StubHub Holdings (STUB) Cost of Revenue (2024 - 2026)
StubHub Holdings (STUB) reported Cost of Revenue of $65.8 million for Q1 2026, up 5.38% on a YoY basis from $62.5 million in Q1 2025, and down 92.87% quarter-over-quarter from $923.1 million in Q4 2025.
StubHub Holdings (STUB) Cost of Revenue (2024 - 2026) Analysis & Trends
StubHub Holdings has reported Cost of Revenue for 3 years, with the latest figure at $65.8 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 5.38% year-over-year to $65.8 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (changed N/A YoY), and the FY2025 full-year result was $971.7 million, up 190.84% from the prior year.
- Cost of Revenue for Q1 2026 stood at $65.8 million, down from $923.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $923.1 million in Q4 2025, with the low at $15.6 million in Q3 2024.
- Historically, Cost of Revenue has averaged $229.9 million across 3 years, with a median of $64.1 million in 2025.
- Annual changes were most pronounced in 2025 — Cost of Revenue jumped 218.61% — and 2026, when it increased 5.38%.
- StubHub Holdings' Cost of Revenue stood at $289.7 million in 2024, then jumped by 218.61% to $923.1 million in 2025, then slumped by 92.87% to $65.8 million in 2026.
- The last three Cost of Revenue figures came in at $65.8 million (Q1 2026), $923.1 million (Q4 2025), and $22.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | 103.80 Mn |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 7.61 Bn |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 10.22 Bn |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 3.56 Bn |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 151.47 Mn | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | 238.55 Mn | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 43.23 Bn |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 210.66 Mn |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 239.01 Mn |
| 10 | StubHub Holdings | 4.18 Bn | 2.65 Bn | 380.23 Mn | 65.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 65.82 Mn |
| Mar 31, 2026 | 65.82 Mn |
| Dec 31, 2025 | 923.08 Mn |
| Dec 31, 2025 | 923.08 Mn |
| Sep 30, 2025 | 22.51 Mn |
| Sep 30, 2025 | 22.51 Mn |
| Mar 31, 2025 | 62.46 Mn |
| Mar 31, 2025 | 62.46 Mn |
| Dec 31, 2024 | 289.72 Mn |
| Dec 31, 2024 | 289.72 Mn |
| Sep 30, 2024 | 15.58 Mn |
| Sep 30, 2024 | 15.58 Mn |