| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 441.90 | 15.6% | 16.5% |
| Total Income | 441.90 | 15.6% | 16.5% |
| Expenditure | 404.10 | 0.9% | 14.0% |
| PBT | 28.10 | 188.9% | 40.2% |
| Net Profit | 22.40 | 169.1% | 37.8% |
| OPM | 8.55% | 15.14pp | 2.60pp |
| NPM | 5.07% | 13.54pp | 1.74pp |
| EPS | 0.19 | 167.9% | 34.5% |
Tripadvisor Reports Q2 2026 Financial Results
06 Aug 2026 · 6 Aug, 4:37 pm
Summary
Tripadvisor announced its financial results for the second quarter ended June 30, 2026, reporting revenue of $441.9 million, a 7% decrease year-over-year. Net income from continuing operations was $22.8 million, with non-GAAP net income at $41.0 million. Adjusted EBITDA stood at $76.4 million, or 17.3% of revenue. Management highlighted progress in their strategy to focus on experiences and simplify the portfolio, noting the pending sale of TheFork as a step in reshaping the company.
Key Highlights
- 1
Tripadvisor reported second quarter revenue of $441.9 million, a decline of 7% year-over-year.
- 2
Net income for the second quarter was $22.8 million, or $0.19 diluted EPS.
- 3
Non-GAAP net income for the second quarter was $41.0 million, or $0.35 diluted EPS.
- 4
Adjusted EBITDA for the second quarter was $76.4 million, representing 17.3% of revenue.
- 5
The Experiences segment revenue grew 3% year-over-year to $278.6 million, with approximately 6.5 million bookings.
- 6
The Hotels and Other segment revenue declined 21% year-over-year to $163.3 million.
- 7
The sale of TheFork is pending, with an expected closing by the end of 2026.
Management Comments
Matt Goldberg
We delivered second quarter results in-line with our expectations, while making progress in our strategy to focus on experiences and simplify our portfolio. We continue to focus on additional opportunities across the business to enhance the value of our assets and catalyze shareholder value. The sale of TheFork unlocks significant value, adds flexibility for capital allocation, and marks another step reshaping the Company around experiences – the largest, most durable growth category in travel.
Mike Noonan
Our second quarter performance reflected consistent execution in an attractive experiences marketplace, even with the backdrop of a fluctuating macro environment. Our confidence in the Group’s operational and financial trajectory remains firm as we prioritize our experiences-led strategy. We remain intently focused on initiatives that strengthen our product, marketing, and supply flywheel to drive long-term growth and margin expansion.
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