{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-034632","form_type":"8-K","ticker":"STUB","cik":"0001337634","company_name":"StubHub Holdings, Inc.","filed_at":"2026-05-13T20:25:20+00:00","discovered_at":"2026-05-13T20:26:01.759790+00:00","generated_at":"2026-05-13T21:46:58.104240+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"StubHub Q1 2026: GMS $2.2B (+7%), revenue $446M (+12%), net income $48M","bullets":["GMS $2.2B (+7% YoY); revenue $446M (+12% YoY).","Net income $48M (11% margin) vs net loss $22.2M prior year.","Adjusted EBITDA $72.1M (16% margin, +400 bps YoY).","Free cash flow $290.6M (+92% YoY); $100M debt reduction in May.","Reiterates FY2026 outlook: GMS $9.9-10.1B, adj EBITDA $400-420M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-034632","json":"https://secwatch.observer/filing/0001628280-26-034632.json","markdown":"https://secwatch.observer/filing/0001628280-26-034632.md","text":"https://secwatch.observer/filing/0001628280-26-034632.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1337634/000162828026034632/0001628280-26-034632-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1337634/000162828026034632/stub-20260513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-13T21:46:58.104240+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9f30cf89c1daa60f624bee2e1ec63afc40e8cbfe","claim":"StubHub Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue $446.0 million, net income $48.0 million. Guidance reaffirmed.","evidence_excerpt":"--- EX-99.1 (EX-99.1) --- StubHub Announces First Quarter 2026 Results – Gross Merchandise Sales increased to $2.2 billion, up 7% year over year - – Revenue increased to $446.0 million, up 12% year over year - – Adjusted EBITDA increased to $72.1 million; adjusted EBITDA margin up over 400 basis points year over year to 16% - – Continued progress on debt","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1337634/000162828026034632/0001628280-26-034632-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Revenue","value":"$446.0 million"},{"label":"Net income","value":"$48.0 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}