Q1 25 EPS
$0.14
BEAT +174.51%
Est. $0.05
Q1 25 Revenue
$398.0M
BEAT +2.66%
Est. $387.7M
vs S&P Since Q1 25
-40.9%
TRAILING MARKET
TRIP -10.2% vs S&P +30.7%
Market Reaction
Did TRIP Beat Earnings? Q1 2025 Results
TripAdvisor delivered a stronger-than-expected first quarter, with non-GAAP earnings per share of $0.14 clearing the $0.05 consensus estimate by 174.51% as the company's marketplace businesses offset continued softness in its legacy segment. Revenue … Read more TripAdvisor delivered a stronger-than-expected first quarter, with non-GAAP earnings per share of $0.14 clearing the $0.05 consensus estimate by 174.51% as the company's marketplace businesses offset continued softness in its legacy segment. Revenue came in at $398.00 million, edging past the $387.69 million consensus by 2.66% and rising 0.8% year-over-year, with Viator's 10% revenue growth to $156.00 million and TheFork's 12% gain to $46.00 million providing the clearest evidence of strategic momentum. The Brand Tripadvisor segment remained a drag, with revenue declining 8% to $219.00 million, though narrowing losses across Viator and TheFork helped lift the consolidated picture. The quarter also saw TripAdvisor complete its merger with Liberty TripAdvisor Holdings on April 29 at roughly $430.00 million, a structural shift management expects to simplify the company's capital story going forward. Despite flagging macroeconomic uncertainty, leadership expressed confidence in meeting full-year targets, pointing to an $83.00 million free cash flow quarter and $1.15 billion in cash as evidence of underlying resilience.
Key Takeaways
- • Viator revenue growth of 10% with GBV reaching $1.1 billion and experience bookings up 15%
- • TheFork revenue growth of 12% with bookings growing 5%
- • Brand Tripadvisor revenue declined 8% driven by declines across hotels, media, and experiences/dining
- • Marketing costs increased 6% year-over-year to 43.1% of revenue
- • Personnel costs decreased 4% year-over-year
- • G&A costs decreased 41% year-over-year partly due to prior-year legal accrual
- • Viator Adjusted EBITDA loss narrowed significantly from $27 million to $18 million
TRIP YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
TRIP Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are pleased with our first quarter results, meeting or exceeding our expectations across the board. As we approach peak travel season, our teams are laser focused on delivering for travelers and partners, leveraging our unique and trusted position in travel and experiences as the foundation for growth. Despite the recent macro uncertainty, we remain confident in the long-term growth opportunity ahead, as we continue to drive a durable relationship with our customers through best-in-class travel and experiences offerings.”
— Matt Goldberg, Q1 2025 Earnings Press Release
TRIP Earnings Trends
TRIP vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TRIP EPS Trend
Earnings per share: estimate vs actual
TRIP Revenue Trend
Quarterly revenue: estimate vs actual
TRIP Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $-0.07 | $-0.11 | -68.45% | $382.4M | -0.68% |
| Q4 25 MISS FY | $0.13 | $0.04 | -69.63% | $411.0M | -0.40% |
| FY Full Year | — | $1.27 | — | $1.89B | — |
| Q3 25 BEAT | $0.55 | $0.65 | +17.84% | $553.0M | -1.71% |
| Q2 25 BEAT | $0.43 | $0.46 | +7.88% | $529.0M | -0.13% |
| Q1 25 BEAT | $0.05 | $0.14 | +174.51% | $398.0M | +2.66% |
| Q4 24 BEAT FY | $0.21 | $0.30 | +40.85% | $411.0M | +2.75% |
| FY Full Year | $1.21 | $1.30 | +7.23% | $1.84B | +0.58% |
| Q3 24 BEAT | $0.44 | $0.50 | +13.64% | $532.0M | +0.78% |
| Q2 24 BEAT | $0.37 | $0.39 | +5.41% | $497.0M | -1.55% |