STUB (StubHub Holdings, Inc.) Stock Financials & Earnings

STUBStubHub Holdings, Inc.

Mkt Cap$3B

Revenue (TTM)$1.7B

Net Income (TTM)-$1.9B

EPS (TTM)-$5.77

Free Cash Flow (TTM)$175M

Gross Margin81.3%

Op. Margin-74.5%

Net Margin-109.2%

FCF Margin10.0%

P/S Ratio (TTM)1.5x

P/E Ratio (TTM)—

YoY Rev Growth-1.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$298M	$246M	$55M
Q2 23	$359M	$281M	$80M
Q3 23	$378M	$313M	$106M
Q4 23	$332M	$273M	$83M
Q1 24	$360M	$306M	-$883K
Q2 24	$443M	$371M	$54M
Q3 24	$434M	$348M	$50M
Q4 24	$533M	$399M	$94M
Q1 25	$398M	$335M	$27M
Q2 25	$430M	$355M	$25M
Q3 25	$468M	$361M	-$1.3B
Q4 25	$449M	$367M	-$13M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 23	—	—	$191M
Q2 23	—	—	$201M
Q3 23	—	—	$208M
Q4 23	—	—	$189M
Q1 24	$120M	$167M	—
Q2 24	$77M	$219M	—
Q3 24	—	—	$298M
Q4 24	—	—	$305M
Q1 25	$71M	$219M	—
Q2 25	$75M	$235M	—
Q3 25	—	—	$1.7B
Q4 25	—	—	$380M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	61.3%	8.8%	70.1
Q2 23	45.2%	21.7%	66.9
Q3 23	46.2%	30.3%	76.5
Q4 23	-3.9%	13.8%	9.9
Q1 24	20.7%	6.0%	26.7
Q2 24	23.4%	18.0%	41.4
Q3 24	14.9%	0.9%	15.8
Q4 24	60.5%	25.5%	86.0
Q1 25	10.4%	4.6%	15.0
Q2 25	-2.9%	-4.9%	-7.8
Q3 25	7.9%	-290.3%	-282.4
Q4 25	-15.8%	-1.5%	-17.3

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$405M	$0	$405M
Q4 23	$805M	$0	$805M
Q1 24	$1.0B	$0	$1.0B
Q2 24	$1.1B	$0	$1.1B
Q3 24	$1.0B	$0	$1.0B
Q4 24	$1.0B	$0	$1.0B
Q1 25	$1.2B	$0	$1.2B
Q2 25	$1.2B	$0	$1.2B
Q3 25	$1.4B	$0	$1.4B
Q4 25	$1.2B	$0	$1.2B

Shares Outstanding