StubHub Holdings' stock soared 15.16% in pre-market trading following the release of its first-quarter 2026 financial results, which significantly exceeded analyst expectations.

The ticketing company reported quarterly earnings of $0.06 per share, beating analyst estimates by a wide margin and marking a substantial improvement from a loss of $0.12 per share in the same period last year. Revenue climbed 12% year-over-year to $446 million, also surpassing consensus estimates.

Management highlighted healthy trends in live events and the resale marketplace, with gross merchandise sales rising 7% to $2.2 billion and adjusted EBITDA increasing 50% to $72.1 million. The company also reiterated its full-year financial outlook, expressing confidence in continued growth driven by strong consumer demand for live events.