StubHub Holdings Operating Margin Growth & History (STUB)
StubHub Holdings's operating margin was −77.01% for fiscal 2025.
View full StubHub Holdings company overviewStubHub Holdings annual operating margin history
2022
2023
2024
2025
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −77.01% | −84.81 pp |
| 2024 | 2024-12-31 | 7.80% | −10.72 pp |
| 2023 | 2023-12-31 | 18.52% | +39.49 pp |
| 2022 | 2022-12-31 | −20.97% | — |
StubHub Holdings quarterly operating margin
Q3.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.40% | −2.43 pp |
| Q1 2026 | 2026-03-31 | 5.79% | −0.96 pp |
| Q4 2025 | 2025-12-31 | −6.16% | — |
| Q3 2025 | 2025-09-30 | −292.28% | −295.08 pp |
| Q2 2025 | 2025-06-30 | 5.82% | — |
| Q1 2025 | 2025-03-31 | 6.75% | — |
| Q3 2024 | 2024-09-30 | 2.80% | — |
StubHub Holdings operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, StubHub Holdings's operating margin decreased from −20.97% to −77.01%, a change of −56.04 percentage points. The latest reported quarter, Q2 2026, shows 3.40%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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