NYSE$STUB

StubHub Holdings, Inc · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

StubHub reported Q1 2026 revenue of $446.0M (+12% YoY) with net income of $48.0M ($0.06 diluted EPS).

For the quarter ended March 31, 2026, StubHub reported revenue of $446.0 million (+12% YoY). Income from operations was $25.8 million. Net income attributable to common stockholders was $32.5 million; total net income $48.0 million with diluted EPS $0.06 (versus a loss of $0.12 a year ago). Foreign currency gains and derivative gains contributed to other income.

  • Revenue $446.0M (+12% YoY).
  • Net income $48.0M; diluted EPS $0.06.
  • Operating income $25.8M despite high sales & marketing spend.
  • Post-IPO capital structure with preferred conversions in the quarter.

Headline financials

Total Revenue

$446M

No prior period
EPS (adj)

$0.06

No prior period
Capital Expenditures

-$169K

No prior period
Free Cash Flow

$298M

No prior period
Net Income

$48M

No prior period
Operating Income

$25.8M

No prior period
Gross Profit

-$65.8M

No prior period
Cash & Equivalents

$1.53B

No prior period
Total Assets

$5.35B

No prior period

Revenue & EPS history

StubHub Holdings, Inc · Revenue · Quarterly

$446M

Q1 2026
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

No formal quarterly EPS outlook in the 10-Q; focus on marketplace take rate, event supply, and international expansion after September 2025 IPO.

Tailwinds

  • Return to profitability with positive operating income.
  • Revenue growth on ticket volume and take rate.

Headwinds

  • Sales & marketing 51% of revenue at $225.9M.
  • Legal contingency accrual $67.1M for state tax matter.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 2 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-10.2%

Avg return

Earnings day

-12.2%

Avg return

5 days after

-2.0%

Avg return

30 days after

33%

1 / 3 earnings

Positive

+2.9%

Q1 2026

Best reaction

-21.0%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.9%+27.5%+56.4%
Q4 2025-12.4%-22.0%-36.7%
Q3 2025-21.0%-42.1%-25.9%

Discussion

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