StubHub (STUB) Q3 earnings report 2025

A sign for StubHub, a ticket seller for the company’s IPO on September 17, 2025, is on display at the New York Stock Exchange.
New York Stock Exchange
StubHub Shares fell 5% in extended trading Thursday after the company. reported Quarterly results for the first time since its IPO in September.
Here’s how the ticket seller is performing compared to the LSEG consensus:
- Loss per share: $4.27
- Revenues: $468.1 million vs. $452 million expected
The company said its revenue rose 8% in the second quarter from $433.8 million a year earlier.
StubHub reported a net loss of $1.33 billion, or $4.27 per share, compared to a net loss of $45.9 million, or 15 cents per share, in the same period last year. StubHub said this reflects a one-time share-based compensation charge of $1.4 billion from the IPO.
Gross merchandise sales, which represent the total dollar value paid by ticket buyers, increased 11% from last year to $2.43 billion.
The company faced tough comparisons from a year ago, when results were boosted by Taylor Swift’s hugely popular Eras Tour. Excluding that impact, GMS grew 24% year over year, StubHub said.
The company’s shares closed at $18.82 on Thursday. Shares are now down nearly 20% from their IPO price of $23.50.



