# StubHub Q3 Earnings Miss

> StubHub's Q3 earnings miss 64.3% of estimates despite revenue growth.
- Title: StubHub Q3 Earnings Miss | Shortify
- Summary: StubHub's Q3 earnings miss 64.3% of estimates despite revenue growth. StubHub Holdings reported Q3 2026 EPS of $0.05 vs $0.14 estimates, revenue $502.0M vs…
- Keywords: stubhub holdings, eps, revenue, q3 2026, earnings miss, analyst estimates, revenue growth, net margin, Alphastreet - Earnings Decoded. Market Intelligence Delivered
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/stubhub-holdings-q3-2026-deep-dive-eps-misses-estimates-revenue-up-7
- Author: AlphaStreet Newsdesk
- Published: 2026-11-11T20:46:21+00:00
- Read time: 1 min
- Topics: stubhub holdings, eps, revenue, q3 2026, earnings miss, analyst estimates, revenue growth, net margin
## Q3 2026 Earnings Results
StubHub Holdings delivered a miss on both top and bottom lines in Q3 2026, with earnings falling 64.3% short of analyst expectations despite management's upbeat characterization of results.
## Financial Metrics
STUB | EPS $0.05 vs $0.14 est (-64.3%) | Rev $502.0M vs $514.6M est (-2.4%) | Net Income $33.6M.
## Earnings Quality
Net margin reached 6.7% in the quarter compared to a year-ago net margin of -275.6%, representing a significant improvement year-over-year.
## Revenue Trend
Q2 2026 revenue peaked at $573.1M before retreating to $502.0M in Q3, while Q1 2026 generated $446.0M and Q4 2025 posted $449.2M.
## Cash Flow
Operating cash flow was a negative $398.8M, and negative free cash flow $410.1M.
## Management Guidance
Management raised full-year GMS outlook to 11-13% growth and reiterating adjusted EBITDA outlook of $400 million to $420 million.
## What to Watch
Q4 sequential revenue recovery will test whether Q3's decline represents seasonal normalization or competitive market share loss.
## Key takeaway

StubHub Holdings reported Q3 2026 EPS of $0.05 vs $0.14 estimates, revenue $502.0M vs $514.6M estimates, with 7% YoY revenue growth.