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STUB Financials Stubhub Holdings, Inc.

3 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 13.0% per year over the past 2 years.
  • Operating margin has contracted, at -77.0% in the latest year.
  • Free cash flow has declined 20.9% per year over the past 2 years.

Financial health

  • Total debt ($1.5B) exceeds cash ($1.2B); net debt is $265M.
  • Total debt has grown slower than revenue (-35.4% vs 13.0% per year).
  • Operating income covered interest expense -9.6× in the latest year, down from 1.6× 2 years ago.
Revenue & net income
-$2B -$68M $2B $0 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-109% -40% 30% 0% 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $153M $306M 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $1B $2B 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$47M $130M $307M $0 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.7B -$1.9B 0.0% -77.0% $191M $1.5B $1.2B
2024 $1.8B -$3M 0.0% 7.8% $260M $2.3B $1.0B
2023 $1.4B $405M 0.0% 18.5% $306M $776M

Valuation over time

How the market has priced STUB against its own fundamentals since 2025-09 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 1.9 3.9 Sep '25 Oct '25 Nov '25 Dec '25 Jan '26 Feb '26 Mar '26 Apr '26 May '26 Jun '26
P/S

Frequently asked questions

Is STUB growing its revenue and profit?

Over the past 2 years, Stubhub Holdings, Inc.'s revenue has grown 13.0% per year. These are computed facts, not advice.

How much debt does STUB have?

As of FY2025, Stubhub Holdings, Inc. reported $1.5B of total debt against $1.2B of cash; operating income covered interest expense -9.6×.

What is STUB's profit margin?

In FY2025, gross margin was —, operating margin -77.0%, and net margin -109.2%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.