StubHub Files for IPO, Ticket Resale Platform’s Sales Climbed 29% to $1.8 Billion in 2024 but Swung to a Loss
variety.comTodd Spangler NY Digital Editor StubHub, a secondary ticketing marketplace for live events, filed a registration statement Friday with the SEC for an initial public offering.
The number of shares to be offered in StubHub’s IPO and the price range for the proposed offering have not yet been determined.
StubHub has applied to list its Class A common stock on the New York Stock Exchange under the ticker symbol “STUB.” According to its S-1 filing with the SEC, StubHub generated $1.77 billion in revenue, up 29% year over year, and had a net loss of $2.8 million for 2024.
That’s compared with $1.37 billion in revenue for 2023 and net income of $405 million. More than 40 million tickets were sold on StubHub’s marketplace last year from around 1 million sellers, according to the company.
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