Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data StubHub Holdings, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
FY2025
FY2025
Revenue
1,368
1,771
1,745
Cost of revenue
232
334
314
Gross profit
1,136
1,437
1,431
Selling and marketing
518
828
972
General and administrative
275
387
1,715
Operating income
253
138
-1,344
Interest expense
156
180
140
Interest income
22.5
41.1
42.4
Other non-operating income
-168
-101
-201
Pre-tax income
85.6
37.3
-1,545
Income tax
-320
40.1
361
Net income
405
-2.8
-1,906
EBITDA
276
163
-1,318
EPS, basic
1.16
-0.18
-6.25
EPS, diluted
1.14
-0.18
-6.27
Shares, basic (weighted)
302
304
319
Shares, diluted (weighted)
308
304
319
Balance sheet
FY2023
FY2025
FY2025
Cash and equivalents
776
1,001
1,242
Receivables
5.47
6.91
Inventory
16.1
9.23
Other current assets
15.8
16.9
Total current assets
1,051
1,296
Property, plant and equipment
6.51
73.3
Lease right-of-use assets
22.5
21.1
Goodwill
2,687
2,687
Intangible assets
925
903
Other non-current assets
161
75.8
Total assets
5,094
5,054
Accounts payable
113
71.1
Accrued liabilities
269
334
Deferred revenue
707
846
Short-term debt
19.5
0
Total current liabilities
1,108
1,251
Long-term debt
2,312
1,507
Other non-current liabilities
296
261
Total liabilities
3,716
3,112
Total debt
2,332
1,507
Paid-in capital
2,256
4,522
Retained earnings
-1,505
-3,411
Other comprehensive income
129
71.3
Shareholders' equity
890
881
1,184
Total equity
890
881
1,184
Total liabilities and equity
5,094
5,054
Cash flow statement
FY2023
FY2025
FY2025
Net income
405
-2.8
-1,906
Depreciation and amortization
22.8
24.5
25.6
Stock-based compensation
34.9
7.74
1,448
Deferred income tax
-326
57.7
357
Change in receivables
-7.57
6.92
-1.15
Change in inventory
0
-19.8
-6.08
Change in payables
-25.7
73.5
-44.3
Cash from operations
307
261
193
Capital expenditures
-1.72
-1.67
-1.39
Cash from investing
-5.44
-6.38
-34.4
Share buybacks
-1.09
0
-1.01
Cash from financing
94.1
-46.7
71.8
Net change in cash
402
195
243
Free cash flow
306
260
191
Interest paid
207
234
194
Income taxes paid
9.05
5.33
19.3
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $5.44 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
82.1%
Gross profit / revenue.
Operating margin
-69.7%
Operating income / revenue.
EBITDA margin
-68.2%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-71.6%
Pre-tax income / revenue.
Net margin
-91.3%
Net income / revenue.
FCF margin
32.7%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
32.8%
Cash from operations / revenue.
Return on equity (ROE)
-108.9%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-31.8%
Net income / average total assets.
Return on invested capital (ROIC)
-80.4%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue
79.5%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.1%
Capital expenditures / revenue.
D&A / revenue
1.6%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-1.4%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-0.4%
Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
-1,073.0%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
-910.9%
EBITDA vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-26.4%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
-26.4%
Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
34.4%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-0.8%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
4.9%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.04x
Current assets / current liabilities.
Quick ratio
1.00x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.99x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.86x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
25.1%
Total debt / total assets.
Liabilities / assets
62.6%
Total liabilities / total assets.
Net debt
-$296.8M
Total debt - cash - short-term investments. Negative means more cash than debt.
Days inventory + days sales outstanding - days payables.
Capex / operating cash flow
0.2%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$4.67
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$5.11
Revenue / diluted weighted shares.
FCF per share
$1.67
Free cash flow / diluted weighted shares.
Operating cash flow per share
$1.68
Cash from operations / diluted weighted shares.
Book value per share
$4.29
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Share buybacks / free cash flow, when free cash flow is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$2.08B
Share price x shares outstanding.
Enterprise value
$1.78B
Market cap + total debt - cash - short-term investments.
P/S
1.07x
Market cap / revenue.
P/B
1.28x
Market cap / shareholders' equity. Only when equity is positive.
P/FCF
3.28x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
3.27x
Market cap / cash from operations, when positive.
EV/Sales
0.92x
Enterprise value / revenue.
EV/FCF
2.81x
Enterprise value / free cash flow, when both are positive.
FCF yield
30.5%
Free cash flow / market cap.
Earnings yield
-85.0%
Net income / market cap (the inverse of P/E).
Shareholder yield
0.0%
(Dividends paid + share buybacks) / market cap.
What was StubHub Holdings, Inc.'s revenue in fiscal 2025?
StubHub Holdings, Inc. reported revenue of $1.75B for fiscal 2025, 1.4% lower than the year before.
Was StubHub Holdings, Inc. profitable in fiscal 2025?
No. It reported a net loss of $1.91B.
How much free cash flow did StubHub Holdings, Inc. generate in fiscal 2025?
Cash from operations of $192.6M minus capital expenditures of $1.4M left free cash flow of $191.2M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.