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 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 77.17%
6 Pinterest 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
DateValue
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%