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Companies / Consumer Discretionary / StubHub Holdings, Inc.
STUB

StubHub Holdings, Inc.

Consumer DiscretionaryServices
Ticker STUBNEW YORK, NYFiscal year ends DecemberBook value per share $3.71Diluted shares 319.2M

StubHub Holdings, Inc. (NYSE: STUB) operates the largest global secondary ticketing marketplace for live events, connecting fans worldwide with sellers through its digital platform. The company's website is www.stubhub.com. From the company’s description.

Fiscal year 2025 · ends 12-31
Sales & profitability
$1.75B
-77.01%
$-1.91B
-161.03%
Cash & financing
$192.57M
$159.64M
1.27
319.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What StubHub Holdings, Inc. does

In the company’s own words

StubHub Holdings, Inc. (NYSE: STUB) operates the largest global secondary ticketing marketplace for live events, connecting fans worldwide with sellers through its digital platform. The company's website is www.stubhub.com.

The company operates its global ticketing marketplace through two primary brands: StubHub and viagogo. StubHub Holdings serves as a digital intermediary that facilitates transactions between buyers seeking tickets and sellers offering inventory across sports, concerts, theater, and other live entertainment categories. The platform leverages core capabilities in technology, global distribution, data intelligence, and brand recognition to create an efficient marketplace that attracts millions of participants without requiring control of box office operations or venue access.

As of December 31, 2025, the company employed approximately 900 full-time employees, with roughly 360 providing customer service support. The workforce is distributed across key locations including New York, Los Angeles, Atlanta, Ireland, and Switzerland, with approximately 250 employees based outside the United States. The company maintains no unionized workforce and reports positive employee relations.

StubHub Holdings' business model centers on connecting buyers and sellers at scale, creating what management describes as a powerful flywheel effect. The company generates revenue through transaction fees and other monetization mechanisms while maintaining a marketplace that offers liquidity, transparency, and trust across ticketing transactions. The platform operates globally with significant geographic reach and serves both individual buyers and sellers as well as professional sellers and content rights holders.

The company is pursuing expansion into adjacent market opportunities, including the original issuance ticketing market through its direct issuance strategy, where content rights holders list tickets directly on the marketplace. This represents an evolution from the company's historical focus on secondary ticketing. The company also explores digital advertising opportunities within its ecosystem.

StubHub Holdings' competitive position rests on its global scale, brand strength, organic traffic generation, inventory breadth and depth, product functionality including payment systems and security protections, and platform extensibility. The business experiences significant seasonality based on event timing, tour schedules, and sporting league calendars.

Company details
Sector
Consumer Discretionary
Industry
Services
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1337634
SIC
7990

Financial performance, year by year

Fiscal 2025–2025 · USD
$-2.27B$-1.18B$-80.37M$1.01B$2.11B2025

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns StubHub Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

87
funds hold it
1 of 35
superinvestors hold it
$539.94M
held by funds, at market
11.8%
of shares held by funds

Superinvestors in StubHub Holdings, Inc. · what they did last quarter

David EinhornUNCHANGED
DME Capital Management (Greenlight)
1.4%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · StubHub Holdings, Inc.’s weight in each

0.15%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.09%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.02%of fund net assets
Nomura Mid Cap Growth Fund
WMGRX · IVY FUNDS
1.13%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do StubHub Holdings, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of StubHub Holdings, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in StubHub Holdings, Inc.'s last four quarterly filings that the numbers alone won't show?”
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