StubHub Holdings, Inc. STUB
We believe we operate the largest global secondary ticketing marketplace for live events. We connect fans around the world with sellers who use our marketplace to reach passionate fans and price tickets efficiently. Our mission is to be the global destination for consumers to access live events and experiences. We envision a future where all live event tickets are widely available to be conveniently purchased and every seat at every venue is filled.
We operate our global ticketing marketplace through two brands: StubHub and viagogo.
In building our marketplace, we created and scaled core capabilities required to succeed in secondary ticketing:
• Technology: End-to-end functionality capable of handling all types of events.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $1.75B | $1.77B | $1.37B | — |
| SG&A | $1.71B | $386.5M | $275.5M | — |
| Total operating expenses | $3.09B | $1.63B | $1.11B | — |
| Operating income | -$1.34B | $138.1M | $253.2M | — |
| Interest expense | $140.0M | $179.8M | $155.9M | — |
| Pre-tax income | -$1.55B | $37.3M | $85.6M | — |
| Income tax | $360.6M | $40.1M | $319.6M | — |
| Net income | -$1.91B | -$2.8M | $405.2M | — |
| EPS, basic | -6.25 | -0.18 | 1.16 | — |
| EPS, diluted | -6.27 | -0.18 | 1.14 | — |
| Shares, diluted (wtd. avg.) | 319.2M | 304.4M | 307.8M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and equivalents | $1.24B | $1.00B | $775.7M | $419.1M |
| Receivables | $6.9M | $5.5M | — | — |
| Inventory | $9.2M | $16.1M | — | — |
| Total current assets | $1.30B | $1.05B | — | — |
| Property, plant and equipment | $73.3M | $6.5M | — | — |
| Goodwill | $2.69B | $2.69B | — | — |
| Other intangibles | $903.0M | $924.7M | — | — |
| Total assets | $5.05B | $5.09B | — | — |
| Accounts payable | $71.1M | $112.6M | — | — |
| Short-term debt | $0 | $19.5M | — | — |
| Total current liabilities | $1.25B | $1.11B | — | — |
| Long-term debt | $1.51B | $2.31B | — | — |
| Total liabilities | $3.11B | $3.72B | — | — |
| Retained earnings | -$3.41B | -$1.50B | — | — |
| Total equity | $1.18B | $880.6M | $890.2M | $526.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating cash flow | $192.6M | $261.5M | $307.4M | — |
| Depreciation and amortisation | $25.6M | $24.5M | $22.8M | — |
| Stock-based compensation | $1.45B | $7.7M | $34.9M | — |
| Capital expenditure | $1.4M | $1.7M | $1.7M | — |
| Investing cash flow | -$34.4M | -$6.4M | -$5.4M | — |
| Financing cash flow | $71.8M | -$46.7M | $94.1M | — |
| Buybacks | $1.0M | $0 | $1.1M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-197608.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | — | $1.37B | $1.77B | $1.75B |
| Gross profit | — | — | — | — |
| Net income | — | $405.2M | -$2.8M | -$1.91B |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7990
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|---|---|---|---|---|
| DIS | Walt Disney Co | $194.29B | 16.4x | 3.4% |
| DKNG | DraftKings Inc. | $10.37B | — | 27.0% |
| MSGS | Madison Square Garden Sports Corp. | $9.39B | 1,214.5x | 11.0% |
| MTN | VAIL RESORTS INC | $5.22B | 19.5x | 2.7% |
| MSGE | Madison Square Garden Entertainment Corp. | $3.69B | 56.4x | 12.5% |
| RSI | Rush Street Interactive, Inc. | $1.76B | 51.3x | 22.8% |
| PRSU | Pursuit Attractions & Hospitality, Inc. | $1.50B | 68.6x | 23.4% |
| PRKS | United Parks & Resorts Inc. | $1.37B | 9.9x | -3.6% |