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Side-by-side financial comparison of StubHub Holdings, Inc. (STUB) and Verisign (VRSN). Click either name above to swap in a different company.
StubHub Holdings, Inc. is the larger business by last-quarter revenue ($468.1M vs $425.3M, roughly 1.1× Verisign). Verisign runs the higher net margin — 48.5% vs -276.6%, a 325.0% gap on every dollar of revenue. On growth, StubHub Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs 7.6%). Verisign produced more free cash flow last quarter ($285.1M vs $180.3M).
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.
Verisign, Inc. is an American company based in Reston, Virginia, that operates a diverse array of network infrastructure, including two of the Internet's thirteen root nameservers, the authoritative registry for the .com, .net, and .name generic top-level domains and the .cc country-code top-level domains, and the back-end systems for the .jobs and .edu sponsored top-level domains.
STUB vs VRSN — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $468.1M | $425.3M |
| Net Profit | $-1.3B | $206.2M |
| Gross Margin | — | 88.5% |
| Operating Margin | -292.3% | 67.0% |
| Net Margin | -276.6% | 48.5% |
| Revenue YoY | 7.9% | 7.6% |
| Net Profit YoY | -3821.6% | 7.7% |
| EPS (diluted) | $-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.
| Q4 25 | — | $425.3M | ||
| Q3 25 | $468.1M | $419.1M | ||
| Q2 25 | — | $409.9M | ||
| Q1 25 | — | $402.3M | ||
| Q4 24 | — | $395.4M | ||
| Q3 24 | $433.8M | $390.6M | ||
| Q2 24 | — | $387.1M | ||
| Q1 24 | — | $384.3M |
| Q4 25 | — | $206.2M | ||
| Q3 25 | $-1.3B | $212.8M | ||
| Q2 25 | — | $207.4M | ||
| Q1 25 | — | $199.3M | ||
| Q4 24 | — | $191.5M | ||
| Q3 24 | $-33.0M | $201.3M | ||
| Q2 24 | — | $198.8M | ||
| Q1 24 | — | $194.1M |
| Q4 25 | — | 88.5% | ||
| Q3 25 | — | 88.4% | ||
| Q2 25 | — | 88.0% | ||
| Q1 25 | — | 87.7% | ||
| Q4 24 | — | 87.8% | ||
| Q3 24 | — | 88.0% | ||
| Q2 24 | — | 87.8% | ||
| Q1 24 | — | 87.2% |
| Q4 25 | — | 67.0% | ||
| Q3 25 | -292.3% | 67.8% | ||
| Q2 25 | — | 68.5% | ||
| Q1 25 | — | 67.4% | ||
| Q4 24 | — | 66.7% | ||
| Q3 24 | 2.8% | 68.9% | ||
| Q2 24 | — | 68.8% | ||
| Q1 24 | — | 67.4% |
| Q4 25 | — | 48.5% | ||
| Q3 25 | -276.6% | 50.8% | ||
| Q2 25 | — | 50.6% | ||
| Q1 25 | — | 49.5% | ||
| Q4 24 | — | 48.4% | ||
| Q3 24 | -7.6% | 51.5% | ||
| Q2 24 | — | 51.4% | ||
| Q1 24 | — | 50.5% |
| Q4 25 | — | — | ||
| Q3 25 | $-4.27 | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-0.15 | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.4B | $580.5M |
| Total DebtLower is stronger | $1.7B | — |
| Stockholders' EquityBook value | $1.7B | $-2.2B |
| Total Assets | $5.6B | $1.3B |
| Debt / EquityLower = less leverage | 0.98× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $580.5M | ||
| Q3 25 | $1.4B | $617.7M | ||
| Q2 25 | — | $593.8M | ||
| Q1 25 | — | $648.5M | ||
| Q4 24 | — | $599.9M | ||
| Q3 24 | $1.1B | $644.9M | ||
| Q2 24 | — | $689.9M | ||
| Q1 24 | — | $924.7M |
| Q4 25 | — | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $-2.2B | ||
| Q3 25 | $1.7B | $-2.1B | ||
| Q2 25 | — | $-2.0B | ||
| Q1 25 | — | $-2.0B | ||
| Q4 24 | — | $-2.0B | ||
| Q3 24 | $815.9M | $-1.9B | ||
| Q2 24 | — | $-1.8B | ||
| Q1 24 | — | $-1.6B |
| Q4 25 | — | $1.3B | ||
| Q3 25 | $5.6B | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.7B |
| Q4 25 | — | — | ||
| Q3 25 | 0.98× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $181.4M | $289.6M |
| Free Cash FlowOCF − Capex | $180.3M | $285.1M |
| FCF MarginFCF / Revenue | 38.5% | 67.0% |
| Capex IntensityCapex / Revenue | 0.2% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 1.40× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $289.6M | ||
| Q3 25 | $181.4M | $307.7M | ||
| Q2 25 | — | $202.5M | ||
| Q1 25 | — | $291.3M | ||
| Q4 24 | — | $231.5M | ||
| Q3 24 | — | $253.4M | ||
| Q2 24 | — | $160.4M | ||
| Q1 24 | — | $257.3M |
| Q4 25 | — | $285.1M | ||
| Q3 25 | $180.3M | $303.0M | ||
| Q2 25 | — | $194.7M | ||
| Q1 25 | — | $285.5M | ||
| Q4 24 | — | $222.0M | ||
| Q3 24 | — | $247.8M | ||
| Q2 24 | — | $151.2M | ||
| Q1 24 | — | $253.5M |
| Q4 25 | — | 67.0% | ||
| Q3 25 | 38.5% | 72.3% | ||
| Q2 25 | — | 47.5% | ||
| Q1 25 | — | 71.0% | ||
| Q4 24 | — | 56.1% | ||
| Q3 24 | — | 63.4% | ||
| Q2 24 | — | 39.1% | ||
| Q1 24 | — | 66.0% |
| Q4 25 | — | 1.1% | ||
| Q3 25 | 0.2% | 1.1% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 1.0% |
| Q4 25 | — | 1.40× | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.46× | ||
| Q4 24 | — | 1.21× | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 1.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
STUB
| Transaction Fees | $453.4M | 97% |
| Other | $14.7M | 3% |
VRSN
Segment breakdown not available.