Live News • May 15
StubHub Delivers Q1 Profit and Cash Flow Growth With AI Ticketing and Lower Debt StubHub reported Q1 2026 gross merchandise sales of US$2.2b, up 7%, with revenue of US$446 million and net income of US$48 million compared with a loss in the prior year period.
Adjusted EBITDA reached US$72.1 million, roughly 50% higher year over year, for a margin of 16%, supported by changes in fee mix and cost efficiencies.
The company is pushing AI-driven tools such as its Distribution Manager, deepening integrations with primary ticketing partners, onboarding large-scale sellers, cutting debt by US$100 million, and reaffirming 2026 guidance for GMS of US$9.9b to US$10.1b and adjusted EBITDA of US$400 million to US$420 million.
The combination of profitability in Q1, stronger cash generation, and a lower net leverage ratio of 4.0x points to a business that is currently funding growth initiatives while also working on its balance sheet.
For investors, the key swing factors to watch are execution on AI and open-distribution efforts, the durability of the current fee and margin structure, and any changes in demand trends that could affect StubHub’s ability to stay within its 2026 guidance range. Reported Earnings • May 14
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$0.13 (up from US$0.12 loss in 1Q 2025). Revenue: US$446.0m (up 12% from 1Q 2025). Net income: US$48.0m (up US$83.9m from 1Q 2025). Profit margin: 11% (up from net loss in 1Q 2025). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Entertainment industry in the US. Announcement • May 04
StubHub Holdings, Inc., Annual General Meeting, Jun 23, 2026 StubHub Holdings, Inc., Annual General Meeting, Jun 23, 2026. Announcement • Apr 16
StubHub Holdings, Inc. to Report Q1, 2026 Results on May 13, 2026 StubHub Holdings, Inc. announced that they will report Q1, 2026 results After-Market on May 13, 2026 Announcement • Mar 18
StubHub Announces Launch Of StubHub Distribution Manager StubHub announced the launch of StubHub Distribution Manager, an AI-powered self-serve tool that lets artists, teams, and venues list and manage official tickets directly on its global marketplace. Distribution Manager is the first product built on top of StubHub's Open Distribution model, which the company has been scaling over the past 18 months. Distribution Manager is self-serve tool that gives rights holders a direct line to over 125 million fans. Distribution Manager puts value back into the hands of those creating the events, cutting out the middleman. Whether it's a global sports franchise or a small grassroots venue, any rights holder can now reach more fans and keep a greater share of the revenue. There are no exclusive contracts, no seller-side fees, and full control stays with the partner. Through StubHub's marketplace, partners reach over 125 million registered users across more than 200 countries and territories and 33 languages. Distribution Manager arrives as the market shifts toward open, non-exclusive distribution. The tool empowers rights holders to act on that shift. Distribution Manager doesn’t require a technical team or a complex integration. A festival manager, sports team or promoter can type something as simple as 'Help me sell tickets,' and the tool pulls up the event, identifies the ticket type, helps set a sales goal, and automatically lists the inventory on StubHub. There is no API integration required. Because the tool sits on top of more than 25 years of StubHub marketplace data, it can surface real-time pricing and demand signals. Partners see what similar events are selling for and where demand is building before a single ticket goes live. StubHub handles payments, fraud protection, and customer support. Every ticket sold through Distribution Manager comes directly from the artist, team, or venue, and is backed by StubHub's FanProtect Guarantee. Reported Earnings • Mar 05
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: US$5.98 loss per share (further deteriorated from US$0.18 loss in FY 2024). Revenue: US$1.75b (down 1.4% from FY 2024). Net loss: US$1.91b (loss widened US$1.85b from FY 2024). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Entertainment industry in the US. Announcement • Feb 25
StubHub Appoints Jack Sterne as Head of Policy Communications StubHub announced the appointment of Jack Sterne as Head of Policy Communications. In this newly created role, Sterne will lead StubHub's policy communications strategy, focusing on public affairs, legislative advocacy, industry policy issues, and regulatory communications as the company continues to advocate for policies that ensure fans can access the live events they love. Sterne joins StubHub at a transformative moment for the live events industry, as policymakers in statehouses across the country explore how to best serve fans and support the live events ecosystem. His addition to StubHub underscores the company’s commitment to building a world-class communications function that advances policies benefiting fans, artists, venues, and local economies. Sterne brings more than a decade of experience in public affairs, government, and strategic communications to StubHub. Most recently, he served as Executive Director of New York Communications at JPMorganChase, where he directed external media relations for America's largest financial services firm in its hometown. In this role, he served as a key advisor on public affairs campaigns and counseled leaders on how communications could support business priorities. During his tenure, he worked on high-profile initiatives including the opening of the firm's global headquarters at 270 Park Avenue and supporting local communications for CEO Jamie Dimon. Prior to JPMorganChase, Sterne spent three years at SKDK, one of the nation's leading public affairs and political consulting firms, where he designed and executed public affairs campaigns that supported major economic development projects and helped deliver legislative victories for homeless families with children. His government experience includes serving as Deputy Communications Director in New York State Governor’s Office, where he was an integral member of the core communications team during the COVID-19 pandemic, managing crisis communications on critical issues and producing briefings for nationally televised press conferences. Earlier in his career, Sterne held communications roles at Empire State Development, on Letitia James's 2018 campaign for New York Attorney General, and in the offices of New York State Senator Brian Kavanagh and New York City Comptroller Scott M. Stringer. Sterne holds a Bachelor of Arts in Political Science from New York University. Announcement • Feb 13
StubHub Holdings, Inc. to Report Q4, 2025 Results on Mar 04, 2026 StubHub Holdings, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 04, 2026 Announcement • Dec 24
StubHub App Launches in OpenAI ChatGPT - One of the First Ticketing Platforms to Offer Discovery Experience StubHub announced it is one of the first ticketing platforms to launch an app on ChatGPT with a discovery experience. The integration transforms how fans find live events--replacing tab-switching and manual filtering with a conversational assistant that understands what you're actually looking for. Ask ChatGPT to "Find me Yankee games next weekend" --and StubHub's app delivers real-time options can refine naturally. Say "find me the best view for the game on Saturday", followed by " actually, find me the cheapest options" and watch the results adjust instantly. How It Works: getting started is simple. Mention StubHub in any ChatGPT conversation--try "StubHub, when are the Lakers playing this month? Then ask, "Get me the 2 cheapest tickets for the game on Saturday." What happens next is different from a typical web search. Instead of showing links to browse on own, ChatGPT opens an interactive StubHub app experience directly in conversation. You'll see real events, actual seat availability, and current prices--not a summary of what might be on a webpage. Keep the conversation going naturally: "Show something cheaper"; "What about next weekend instead?" "I'd prefer seats with a better view". The app identifies preferences across the entire conversation, narrowing results with each exchange. When you've found the right tickets, it sends directly to StubHub to complete purchase. The StubHub ChatGPT app is available now on desktop and mobile web, as well as in the iOS and Android apps. With the StubHub app, user can experience a dedicated ticket-finding assistant that can: Access live ticket availability and pricing in real time; Remember preferences ("2 tickets" + "cheapest" + "weekend games") across multiple back-and-forth exchanges; Apply StubHub-specific intelligence like value scoring and view quality; Surface options might have missed with traditional search. It's the difference between "here are some links" and "let's find perfect seats together." Built on StubHub's Unmatched Live Event Expertise:StubHub's integration brings more than 10 million live events to its app in ChatGPT--from sold-out stadium tours to intimate club shows, championship games to Broadway premieres. Behind the scenes, StubHub's platform delivers: Real-time data: Live availability and pricing, not cached webpage summaries; FanProtect Guarantee: Every purchase is backed by StubHub's guarantee; Trusted marketplace: Over 40 million tickets purchased by fans in 2024 alone, with advanced pricing intelligence for fair, transparent transactions. The Future of Fan Access: StubHub believes every fan deserves access to the moments that matter. This integration represents another step in meeting fans wherever they are--whether that's on StubHub's app, a partner's website, or in a conversation with AI. The StubHub ChatG PT integration is now live. Announcement • Nov 26
Class Action Lawsuit Filed on Behalf of StubHub Holdings, Inc. Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm A shareholder class action lawsuit has been filed against StubHub Holdings, Inc. The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse information regarding StubHub’s business, operations, and prospects, including allegations that: StubHub was experiencing changes in the timing of payments to vendors; those changes had a significant adverse impact on free cash flow, including trailing 12 months free cash flow; and as a result, StubHub’s free cash flow reports were materially misleading. The deadline to ask the court to be appointed lead plaintiff in the case is January 23, 2025.Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. Reported Earnings • Nov 16
Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2025 results: US$3.75 loss per share (further deteriorated from US$0.008 loss in 3Q 2024). Revenue: US$468.1m (down 3.2% from 3Q 2024). Net loss: US$1.29b (loss widened US$1.29b from 3Q 2024). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 39%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Consumer Services industry in the US. Announcement • Oct 29
StubHub Holdings, Inc. to Report Q3, 2025 Results on Nov 13, 2025 StubHub Holdings, Inc. announced that they will report Q3, 2025 results After-Market on Nov 13, 2025 Announcement • Sep 17
StubHub Holdings, Inc. has completed an IPO in the amount of $799.999996 million. StubHub Holdings, Inc. has completed an IPO in the amount of $799.999996 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 34,042,553
Price\Range: $23.5
Discount Per Security: $1.23375
Transaction Features: Reserved Share Offering 
