StubHub reports 50% Adjusted EBITDA growth in Q1, discloses material control weakness

Filed May 13, 2026 · Period ending May 13, 2026 · ~1 min read

Key Changes

• high

  Company disclosed ongoing material weaknesses in internal control over financial reporting that require remediation, raising concerns about the reliability of financial reporting processes.

  Exhibit 99.1 verify on EDGAR →
• high

  Q1 2026 results showed Adjusted EBITDA up 50% to $72.1M (16% margin) on revenue of $446M (up 12%) and GMS of $2.2B (up 7%); swung to $48M net income from $22M loss year-ago.

  Exhibit 99.1 verify on EDGAR →
• high

  Operating cash flow surged 88% to $298M and free cash flow rose 92% to $291M; company ended quarter with $1.5B cash against $1.0B seller payables.

  Exhibit 99.1 verify on EDGAR →