Q4 25 EPS
$0.04
MISS 69.63%
Est. $0.13
Q4 25 Revenue
$411.0M
MISS 0.40%
Est. $412.7M
vs S&P Since Q4 25
+10.2%
BEATING MARKET
TRIP +17.8% vs S&P +7.6%
Full Year 2025 Results
FY 25 EPS
$1.27
FY 25 Revenue
$1.89B
Market Reaction
Did TRIP Beat Earnings? Q4 2025 Results
TripAdvisor closed out fiscal 2025 on a disappointing note, posting Q4 earnings per share of just $0.04 against a consensus estimate of $0.13, a miss of nearly 70% that snapped a six-quarter streak of beating EPS expectations and rattled investors al… Read more TripAdvisor closed out fiscal 2025 on a disappointing note, posting Q4 earnings per share of just $0.04 against a consensus estimate of $0.13, a miss of nearly 70% that snapped a six-quarter streak of beating EPS expectations and rattled investors already watching an activist battle unfold. Revenue of $411.00 million came in essentially flat year-over-year and slightly below the $412.66 million consensus, as strength in the company's Experiences segment, where bookings surged 18% to 5.0 million, was overwhelmed by a 15% decline in Hotels and Other revenue and $33.00 million in pre-tax restructuring charges tied to a November 2025 operating model realignment. Those charges drove a GAAP net loss of $38.00 million compared to net income of $2.00 million a year ago. Looking ahead, management expects at least $85.00 million in annualized gross cost savings, with the majority realized in 2026, while it simultaneously explores strategic alternatives for restaurant platform TheFork and works to counter AI-driven pressure on its legacy hotel metasearch business.
Key Takeaways
- • Experiences segment revenue grew 10% YoY in Q4, driven by 18% growth in experience bookings
- • Gross bookings value for Experiences reached approximately $980 million in Q4, up 16% YoY
- • TheFork revenue grew 18% YoY (9% constant currency) with bookings growing approximately 9%
- • Hotels and Other segment revenue declined 15% due to ongoing legacy headwinds
- • Marketing costs increased 15% YoY in Q4, reaching 42.5% of revenue
- • Personnel costs decreased 8% YoY in Q4 due to restructuring and efficiency measures
TRIP YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
TRIP Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are pleased with our 2025 financial performance, achieving record revenue of $1.9 billion, driven by our marketplace businesses, in particular Experiences, which contributed nearly 50% of Group revenue and 30% of Group profit.”
— Matt Goldberg, Q4 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% |