StubHub Holdings (STUB) Gross Margin (2024 - 2026)
StubHub Holdings' (STUB) quarterly Gross Margin came in at 85.24% in Q1 2026, up 95.0% YoY from 43.72% in Q1 2025, and up 2.57% on a QoQ basis from 83.11% in Q4 2025.
Analysis
StubHub Holdings (STUB) Gross Margin (2024 - 2026) Analysis & Trends
StubHub Holdings (STUB) has 3 years of Gross Margin data on file, last reported at 85.24% in Q1 2026.
- Quarterly Gross Margin rose 95.0% year-over-year to 85.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 82.7% (changed N/A YoY) and the FY2025 annual result came in at 82.01%, up 88.0% from the prior year.
- Gross Margin climbed to 85.24% in Q1 2026, from 83.11% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 85.24% in Q1 2026 to a low of 75.97% in Q4 2024.
- A 3-year average of 81.47% and a median of 82.38% in 2024 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 714 bps in 2025, down 313 bps in 2025.
- Tracing STUB's Gross Margin over 3 years: stood at 75.97% in 2024, then grew by 9 bps to 83.11% in 2025, then gained by 3 bps to 85.24% in 2026.
- The last three Gross Margin figures came in at 85.24% (Q1 2026), 83.11% (Q4 2025), and 78.53% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 81.37% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 33.41% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 77.06% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 91.27% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 37.22% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 78.18% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 76.06% |
| 10 | StubHub Holdings | 2.42 Bn | 726.15 Mn | 468.48 Mn | 81.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.75% |
| Mar 31, 2026 | 85.24% |
| Dec 31, 2025 | 83.11% |
| Sep 30, 2025 | 78.53% |
| Jun 30, 2025 | 82.54% |
| Mar 31, 2025 | 84.29% |
| Dec 31, 2024 | 75.97% |
| Sep 30, 2024 | 81.66% |