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EB

Eventbrite, Inc.

EB

Eventbrite, Inc. NYSE
$2.49 1.22% (+0.03)

Market Cap $243.18 M
52w High $4.12
52w Low $1.81
Dividend Yield 0%
P/E -22.64
Volume 242.85K
Outstanding Shares 97.66M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $71.743M $49.616M $6.369M 8.878% $0.07 $9.261M
Q2-2025 $72.758M $55.447M $-2.107M -2.896% $-0.022 $4.067M
Q1-2025 $73.833M $59.151M $-6.611M -8.954% $-0.07 $-741K
Q4-2024 $76.464M $59.962M $-8.376M -10.954% $-0.089 $-2.466M
Q3-2024 $77.801M $62.21M $-3.768M -4.843% $-0.039 $2.471M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $402.769M $744.586M $555.469M $189.117M
Q2-2025 $490.504M $784.065M $606.868M $177.197M
Q1-2025 $502.911M $812.283M $639.029M $173.254M
Q4-2024 $441.49M $752.301M $582.072M $170.229M
Q3-2024 $555.622M $817.373M $637.535M $179.838M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $6.369M $36.654M $-1.104M $-61.872M $-27.827M $36.65M
Q2-2025 $-2.107M $-17.53M $-1.126M $-1.658M $-12.407M $-18.656M
Q1-2025 $-6.611M $59.426M $24.27M $-615K $86.38M $58.696M
Q4-2024 $-8.376M $-50.055M $-727K $-11.339M $-66.426M $-50.781M
Q3-2024 $-3.768M $49.354M $30.048M $-124.299M $-44.542M $47.026M

Five-Year Company Overview

Income Statement

Income Statement Eventbrite’s revenue has grown steadily over the past several years, and the core business now generates a solid level of gross profit. However, the company has consistently reported operating and net losses, even though those losses have narrowed meaningfully over time. Profitability metrics such as EBITDA have moved from clearly negative to close to breakeven, showing better cost discipline and operating leverage. More recently, the company has started to post profitable quarters despite some pressure on revenue, suggesting a shift toward a leaner, margin‑focused model. Overall, the income statement tells the story of a company that has largely fixed its cost structure but is still working to pair that with durable top‑line growth.


Balance Sheet

Balance Sheet The balance sheet shows a business with a sizable cash cushion compared with its total asset base, although that cash pile has gradually come down from earlier pandemic‑era peaks. Debt increased a few years ago but has since been scaled back, which reduces financial risk but still leaves some leverage in the structure. Shareholders’ equity has shrunk versus earlier years and remains relatively thin, which limits the buffer to absorb shocks. Assets overall have been broadly stable, pointing to a company that has not aggressively expanded its physical or long‑term investment base. In short, the balance sheet looks reasonably liquid but not especially robust in terms of equity strength.


Cash Flow

Cash Flow Cash flow from operations has turned consistently positive after a difficult year early in the period, showing that the core business can now fund itself on a cash basis. Free cash flow has been modest but generally positive, aided by very light capital spending needs. This means Eventbrite has not had to pour large amounts into physical assets to grow, which helps flexibility. However, the margin of safety in cash generation is still relatively slim, so any setback in revenue or costs could quickly show up in weaker cash flow. Overall, the cash profile is improving but not yet comfortably abundant.


Competitive Edge

Competitive Edge Eventbrite operates a two‑sided marketplace that connects event creators with attendees, which naturally benefits from network effects: more events attract more attendees, and vice versa. Its brand is well known in the self‑service event space, especially for small and midsized organizers who want an easy‑to‑use platform rather than bespoke enterprise solutions. The company competes with large ticketing players that focus on big venues, as well as community‑oriented and social platforms that facilitate gatherings, so competition is intense and fragmented. Eventbrite’s focus on a broad range of event types and self‑service tools helps differentiate it, but it must keep improving discovery and marketing features to stay top of mind. The moat is real but not untouchable, and it depends heavily on keeping both sides of the marketplace engaged and satisfied.


Innovation and R&D

Innovation and R&D Eventbrite has leaned heavily into product innovation, especially in AI tools that help creators generate event descriptions, imagery, and marketing content more quickly. Its marketing suite, including Eventbrite Boost and Eventbrite Ads, aims to make it easier for organizers to promote events across social platforms and measure results in one place. The company’s open API and integrations with third‑party tools add flexibility and make Eventbrite more of a hub in the event management workflow. Strategically, it is pushing toward a “discovery‑first” experience, redesigning its app to emphasize personalized recommendations, curated lists, and social proof. The key uncertainty is whether these innovations will meaningfully lift ticket volume and advertising demand enough to drive sustained revenue growth, not just better margins.


Summary

Eventbrite looks like a business that has moved from survival and rebuilding into a more disciplined, margin‑focused phase. Revenue has grown well from pandemic lows, losses have narrowed, and cash generation has turned positive, though profitability is still relatively fragile. The balance sheet offers decent liquidity but limited equity thickness, so large missteps would be costly. Competitively, the company benefits from a recognizable brand and marketplace network effects, but it operates in a crowded, fast‑moving space where user engagement can shift quickly. Its future trajectory will hinge on whether its AI‑driven tools, discovery‑first strategy, and advertising products can reignite consistent ticket growth while preserving the financial discipline it has recently demonstrated.