Note: Eventbrite was acquired by the Italian software holding company Bending Spoons for approximately $500 million and taken private (the deal closed in March 2026).
- Co-founder and CEO Julia Hartz stepped down around the time of the transition, with Andrea Parodi stepping in as general manager.
- Publishing free events remains free and standard per-ticket processing fees for paid events have held steady, but advanced marketing tools have been repackaged into optional Pro subscription tiers ($15 to $100/month).
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Eventbrite reports Q4 (Dec) results, beats on revs; guides Q1 revs below consensus
- Reports Q4 (Dec) loss of $0.17 per share, may not be comparable to the S&P Capital IQ Consensus of ($0.10); revenues rose 20.7% year/year to $75.9 mln vs the $73.22 mln S&P Capital IQ Consensus.
- Adjusted EBITDA of $7.3 million in the fourth quarter, a $7.8 million improvement over the same period the prior year; Guidance was $6.5-8.5 mln.
- Adjusted EBITDA margin of 59.1% in the quarter.
- Co issues downside guidance for Q1, sees Q1 revs of $80-84 mln vs. $91.27 mln S&P Capital IQ Consensus.
- Sees Q4 Adjusted EBITDA in the range of $4.0-8.0 mln.
Eventbrite Earnings Preview
- Eventbrite (EB) is set to report Q4 results tonight after the close with a conference call to follow at 5pm ET.
- Current Capital IQ consensus stands at a loss of ($0.10) and Revenues of $73.2 mln.
- Eventbrite (EB), the operator of an online platform to create, manage, and sell event tickets, stormed out of the gate when it went public back on September 20. Its IPO priced at the high end of the upwardly revised $21-$23 price range, opened for trading at $36, good for a 57% pop, and then surged as high as $40 over its first few days of trading. But, as the stock market weakened in early October, EB followed suit cracked below its IPO opening price. The stock would not find support until it hit the $25 level in late October. Shares have been able to rally back above the $30 level, news of a partnership with Google (GOOGL) on its YouTube TV certainly helped. Shares would straddle the $30 level in the following weeks. An attempt to break above that range (EB hit a 2-month high of $32.52 late last week) is seeing a small reversal back to the $30 level ahead of tonight's print.
- EB highlighted the seasonality in its revenues. This will place the Q1 revenue guidance as the primary driver for shares in response to tonight's report. Capital IQ consensus stands at $91 mln. A failure to guide in line would lead to selling pressure in the name, similar to what we see with Retailers and the key Q4 holiday season guidance.
Guidance
- Q4 revenues in the range of $72-74 mln.
- Q4 Adjusted EBITDA in the range of $6.5-8.5 mln.
Q3 Recap
- EB reported Q3 (Sep) GAAP loss of $1.24 per share, which was not comparable to the S&P Capital IQ Consensus of ($0.57).
- Revenues rose 45.2% year/year to $73.6 mln vs the $71.66 mln S&P Capital IQ Consensus.
- Paid tickets grew by 32.2% to 23.9 million.
- Gross margin was 57.2%, down 140 basis points year-over-year due to amortization related to the Ticketfly platform.
- Net revenue per ticket increased to $3.08 per ticket, a 9.7% increase year-over-year.
- Adjusted EBITDA was $11.2 million, up from $1.0 million in the same period last year.
EB Comments on Seasonality
- 'Finally, for our quarterly dynamics, transactional revenue has historically been consistent each quarter within a year. In the first quarter of each year, we have seen a step up from the level of the prior year as new creators launch their full event series for the year. As a result, we anticipate that our quarterly guidance will suggest consistency quarter-to-quarter within a year. For instance, our Q4 net revenue guidance will look very similar to Q3 results reported later in this letter'.
