StubHub Holdings, Inc.STUB
▲ PositiveDemandrelevance
Raises FY2026 GMS outlook on World Cup-driven demand and strong Q2 growth.
Impact on stocks 1
Communication Services
StubHub Holdings, Inc.StubHub raised its full-year 2026 gross merchandise sales guidance to a range of $10.1 billion to $10.3 billion while maintaining adjusted EBITDA guidance of $400 million to $420 million. The company reported second-quarter GMS of $3.1 billion, up 34% year-over-year, and adjusted EBITDA of approximately $106 million, nearly double the prior year. Revenue increased 33% to $573 million, with gross margin of about 82%. Management cited World Cup-driven demand as a key factor, with fans from over 150 countries purchasing tickets, and noted that a small subset of orders experienced fulfillment issues, prompting increased investment in customer support. The company also highlighted early-stage sponsored listings and open distribution partnerships, including the American Athletic Conference, as growth initiatives.
StubHub Holdings, Inc.Raises FY2026 GMS outlook on World Cup-driven demand and strong Q2 growth.