Eventbrite(US:EB)2025-11-06 22:00Q3 2025 Financial Performance - Paid tickets reached 19.1 million, a 3% year-over-year decrease, but an improvement from the 7.3% decline in Q2 2025[16] - Gross ticket sales totaled $748 million, down 6% year-over-year[12] - Net revenue was $71.7 million, an 8% decrease year-over-year, driven by a 5% decline in ticketing revenue[26] - Net income was $6.4 million, compared to a net loss of $3.8 million in Q3 2024, driven by a $5.8 million gain on debt extinguishment and lower operating expenses[29] - Adjusted EBITDA was $8.4 million with an Adjusted EBITDA margin of 11.7%[32] Operational Metrics - Paid creators totaled 162,000, down less than 1% year-over-year, compared to a 5% decrease in Q2 2025[19] - Average Monthly Active Users (MAUs) reached 92.3 million, flat year-over-year, but up 1.1 million from Q2 2025[22] Financial Position - Operating expenses decreased 20% year-over-year to $49.6 million, the lowest since 2021[35] - Stock-based compensation decreased 42% year-over-year to $5.9 million[38] - Debt outstanding was $175 million, down $65 million year-over-year[41] - Available liquidity was $196 million, a $52 million decrease from Q2 2025 due to a $125 million repurchase of 2026 convertible notes, partially offset by a new $60 million term loan[44] Business Outlook - The company anticipates Q4 2025 net revenue to be between $71.5 million and $74.5 million, with an Adjusted EBITDA margin of approximately 8% to 9%[46] - Fiscal year 2025 net revenue is expected to be between $290 million and $293 million, with an Adjusted EBITDA margin of approximately 8% to 9%[47]