| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 382.40 | 3.9% |
| Total Income | 382.40 | 3.9% |
| Expenditure | 407.60 | 1.3% |
| PBT | -31.60 | 58.0% |
| Net Profit | -32.40 | 194.6% |
| OPM | -6.59% | 2.82pp |
| NPM | -8.47% | 5.71pp |
| EPS | -0.28 | 250.0% |
Tripadvisor Reports Q1 2026 Revenue of $382.4 Million, Down 4% Y-o-Y
07 May 2026 · 7 May, 4:37 pm
Summary
Tripadvisor reported a 4% year-over-year decrease in revenue for the first quarter of 2026, totaling $382.4 million. The company experienced a net loss of $32.4 million, or $(0.28) diluted EPS. Adjusted EBITDA was $22.1 million, representing 5.8% of revenue. Management is focused on driving a durable leadership position in Experiences, simplifying the portfolio, and focusing on the best path for value recognition across assets.
Key Highlights
- 1
Tripadvisor's first quarter revenue was $382.4 million, a decrease of 4% year-over-year.
- 2
The company reported a net loss of $32.4 million for the first quarter, or $(0.28) diluted EPS.
- 3
Non-GAAP net loss for the first quarter was $13.1 million, or $(0.11) diluted EPS.
- 4
Adjusted EBITDA for the first quarter was $22.1 million, representing 5.8% of revenue.
- 5
Experiences revenue for the first quarter was $167.9 million, reflecting year-over-year growth of 8%.
- 6
TheFork revenue for the first quarter was $57.3 million, reflecting year-over-year growth of 23%.
Management Comments
Matt Goldberg
“We kicked off 2026 by delivering Q1 Group revenue in-line and adjusted EBITDA ahead of expectations, despite the dynamic changes in the macro environment between the start and end of the period. In Experiences we started the quarter with accelerated growth, reflecting the strength of our combined offering and the underlying opportunity we see in the category as we continue to scale globally. We are dedicated to driving a durable leadership position in Experiences, simplifying our portfolio, and focusing on the best path for value recognition across our assets.”
Mike Noonan
“We are pleased with our first quarter results, which reflect the strategic shift of our priorities toward Experiences and the simplification of our legacy portfolio. Despite macro uncertainties, we remain committed to disciplined investments across marketing, product, and data to deliver a best-in-class traveler experience. These priorities reinforce our confidence in sustainable revenue and profit growth for both Experiences and the Group.”
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