StubHub To Go Public in September?

Secondary ticket platform StubHub looks set to go public with an initial public offering (IPO) in September.

False starts:

• StubHub made a series of abandoned attempts to go public in 2021.

• Last year it was reportedly targeting a $16.5 billion summer IPO, which was delayed.

• Plans were once again paused in April this year due to what Digital Music News calls “volatile market conditions caused by new US tariffs.”

• StubHub has now reportedly marked September 1 for the launch of its IPO, with a New York Stock Exchange debut later that month.

• The company hopes to raise $1 billion with the IPO.

Mixed results:

• According to StubHub’s SEC filing for the quarter ending March 31, 2025, the company reported $397.6 million in revenue, a 10% YoY increase.

• However, its net loss grew to $35.9 million, up from $29.7 million over the same period in 2024.

• Gross merchandise sales (total value of tickets sold) jumped 15% YoY to $2.08 billion.

• Less appealing to potential investors is the company’s poor reputation with consumers, with the Better Business Bureau grading it an F.