StubHub stock slides after first earnings report

Shares in the US resale platform plunged more than 20% after it declined to provide detailed guidance for the current quarter

Eric Baker
Eric Baker

StubHub stock has plummeted by more than 20% in the wake of its first quarterly financial results as a public company.

The American resale platform has posted its Q3 2025 results, revealing revenue of $468 million for the three-month period ending 30 September – up 8% year-over-year – with a net loss of $1.3 billion, attributed to a “one-time stock-based compensation charge of $1.4 billion” relating to the firm’s recent initial public offering (IPO).

Gross Merchandise Sales (GMS) of $2.4 billion were up 11% year-over-year, while adjusted EBITDA…

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