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StubHub Files IPO Amid Major Revenue Decline

3/23/2025

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Summary

Story summary

StubHub has filed for an IPO on the NYSE, using the ticker "STUB," after a previous delay.
The company reported a net loss of $2.8 million on $1.77 billion revenue for 2024, a significant decline from a $405 million profit in 2023.
StubHub sold over 40 million tickets in 2024, achieving Gross Merchandise Sales of $8.68 billion, a 27% year-over-year increase.
The IPO is being managed by JPMorgan Chase and Goldman Sachs, with share count and price range yet to be announced.

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Story summary

StubHub has filed for an IPO on the NYSE, using the ticker "STUB," after a previous delay.
The company reported a net loss of $2.8 million on $1.77 billion revenue for 2024, a significant decline from a $405 million profit in 2023.
StubHub sold over 40 million tickets in 2024, achieving Gross Merchandise Sales of $8.68 billion, a 27% year-over-year increase.
The IPO is being managed by JPMorgan Chase and Goldman Sachs, with share count and price range yet to be announced.