---
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"
generated_at: "2026-05-13T21:46:58.104240+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# StubHub Q1 2026: GMS $2.2B (+7%), revenue $446M (+12%), net income $48M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-034632
- JSON: https://secwatch.observer/filing/0001628280-26-034632.json
- Plain text: https://secwatch.observer/filing/0001628280-26-034632.txt

## Key facts
- Earnings Releases
  StubHub Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue $446.0 million, net income $48.0 million. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $446.0 million
  - Net income: $48.0 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: --- 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_url: https://www.sec.gov/Archives/edgar/data/1337634/000162828026034632/0001628280-26-034632-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.