TRIPADVISOR $TRIP Q2’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $441.9M (Est. $504M) 🔴; -7% YoY
🔹 Adj. EPS: $0.35 (Est. $0.37) 🔴; -19% YoY
🔹 Adjusted EBITDA: $76.4M (Est. $82M) 🔴; -21% YoY
🔹 Free Cash Flow: $129.8M (Est. $109M) 🟢; -29% YoY
Segment Net Revenue:
🔹 Experiences: $278.6M; +3% YoY
🔹 Hotels and Other: $163.3M; -21% YoY
Other Q2 Metrics:
🔹 Adjusted EBITDA Margin: 17.3%
🔹 Experience Bookings: ~6.5M; +~5% YoY
🔹 Gross Bookings Value: ~$1.4B; +~3% YoY
🔹 Cash & Cash Equivalents: $843.2M
M&A:
🔹 TheFork Sale: Expected to be completed by the end of 2026
Comments:
🔸 “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.”
🔸 “Our confidence in the Group’s operational and financial trajectory remains firm as we prioritize our experiences-led strategy.”
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