Live Nation posted $7 billion in revenue for the second quarter of 2025, a 16 percent jump from a year ago and a significant bump from the companys first quarter earnings back in May as the concert season is now in full swing.

Operating income rose about 4 percent to $487 million, and global attendance for shows grew 14 percent to 44 million, Live Nation said. Concert revenue itself reached a record-high, Live Nation said, rising 19 percent to about $6 billion year over year, while ticketing revenue for Ticketmaster rose a much more modest 2 percent to $742 million. Sponsorship and advertising grew 9 percent to nearly $341 million. During the companys first quarter earnings three months ago, where revenue had dropped 11 percent to $3.3 billion, the company had pointed to $5.4 billion in deferred revenue to suggest more activity in the months ahead. Live Nation reported another $5.1 billion in deferred revenue for concerts this time as well, a 25 percent increase from last year. The company has sold 130 million tickets for its concerts through July and says its on pace to beat its record from last year where Live Nation sold 151 million tickets.

Global expansion continues to drive touring growth, with fan attendance hitting new highs and ticket buying strong at every price point from VIP to the back row, Live Nation CEO Michael Rapino said in a statement. To meet this momentum, were expanding our global venue portfolio and investing in the artists who make it all possible. Were continuing to deliver record revenue and concert ticket sales, and with investments focused on highgrowth markets and fan experiences, were positioned togrow operating income and adjusted operating income by double-digits this yearand for years to come.

Live Nations earnings report comes just over a week after the company announced it has increased its ownership stake in Mexican concert promoter Ocesa, with Live Nation now owning 75 percent of the company.

Beyond its strong earnings, Live Nation still faces an ongoing civil lawsuit from the Department of Justice over monopoly allegations, with the DOJ calling to break up the company. Live Nation has consistently denied the allegations.