Recent Updates — STUB
The board of directors appointed Andrew Raab to fill an existing vacancy on the board, effective October 16, 2026. Mr. Raab serves as co-founder of FPR Partners and brings extensive capital markets experience. He will receive compensation under the company's non-employee director program and is subject to a standard indemnification agreement. The filing also references a prior consulting arrangement involving restricted stock units granted in March 2026. StubHub Holdings operates in the digital ticketing marketplace industry.
StubHub Holdings amended its senior credit agreement to extend the maturity of its USD Term Loan B, increased to approximately $975 million, and its Euro Term Loan B, reduced to approximately €300 million, from March 2030 to October 2033. The company also extended a portion of its Revolving Credit Facility to October 2031. Borrowing costs improved by 25 basis points, with margins set at SOFR plus 450 bps for USD and EURIBOR plus 475 bps for Euros. This transaction follows $1.1 billion in debt repayment over the prior twelve months and a recent credit rating upgrade by Moody’s. StubHub operates as a leading global ticketing marketplace for live events.
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.
StubHub Holdings, Inc. entered into a retention agreement with Chief Technology Officer Artem Yegorov on June 22, 2026, granting him a $4 million retention bonus. The bonus is subject to a four-year vesting period, with partial unearned amounts if he resigns or is terminated for cause before the fourth anniversary. StubHub Holdings, Inc. operates in the secondary ticket marketplace industry.