StubHub Holdings, Inc. (STUB) Stock Analysis
Communication Services · Internet Content & Information · NYSE
StubHub Holdings, Inc. (STUB) posted $1.75B in revenue for fiscal 2025 (down 1.4% year over year), with a net loss of $1.91B, and has compounded revenue about 19.0%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on StubHub Holdings, Inc.
StubHub Holdings, Inc. has grown revenue from $1.04B to $1.75B over the last 4 fiscal years, compounding about 19% a year. The most recent year was down 1.4%, so growth has cooled from its longer-run pace.
Net margin sits at -109.2%, down 109 points year over year on a 82% gross margin. It carries about $1.51B of total debt.
At today's valuation the market is pricing in roughly 10.3% annual free-cash-flow growth. The one thing worth a second look in the filings is heavy debt load.
Synthesised from StubHub Holdings, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
StubHub Holdings, Inc. revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $1.04B | $1.37B | $1.77B | $1.75B |
| Gross profit | $851.10M | $1.14B | $1.44B | $1.43B |
| Net income | $-260.99M | $405.20M | $-2.80M | $-1.91B |
| Net margin | -25.2% | 29.6% | -0.2% | -109.2% |
Source: StubHub Holdings, Inc. SEC filings (10-K).
StubHub Holdings, Inc.: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Heavy debt loadTotal debt of $1507M is 7.8× last year's operating cash flow — it would take years of cash flow to clear.
- Currently unprofitableThe latest fiscal year was a net loss (net margin -109.2%).
What growth is priced into STUB stock?
At today's market cap of $3.82B, StubHub Holdings, Inc. is priced for free-cash-flow growth of about 10.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $158.19M from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of StubHub Holdings, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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StubHub Holdings, Inc. financial history by metric
Compare StubHub Holdings, Inc. with peers
About StubHub Holdings, Inc.
StubHub Holdings, Inc. operates ticketing marketplace for live event tickets worldwide. It buys and sells tickets to live events and experiences through websites and mobile applications under the StubHub and viagogo brand names. The company was formerly known as Pugnacious Endeavors, Inc. and changed its name to StubHub Holdings, Inc. in September 2021. StubHub Holdings, Inc. was founded in 2000 and is based in New York, New York.
StubHub Holdings, Inc. — frequently asked questions
What is StubHub Holdings, Inc.'s revenue?
StubHub Holdings, Inc. (STUB) reported revenue of $1.75B for fiscal year 2025, down 1.4% from the prior year, according to its SEC filings.
Is StubHub Holdings, Inc. profitable?
No — STUB reported a net loss of $-1.91B in fiscal 2025.
What is STUB's P/E ratio?
StubHub Holdings, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is StubHub Holdings, Inc. growing?
STUB's revenue grew at roughly 19.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does StubHub Holdings, Inc. have?
As of fiscal year 2025, STUB carried roughly $1.51B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is StubHub Holdings, Inc.'s gross margin?
STUB's gross margin was 82.0% in fiscal 2025 — gross profit of $1.43B on revenue of $1.75B.
What is StubHub Holdings, Inc.'s market cap?
StubHub Holdings, Inc. (STUB) has a market capitalization of about $3.82B, based on the latest data in our nightly-refreshed cache.
When does StubHub Holdings, Inc.'s fiscal year end?
STUB's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into STUB stock?
At today's market cap of $3.82B, StubHub Holdings, Inc. is priced for free-cash-flow growth of about 10.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $158.19M from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from StubHub Holdings, Inc.'s official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.