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StubHub stock tanks 20% as CEO says it is not giving guidance for current quarter
StubHub reported a $1.33 billion net loss including a $1.4 billion IPO stock compensation charge despite 8% revenue growth and 11% increase in gross merchandise sales, data shows.
- On Thursday after the close, StubHub Holdings Inc. stock fell 20.35% to $14.99 in extended trading after the company released quarterly results.
- StubHub reported a net loss of $1.33 billion and loss per share of $4.27, driven by a one-time $1.4 billion stock-based compensation charge tied to the IPO.
- Revenue details show quarterly revenue of $468.1 million exceeded the LSEG consensus revenue of $452 million, while gross merchandise sales reached $2.4 billion, up 11% year over year.
- Shares are now down roughly 20% from the IPO price of $23.50, with StubHub shares closing at $18.82 on Thursday.
- Management noted that StubHub said its debut quarter as a public company highlighted double-digit GMS growth and a strengthened financial position, according to CEO Eric Baker.
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StubHub: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — StubHub Holdings Inc. (STUB) on Thursday reported a loss of $1.29 billion in its third quarter.
·Albany, United States
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StubHub Holdings (STUB) Crashes Over 25% After First Earnings as Public Company – What’s Really Going On?
StubHub Holdings (NYSE: STUB) shares plunged more than 25% today after the ticket marketplace’s first earnings report as a public company, a deep GAAP loss and a wave of Wall Street price‑target cuts. Here’s what the Q3 2025 numbers and analyst reactions mean for investors. Key Takeaways StubHub’s First Quarter as a Public Company: Growth on the Platform, Noise in the P&L StubHub’s Q3 2025 report is its first full earnings release since going pu…
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