Eventbrite Posts $2.1M Q2 Loss

Eventbrite has released its Q2 results, revealing a slightly more optimistic quarter for the global ticketing platform, despite continued losses.

The Q2 numbers:

• Net revenue declined 14% YoY to $72.8 million, driven in part by the elimination of organizer fees. The company says this was “at the top end of the... quarterly outlook range.”

• Net loss of $2.1 million compared to net income of $1.1 million in the same period last year. This included a net benefit of $8.3 million due to a legal settlement gain recognized in June 2024.

• Adjusted EBITDA of $6.4 million and Adjusted EBITDA margin of 8.8%, exceeding the company’s outlook range.

• Paid ticket volume of 19.7 million, a decline of 7% YoY. Eventbrite points out this was a 40-basis points improvement on the quarter ended March 31, 2025, and the company’s third consecutive quarter of improvement in YoY trends.

• Paid creators of over 168,000, a 5% YoY decline, but a 200-basis points improvement from the quarter ended March 31, 2025, and the company’s third consecutive quarter of improvement in YoY trends.

• Eventbrite Ads was up 50% YoY.

• The company has also strengthened its balance sheet with a new $60 million term loan, and $125 million note repurchase.

What they said:

• Julia Hartz, Co-Founder, Chief Executive Officer, and Executive Chair: “Following the strategic initiatives we put in place over the past year, we saw continued improved trends for paid events, paid creators, and paid tickets, and in July, the improvement in paid ticket trends accelerated meaningfully, bringing us closer to our goal of returning to growth.”

• Anand Gandhi, Chief Financial Officer: “We delivered on our outlook for the quarter, with net revenue at the top of our guidance range and Adjusted EBITDA margin significantly above expectations. Our continued progress in reducing operating expenses is driving structural improvements to our cost base and substantial margin expansion, positioning us to generate greater cash flow as we return to growth.”