Stubhub Holdings, Inc. balance sheet
At the end of fiscal 2025, Stubhub Holdings, Inc. had total assets of $5.05bn, total liabilities of $3.11bn and shareholders' equity of $1.18bn. It held $1.24bn in cash against $1.54bn of debt: net debt of $294m.
Balance sheet
| Fiscal year | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|
| Cash and equivalents | 776 | 1,001 | 1,242 | 1,693 |
| Receivables | — | 5 | 7 | 14 |
| Inventory | — | 16 | 9 | 5 |
| Total current assets | — | 1,051 | 1,296 | 1,785 |
| Goodwill | — | 2,687 | 2,687 | 2,687 |
| Total assets | — | 5,094 | 5,054 | 5,559 |
| Accounts payable | — | 113 | 71 | 53 |
| Deferred revenue (current) | — | 707 | 846 | 1,307 |
| Total current liabilities | — | 1,108 | 1,251 | 1,709 |
| Short-term debt | — | 20 | 0 | — |
| Long-term debt | — | 2,312 | 1,507 | 1,396 |
| Total debt | 0 | 2,385 | 1,535 | 1,420 |
| Total liabilities | — | 3,716 | 3,112 | 3,481 |
| Shareholders' equity | 890 | 881 | 1,184 | 1,623 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 497 | 758 | 454 |
| Net debt (negative = net cash) | −776 | 1,384 | 294 | −273 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | — | 5 | — | — | 6 | 7 | 10 | 14 |
| Inventory | — | 16 | — | — | 2 | 9 | 9 | 5 |
| Total current assets | — | 1,051 | — | — | 1,440 | 1,296 | 1,623 | 1,785 |
| Goodwill | — | 2,687 | — | — | 2,687 | 2,687 | 2,687 | 2,687 |
| Total assets | — | 5,094 | — | — | 5,601 | 5,054 | 5,354 | 5,559 |
| Accounts payable | — | 113 | — | — | 67 | 71 | 64 | 53 |
| Deferred revenue (current) | — | 707 | — | — | 866 | 846 | 1,112 | 1,307 |
| Total current liabilities | — | 1,108 | — | — | 1,266 | 1,251 | 1,472 | 1,709 |
| Short-term debt | — | 20 | — | — | 0 | 0 | — | — |
| Long-term debt | — | 2,312 | — | — | 1,653 | 1,507 | 1,496 | 1,396 |
| Total debt | — | 2,332 | — | — | 1,653 | 1,507 | 1,496 | 1,396 |
| Total liabilities | — | 3,716 | — | — | 3,150 | 3,112 | 3,336 | 3,481 |
| Shareholders' equity | 816 | 881 | 863 | 800 | 1,693 | 1,184 | 1,564 | 1,623 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 497 | — | — | 758 | 758 | 454 | 454 |
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