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TripAdvisor (TRIP) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 6, 2025

TripAdvisor (TRIP) reported revenue of $553M for the third quarter 2025 (Q3 2025), +4% from a year earlier and +5% from the quarter before. Operating margin was 12.7%, net earnings $53.0M (9.6% of revenue).

Revenue$553M
Year over year+4%
Quarter over quarter+5%
Operating margin12.7%
Net earnings$53.0M

TripAdvisor, Q3 2025: revenue $553M (+4% year over year), operating margin 12.7%, net earnings $53.0M, operating cash flow $44.5M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$553M+5%+4%
Operating profit$70.0M+21%0%
Net earnings$53.0M+47%+36%
Operating cash flow$44.5M-78%—
Free cash flow$25.5M-86%—

What changed

Revenue was $553.0M in Q3 2025, up 4% year over year and up 5% from the previous quarter.

Operating profit was $70.0M, a 12.7% margin (down 0.5 points year over year). Of the extra revenue versus a year earlier, 0% reached operating profit, below the 13% margin then. Total costs grew 5% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+226%). Net earnings were $53.0M, up 36% year over year. The effective tax rate was 15.9%.

Operating cash flow was $44.5M, 84% of net earnings. Non-cash charges added back $24.0M of depreciation and amortization and $28.0M of share-based compensation. Working capital and other items used $60.5M. Capital expenditures of $19.0M left free cash flow of $25.5M.

Questions

What was TripAdvisor's revenue in the third quarter 2025?

TripAdvisor (TRIP) reported revenue of $553M for the third quarter 2025 (Q3 2025), +4% from a year earlier and +5% from the quarter before.

Was TripAdvisor profitable in the third quarter 2025?

Operating profit was $70.0M (12.7% of revenue) and net earnings $53.0M.

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Source: TripAdvisor 10-Q on SEC EDGAR.