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

NCR Voyix Corp is the larger business by last-quarter revenue ($720.0M vs $468.1M, roughly 1.5× StubHub Holdings, Inc.). NCR Voyix Corp runs the higher net margin — 13.6% vs -276.6%, a 290.2% gap on every dollar of revenue. On growth, StubHub Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs 6.2%).

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.

NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.

STUB vs VYX — Head-to-Head

Bigger by revenue
VYX
VYX
1.5× larger
VYX
$720.0M
$468.1M
STUB
Growing faster (revenue YoY)
STUB
STUB
+1.7% gap
STUB
7.9%
6.2%
VYX
Higher net margin
VYX
VYX
290.2% more per $
VYX
13.6%
-276.6%
STUB

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
STUB
STUB
VYX
VYX
Revenue
$468.1M
$720.0M
Net Profit
$-1.3B
$98.0M
Gross Margin
Operating Margin
-292.3%
2.4%
Net Margin
-276.6%
13.6%
Revenue YoY
7.9%
6.2%
Net Profit YoY
-3821.6%
990.9%
EPS (diluted)
$-4.27
$0.64

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
VYX
VYX
Q4 25
$720.0M
Q3 25
$468.1M
$684.0M
Q2 25
$666.0M
Q1 25
$617.0M
Q4 24
$678.0M
Q3 24
$433.8M
$708.0M
Q2 24
$722.0M
Q1 24
$710.0M
Net Profit
STUB
STUB
VYX
VYX
Q4 25
$98.0M
Q3 25
$-1.3B
$-19.0M
Q2 25
$0
Q1 25
$-17.0M
Q4 24
$-11.0M
Q3 24
$-33.0M
$1.1B
Q2 24
$-73.0M
Q1 24
$-40.0M
Gross Margin
STUB
STUB
VYX
VYX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
23.4%
Q2 24
17.5%
Q1 24
19.4%
Operating Margin
STUB
STUB
VYX
VYX
Q4 25
2.4%
Q3 25
-292.3%
2.2%
Q2 25
2.1%
Q1 25
-3.2%
Q4 24
-0.1%
Q3 24
2.8%
2.3%
Q2 24
-4.7%
Q1 24
-2.7%
Net Margin
STUB
STUB
VYX
VYX
Q4 25
13.6%
Q3 25
-276.6%
-2.8%
Q2 25
Q1 25
-2.8%
Q4 24
-1.6%
Q3 24
-7.6%
152.8%
Q2 24
-10.1%
Q1 24
-5.6%
EPS (diluted)
STUB
STUB
VYX
VYX
Q4 25
$0.64
Q3 25
$-4.27
$-0.16
Q2 25
$-0.03
Q1 25
$-0.15
Q4 24
$-0.05
Q3 24
$-0.15
$7.41
Q2 24
$-0.53
Q1 24
$-0.31

Balance Sheet & Financial Strength

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

Metric
STUB
STUB
VYX
VYX
Cash + ST InvestmentsLiquidity on hand
$1.4B
$231.0M
Total DebtLower is stronger
$1.7B
$1.1B
Stockholders' EquityBook value
$1.7B
$948.0M
Total Assets
$5.6B
$3.9B
Debt / EquityLower = less leverage
0.98×
1.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STUB
STUB
VYX
VYX
Q4 25
$231.0M
Q3 25
$1.4B
$282.0M
Q2 25
$276.0M
Q1 25
$573.0M
Q4 24
$722.0M
Q3 24
$1.1B
$792.0M
Q2 24
$203.0M
Q1 24
$241.0M
Total Debt
STUB
STUB
VYX
VYX
Q4 25
$1.1B
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
$1.1B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
STUB
STUB
VYX
VYX
Q4 25
$948.0M
Q3 25
$1.7B
$848.0M
Q2 25
$867.0M
Q1 25
$857.0M
Q4 24
$933.0M
Q3 24
$815.9M
$1.0B
Q2 24
$-85.0M
Q1 24
$-34.0M
Total Assets
STUB
STUB
VYX
VYX
Q4 25
$3.9B
Q3 25
$5.6B
$4.0B
Q2 25
$4.0B
Q1 25
$4.3B
Q4 24
$4.5B
Q3 24
$4.7B
Q2 24
$4.8B
Q1 24
$5.0B
Debt / Equity
STUB
STUB
VYX
VYX
Q4 25
1.17×
Q3 25
0.98×
Q2 25
Q1 25
Q4 24
1.18×
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
STUB
STUB
VYX
VYX
Operating Cash FlowLast quarter
$181.4M
$60.0M
Free Cash FlowOCF − Capex
$180.3M
FCF MarginFCF / Revenue
38.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
0.61×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STUB
STUB
VYX
VYX
Q4 25
$60.0M
Q3 25
$181.4M
$14.0M
Q2 25
$-242.0M
Q1 25
$-42.0M
Q4 24
$-170.0M
Q3 24
$11.0M
Q2 24
$62.0M
Q1 24
$-35.0M
Free Cash Flow
STUB
STUB
VYX
VYX
Q4 25
Q3 25
$180.3M
$10.0M
Q2 25
$-249.0M
Q1 25
$-50.0M
Q4 24
$-177.0M
Q3 24
$9.0M
Q2 24
$49.0M
Q1 24
$-43.0M
FCF Margin
STUB
STUB
VYX
VYX
Q4 25
Q3 25
38.5%
1.5%
Q2 25
-37.4%
Q1 25
-8.1%
Q4 24
-26.1%
Q3 24
1.3%
Q2 24
6.8%
Q1 24
-6.1%
Capex Intensity
STUB
STUB
VYX
VYX
Q4 25
Q3 25
0.2%
0.6%
Q2 25
1.1%
Q1 25
1.3%
Q4 24
1.0%
Q3 24
0.3%
Q2 24
1.8%
Q1 24
1.1%
Cash Conversion
STUB
STUB
VYX
VYX
Q4 25
0.61×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.01×
Q2 24
Q1 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%

VYX
VYX

Services$484.0M67%
Products$236.0M33%

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