StubHub Holdings (STUB) Gross Margin (2024 - 2026)
StubHub Holdings (STUB) reported Gross Margin of 85.24% for Q1 2026, up 95.0% on a YoY basis from 43.72% in Q1 2025, and up 180.8% quarter-over-quarter from 105.51% in Q4 2025.
StubHub Holdings (STUB) Gross Margin (2024 - 2026) Analysis & Trends
StubHub Holdings has reported Gross Margin for 3 years, with the latest figure at 85.24% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 95.0% year-over-year to 85.24%; the trailing twelve-month figure through Mar 2026 stood at 39.02% (changed N/A YoY), and the FY2025 full-year result was 44.32%, down 3681.0% from the prior year.
- Gross Margin for Q1 2026 stood at 85.24%, up from 105.51% in the prior quarter.
- The five-year high for Gross Margin was 96.41% in Q3 2024, with the low at 105.51% in Q4 2025.
- Historically, Gross Margin has averaged 50.22% across 3 years, with a median of 84.77% in 2026.
- Annual changes were most pronounced in 2025 — Gross Margin sank 15119 bps — and 2026, when it jumped 95 bps.
- StubHub Holdings' Gross Margin stood at 45.69% in 2024, then sank by 331 bps to 105.51% in 2025, then surged by 181 bps to 85.24% in 2026.
- The last three Gross Margin figures came in at 85.24% (Q1 2026), 105.51% (Q4 2025), and 95.19% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | 73.98% |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 93.08% |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 81.85% |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 32.98% |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 77.17% | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | 76.32% | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 85.23% |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 75.62% |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 84.37% |
| 10 | StubHub Holdings | 4.18 Bn | 2.65 Bn | 380.23 Mn | 85.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 85.24% |
| Dec 31, 2025 | -105.51% |
| Sep 30, 2025 | 95.19% |
| Mar 31, 2025 | 84.29% |
| Dec 31, 2024 | 45.69% |
| Sep 30, 2024 | 96.41% |