1.99 billion.
“Strong fan demand drove another record quarter as we continue to attract more fans to more shows globally,” said Live Nation President and CEO Michael Rapino. “With these tailwinds, 2026 is off to a strong start with double-digit growth in our pipeline of large arena shows and increased sales levels for those shows. At the same time, we continue to invest in new venues to grow the market, create jobs and give artists even more ways to reach fans, putting Live Nation on a clear path for this operating income and double-digit growth next year and double-digit growth next year.”
Elsewhere, AOI saw a 14 percent increase to $1.03 billion from $909.8 million in the same quarter last year. That’s also a significant change from Q2 2025, when AOI brought in $798.4 million. Operating profit increased by 24 percent to $793 million compared to last year’s third quarter.
Ticket sales rose four percent to 150 million fans in 2025, forecasting 160 million fans for the full year. The company noted that growth is led by international markets, where the number of fans is expected to surpass the United States for the first time.
