CTS Eventim AG & Co. KGaA, Europe's number one ticketing and live entertainment group, reported consolidated revenue of €2.322 billion for the first nine months of 2026, an increase of 8.1% on the prior-year period. Adjusted EBITDA rose 6.3% to €359.1 million, with an adjusted EBITDA margin of 15.5%. Both the Ticketing and Live Entertainment segments delivered growth over the nine-month period, and the Executive Board confirmed it is upholding its full-year 2026 forecast, a signal investors may note given the group's international expansion ambitions.

Key Points

  • CTS Eventim AG & Co. KGaA (ISIN: DE0005470306, MDAX), Europe's number one ticketing provider and number two worldwide
  • Consolidated revenue grew 8.1% to €2.322 billion in the nine months to September 2026
  • Ticketing segment revenue up 13.1% to €708.7 million; Live Entertainment adjusted EBITDA climbed 17.0% to €93.7 million
  • Investors should watch whether the full-year 2026 forecast is maintained through Q4 and how the Operational Excellence programme affects Ticketing margins

CTS Eventim Ticketing Segment Grows Revenue 13.1% to €708.7 Million in Nine-Month Period

The Ticketing segment was a key driver of group performance, with revenue rising 13.1% year-on-year to €708.7 million in the first nine months of 2026. Adjusted EBITDA in the segment advanced 3.0% to €265.5 million, producing an adjusted EBITDA margin of 37.5%. Retail ticket sales increased from 121.3 million to 123.2 million, with a change in price mix also contributing to growth. The announcement notes that earnings performance continues to be affected by expenses connected to the group's Operational Excellence programme, which remains a cost factor investors will wish to monitor as the initiative progresses through the remainder of the financial year.

Live Entertainment Adjusted EBITDA Climbs 17.0% Despite Q3 Tour Timing Effects

The Live Entertainment segment reported nine-month revenue of €1.646 billion, up 5.7% on the prior-year period, while adjusted EBITDA rose 17.0% to €93.7 million, lifting the segment margin to 5.7%. Growth was driven by well-attended, high-revenue events and festivals, as well as the inclusion of further entities in the consolidation scope. In the third quarter alone, segment revenue declined 11.7% to €585.6 million, which the announcement attributes primarily to the timing of major tours and events, compounded by a particularly high-revenue international tour that had boosted the third quarter of 2025.

Group Q3 2026 Revenue Reaches €809.1 Million as Full-Year Forecast Upheld

At the consolidated group level, third-quarter revenue came to €809.1 million, representing a 5.3% decline compared with the same quarter of the prior year, while adjusted EBITDA for July to September was €133.8 million, down 2.6%, with a margin of 16.5%. Despite the softer quarterly comparatives, the Executive Board stated it is upholding the forecast published for 2026 and expressed optimism about business in the remaining months of the year. CTS Eventim markets over 300 million tickets annually across more than 25 countries and recorded full-year 2025 group revenue of €3.1 billion.