Direct Answer
Live Nation Entertainment reports revenue across 3 business segments in its fiscal 2025 Form 10-K. Concerts is the largest, with $20.9 billion of revenue (83% of the total), followed by Ticketing at $3.1 billion (12%).
How Does Live Nation Entertainment Make Money?
Concerts supplies 83% of revenue, so Live Nation Entertainment's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Sponsorship and Advertising grew fastest (+11.2%) and Ticketing slowest (+3.1%), so the revenue mix tilts toward Sponsorship and Advertising while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Concerts | $20.9 billion | $19.0 billion | 82.8% | 9.7% |
| Ticketing | $3.1 billion | $3.0 billion | 12.2% | 3.1% |
| Sponsorship and Advertising | $1.3 billion | $1.2 billion | 5.3% | 11.2% |
What the Segment Figures Do Not Show
The rows above add up to 100% of Live Nation Entertainment's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Live Nation Entertainment reported in the segment note and revenue disclosures of its Form 10-K filed February 19, 2026 (accession 0001335258-26-000009), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Live Nation Entertainment's business segments?
In its fiscal 2025 Form 10-K, Live Nation Entertainment reports revenue for Concerts, Ticketing and Sponsorship and Advertising.
Which part of Live Nation Entertainment brings in the most revenue?
Concerts, with $20.9 billion of revenue in fiscal 2025, or 83% of the total.
Where does Live Nation Entertainment report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 19, 2026, alongside management's discussion of each segment's results.