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VOL. 8 · MUSIC · ENTERTAINMENT · CELEBRITIES · BUSINESS
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— The Magazine of Music & Culture —
THE BUSINESS OF LIVE · 14 min

The Highest-Grossing Tours of All Time, Adjusted for Inflation

Three tours have crossed $1 billion. Restate forty years of Boxscore in today's money and you can see which records were really records.

— By Authority Daily · OCTOBER 28, 2026 —
Editorial cover reading The Billion Dollar Tours in bold type beside a ring motif

Concert grosses are reported in the money of their day, so every all-time touring list quietly favors recent tours. A ticket in 1995 cost less, and so did everything else. Ranking a 1995 gross against a 2024 gross in raw dollars is like ranking a 1995 salary against a 2024 salary.

So we redid the list. Below are the 20 highest-grossing tours as reported by Billboard Boxscore and Pollstar, then the same list restated in 2025 dollars, the record’s progression since 1984, and the year-by-year leaders. Every adjustment uses the U.S. Bureau of Labor Statistics consumer price index (method at the end).

The short version

  • The Eras Tour is No. 1 either way. It grossed $2,077,618,725 from 149 shows, per The New York Times. That is about $2.13 billion in 2025 dollars, and about 40% more than the No. 2 tour even after adjustment.
  • Only three tours have crossed $1 billion: Eras, Coldplay’s Music of the Spheres ($1.52 billion) and The Weeknd’s After Hours til Dawn, which reached $1.07 billion in September 2026 and was still running.
  • Inflation reshuffles the rest. U2’s 360° Tour grossed $736.4 million in 2011. That is about $1.05 billion today, enough to move it from seventh to fourth.
  • Per show, the leaders are short, huge tours. Eras averaged $13.9 million a show. BTS’s 2026 Arirang tour has averaged $11.7 million over 44 shows, more than any tour on the list except Eras.
  • 2025 was a correction. Pollstar’s top 100 tours grossed $8.9 billion, down 6.1% from 2024, and the No. 1 tour of the year made $407.6 million.

The all-time top 20

RankArtistTourYearsShowsGrossIn 2025 dollarsPer show
1Taylor SwiftThe Eras Tour2023–2024149$2,077.6M$2,132.3M$13.9M
2ColdplayMusic of the Spheres World Tour2022–2025223$1,524.4M$1,524.4M$6.8M
3The WeekndAfter Hours til Dawn Tour †2022–2026158$1,070.0M$1,070.0M$6.8M
4Elton JohnFarewell Yellow Brick Road2018–2023330$939.1M$992.3M$2.8M
5Ed Sheeran+−=÷× Tour2022–2025169$875.7M$875.7M$5.2M
6Ed Sheeran÷ Tour2017–2019255$776.2M$977.5M$3.0M
7U2360° Tour2009–2011110$736.4M$1,054.1M$6.7M
8Bruce Springsteen & the E Street Band2023–2025 Tour2023–2025129$729.7M$729.7M$5.7M
9MetallicaM72 World Tour †2023–202786$668.4M$668.4M$7.8M
10Harry StylesLove On Tour2021–2023169$617.3M$652.3M$3.7M
11PinkSummer Carnival2023–202497$584.7M$600.1M$6.0M
12Guns N’ RosesNot in This Lifetime… Tour2016–2019158$584.2M$735.7M$3.7M
13BeyoncéRenaissance World Tour202356$579.9M$612.7M$10.4M
14ShakiraLas Mujeres Ya No Lloran World Tour2025–2026124$565.5M$565.5M$4.6M
15RammsteinStadium Tour2019–2024141$563.0M$577.8M$4.0M
16The Rolling StonesA Bigger Bang Tour2005–2007144$558.3M$866.9M$3.9M
17The Rolling StonesNo Filter Tour2017–202158$546.5M$649.3M$9.4M
18ColdplayA Head Full of Dreams Tour2016–2017114$523.0M$687.0M$4.6M
19BTSArirang World Tour202644$516.8M$516.8M$11.7M
20Zach BryanThe Quittin’ Time Tour2024–202592$477.7M$477.7M$5.2M

† Ongoing when last reported. Grosses and show counts are as reported by Billboard Boxscore and Pollstar and compiled in Wikipedia’s list of highest-grossing concert tours. Primary reports for key rows: Eras (NYT), The Weeknd (Pollstar), Elton John (Billboard), Ed Sheeran’s ÷ Tour (Billboard), BTS (Billboard). The “2025 dollars” and “per show” columns are our calculations.

What changes when you adjust for inflation

The highest-grossing tours of all time in 2025 dollarsHorizontal bars, inflation-adjusted gross. The Eras Tour leads at about $2.13 billion, then Coldplay’s Music of the Spheres at $1.52 billion, The Weeknd at $1.07 billion and U2’s 360° Tour at $1.05 billion.Gross adjusted to 2025 dollars (CPI-U), top 12 of the all-time top 20Taylor Swift — The Eras TourTaylor Swift — The Eras Tour: $2.13B — 2023–2024; actual gross $2.08B$2.13BColdplay — Music of the SpheresColdplay — Music of the Spheres: $1.52B — 2022–2025; actual gross $1.52B$1.52BThe Weeknd — After Hours til DawnThe Weeknd — After Hours til Dawn: $1.07B — 2022–2026; actual gross $1.07B$1.07BU2 — 360°U2 — 360°: $1.05B — 2009–2011; actual gross $736M$1.05BElton John — Farewell Yellow Bric…Elton John — Farewell Yellow Bric…: $992M — 2018–2023; actual gross $939M$992MEd Sheeran — ÷Ed Sheeran — ÷: $978M — 2017–2019; actual gross $776M$978MEd Sheeran — +−=÷×Ed Sheeran — +−=÷×: $876M — 2022–2025; actual gross $876M$876MThe Rolling Stones — A Bigger BangThe Rolling Stones — A Bigger Bang: $867M — 2005–2007; actual gross $558M$867MGuns N' Roses — Not in This Lifet…Guns N' Roses — Not in This Lifet…: $736M — 2016–2019; actual gross $584M$736MBruce Springsteen — 2023–2025Bruce Springsteen — 2023–2025: $730M — 2023–2025; actual gross $730M$730MColdplay — A Head Full of DreamsColdplay — A Head Full of Dreams: $687M — 2016–2017; actual gross $523M$687MMetallica — M72Metallica — M72: $668M — 2023–2027; actual gross $668M$668M
Sources: Billboard Boxscore and Pollstar grosses as compiled in Wikipedia’s list of highest-grossing tours; inflation adjustment by Authority Daily using BLS CPI-U annual averages (FRED), to 2025 dollars.

Three things stand out once every gross is in the same money.

U2 360° was a billion-dollar tour in all but name. It grossed $736.4 million when it ended in 2011. Prices have risen about 43% since then, so in 2025 dollars it is worth about $1.05 billion. That puts it fourth all-time, just behind The Weeknd’s still-running tour. It also did it in 110 shows, far fewer than Coldplay’s 223 or Elton John’s 330.

Ed Sheeran’s earlier tour was the bigger one. In raw dollars, his +−=÷× Tour (2022–2025, $875.7 million) beats his ÷ Tour (2017–2019, $776.2 million), and Billboard reported the newer tour as the bigger of the two. In 2025 dollars the order flips: the ÷ Tour is worth about $978 million. The increase in nominal dollars is smaller than six years of inflation.

The Eras Tour gets bigger, not smaller. Because it ended in 2024, the adjustment adds about 2.6%, to roughly $2.13 billion. Coldplay’s tour ended in 2025, our base year, so it gets no adjustment at all. The gap between first and second actually widens slightly.

How the record moved: 1984 to today

The record for highest-grossing tour has fifteen entries since 1984, counting tours that raised their own record. Restated in 2025 dollars, the progression looks steadier than the raw numbers suggest:

Year record setArtistTourGross at the timeIn 2025 dollars
1984The JacksonsVictory Tour$75M$232M
1985Bruce Springsteen & the E Street BandBorn in the U.S.A. Tour$90M$269M
1989Michael JacksonBad World Tour$125M$325M
1989Pink FloydA Momentary Lapse of Reason Tour$135M$351M
1990The Rolling StonesSteel Wheels/Urban Jungle Tour$175M$431M
1994Pink FloydThe Division Bell Tour$250M$543M
1995The Rolling StonesVoodoo Lounge Tour$320M$676M
2006U2Vertigo Tour$333M$532M
2006The Rolling StonesA Bigger Bang Tour$437M$698M
2007The Rolling StonesA Bigger Bang Tour (final)$558.3M$867M
2011U2360° Tour$736.4M$1,054M
2019Ed Sheeran÷ Tour$776.2M$978M
2023Elton JohnFarewell Yellow Brick Road$939.1M$992M
2023Taylor SwiftThe Eras Tour (first $1B)$1,039.3M$1,098M
2024Taylor SwiftThe Eras Tour (final)$2,077.6M$2,132M

Timeline as compiled in Wikipedia’s list, from Billboard, Pollstar and contemporary reports. Inflation adjustment ours.

Two things in that table are easy to miss in the raw numbers:

  1. U2’s Vertigo Tour (2006) took the record in raw dollars, but not in real ones. Its $333 million is worth about $532 million today, less than the $676 million the Rolling Stones’ Voodoo Lounge Tour earned in 1995 money. The Voodoo Lounge record stood for 11 years. The Stones set the all-time record three times, more than any other act.
  2. Two records fell in 2019 and 2023 only because of inflation. Ed Sheeran’s ÷ Tour passed U2 360° in raw dollars, but in 2025 dollars it is about $76 million short. Elton John’s farewell tour was smaller in real terms than U2 360° too. The first tour since 2011 to set a real-terms record was the Eras Tour.

The top tour of every year, in 2025 dollars

The top-grossing tour of each year, 1987–2025, in 2025 dollarsColumns for each year from 1987 to 2025. Most years sit between $100 million and $550 million in 2025 dollars; the two Eras Tour years, 2023 and 2024, are red and reach about $1.1 billion each.No. 1 tour of the calendar year (Pollstar/Billboard), adjusted to 2025 dollars · red = The Eras Tour$0$250M$500M$750M$1.0B: $99M — U2, The Joshua Tree Tour — actual $35M: $75M — Pink Floyd, A Momentary Lapse of Reason Tour — actual $28M: $255M — The Rolling Stones, Steel Wheels Tour — actual $98M1990: $183M — New Kids on the Block, The Magic Summer Tour — actual $74M1990: $82M — Grateful Dead, Summer Tour — actual $35M: $154M — U2, Zoo TV Tour — actual $67M: $102M — Grateful Dead, Grateful Dead Tour 1993 — actual $46M: $263M — The Rolling Stones, Voodoo Lounge Tour — actual $121M1995: $477M — The Rolling Stones, Voodoo Lounge Tour — actual $226M1995: $124M — Eagles, Hell Freezes Over Tour — actual $60M: $278M — U2, PopMart Tour — actual $138M: $382M — The Rolling Stones, Bridges to Babylon Tour — actual $193M: $172M — The Rolling Stones, No Security Tour — actual $89M2000: $229M — Tina Turner, Twenty Four Seven Tour — actual $122M2000: $260M — U2, Elevation Tour — actual $143M: $226M — Paul McCartney, Driving World Tour — actual $126M: $524M — The Rolling Stones, Licks Tour — actual $300M: $213M — Madonna, Re-Invention World Tour — actual $125M2005: $429M — U2, Vertigo Tour — actual $260M2005: $679M — The Rolling Stones, A Bigger Bang Tour — actual $425M: $330M — The Police, Reunion Tour — actual $212M: $421M — Madonna, Sticky & Sweet Tour — actual $282M: $468M — U2, 360° Tour — actual $312M2010: $297M — Bon Jovi, The Circle Tour — actual $201M2010: $420M — U2, 360° Tour — actual $293M: $428M — Madonna, The MDNA Tour — actual $305M: $359M — Bon Jovi, Because We Can — actual $260M: $394M — One Direction, Where We Are Tour — actual $290M2015: $341M — Taylor Swift, The 1989 World Tour — actual $251M2015: $360M — Bruce Springsteen & E Street Band, The River Tour 2016 — actual $268M: $416M — U2, The Joshua Tree Tour 2017 — actual $317M: $554M — Ed Sheeran, ÷ Tour — actual $432M: $271M — Pink, Beautiful Trauma World Tour — actual $215M2020: $108M — Elton John, Farewell Yellow Brick Road — actual $87M2020: $137M — The Rolling Stones, No Filter Tour — actual $116M: $376M — Coldplay, Music of the Spheres World Tour — actual $342M: $1.1B — Taylor Swift, The Eras Tour — actual $1.04B: $1.1B — Taylor Swift, The Eras Tour — actual $1.04B2025: $408M — Beyoncé, Cowboy Carter Tour — actual $408M2025
Sources: Billboard Boxscore and Pollstar grosses as compiled in Wikipedia’s list of highest-grossing tours; inflation adjustment by Authority Daily using BLS CPI-U annual averages (FRED), to 2025 dollars.

For four decades, the biggest tour of any one year mostly earned between $100 million and $550 million in today’s money. The best years before 2023 were the Rolling Stones in 2006 (about $679 million in 2025 dollars), Ed Sheeran in 2018 ($554 million) and the Stones again in 2003 ($524 million). Then the Eras Tour grossed about $1.1 billion in a single calendar year, twice. In real terms, that is about 60% more than any previous year’s leader.

2025 went back to the old pattern. Pollstar’s year-end analysis called it “a return to earth”:

Pollstar top 100 worldwide tours2025Change vs 2024
Total gross$8.9 billion−6.1%
Tickets sold67.3 million−3.7%
Average ticket price$132.62−2.4%
No. 1 tourBeyoncé, Cowboy Carter Tour, $407.6M—
No. 2 tourOasis, Oasis Live ‘25, $405.4M—
No. 3 tourColdplay, Music of the Spheres, $390.5M—

Pollstar also noted that the average ticket price, though lower, was still above its 2022 and 2023 levels. Average gross and attendance per show both rose.

Per show: why short tours can rank so high

Average gross per show, top 10 of the all-time top 20Horizontal bars of gross divided by shows. The Eras Tour averaged $13.9 million a show, BTS’s 2026 Arirang tour $11.7 million, Beyoncé’s Renaissance $10.4 million and the Rolling Stones’ No Filter $9.4 million.Actual gross ÷ number of showsTaylor Swift — The Eras TourTaylor Swift — The Eras Tour: $13.9M — 149 shows$13.9MBTS — ArirangBTS — Arirang: $11.7M — 44 shows$11.7MBeyoncé — RenaissanceBeyoncé — Renaissance: $10.4M — 56 shows$10.4MThe Rolling Stones — No FilterThe Rolling Stones — No Filter: $9.4M — 58 shows$9.4MMetallica — M72Metallica — M72: $7.8M — 86 shows$7.8MColdplay — Music of the SpheresColdplay — Music of the Spheres: $6.8M — 223 shows$6.8MThe Weeknd — After Hours til DawnThe Weeknd — After Hours til Dawn: $6.8M — 158 shows$6.8MU2 — 360°U2 — 360°: $6.7M — 110 shows$6.7MPink — Summer CarnivalPink — Summer Carnival: $6.0M — 97 shows$6.0MBruce Springsteen — 2023–2025Bruce Springsteen — 2023–2025: $5.7M — 129 shows$5.7M
Sources: Billboard Boxscore and Pollstar grosses as compiled in Wikipedia’s list of highest-grossing tours; per-show averages calculated by Authority Daily (actual dollars).

Total gross rewards stamina. Elton John played 330 shows on his farewell tour and averaged $2.8 million each. Gross per show measures demand, and it puts a different set of tours on top:

  • The Eras Tour averaged about $13.9 million a show, the highest on the list.
  • BTS’s Arirang World Tour has grossed $516.8 million from just 44 shows in 2026, about $11.7 million each. That is enough to rank 19th all-time from a single year on the road.
  • Beyoncé’s Renaissance World Tour made $579.9 million from 56 shows in 2023, about $10.4 million each.
  • The Rolling Stones’ No Filter Tour averaged $9.4 million over 58 shows, decades into the band’s career. (We wrote about the business logic of heritage acts still putting out new albums.)

Per-show gross is a function of capacity and price, so it rewards acts that can fill the biggest rooms at the highest prices. That is a different skill from staying on the road for five years.

Why touring is where the money is

For the artists on this list, the road is where the largest sums are made. We break down every income stream in how artists actually get paid in 2026. A tour gross is not artist income, though. It is the box office before venue costs, promoter shares, production, crew and taxes. The artist’s take is a share of the profit after those costs, and its size depends on the deal.

Method

  1. Grosses and shows are as reported by Billboard Boxscore and Pollstar and compiled in Wikipedia’s list of highest-grossing concert tours, current to October 2026. Key figures are linked to the primary report.
  2. Inflation adjustment uses annual averages of the U.S. CPI-U (series CPIAUCSL from the Bureau of Labor Statistics via FRED). Each gross is converted from its tour’s final year, or from 2025 for tours that ran into 2026, to 2025 dollars. BLS published no index for October 2025, so the 2025 average uses the other eleven months. This is the same convention Wikipedia’s own adjusted column uses: one price level per tour, not show by show.
  3. Per-show gross is the reported gross divided by the reported number of shows.
  4. Caveats. Grosses are in U.S. dollars at the exchange rates the trades used, and a U.S. price index is a rough deflator for tours that sold most tickets abroad. Ongoing tours (The Weeknd, Metallica) will keep growing.

Last updated: October 28, 2026.

Frequently asked questions

What is the highest-grossing tour of all time? Taylor Swift’s Eras Tour, which grossed $2,077,618,725 across 149 shows between March 2023 and December 2024. It was the first tour to pass $1 billion and is still the only one to pass $2 billion. Adjusted to 2025 dollars, it is worth about $2.13 billion, about 40% more than the next tour on the list.

Which tours have grossed more than $1 billion? Three: Taylor Swift’s Eras Tour ($2.08 billion), Coldplay’s Music of the Spheres World Tour ($1.52 billion) and The Weeknd’s After Hours til Dawn Tour, which reached $1.07 billion in September 2026 according to Pollstar and was still running. Adjusted for inflation, U2’s 360° Tour (2009–2011) would also clear $1 billion in 2025 dollars.

What is the highest-grossing tour adjusted for inflation? Still the Eras Tour, at about $2.13 billion in 2025 dollars. Inflation adjustment changes the order below it. U2’s 360° Tour rises from seventh to fourth (about $1.05 billion), Ed Sheeran’s ÷ Tour rises above his own later +−=÷× Tour, and the Rolling Stones’ A Bigger Bang Tour is worth about $867 million in today’s money.

Which tour made the most money per show? The Eras Tour averaged about $13.9 million per show. Among the all-time top 20, the next highest are BTS’s 2026 Arirang World Tour (about $11.7 million per show over 44 shows), Beyoncé’s Renaissance World Tour ($10.4 million over 56) and the Rolling Stones’ No Filter Tour ($9.4 million over 58).

Was 2025 a bigger year for touring than 2024? No. Pollstar’s year-end analysis found that its top 100 worldwide tours grossed $8.9 billion in 2025, 6.1% less than in 2024, on 67.3 million tickets (down 3.7%). The average ticket price fell 2.4% to $132.62. The year’s top tour was Beyoncé’s Cowboy Carter Tour at $407.6 million, followed by Oasis ($405.4 million) and Coldplay ($390.5 million).

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