StubHub, the online ticket marketplace, announced its first-quarter 2026 financial results on May 13, 2026. The company reported revenue of $1.2 billion, a 15% increase compared to the same period last year. This growth was primarily attributed to robust demand for live events, including concerts and sports games.
Gross merchandise value (GMV) reached $3.8 billion, up 12% year-over-year. The company also noted a 20% rise in active buyers, totaling 8 million users. StubHub attributed this growth to expanded event inventory and improved user experience on its platform.
Net income for the quarter was $85 million, compared to $72 million in Q1 2025. Operating income increased to $110 million from $95 million. The company highlighted its successful expansion into international markets, particularly in Europe and Asia.
StubHub's CEO stated, 'Our strong Q1 results reflect the continued recovery of the live events industry and our ability to capture market share through innovation and customer focus.' The company expects full-year 2026 revenue to grow by 10-12%.
