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Side-by-side financial comparison of Magnera Corp (MAGN) and StubHub Holdings, Inc. (STUB). Click either name above to swap in a different company.

Magnera Corp is the larger business by last-quarter revenue ($792.0M vs $468.1M, roughly 1.7× StubHub Holdings, Inc.). Magnera Corp runs the higher net margin — -4.3% vs -276.6%, a 272.3% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs 7.9%). StubHub Holdings, Inc. produced more free cash flow last quarter ($180.3M vs $-13.0M).

StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.

MAGN vs STUB — Head-to-Head

Bigger by revenue
MAGN
MAGN
1.7× larger
MAGN
$792.0M
$468.1M
STUB
Growing faster (revenue YoY)
MAGN
MAGN
+4.9% gap
MAGN
12.8%
7.9%
STUB
Higher net margin
MAGN
MAGN
272.3% more per $
MAGN
-4.3%
-276.6%
STUB
More free cash flow
STUB
STUB
$193.3M more FCF
STUB
$180.3M
$-13.0M
MAGN

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
MAGN
MAGN
STUB
STUB
Revenue
$792.0M
$468.1M
Net Profit
$-34.0M
$-1.3B
Gross Margin
12.2%
Operating Margin
1.8%
-292.3%
Net Margin
-4.3%
-276.6%
Revenue YoY
12.8%
7.9%
Net Profit YoY
43.3%
-3821.6%
EPS (diluted)
$-0.95
$-4.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MAGN
MAGN
STUB
STUB
Q4 25
$792.0M
Q3 25
$468.1M
Q2 25
$839.0M
Q1 25
$824.0M
Q4 24
$702.0M
Q3 24
$332.1M
$433.8M
Q2 24
$556.0M
Q1 24
$558.0M
Net Profit
MAGN
MAGN
STUB
STUB
Q4 25
$-34.0M
Q3 25
$-1.3B
Q2 25
$-18.0M
Q1 25
$-41.0M
Q4 24
$-60.0M
Q3 24
$-15.2M
$-33.0M
Q2 24
$19.0M
Q1 24
$14.0M
Gross Margin
MAGN
MAGN
STUB
STUB
Q4 25
12.2%
Q3 25
Q2 25
10.7%
Q1 25
10.7%
Q4 24
10.1%
Q3 24
10.7%
Q2 24
6.6%
Q1 24
6.2%
Operating Margin
MAGN
MAGN
STUB
STUB
Q4 25
1.8%
Q3 25
-292.3%
Q2 25
1.5%
Q1 25
0.5%
Q4 24
-3.1%
Q3 24
0.9%
2.8%
Q2 24
3.1%
Q1 24
3.8%
Net Margin
MAGN
MAGN
STUB
STUB
Q4 25
-4.3%
Q3 25
-276.6%
Q2 25
-2.1%
Q1 25
-5.0%
Q4 24
-8.5%
Q3 24
-4.6%
-7.6%
Q2 24
3.4%
Q1 24
2.5%
EPS (diluted)
MAGN
MAGN
STUB
STUB
Q4 25
$-0.95
Q3 25
$-4.27
Q2 25
$-0.51
Q1 25
$-1.15
Q4 24
$-1.69
Q3 24
$-0.33
$-0.15
Q2 24
$0.60
Q1 24
$0.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAGN
MAGN
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$264.0M
$1.4B
Total DebtLower is stronger
$1.9B
$1.7B
Stockholders' EquityBook value
$1.0B
$1.7B
Total Assets
$3.9B
$5.6B
Debt / EquityLower = less leverage
1.86×
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAGN
MAGN
STUB
STUB
Q4 25
$264.0M
Q3 25
$1.4B
Q2 25
$276.0M
Q1 25
$282.0M
Q4 24
$215.0M
Q3 24
$230.0M
$1.1B
Q2 24
$33.9M
Q1 24
$30.2M
Total Debt
MAGN
MAGN
STUB
STUB
Q4 25
$1.9B
Q3 25
$1.7B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$877.4M
Q1 24
$884.7M
Stockholders' Equity
MAGN
MAGN
STUB
STUB
Q4 25
$1.0B
Q3 25
$1.7B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$2.1B
$815.9M
Q2 24
$2.4B
Q1 24
$2.4B
Total Assets
MAGN
MAGN
STUB
STUB
Q4 25
$3.9B
Q3 25
$5.6B
Q2 25
$4.1B
Q1 25
$4.1B
Q4 24
$4.0B
Q3 24
$2.8B
Q2 24
$1.5B
Q1 24
$1.5B
Debt / Equity
MAGN
MAGN
STUB
STUB
Q4 25
1.86×
Q3 25
0.98×
Q2 25
1.77×
Q1 25
1.83×
Q4 24
1.80×
Q3 24
0.91×
Q2 24
0.37×
Q1 24
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAGN
MAGN
STUB
STUB
Operating Cash FlowLast quarter
$2.0M
$181.4M
Free Cash FlowOCF − Capex
$-13.0M
$180.3M
FCF MarginFCF / Revenue
-1.6%
38.5%
Capex IntensityCapex / Revenue
1.9%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAGN
MAGN
STUB
STUB
Q4 25
$2.0M
Q3 25
$181.4M
Q2 25
$0
Q1 25
$65.0M
Q4 24
$-58.0M
Q3 24
$12.2M
Q2 24
$38.0M
Q1 24
$20.0M
Free Cash Flow
MAGN
MAGN
STUB
STUB
Q4 25
$-13.0M
Q3 25
$180.3M
Q2 25
Q1 25
$42.0M
Q4 24
$-74.0M
Q3 24
$3.6M
Q2 24
$23.0M
Q1 24
$12.5M
FCF Margin
MAGN
MAGN
STUB
STUB
Q4 25
-1.6%
Q3 25
38.5%
Q2 25
Q1 25
5.1%
Q4 24
-10.5%
Q3 24
1.1%
Q2 24
4.1%
Q1 24
2.2%
Capex Intensity
MAGN
MAGN
STUB
STUB
Q4 25
1.9%
Q3 25
0.2%
Q2 25
1.5%
Q1 25
2.8%
Q4 24
2.3%
Q3 24
2.6%
Q2 24
2.7%
Q1 24
1.3%
Cash Conversion
MAGN
MAGN
STUB
STUB
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
2.00×
Q1 24
1.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MAGN
MAGN

Other$451.0M57%
United States And Canada$341.0M43%

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

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