StubHub Q1 Revenue Beats, Profit Surges

StubHub reported Q1 2026 revenue of $446 million, up 12% YoY, beating $425 million consensus.
Adjusted EBITDA rose 50% to $72.1 million (16% margin), while net income turned positive $48 million, 11% margin.
Free cash flow jumped 92% to $290.6 million; company ended quarter with $1.5 billion cash and paid $100 million debt.
Shares rose 14.2% in after‑hours trading; FY2026 outlook projects $9.9‑$10.1 billion GMS and $400‑$420 million EBITDA.