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STUB (STUB) Financials

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$7.56 -0.15 (-1.95%)
As of 11:43 AM Eastern
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Annual Income Statements for STUB

Annual Income Statements for STUB

This table shows STUB's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2023 2024 2025
Period end date 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
352 -55 -1,992
Consolidated Net Income / (Loss)
405 -2.80 -1,906
Net Income / (Loss) Continuing Operations
405 -2.80 -1,906
Total Pre-Tax Income
86 37 -1,545
Total Operating Income
253 138 -1,344
Total Gross Profit
1,136 1,437 1,431
Total Revenue
1,368 1,771 1,745
Operating Revenue
1,368 1,771 1,745
Total Cost of Revenue
232 334 314
Operating Cost of Revenue
232 334 314
Total Operating Expenses
883 1,298 2,775
Selling, General & Admin Expense
342 446 1,778
Marketing Expense
518 828 972
Depreciation Expense
23 25 26
Total Other Income / (Expense), net
-168 -101 -201
Interest Expense
156 188 159
Interest & Investment Income
23 41 42
Other Income / (Expense), net
-34 46 -85
Income Tax Expense
-320 40 361
Basic Earnings per Share
$1.16 ($0.18) ($6.25)
Weighted Average Basic Shares Outstanding
302.07M 304.36M 318.57M
Diluted Earnings per Share
$1.14 ($0.18) ($6.27)
Weighted Average Diluted Shares Outstanding
307.82M 304.36M 319.23M
Weighted Average Basic & Diluted Shares Outstanding
- - 356.72M

Quarterly Income Statements for STUB

This table shows STUB's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q3 2025
Period end date 9/30/2024 9/30/2025
Net Income / (Loss) Attributable to Common Shareholders
-46 -1,331
Consolidated Net Income / (Loss)
-33 -1,295
Net Income / (Loss) Continuing Operations
-33 -1,295
Total Pre-Tax Income
-50 -1,401
Total Operating Income
12 -1,368
Total Gross Profit
354 368
Total Revenue
434 468
Operating Revenue
434 468
Total Cost of Revenue
80 101
Operating Cost of Revenue
80 101
Total Operating Expenses
342 1,736
Selling, General & Admin Expense
115 1,448
Marketing Expense
221 281
Depreciation Expense
6.17 6.41
Total Other Income / (Expense), net
-62 -33
Interest Expense
48 51
Interest & Investment Income
11 13
Other Income / (Expense), net
-25 5.24
Income Tax Expense
-17 -106
Basic Earnings per Share
($0.15) ($4.27)
Weighted Average Basic Shares Outstanding
304.43M 311.63M
Diluted Earnings per Share
($0.15) ($4.27)
Weighted Average Diluted Shares Outstanding
304.43M 312.96M
Weighted Average Basic & Diluted Shares Outstanding
- 345.54M

Annual Cash Flow Statements for STUB

This table details how cash moves in and out of STUB's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2023 2024 2025
Period end date 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
396 208 230
Net Cash From Operating Activities
307 261 193
Net Cash From Continuing Operating Activities
307 261 193
Net Income / (Loss) Continuing Operations
405 -2.80 -1,906
Consolidated Net Income / (Loss)
405 -2.80 -1,906
Depreciation Expense
1.64 2.25 2.54
Amortization Expense
27 24 -0.26
Non-Cash Adjustments To Reconcile Net Income
195 20 1,688
Changes in Operating Assets and Liabilities, net
-321 218 408
Net Cash From Investing Activities
-5.44 -6.38 -34
Net Cash From Continuing Investing Activities
-5.44 -6.38 -34
Purchase of Property, Plant & Equipment
-3.73 -4.29 -33
Acquisitions
-1.71 -2.09 -1.46
Net Cash From Financing Activities
94 -47 72
Net Cash From Continuing Financing Activities
94 -47 72
Repayment of Debt
-60 -509 -910
Repurchase of Common Equity
-1.09 -5.96 -13
Issuance of Debt
40 443 0.00
Issuance of Preferred Equity
115 24 305
Issuance of Common Equity
0.50 1.12 758
Other Financing Activities, net
0.00 0.00 -69
Cash Interest Paid
207 234 194
Cash Income Taxes Paid
9.05 5.33 19

Quarterly Cash Flow Statements for STUB

This table details how cash moves in and out of STUB's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q4 2025
Period end date 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-159 -151
Net Cash From Operating Activities
-149 11
Net Cash From Continuing Operating Activities
-149 11
Net Income / (Loss) Continuing Operations
54 -535
Consolidated Net Income / (Loss)
54 -535
Depreciation Expense
0.59 0.71
Amortization Expense
6.05 -0.21
Non-Cash Adjustments To Reconcile Net Income
-298 18
Changes in Operating Assets and Liabilities, net
88 528
Net Cash From Investing Activities
-1.18 -9.17
Net Cash From Continuing Investing Activities
-1.18 -9.17
Purchase of Property, Plant & Equipment
-0.86 -8.91
Acquisitions
-0.32 -0.26
Net Cash From Financing Activities
-8.21 -153
Net Cash From Continuing Financing Activities
-8.21 -153
Repayment of Debt
-4.88 -150
Repurchase of Common Equity
-3.33 -1.93
Issuance of Common Equity
- 0.10
Other Financing Activities, net
- -0.92
Cash Interest Paid
56 35

Annual Balance Sheets for STUB

This table presents STUB's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2025
Period end date 12/31/2024 12/31/2025
Total Assets
5,094 5,054
Total Current Assets
1,051 1,296
Cash & Equivalents
1,001 1,242
Accounts Receivable
5.47 6.91
Inventories, net
16 9.23
Prepaid Expenses
29 38
Plant, Property, & Equipment, net
6.51 73
Total Noncurrent Assets
4,036 3,685
Goodwill
2,687 2,687
Intangible Assets
925 903
Noncurrent Deferred & Refundable Income Taxes
248 2.08
Other Noncurrent Operating Assets
176 93
Total Liabilities & Shareholders' Equity
5,094 5,054
Total Liabilities
3,716 3,112
Total Current Liabilities
1,108 1,251
Short-Term Debt
20 0.00
Accounts Payable
113 71
Accrued Expenses
269 334
Other Current Liabilities
707 846
Total Noncurrent Liabilities
2,608 1,861
Long-Term Debt
2,312 1,507
Noncurrent Deferred & Payable Income Tax Liabilities
0.00 93
Other Noncurrent Operating Liabilities
296 261
Commitments & Contingencies
0.00 0.00
Redeemable Noncontrolling Interest
497 758
Total Equity & Noncontrolling Interests
881 1,184
Total Preferred & Common Equity
881 1,184
Total Common Equity
881 1,184
Common Stock
2,256 4,523
Retained Earnings
-1,505 -3,411
Accumulated Other Comprehensive Income / (Loss)
129 71

Quarterly Balance Sheets for STUB

This table presents STUB's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2025
Period end date 9/30/2025
Total Assets
5,601
Total Current Assets
1,440
Cash & Equivalents
1,392
Accounts Receivable
6.21
Inventories, net
2.00
Prepaid Expenses
39
Plant, Property, & Equipment, net
58
Total Noncurrent Assets
4,102
Goodwill
2,687
Intangible Assets
909
Noncurrent Deferred & Refundable Income Taxes
401
Other Noncurrent Operating Assets
106
Total Liabilities & Shareholders' Equity
5,601
Total Liabilities
3,150
Total Current Liabilities
1,266
Short-Term Debt
0.00
Accounts Payable
67
Accrued Expenses
334
Other Current Liabilities
866
Total Noncurrent Liabilities
1,884
Long-Term Debt
1,653
Other Noncurrent Operating Liabilities
231
Commitments & Contingencies
0.00
Redeemable Noncontrolling Interest
758
Total Equity & Noncontrolling Interests
1,693
Total Preferred & Common Equity
1,693
Total Common Equity
1,693
Common Stock
4,486
Retained Earnings
-2,875
Accumulated Other Comprehensive Income / (Loss)
82

Annual Metrics And Ratios for STUB

This table displays calculated financial ratios and metrics derived from STUB's official financial filings.

Metric 2023 2024 2025
Period end date 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
0.00 0.00 345,539,975.00
DEI Adjusted Shares Outstanding
0.00 0.00 345,539,975.00
DEI Earnings Per Adjusted Shares Outstanding
0.00 0.00 -5.77
Growth Metrics
- - -
Profitability Metrics
- - -
Net Operating Profit after Tax (NOPAT)
1,199 -10 -941
Return On Investment Capital (ROIC_SIMPLE)
- -0.32% -34.97%
Earnings before Interest and Taxes (EBIT)
219 184 -1,429
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
248 211 -1,427
Valuation Ratios
- - -
Leverage & Solvency
- - -
Liquidity Ratios
- - -
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
0.00 -2,719 -439
Efficiency Ratios
- - -
Capital & Investment Metrics
- - -
Invested Capital
0.00 2,708 2,207
Increase / (Decrease) in Invested Capital
0.00 2,708 -501
Book Value per Share
$0.00 $2.89 $3.43
Tangible Book Value per Share
$0.00 ($8.97) ($6.96)
Total Capital
0.00 3,709 3,449
Total Debt
0.00 2,332 1,507
Total Long-Term Debt
0.00 2,312 1,507
Net Debt
0.00 1,331 265
Capital Expenditures (CapEx)
3.73 4.29 33
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -1,038 -1,197
Debt-free Net Working Capital (DFNWC)
0.00 -37 44
Net Working Capital (NWC)
0.00 -57 44
Net Nonoperating Expense (NNE)
794 -7.57 965
Net Nonoperating Obligations (NNO)
0.00 1,331 265
Total Depreciation and Amortization (D&A)
29 26 2.27
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($6.25)
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 318.57M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($6.27)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 319.23M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 356.72M
Normalized Net Operating Profit after Tax (NOPAT)
177 97 -941
Debt Service Ratios
- - -
Payout Ratios
- - -

Quarterly Metrics And Ratios for STUB

This table displays calculated financial ratios and metrics derived from STUB's official financial filings.

Metric Q3 2024 Q3 2025
Period end date 9/30/2024 9/30/2025
DEI Shares Outstanding
0.00 0.00
DEI Adjusted Shares Outstanding
0.00 0.00
DEI Earnings Per Adjusted Shares Outstanding
0.00 0.00
Growth Metrics
- -
Revenue Growth
0.00% 7.92%
EBITDA Growth
0.00% -18,856.62%
EBIT Growth
0.00% -10,129.26%
NOPAT Growth
0.00% -11,364.52%
Net Income Growth
0.00% -3,821.63%
EPS Growth
0.00% -2,746.67%
Operating Cash Flow Growth
0.00% 0.00%
Free Cash Flow Firm Growth
0.00% 0.00%
Invested Capital Growth
0.00% 0.00%
Revenue Q/Q Growth
0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00%
Profitability Metrics
- -
Gross Margin
81.66% 78.53%
EBITDA Margin
-1.65% -289.79%
Operating Margin
2.80% -292.28%
EBIT Margin
-3.07% -291.16%
Profit (Net Income) Margin
-7.61% -276.56%
Tax Burden Percent
66.25% 92.42%
Interest Burden Percent
373.96% 102.78%
Effective Tax Rate
0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00%
Return on Equity (ROE)
0.00% 0.00%
Cash Return on Invested Capital (CROIC)
0.00% 0.00%
Operating Return on Assets (OROA)
0.00% 0.00%
Return on Assets (ROA)
0.00% 0.00%
Return on Common Equity (ROCE)
0.00% 0.00%
Return on Equity Simple (ROE_SIMPLE)
0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
8.50 -958
NOPAT Margin
1.96% -204.59%
Net Nonoperating Expense Percent (NNEP)
0.00% 258.74%
Return On Investment Capital (ROIC_SIMPLE)
- -28.63%
Cost of Revenue to Revenue
18.34% 21.47%
SG&A Expenses to Revenue
26.50% 309.38%
R&D to Revenue
0.00% 0.00%
Operating Expenses to Revenue
78.86% 370.81%
Earnings before Interest and Taxes (EBIT)
-13 -1,363
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-7.16 -1,357
Valuation Ratios
- -
Price to Book Value (P/BV)
0.00 3.11
Price to Tangible Book Value (P/TBV)
0.00 0.00
Price to Revenue (P/Rev)
0.00 0.00
Price to Earnings (P/E)
0.00 0.00
Dividend Yield
0.00% 0.00%
Earnings Yield
0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 2.32
Enterprise Value to Revenue (EV/Rev)
0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00
Leverage & Solvency
- -
Debt to Equity
0.00 0.67
Long-Term Debt to Equity
0.00 0.67
Financial Leverage
0.00 0.11
Leverage Ratio
0.00 2.29
Compound Leverage Factor
0.00 2.35
Debt to Total Capital
0.00% 40.28%
Short-Term Debt to Total Capital
0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 40.28%
Preferred Equity to Total Capital
0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 18.47%
Common Equity to Total Capital
0.00% 41.25%
Debt to EBITDA
0.00 0.00
Net Debt to EBITDA
0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00
Debt to NOPAT
0.00 0.00
Net Debt to NOPAT
0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00
Altman Z-Score
0.00 0.00
Noncontrolling Interest Sharing Ratio
0.00% 0.00%
Liquidity Ratios
- -
Current Ratio
0.00 1.14
Quick Ratio
0.00 1.10
Cash Flow Metrics
- -
Free Cash Flow to Firm (FCFF)
0.00 -3,669
Operating Cash Flow to CapEx
0.00% 0.00%
Free Cash Flow to Firm to Interest Expense
0.00 -72.21
Operating Cash Flow to Interest Expense
0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00
Efficiency Ratios
- -
Asset Turnover
0.00 0.00
Accounts Receivable Turnover
0.00 0.00
Inventory Turnover
0.00 0.00
Fixed Asset Turnover
0.00 0.00
Accounts Payable Turnover
0.00 0.00
Days Sales Outstanding (DSO)
0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00
Cash Conversion Cycle (CCC)
0.00 0.00
Capital & Investment Metrics
- -
Invested Capital
0.00 2,711
Invested Capital Turnover
0.00 0.00
Increase / (Decrease) in Invested Capital
0.00 2,711
Enterprise Value (EV)
0.00 6,289
Market Capitalization
800 5,270
Book Value per Share
$0.00 $5.43
Tangible Book Value per Share
$0.00 ($6.10)
Total Capital
0.00 4,104
Total Debt
0.00 1,653
Total Long-Term Debt
0.00 1,653
Net Debt
0.00 260
Capital Expenditures (CapEx)
0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -1,219
Debt-free Net Working Capital (DFNWC)
0.00 174
Net Working Capital (NWC)
0.00 174
Net Nonoperating Expense (NNE)
42 337
Net Nonoperating Obligations (NNO)
0.00 260
Total Depreciation and Amortization (D&A)
6.17 6.41
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 0.00%
Debt-free Net Working Capital to Revenue
0.00% 0.00%
Net Working Capital to Revenue
0.00% 0.00%
Earnings Adjustments
- -
Adjusted Basic Earnings per Share
$0.00 ($4.27)
Adjusted Weighted Average Basic Shares Outstanding
0.00 311.63M
Adjusted Diluted Earnings per Share
$0.00 ($4.27)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 312.96M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 345.54M
Normalized Net Operating Profit after Tax (NOPAT)
8.50 -958
Normalized NOPAT Margin
1.96% -204.59%
Pre Tax Income Margin
-11.49% -299.25%
Debt Service Ratios
- -
EBIT to Interest Expense
-0.28 -26.82
NOPAT to Interest Expense
0.18 -18.85
EBIT Less CapEx to Interest Expense
0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00
Payout Ratios
- -
Dividend Payout Ratio
0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Here are the key takeaways for StubHub Holdings, Inc. (NYSE: STUB) based on the latest quarterly results and the last four quarters of data provided (Q4 2025 cash flow, Q3 2025 balance sheet and income statement, Q4 2024 cash flow, Q3 2024 income statement). All figures are in USD.

  • Q3 2025 revenue increased to $468.1M from $433.8M in Q3 2024 (about +8% year over year).
  • Cash and cash equivalents stood at about $1.39B as of Q3 2025, providing liquidity runway.
  • No short-term debt was reported (Short-Term Debt = 0) in Q3 2025, reducing near-term refinancing needs.
  • Net cash from continuing operating activities in Q4 2025 improved meaningfully versus Q4 2024, stepping from a large negative to a small negative (about -$11.1M vs -$149.4M).
  • Cash interest paid declined in Q4 2025 to about $34.65M from $56.50M in Q4 2024, reducing cash outflows in that line item.
  • Issuance of common equity in Q4 2025 provided a small net cash inflow of $0.1M.
  • Non-cash adjustments to reconcile net income added back about $17.54M in Q4 2025, contributing to reported cash flow results.
  • Total assets remained sizable at approximately $5.60B, with substantial goodwill and intangible assets on the balance sheet.
  • Net income (continuing operations) fell sharply in Q3 2025 to -$1.29B, with net income attributable to common shareholders around -$1.33B and EPS of -$4.27.
  • Leverage remains high: total liabilities around $3.15B vs. total equity of about $1.69B; long-term debt is roughly $1.65B, indicating substantial debt load.
05/11/26 09:57 AM ETAI Generated. May Contain Errors.

STUB Financials - Frequently Asked Questions

According to the most recent income statement we have on file, STUB's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

STUB's net income appears to be on an upward trend, with a most recent value of -$1.91 billion in 2025, falling from $405.20 million in 2023. The previous period was -$2.80 million in 2024. View STUB's forecast to see where analysts expect STUB to go next.

STUB's total operating income in 2025 was -$1.34 billion, based on the following breakdown:
  • Total Gross Profit: $1.43 billion
  • Total Operating Expenses: $2.78 billion

Over the last 2 years, STUB's total revenue changed from $1.37 billion in 2023 to $1.75 billion in 2025, a change of 27.6%.

STUB's total liabilities were at $3.11 billion at the end of 2025, a 16.2% decrease from 2024, and a 16.2% decrease since 2024.

In the past 1 years, STUB's cash and equivalents has ranged from $1.00 billion in 2024 to $1.24 billion in 2025, and is currently $1.24 billion as of their latest financial filing in 2025.

Over the last 2 years, STUB's book value per share changed from 0.00 in 2023 to 3.43 in 2025, a change of 342.5%.



Financial statements for NYSE:STUB last updated on 4/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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