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

StubHub Holdings, Inc. is the larger business by last-quarter revenue ($468.1M vs $406.8M, roughly 1.2× VIAVI SOLUTIONS INC.). VIAVI SOLUTIONS INC. runs the higher net margin — 1.6% vs -276.6%, a 278.1% gap on every dollar of revenue. On growth, VIAVI SOLUTIONS INC. posted the faster year-over-year revenue change (42.8% vs 7.9%).

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.

Viavi Solutions Inc., formerly part of JDS Uniphase Corporation (JDSU), is an American network test, measurement and assurance technology company based in Chandler, Arizona. The company manufactures testing and monitoring equipment for networks. It also develops optical technology used for a range of applications including material quality control, currency anti-counterfeiting and 3D motion sensing, including Microsoft's Kinect video game controller.

STUB vs VIAV — Head-to-Head

Bigger by revenue
STUB
STUB
1.2× larger
STUB
$468.1M
$406.8M
VIAV
Growing faster (revenue YoY)
VIAV
VIAV
+34.9% gap
VIAV
42.8%
7.9%
STUB
Higher net margin
VIAV
VIAV
278.1% more per $
VIAV
1.6%
-276.6%
STUB

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
STUB
STUB
VIAV
VIAV
Revenue
$468.1M
$406.8M
Net Profit
$-1.3B
$6.4M
Gross Margin
57.5%
Operating Margin
-292.3%
6.1%
Net Margin
-276.6%
1.6%
Revenue YoY
7.9%
42.8%
Net Profit YoY
-3821.6%
-76.1%
EPS (diluted)
$-4.27
$0.03

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
STUB
STUB
VIAV
VIAV
Q1 26
$406.8M
Q4 25
$369.3M
Q3 25
$468.1M
$299.1M
Q2 25
$290.5M
Q1 25
$284.8M
Q4 24
$270.8M
Q3 24
$433.8M
$238.2M
Q2 24
$252.0M
Net Profit
STUB
STUB
VIAV
VIAV
Q1 26
$6.4M
Q4 25
$-48.1M
Q3 25
$-1.3B
$-21.4M
Q2 25
$8.0M
Q1 25
$19.5M
Q4 24
$9.1M
Q3 24
$-33.0M
$-1.8M
Q2 24
$-21.7M
Gross Margin
STUB
STUB
VIAV
VIAV
Q1 26
57.5%
Q4 25
57.0%
Q3 25
56.5%
Q2 25
56.3%
Q1 25
56.4%
Q4 24
59.4%
Q3 24
57.1%
Q2 24
57.8%
Operating Margin
STUB
STUB
VIAV
VIAV
Q1 26
6.1%
Q4 25
3.1%
Q3 25
-292.3%
2.5%
Q2 25
5.3%
Q1 25
3.0%
Q4 24
8.2%
Q3 24
2.8%
4.8%
Q2 24
-2.3%
Net Margin
STUB
STUB
VIAV
VIAV
Q1 26
1.6%
Q4 25
-13.0%
Q3 25
-276.6%
-7.2%
Q2 25
2.8%
Q1 25
6.8%
Q4 24
3.4%
Q3 24
-7.6%
-0.8%
Q2 24
-8.6%
EPS (diluted)
STUB
STUB
VIAV
VIAV
Q1 26
$0.03
Q4 25
$-0.21
Q3 25
$-4.27
$-0.10
Q2 25
$0.03
Q1 25
$0.09
Q4 24
$0.04
Q3 24
$-0.15
$-0.01
Q2 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
STUB
STUB
VIAV
VIAV
Cash + ST InvestmentsLiquidity on hand
$1.4B
$500.8M
Total DebtLower is stronger
$1.7B
$1.1B
Stockholders' EquityBook value
$1.7B
$846.5M
Total Assets
$5.6B
$2.5B
Debt / EquityLower = less leverage
0.98×
1.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STUB
STUB
VIAV
VIAV
Q1 26
$500.8M
Q4 25
$767.4M
Q3 25
$1.4B
$545.6M
Q2 25
$425.3M
Q1 25
$396.8M
Q4 24
$509.4M
Q3 24
$1.1B
$493.1M
Q2 24
$491.2M
Total Debt
STUB
STUB
VIAV
VIAV
Q1 26
$1.1B
Q4 25
$1.2B
Q3 25
$1.7B
$640.5M
Q2 25
$396.3M
Q1 25
$396.1M
Q4 24
$639.3M
Q3 24
$637.6M
Q2 24
$636.0M
Stockholders' Equity
STUB
STUB
VIAV
VIAV
Q1 26
$846.5M
Q4 25
$834.3M
Q3 25
$1.7B
$723.9M
Q2 25
$780.2M
Q1 25
$728.8M
Q4 24
$682.8M
Q3 24
$815.9M
$702.1M
Q2 24
$681.6M
Total Assets
STUB
STUB
VIAV
VIAV
Q1 26
$2.5B
Q4 25
$2.8B
Q3 25
$5.6B
$2.1B
Q2 25
$2.0B
Q1 25
$1.9B
Q4 24
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Debt / Equity
STUB
STUB
VIAV
VIAV
Q1 26
1.28×
Q4 25
1.46×
Q3 25
0.98×
0.88×
Q2 25
0.51×
Q1 25
0.54×
Q4 24
0.94×
Q3 24
0.91×
Q2 24
0.93×

Cash Flow & Capital Efficiency

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

Metric
STUB
STUB
VIAV
VIAV
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
STUB
STUB
VIAV
VIAV
Q1 26
Q4 25
$42.5M
Q3 25
$181.4M
$31.0M
Q2 25
$23.8M
Q1 25
$7.8M
Q4 24
$44.7M
Q3 24
$13.5M
Q2 24
$26.2M
Free Cash Flow
STUB
STUB
VIAV
VIAV
Q1 26
Q4 25
$36.9M
Q3 25
$180.3M
$22.5M
Q2 25
$18.3M
Q1 25
$1.0M
Q4 24
$36.5M
Q3 24
$6.2M
Q2 24
$22.4M
FCF Margin
STUB
STUB
VIAV
VIAV
Q1 26
Q4 25
10.0%
Q3 25
38.5%
7.5%
Q2 25
6.3%
Q1 25
0.4%
Q4 24
13.5%
Q3 24
2.6%
Q2 24
8.9%
Capex Intensity
STUB
STUB
VIAV
VIAV
Q1 26
Q4 25
1.5%
Q3 25
0.2%
2.8%
Q2 25
1.9%
Q1 25
2.4%
Q4 24
3.0%
Q3 24
3.1%
Q2 24
1.5%
Cash Conversion
STUB
STUB
VIAV
VIAV
Q1 26
Q4 25
Q3 25
Q2 25
2.98×
Q1 25
0.40×
Q4 24
4.91×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

VIAV
VIAV

Segment breakdown not available.

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