StubHub Holdings (STUB) Operating Margin (2024 - 2026)
StubHub Holdings (STUB) reported Operating Margin of 5.79% for Q1 2026, down 96.0% on a YoY basis from 144.77% in Q1 2025, and up 193.97% quarter-over-quarter from 6.16% in Q4 2025.
StubHub Holdings (STUB) Operating Margin (2024 - 2026) Analysis & Trends
StubHub Holdings has reported Operating Margin for 3 years, with the latest figure at 5.79% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 96.0% year-over-year to 5.79%; the trailing twelve-month figure through Mar 2026 stood at 76.28% (changed N/A YoY), and the FY2025 full-year result was 77.01%, down 8481.0% from the prior year.
- Operating Margin for Q1 2026 stood at 5.79%, up from 6.16% in the prior quarter.
- The five-year high for Operating Margin was 13.66% in Q4 2024, with the low at 292.28% in Q3 2025.
- Historically, Operating Margin has averaged 44.91% across 3 years, with a median of 4.3% in 2024.
- Annual changes were most pronounced in 2025 — Operating Margin sank 29508 bps — and 2026, when it tumbled 96 bps.
- StubHub Holdings' Operating Margin stood at 13.66% in 2024, then sank by 145 bps to 6.16% in 2025, then jumped by 194 bps to 5.79% in 2026.
- The last three Operating Margin figures came in at 5.79% (Q1 2026), 6.16% (Q4 2025), and 292.28% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | -32.08% |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 36.12% |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 40.62% |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 15.77% |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 27.57% | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | -7.97% | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 30.14% |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 27.37% |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | -4.87% |
| 10 | StubHub Holdings | 4.18 Bn | 2.65 Bn | 380.23 Mn | 5.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.79% |
| Dec 31, 2025 | -6.16% |
| Sep 30, 2025 | -292.28% |
| Mar 31, 2025 | 6.75% |
| Dec 31, 2024 | 13.66% |
| Sep 30, 2024 | 2.80% |