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

Match Group is the larger business by last-quarter revenue ($864.0M vs $449.2M, roughly 1.9× StubHub Holdings, Inc.). On growth, Match Group posted the faster year-over-year revenue change (4.0% vs -15.8%). Match Group produced more free cash flow last quarter ($174.0M vs $2.0M).

Match Group, Inc. is an American internet and technology company headquartered in Dallas, Texas. It owns and operates the largest global portfolio of popular online dating services including Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish, Azar, and other dating global brands. The company was owned by IAC until July 2020 when Match Group was spun off as a separate, public company. As of 2019, the company had 9.3 million subscribers, of which 4.6 million were in North America. Japan ...

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.

MTCH vs STUB — Head-to-Head

Bigger by revenue
MTCH
MTCH
1.9× larger
MTCH
$864.0M
$449.2M
STUB
Growing faster (revenue YoY)
MTCH
MTCH
+19.8% gap
MTCH
4.0%
-15.8%
STUB
More free cash flow
MTCH
MTCH
$172.0M more FCF
MTCH
$174.0M
$2.0M
STUB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MTCH
MTCH
STUB
STUB
Revenue
$864.0M
$449.2M
Net Profit
$167.0M
Gross Margin
75.6%
83.1%
Operating Margin
27.4%
Net Margin
19.3%
Revenue YoY
4.0%
-15.8%
Net Profit YoY
41.5%
EPS (diluted)

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
MTCH
MTCH
STUB
STUB
Q1 26
$864.0M
Q4 25
$878.0M
$449.2M
Q3 25
$914.3M
$468.1M
Q2 25
$863.7M
Q1 25
$831.2M
Q4 24
$860.2M
Q3 24
$895.5M
$433.8M
Q2 24
$864.1M
Net Profit
MTCH
MTCH
STUB
STUB
Q1 26
$167.0M
Q4 25
$209.7M
Q3 25
$160.8M
$-1.3B
Q2 25
$125.5M
Q1 25
$117.6M
Q4 24
$158.3M
Q3 24
$136.5M
$-33.0M
Q2 24
$133.3M
Gross Margin
MTCH
MTCH
STUB
STUB
Q1 26
75.6%
Q4 25
74.7%
83.1%
Q3 25
73.0%
Q2 25
72.0%
Q1 25
71.5%
Q4 24
72.5%
Q3 24
71.7%
Q2 24
71.6%
Operating Margin
MTCH
MTCH
STUB
STUB
Q1 26
27.4%
Q4 25
32.4%
Q3 25
24.2%
-292.3%
Q2 25
22.5%
Q1 25
20.8%
Q4 24
26.0%
Q3 24
23.5%
2.8%
Q2 24
23.7%
Net Margin
MTCH
MTCH
STUB
STUB
Q1 26
19.3%
Q4 25
23.9%
Q3 25
17.6%
-276.6%
Q2 25
14.5%
Q1 25
14.1%
Q4 24
18.4%
Q3 24
15.2%
-7.6%
Q2 24
15.4%
EPS (diluted)
MTCH
MTCH
STUB
STUB
Q1 26
Q4 25
$0.83
Q3 25
$0.62
$-4.27
Q2 25
$0.49
Q1 25
$0.44
Q4 24
$0.59
Q3 24
$0.51
$-0.15
Q2 24
$0.48

Balance Sheet & Financial Strength

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

Metric
MTCH
MTCH
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$1.0B
Total DebtLower is stronger
$3.6B
Stockholders' EquityBook value
$-218.1M
Total Assets
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTCH
MTCH
STUB
STUB
Q1 26
$1.0B
Q4 25
$1.0B
Q3 25
$1.1B
$1.4B
Q2 25
$340.4M
Q1 25
$414.2M
Q4 24
$970.7M
Q3 24
$860.9M
$1.1B
Q2 24
$843.6M
Total Debt
MTCH
MTCH
STUB
STUB
Q1 26
$3.6B
Q4 25
$3.5B
Q3 25
$1.7B
Q2 25
Q1 25
$3.4B
Q4 24
$3.8B
Q3 24
$3.8B
Q2 24
$3.8B
Stockholders' Equity
MTCH
MTCH
STUB
STUB
Q1 26
$-218.1M
Q4 25
$-253.5M
Q3 25
$-223.9M
$1.7B
Q2 25
$-230.9M
Q1 25
$-182.7M
Q4 24
$-63.7M
Q3 24
$-88.5M
$815.9M
Q2 24
$-130.2M
Total Assets
MTCH
MTCH
STUB
STUB
Q1 26
$4.4B
Q4 25
$4.5B
Q3 25
$4.5B
$5.6B
Q2 25
$3.9B
Q1 25
$3.9B
Q4 24
$4.5B
Q3 24
$4.4B
Q2 24
$4.4B
Debt / Equity
MTCH
MTCH
STUB
STUB
Q1 26
Q4 25
Q3 25
0.98×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
MTCH
MTCH
STUB
STUB
Operating Cash FlowLast quarter
$194.4M
Free Cash FlowOCF − Capex
$174.0M
$2.0M
FCF MarginFCF / Revenue
20.1%
0.4%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
1.16×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTCH
MTCH
STUB
STUB
Q1 26
$194.4M
Q4 25
$322.8M
Q3 25
$320.6M
$181.4M
Q2 25
$243.8M
Q1 25
$193.1M
Q4 24
$254.7M
Q3 24
$264.9M
Q2 24
$129.0M
Free Cash Flow
MTCH
MTCH
STUB
STUB
Q1 26
$174.0M
Q4 25
$308.1M
$2.0M
Q3 25
$306.8M
$180.3M
Q2 25
$231.0M
Q1 25
$177.7M
Q4 24
$247.1M
Q3 24
$251.8M
Q2 24
$116.3M
FCF Margin
MTCH
MTCH
STUB
STUB
Q1 26
20.1%
Q4 25
35.1%
0.4%
Q3 25
33.6%
38.5%
Q2 25
26.7%
Q1 25
21.4%
Q4 24
28.7%
Q3 24
28.1%
Q2 24
13.5%
Capex Intensity
MTCH
MTCH
STUB
STUB
Q1 26
2.4%
Q4 25
1.7%
Q3 25
1.5%
0.2%
Q2 25
1.5%
Q1 25
1.9%
Q4 24
0.9%
Q3 24
1.5%
Q2 24
1.5%
Cash Conversion
MTCH
MTCH
STUB
STUB
Q1 26
1.16×
Q4 25
1.54×
Q3 25
1.99×
Q2 25
1.94×
Q1 25
1.64×
Q4 24
1.61×
Q3 24
1.94×
Q2 24
0.97×

Financial Flow Comparison

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

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