Earnings ·
StubHub reports record $3.1 billion in second quarter gross merchandise sales, up 34% year over year
STUBStubHub Holdings, Inc.
StubHub Holdings, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. Gross Merchandise Sales reached a record $3.1 billion, up 34% year over year, while revenue increased 33% to $573.1 million. The company posted net income of $14.6 million compared to a net loss of $53.8 million in the prior-year period. Adjusted EBITDA rose 94% to $105.7 million, with margins expanding nearly 600 basis points to 18%. StubHub increased its full-year GMS outlook to $10.1 billion–$10.3 billion and reiterated adjusted EBITDA guidance of $400 million–$420 million for 2026. The balance sheet strengthened with year-to-date debt reduction of $200.0 million, bringing net leverage down to 3.0x from 4.5x at the end of 2025. StubHub operates a global ticketing marketplace for live events.