• Venu Holding Corporation posted a net loss of USD 14.44 million, narrowing 26% from the year-earlier quarter, while operating loss improved 38% to USD 11.49 million.
• Revenue rose 11% to USD 3.9 million, reflecting a 19% increase in restaurant including food and beverage revenue to USD 2.42 million, offset by a 13% decline in event center ticket and fees revenue to USD 854,811.
• Operating costs fell 30% to USD 15.39 million, driven by an 83% drop in equity compensation expense to USD 1.96 million, while labor costs climbed 52% to USD 1.52 million.
• Interest expense more than tripled to USD 2.98 million, contributing to total other expense rising to USD 2.96 million.
• Cash and cash equivalents ended the quarter at USD 56.6 million, following net proceeds of about USD 80.1 million from a March 2026 public offering.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Venu Holding Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023363), on May 15, 2026, and is solely responsible for the information contained therein.