Eventbrite Revenue Drops 14% As Live Events Platform Struggles
Eventbrite's Q1 2025 revenue declined 14% despite executive optimism.
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
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
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
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