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 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 27.57%
6 Pinterest 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
DateValue
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%