StubHub Holdings (STUB) Research & Development (2024 - 2026)
StubHub Holdings' (STUB) quarterly Research & Development came in at $225.9 million in Q1 2026, up 3.2% YoY from $218.9 million in Q1 2025, and down 4.47% on a QoQ basis from $236.5 million in Q4 2025.
Analysis
StubHub Holdings (STUB) Research & Development (2024 - 2026) Analysis & Trends
StubHub Holdings (STUB) has 3 years of Research & Development data on file, last reported at $225.9 million in Q1 2026.
- Quarterly Research & Development rose 3.2% year-over-year to $225.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $962.4 million (changed N/A YoY) and the FY2025 annual result came in at $971.7 million, up 17.36% from the prior year.
- Research & Development slipped to $225.9 million in Q1 2026, from $236.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $281.1 million in Q3 2025 to a low of $218.9 million in Q1 2025.
- A 3-year average of $234.1 million and a median of $223.6 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2025 — Research & Development gained 27.23% — and 2026, when it increased 3.2%.
- Tracing STUB's Research & Development over 3 years: stood at $221.3 million in 2024, then increased by 6.85% to $236.5 million in 2025, then retreated by 4.47% to $225.9 million in 2026.
- The last three Research & Development figures came in at $225.9 million (Q1 2026), $236.5 million (Q4 2025), and $281.1 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 468.43 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 191.00 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 231.28 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -148.13 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -35.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 451.01 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 158.25 Mn |
| 10 | StubHub Holdings | 2.42 Bn | 726.15 Mn | 468.48 Mn | 274.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 274.09 Mn |
| Mar 31, 2026 | 225.91 Mn |
| Dec 31, 2025 | 236.47 Mn |
| Sep 30, 2025 | 281.14 Mn |
| Jun 30, 2025 | 235.21 Mn |
| Mar 31, 2025 | 218.90 Mn |
| Dec 31, 2024 | 221.31 Mn |
| Sep 30, 2024 | 220.96 Mn |