“In addition, as a result of the Refinancing, the outstanding principal balance of each of the USD Term Loan B and USD Term Loan B2 were consolidated into one loan (the “2024 USD Term Loan” and together with the 2024 Euro Term Loan and the Revolving Credit Fac…”10-Q · Aug 13, 2026 ↗
StubHub Holdings, Inc.
STUB
Market read
StubHub Holdings, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
- Interest expense fell $46.8 million year over year, primarily because StubHub repaid principal on its 2024 USD Term Loan.
- Interest expense decreased $25.2M for the three months ended Mar 31, 2026 primarily due to lower variable interest rates for outstanding term loans and repayments of 2024 USD Term Loan principal.
Invalidation: The isolated read changes if STUB's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Interest expense fell $46.8 million year over year, primarily because StubHub repaid principal on its 2024 USD Term Loan.
- Interest expense decreased $25.2M for the three months ended Mar 31, 2026 primarily due to lower variable interest rates for outstanding term loans and repayments of 2024 USD Term Loan principal.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
No qualifying supportive evidence was identified.
- Latest annual revenue changed -1.4% year over year.
- Operating margin changed -84.8 percentage points in the latest annual period.
- Net margin changed -109.1 percentage points in the latest annual period.
- Diluted shares increased 4.9% in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 4 filings.
- EV/sales is 18% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
5.95Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Foreign currency gains (losses) changed by $109.6 million for the six months ended June 30, 2026 as compared to the same period in 2025, which was primarily attributable to changes in exchange rates affecting our 2024 Euro Term Loan obligation, foreign cash b…”10-Q · Aug 13, 2026 ↗
“The non-cash items included in our net loss for the six months ended June 30, 2025 relate primarily to unrealized foreign exchange losses of $86.9 million and amortization of intangibles of $11.5 million, which was partially offset by $30.7 million of increas…”10-Q · Aug 13, 2026 ↗
“The tax provision for the twelve months ended December 31, 2024 was primarily attributable to the tax expense incurred in connection with our legal entity restructuring completed in 2024.”10-K · Mar 5, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.1× · EV/sales 1.2×. Comparisons use only industry-matched filing peers.
Fewer than 4 annual revenue periods; too little history to scaffold scenarios.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for STUB. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for STUB. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind STUB
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
LLYVALiberty Live Holdings, Inc.competitorFeb 26, 2026 ▾
“Live Nation’s competitors include primary ticketing companies such as Tickets.com, AXS, Paciolan, Inc., CTS Eventim AG, Eventbrite, eTix, SeatGeek, Ticketek, and Fever; secondary ticketing companies such as StubHub, Vivid Seats, Viagogo and SeatGeek; and many…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
STUB is currently a Leader in the organic co-movement group Online Ticket Marketplaces. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for STUB; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.