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TripAdvisor TRIP Hotel — Revenue

Other product segments

Advertising
$132M

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Other financials

Income statement

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Revenue$441.9M-7.2%
Gross profit$410.9M-6.5%
Operating income$37.8M-34.7%
Net income$22.4M-37.8%
EPS (diluted)$0.19-32.1%

Balance sheet

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Cash & equivalents$843.2M-30.4%
Total debt$893.9M-29.2%
Total equity$662.5M+5.7%
Total assets$2.5B-11.7%

Cash flow

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Operating cash flow$143.7M-28.8%
CapEx$6.0M-60.8%
Free cash flow$137.7M-26.2%

Valuation

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Market cap$1.22B-37.2%
Enterprise value$1.27B-36.3%
P/E15.5×-20.8×
P/S0.7×-0.4×

Profitability

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Gross margin92.2%-0.6pp
Operating margin6.2%-0.6pp
Net margin4.3%+2.3pp
FCF margin32.6%

Returns & leverage

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Return on equity9.6%+5.5pp
Debt / equity1.3×-0.7×
Current ratio1.6×+0.3×

Where this comes from

Reported directly by TripAdvisor in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: TripAdvisor’s 10-K, filed February 13, 2026.

Filed
Feb 13, 2026, 4:02 PM EST
Fiscal year
FY2025
Accession
0001193125-26-051281
Line itemYear ended December 31, 2025Year ended December 31, 2024Year ended December 31, 2023
Revenue (Note 2, Note 18)$1,891$1,835$1,788
Costs and expenses:
Cost of sales (exclusive of depreciation and amortization as shown separately below)145131119
Marketing791729705
Personnel (including stock-based compensation of $108, $120, and $96 - Note 13)573595570
Technology999180
General and administrative689179
Depreciation and amortization928587

Item 8. Financial Statements and Supplementary Data

FAQ

What is TripAdvisor's hotel — revenue?
TripAdvisor (TRIP) reported hotel — revenue of $137.5M in Q4 2025.
How has TripAdvisor's hotel — revenue changed year-over-year?
TripAdvisor's hotel — revenue decreased by 6.0% year-over-year, from $146.25M to $137.5M.
What is the long-term trend for TripAdvisor's hotel — revenue?
Over 2 years (2023 to 2025), TripAdvisor's hotel — revenue has grown at a -8.6% compound annual growth rate (CAGR), from $659M to $550M.
What does hotel — revenue mean?
This metric represents the total revenue generated from the company's core hotel metasearch operations, primarily derived from advertising and lead-generation fees paid by travel partners. It reflects the monetization of user traffic seeking accommodation information and booking referrals on the platform. Tracking this figure provides insight into the health and competitive positioning of the company's primary legacy business segment.

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