Business Wire·Nov 10, 2026, 4:15 PM ET

StubHub Announces Third Quarter 2026 Results

StubHub reported Q3 2026 Gross Merchandise Sales of $2.62 billion, representing a 7% year-over-year increase.
Revenue reached $502.0 million for the quarter, also up 7% year over year.
Adjusted EBITDA grew 84% to $124.1 million, with the adjusted EBITDA margin expanding 10 percentage points to 25%.
The company raised its full-year 2026 GMS outlook to a range of $10.175 billion to $10.375 billion while reiterating the adjusted EBITDA outlook of $400 million to $420 million.
Net income for the quarter was $33.6 million, a significant improvement from a net loss of $1.29 billion in the prior-year period driven by reduced stock-based compensation.
StubHub strengthened its balance sheet by extending debt maturities by 3.5 years, securing lower borrowing rates, 100 million in debt repayment, 100 million in debt repayment, 100 million in debt repayment, 100 million in debt repayment, and 100 million in debt repayment, and reducing net leverage to 2.5x.
Cash and cash equivalents stood at $1.2 billion as of September 30, 2026.
Stock-based compensation expense dropped to $42.5 million in the quarter from $1.4 billion in the prior-year quarter.
StubHub plans to host a conference call and webcast at 5:00 PM Eastern Time to discuss these results.