StubHub Holdings Inc. reported a revenue increase of 12% [1] and a net income of $32.5 million [5] for the first quarter of 2026.
The results signal a period of growth and profitability for the New York-based ticket marketplace as it scales its operations and expands margins.
Gross Merchandise Sales (GMS) rose seven percent to $2.2 billion [2]. Founder, CEO, and Chairman Eric Baker said the company is off to a positive start in 2026 with solid top line growth and increased profitability.
Earnings per share for the first quarter reached six cents [6]. Following the release of these financial results, company shares rose [7].
Baker also confirmed the company's full-year expectations. StubHub reiterated its 2026 GMS outlook, projecting between $9.9 billion and $10.1 billion [3]. The company also reaffirmed its adjusted EBITDA outlook for the year, estimating between $400 million and $420 million [4].
Baker said GMS increased seven percent to $2.2 billion [2]. This growth supports the company's broader goal of maintaining profitability, while increasing its market share in the secondary ticket market.
“"We are off to a positive start in 2026 with solid top line growth and increased profitability."”
The reaffirmation of full-year guidance suggests StubHub is confident in the stability of the live event resale market. By hitting these targets, the company demonstrates that its pricing and operational strategies are effectively converting gross sales into net profit, which is critical for maintaining investor confidence in its stock performance.
