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Venu Holding reports Q2 results, expands venues and financing

Venu Holding filed its quarterly report for the period ending June 30, 2026, reported 38% growth in total assets to $511.8 million and 7% higher first-half revenue at $8.4 million, and outlined venue expansion and financing updates.

VENU

Venu Holding (AMEX: VENU ) released second-quarter financial results and hosted an earnings call on Thursday.

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View the webcast at Summary Venu Holding reported a 38% increase in total assets to $511.8 million as of June 30, 2026, and a 7% increase in total revenue year-over-year to $8.4 million for the first half of 2026.

Strategic expansions include a new location in Chattanooga, Tennessee, and continued discussions for a Northern Colorado destination, alongside a multi-year partnership with Regent Bank for naming rights of an amphitheater in Tulsa, Oklahoma.

The company joined the Russell 3000 and Russell 2000 indices, broadening its visibility to institutional investors.

Venu secured over $150 million in CPACE financing for projects in Broken Arrow and McKinney, with bridge loans in place to maintain construction momentum.

The company anticipates significant future revenue from new venues, with Broken Arrow and McKinney expected to generate $22 million and $38-$39 million in EBITDA their first year, respectively.

Management expects profitability by Q2 or Q3 of 2027, with guidance likely to be provided by mid-2027.

CEO J.W.

Ross emphasized the intrinsic value of owning land for financing and expressed optimism about the company's growth trajectory and future profitability.

Full Transcript OPERATOR (Operator) Venu Holding issued a press release summarizing the company's 2026 second quarter performance following the filing of its quarterly report on Form 10-Q for the quarterly period ending June 30, 2026.

This conference call is being recorded and will be available online along with the earnings press release at Venu Live in accordance with the company's retention policies.

All participants on today's call are in listen-only mode.

Following our prepared remarks, we will open the line for a Q&A session.

At this time I would like to turn the call over to Heather Atkinson, Chief Financial Officer of Venu Holding.

Heather, please go ahead.

Heather Atkinson, Chief Financial Officer Thank you, and good morning, everyone.

Welcome to Venu Holding's second quarter fiscal 2026 earnings call and business update.

Today you'll hear from our founder, chairman, and CEO, J.W.

Ross, on highlights from across the business and the vision for the quarters ahead.

I'll then review our financial results.

We'll open the line for questions after our prepared remarks.

Before we begin, I want to remind everyone that various remarks about future expectations, plans, and prospects constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act.

Venu cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those indicated, including risks described in the company's most recent annual report on Form 10-K and our subsequent filings with the SEC, all of which can be reviewed at Venu Live or sec.gov.

Any forward-looking statements made on this call speak only as of today, August 13, 2026.

Venu undertakes no obligation to update any forward-looking statements except as required by federal securities laws.

With that, I would like to turn the call over to J.W.

J.W.

Ross, Founder, Chairman and CEO Thank you, Heather, and thank you to everyone joining us today.

This quarter reflected steady, deliberate progress across our entire business.

We announced our expansion into Chattanooga, Tennessee at The Bend, sited right on the edge of the Tennessee River, which I believe will become one of the most unique locations in our entire portfolio.

We're also in continued discussions on a new destination in Northern Colorado, adding to a pipeline of more than 45 municipal conversations.

A truly exciting time to be in Venu's expansion trajectory.

Regent Bank signed on as our official naming-rights partner for our state-of-the-art amphitheater outside of Tulsa, Oklahoma—a multi-year, multimillion-dollar agreement that adds long-term, high-margin revenue directly to our bottom line.