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TripAdvisor (TRIP) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 13, 2026

TripAdvisor (TRIP) reported revenue of $411M for the fourth quarter 2025 (Q4 2025), 0% from a year earlier and -26% from the quarter before. Operating margin was -8.3%, net loss $38.0M (9.2% of revenue).

Revenue$411M
Year over year0%
Quarter over quarter-26%
Operating margin-8.3%
Net earnings−$38.0M

TripAdvisor, Q4 2025: revenue $411M (0% year over year), operating margin -8.3%, net loss $38.0M, operating cash flow −$103M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$411M-26%0%
Operating profit−$34.0M-149%—
Net earnings−$38.0M-172%—
Operating cash flow−$103M-331%—

What changed

Revenue was $411.0M in Q4 2025, roughly flat year over year and down 26% from the previous quarter.

Operating costs exceeded revenue by $34.0M, an operating margin of -8.3%. Total costs grew 8% against flat revenue. The fastest-growing cost line was Cost of revenue (+25%). The quarter ended with a net loss of $38.0M, after a profit of $53.0M the previous quarter.

Operating cash flow was −$103.0M. Non-cash charges added back $24.0M of depreciation and amortization and $23.0M of share-based compensation. Working capital and other items used $112.0M. Capital expenditures of $19.0M exceeded it, leaving free cash flow of −$122.0M.

Questions

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

TripAdvisor (TRIP) reported revenue of $411M for the fourth quarter 2025 (Q4 2025), 0% from a year earlier and -26% from the quarter before.

Was TripAdvisor profitable in the fourth quarter 2025?

Operating loss was $34.0M (-8.3% of revenue) and net loss $38.0M.

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Source: TripAdvisor 10-K on SEC EDGAR.