
StubHub (NYSE:STUB) reported higher first-quarter revenue and profitability as management said the ticket marketplace is benefiting from scale, marketing efficiency and healthy demand for live events.
On the company’s first-quarter 2026 earnings call, Founder, Chairman and Chief Executive Officer Eric Baker said gross merchandise sales, or GMS, rose 7% year over year to $2.2 billion, while adjusted EBITDA margin expanded to 16%. Baker said StubHub also generated “healthy cash flow,” allowing the company to reduce leverage and strengthen its balance sheet.