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StubHub swings to $14.6M profit as sales surge 34%

8/13/2026

Summary

StubHub Posts Profit

StubHub posted a $14.6 million net profit for the quarter ended June 30 2026, reversing a $53.8 million loss a year earlier.
Gross merchandise sales rose 34% to $3.1 billion.
Revenue climbed 33% to a record $573.1 million.
Adjusted EBITDA nearly doubled to $105.7 million.
StubHub cut debt by $1.1 billion, lowered net leverage to 3.0 times adjusted EBITDA, increased free cash flow to $309.7 million from $9.7 million, and raised its 2026 GMS outlook to $10.1-$10.3 billion.

Summary

StubHub Faces Lawsuit

A Manhattan federal court received a proposed class-action suit alleging StubHub sold hundreds of unauthorized World Cup tickets it could not deliver.
StubHub reported a Q2 loss of $40,000 to common stockholders, versus a $75.9 million loss a year earlier.
Its BBB profile lists 11,338 complaints, noting a “significant spike” since early 2024.
Over a dozen current and former employees said customer-support teams lack sufficient resources to address ticketing fallout.

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StubHub Posts Profit

StubHub posted a $14.6 million net profit for the quarter ended June 30 2026, reversing a $53.8 million loss a year earlier.
Gross merchandise sales rose 34% to $3.1 billion.
Revenue climbed 33% to a record $573.1 million.
Adjusted EBITDA nearly doubled to $105.7 million.
StubHub cut debt by $1.1 billion, lowered net leverage to 3.0 times adjusted EBITDA, increased free cash flow to $309.7 million from $9.7 million, and raised its 2026 GMS outlook to $10.1-$10.3 billion.

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