StubHub Holdings (STUB) Cost of Revenue (2024 - 2026)
StubHub Holdings' (STUB) quarterly Cost of Revenue came in at $65.8 million in Q1 2026, up 5.38% YoY from $62.5 million in Q1 2025, and down 13.27% on a QoQ basis from $75.9 million in Q4 2025.
Analysis
StubHub Holdings (STUB) Cost of Revenue (2024 - 2026) Analysis & Trends
StubHub Holdings (STUB) has 3 years of Cost of Revenue data on file, last reported at $65.8 million in Q1 2026.
- Quarterly Cost of Revenue rose 5.38% year-over-year to $65.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $304.7 million (changed N/A YoY) and the FY2025 annual result came in at $314.0 million, down 6.02% from the prior year.
- Cost of Revenue retreated to $65.8 million in Q1 2026, from $75.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $128.2 million in Q4 2024 to a low of $62.5 million in Q1 2025.
- A 3-year average of $85.4 million and a median of $77.7 million in 2024 frame the typical range for Cost of Revenue.
- The widest YoY moves for Cost of Revenue: up 26.33% in 2025, down 40.8% in 2025.
- Tracing STUB's Cost of Revenue over 3 years: stood at $128.2 million in 2024, then sank by 40.8% to $75.9 million in 2025, then decreased by 13.27% to $65.8 million in 2026.
- The last three Cost of Revenue figures came in at $65.8 million (Q1 2026), $75.9 million (Q4 2025), and $100.5 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 3.70 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 133.60 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 70.31 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 732.09 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 735.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 257.35 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 204.26 Mn |
| 10 | StubHub Holdings | 2.42 Bn | 726.15 Mn | 468.48 Mn | 104.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 104.59 Mn |
| Jun 30, 2026 | 104.59 Mn |
| Mar 31, 2026 | 65.82 Mn |
| Mar 31, 2026 | 65.82 Mn |
| Dec 31, 2025 | 75.88 Mn |
| Dec 31, 2025 | 75.88 Mn |
| Sep 30, 2025 | 100.51 Mn |
| Sep 30, 2025 | 100.51 Mn |
| Jun 30, 2025 | 75.13 Mn |
| Jun 30, 2025 | 75.13 Mn |
| Mar 31, 2025 | 62.46 Mn |
| Mar 31, 2025 | 62.46 Mn |
| Dec 31, 2024 | 128.18 Mn |
| Dec 31, 2024 | 128.18 Mn |
| Sep 30, 2024 | 79.56 Mn |
| Sep 30, 2024 | 79.56 Mn |