Live Nation Entertainment — Jul 30, 2026 release

This was a quarter of milestones: nearly 49 million fans attended our shows, Ticketmaster grew adjusted operating income 14%, and all-time-high deferred revenue points to a strong second half. The first-quarter legal accrual will weigh on reported operating income, but we remain on track for double-digit adjusted operating income growth this year — and to compound at that level for years to come." –Michael Rapino, President and CEO GLOBAL DEMAND FOR LIVE EVENTS DRIVES RECORD FAN GROWTH (2Q26 vs. 2Q25) • Revenue of $7.7 billion, up 9% • Operating income of $522 million, up 7% • Adjusted operating income (AOI) of $817 million, up 2% • Concerts revenue grew 8%, while AOI reflected the timing of shows and continued investments in venues and festivals • Ticketmaster results surpassed expectations, with AOI up 14% and 90 million fee-bearing tickets sold, up 8% • Sponsorship AOI increased 13%, fueled by the international expansion of venues and festivals • International markets powered growth across all segments: ◦ Drove attendance growth of 10%, adding approximately five million fans to a record 49 million globally ◦ Contributed 70% and 80% of Ticketmaster and Sponsorship AOI growth for the quarter, respectively 1 ARTIST ACTIVITY GLOBALLY DRIVES HIGHEST 2Q CONCERTS ATTENDANCE (2Q26 vs. 2Q25 unless otherwise noted) • Revenue of $6.4 billion, up 8% • Fan count of 49 million, up 10% ◦ International attendance at stadiums, arenas, and festivals all up over 20% ◦ U.S. attendance at amphithea