For the quarter ending 2026-03-31, STUB had $284,437K increase in cash & cash equivalents over the period. $298,247K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income (loss) | 48,045 | -535,313 | -1,370,621 |
| Depreciation | 2,215 | 708 | 1,829 |
| Amortization of intangible assets | 5,678 | 5,729 | 17,338 |
| Stock-based compensation | 31,006 | 34,889 | 1,412,779 |
| Amortization of debt issuance costs | 997 | 1,514 | 6,535 |
| Losses on derivatives | -2,873 | -4,362 | -7,602 |
| Amortization of unrealized losses on cash flow hedge | -7,166 | -7,455 | -23,924 |
| Unrealized foreign exchange (gains) losses | 21,709 | -3,748 | -87,647 |
| Loss on extinguishment of debt | - | -3,038 | -15,454 |
| Deferred income taxes | -3,908 | 492,274 | -135,458 |
| Fair value change for preferred stocks and preferred stock bifurcated derivatives | -8,031 | -4,378 | 15,825 |
| Other | -532 | -4,629 | -6,840 |
| Accounts receivable | 2,782 | 663 | 491 |
| Inventory | -409 | 13,385 | -7,302 |
| Prepaid expenses and other current assets | 8,057 | 1,795 | 8,125 |
| Other non-current assets | -301 | 302 | 1,667 |
| Operating lease right-of-use assets | 1,164 | 1,209 | 3,359 |
| Accounts payable | -4,443 | 5,624 | -49,937 |
| Payments due to buyers and sellers | 273,649 | -24,662 | 131,165 |
| Accrued expenses and other current liabilities | -20,397 | 11,059 | 26,600 |
| Other non-current liabilities | 9,220 | 31,237 | 33,839 |
| Operating lease liabilities | -1,180 | -934 | -2,455 |
| Net cash provided by operating activities | 298,416 | 11,133 | 181,436 |
| Capitalized software development costs | 7,629 | 8,690 | 22,842 |
| Purchases of property and equipment | 169 | 223 | 1,170 |
| Purchases of intangible assets | 44 | 257 | 1,198 |
| Net cash used in investing activities | -7,842 | -9,170 | -25,210 |
| Proceeds from issuance of common stock upon initial public offering, net of underwriting discounts and commissions | - | 0 | 758,000 |
| Proceeds from issuance of redeemable preferred stock-Series LRedeemable Preferred Stock | - | 0 | - |
| Proceeds from issuance of redeemable preferred stock-Series MRedeemable Preferred Stock | - | 0 | 0 |
| Proceeds from issuance of redeemable preferred stock-Series NRedeemable Preferred Stock | - | 0 | 50,000 |
| Proceeds from issuance of redeemable preferred stock-Series ORedeemable Preferred Stock | - | 0 | 254,893 |
| Proceeds from issuance of class a common stock upon exercise of stock options and warrants | 32 | 100 | 59 |
| Proceeds from issuance of debt | - | 0 | 0 |
| Proceeds from partial interest rate swap termination | - | 3,740 | 14,010 |
| Proceeds from revolving credit facility | - | 0 | - |
| Repayment of revolving credit facility | - | 0 | - |
| Repurchase and retirement of class a common stock | 0 | 5 | 1,000 |
| Repayment of long-term debt obligations | 0 | 150,000 | 759,763 |
| Payment of tax withholding obligations on vested equity awards | 2,608 | 4,657 | 81,607 |
| Payments of deferred offering costs | 2,055 | 1,928 | 10,050 |
| Payment of debt issuance costs | - | 0 | 0 |
| Net cash used in financing activities | -4,631 | -152,750 | 224,542 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | -1,506 | 515 | 12,723 |
| Net increase in cash, cash equivalents, and restricted cash | 284,437 | -150,272 | 393,491 |
| Cash, cash equivalents, and restricted cash at beginning of period | 1,259,129 | 1,409,403 | 1,015,912 |
| Cash, cash equivalents, and restricted cash at end of period | 1,543,566 | 1,259,130 | 1,409,403 |
StubHub Holdings, Inc. (STUB)
StubHub Holdings, Inc. (STUB)