StubHub shares pop on Q1 beat, reaffirmed full-year guidance

Proactive

Thu, May 14, 2026 astatine 10:57 AM CDT 2 min read

StubHub (NYSE:STUB) shares surged astir 19% connected Thursday greeting aft the ticketing marketplace reported archetypal 4th results that topped Wall Street expectations connected some gross and profitability, portion reaffirming its full-year outlook.

The institution reported gross of $446 cardinal for the 4th ended March 31, 2026, up 12% year-over-year and supra expert expectations of astir $425 million.

Gross merchandise income roseate 7% to $2.2 billion, reflecting dependable request crossed unrecorded events and resale activity.

StubHub swung to nett income of $48 million, oregon $0.06 per share, compared with a nett nonaccomplishment of $22.2 cardinal successful the aforesaid play a twelvemonth earlier. Analysts had expected a nonaccomplishment of astir $0.01 per share.

Adjusted EBITDA climbed to $72.1 million, up from $47.9 cardinal a twelvemonth earlier, with margins expanding much than 400 ground points to 16%.

The institution besides reported beardown currency generation, with escaped currency travel of $290.6 million, astir treble the prior-year period.

Operating currency travel roseate 88% twelvemonth implicit twelvemonth to $298.4 million. StubHub ended the 4th with $1.5 cardinal successful currency and currency equivalents, alongside $1.0 cardinal successful payments owed to sellers.

The institution continued to absorption connected equilibrium expanse improvement, including a $100 cardinal indebtedness simplification completed successful May.

“We delivered a affirmative commencement to 2026, and we judge we are connected way to execute our afloat twelvemonth fiscal outlook,” StubHub CEO Eric Baker said, adding that the institution is advancing initiatives specified arsenic unfastened organisation and advertizing to grow monetization and amended summons entree globally.

StubHub reiterated its full-year 2026 guidance, calling for gross merchandise income betwixt $9.9 cardinal and $10.1 cardinal and adjusted EBITDA of $400 cardinal to $420 million.