Sphere Entertainment vs StubHub
StubHub reported revenue of $1.7 billion in fiscal 2025, 1.4 times Sphere Entertainment's $1.2 billion in fiscal 2025. Sphere Entertainment's revenue grew 18.8% in its latest year, and StubHub's fell 1.4%. Sphere Entertainment had an operating margin of -18.8%, against -77.0% at StubHub.
Side by side
| Sphere Entertainment | StubHub | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.2B | $1.7B |
| Revenue growth | 18.8% | −1.4% |
| Revenue growth a year, last 5 years | −3.2% | — |
| Gross margin | — | — |
| Operating margin | −18.8% | −77.0% |
| Net margin | 2.7% | −109.2% |
| Free cash flow | — | $191M |
| Free cash flow margin | — | 10.9% |
| Return on capital | −4.8% | −58.0% |
| Net debt to EBITDA | 1.6x | — |
| Dividends and buybacks | $50M | $1M |
| Change in diluted share count | 28.3% | 4.9% |
| Last close | $120.02 | $6.14 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | — | — |
| Piotroski F-score | 7 of 8 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Sphere EntertainmentStubHub
Operating margin
Percent of revenue
Sphere EntertainmentStubHub
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Sphere EntertainmentStubHub
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Sphere Entertainment and StubHub pages.