Eventbrite Revenue Drops 14% As Live Events Platform Struggles

Eventbrite, the global self-serve ticketing platform for live events, has posted its first quarter financials for 2025.

A snapshot:

• The platform's net revenue dropped 14% YOY from $86.23 million to $73.8 million for the first quarter.

• The net loss of $6.6 million is an increase on the $4.5 million loss in 2024 Q1.

• Gross ticket sales were $775 million, compared to $854 million for the same period in 2024.

• Adjusted EBITDA (earnings before interest, taxes, depreciation and amortisation) reached $4.6 million for the first quarter, a 56% drop from $10.4 million.

What they said:

• Julia Hartz, co-founder, chief executive and executive chair of Eventbrite remained buoyant: "We're off to a solid start in 2025, with first quarter results landing at the high end of our guidance".

• Chief Financial Officer Anand Gandhi said, "We believe that our continued focus on controlling operating expenses and delivering margin improvement positions us to return to growth with increased profitability".

• Eventbrite's results come in the wake of a similarly tough quarter for Vivid Seats