Tripadvisor Q4 revenue flat, slightly misses estimates

Tripadvisor

12/02/2026 12:08

Overview

Travel platform's Q4 revenue slightly missed analyst expectations, remaining flat yr/yr

Adjusted net income for Q4 missed analyst estimates

Company's experiences segment grew 10% yr/yr, offsetting declines in legacy offerings

Outlook

Tripadvisor expects investment in experiences to boost 2026 growth

Company exploring strategic alternatives for TheFork

Result Drivers

EXPERIENCES GROWTH - Experiences segment revenue increased 10% yr/yr, contributing nearly 50% of Group revenue and 30% of Group profit

LEGACY DECLINES - Revenue declines in legacy offerings offset growth in Experiences, with Hotels and Other down 15% yr/yr

STRATEGIC FOCUS - Co is focusing on Experiences for future growth and considering strategic alternatives for TheFork

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$411 mln
$412.65 mln (14 Analysts)
Q4 Adjusted EPS
$0.04
Q4 Adjusted Net Income
Miss
$5 mln
$19.36 mln (10 Analysts)
Q4 Net Income
-$38 mln
Q4 Adjusted EBITDA
$45 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 10 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the leisure & recreation peer group is "buy."

Wall Street's median 12-month price target for Tripadvisor Inc is $17.00, about 39.8% above its February 11 closing price of $12.16

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)