vs

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

SLM Corp is the larger business by last-quarter revenue ($560.0M vs $468.1M, roughly 1.2× StubHub Holdings, Inc.). SLM Corp runs the higher net margin — 55.0% vs -276.6%, a 331.6% gap on every dollar of revenue.

Nikon SLM Solutions AG, headquartered in Lübeck, Germany, is a manufacturer of 3D metal printers listed on the stock market and co-owner of the word mark SLM. The shares of SLM Solutions Group AG have been listed in Prime Standard of the Frankfurt Stock Exchange since May 9, 2014.

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.

SLM vs STUB — Head-to-Head

Bigger by revenue
SLM
SLM
1.2× larger
SLM
$560.0M
$468.1M
STUB
Higher net margin
SLM
SLM
331.6% more per $
SLM
55.0%
-276.6%
STUB

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
SLM
SLM
STUB
STUB
Revenue
$560.0M
$468.1M
Net Profit
$308.0M
$-1.3B
Gross Margin
Operating Margin
69.6%
-292.3%
Net Margin
55.0%
-276.6%
Revenue YoY
7.9%
Net Profit YoY
1.0%
-3821.6%
EPS (diluted)
$1.54
$-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
SLM
SLM
STUB
STUB
Q1 26
$560.0M
Q4 25
$377.1M
Q3 25
$373.0M
$468.1M
Q2 25
$376.8M
Q1 25
$375.0M
Q4 24
$362.2M
Q3 24
$359.4M
$433.8M
Q2 24
$372.2M
Net Profit
SLM
SLM
STUB
STUB
Q1 26
$308.0M
Q4 25
$233.2M
Q3 25
$135.8M
$-1.3B
Q2 25
$71.3M
Q1 25
$304.5M
Q4 24
$111.6M
Q3 24
$-45.2M
$-33.0M
Q2 24
$252.0M
Operating Margin
SLM
SLM
STUB
STUB
Q1 26
69.6%
Q4 25
83.8%
Q3 25
49.8%
-292.3%
Q2 25
23.3%
Q1 25
Q4 24
36.5%
Q3 24
-16.6%
2.8%
Q2 24
91.0%
Net Margin
SLM
SLM
STUB
STUB
Q1 26
55.0%
Q4 25
61.8%
Q3 25
36.4%
-276.6%
Q2 25
18.9%
Q1 25
81.2%
Q4 24
30.8%
Q3 24
-12.6%
-7.6%
Q2 24
67.7%
EPS (diluted)
SLM
SLM
STUB
STUB
Q1 26
$1.54
Q4 25
$1.11
Q3 25
$0.63
$-4.27
Q2 25
$0.32
Q1 25
$1.40
Q4 24
$0.53
Q3 24
$-0.23
$-0.15
Q2 24
$1.11

Balance Sheet & Financial Strength

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

Metric
SLM
SLM
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$5.2B
$1.4B
Total DebtLower is stronger
$6.2B
$1.7B
Stockholders' EquityBook value
$2.4B
$1.7B
Total Assets
$29.4B
$5.6B
Debt / EquityLower = less leverage
2.53×
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLM
SLM
STUB
STUB
Q1 26
$5.2B
Q4 25
$4.2B
Q3 25
$3.5B
$1.4B
Q2 25
$4.1B
Q1 25
$3.7B
Q4 24
$4.7B
Q3 24
$4.5B
$1.1B
Q2 24
$5.3B
Total Debt
SLM
SLM
STUB
STUB
Q1 26
$6.2B
Q4 25
$5.4B
Q3 25
$6.8B
$1.7B
Q2 25
$6.4B
Q1 25
$6.1B
Q4 24
$6.4B
Q3 24
$6.0B
Q2 24
$5.4B
Stockholders' Equity
SLM
SLM
STUB
STUB
Q1 26
$2.4B
Q4 25
$2.5B
Q3 25
$2.3B
$1.7B
Q2 25
$2.4B
Q1 25
$2.4B
Q4 24
$2.2B
Q3 24
$2.1B
$815.9M
Q2 24
$2.3B
Total Assets
SLM
SLM
STUB
STUB
Q1 26
$29.4B
Q4 25
$29.7B
Q3 25
$29.6B
$5.6B
Q2 25
$29.6B
Q1 25
$28.9B
Q4 24
$30.1B
Q3 24
$30.0B
Q2 24
$28.8B
Debt / Equity
SLM
SLM
STUB
STUB
Q1 26
2.53×
Q4 25
2.19×
Q3 25
2.92×
0.98×
Q2 25
2.70×
Q1 25
2.56×
Q4 24
2.98×
Q3 24
2.83×
Q2 24
2.37×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLM
SLM
STUB
STUB
Q1 26
Q4 25
$-64.5M
Q3 25
$-49.3M
$181.4M
Q2 25
$-138.7M
Q1 25
$-146.1M
Q4 24
$4.5M
Q3 24
$-113.4M
Q2 24
$-143.8M
Free Cash Flow
SLM
SLM
STUB
STUB
Q1 26
Q4 25
Q3 25
$180.3M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
SLM
SLM
STUB
STUB
Q1 26
Q4 25
Q3 25
38.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
SLM
SLM
STUB
STUB
Q1 26
Q4 25
Q3 25
0.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
SLM
SLM
STUB
STUB
Q1 26
Q4 25
-0.28×
Q3 25
-0.36×
Q2 25
-1.95×
Q1 25
-0.48×
Q4 24
0.04×
Q3 24
Q2 24
-0.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SLM
SLM

Net Interest Income$375.0M67%
Noninterest Income$185.0M33%

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

Related Comparisons