REG - Trustpilot Group PLC - CEO’s Comments at the 2026 Annual General Meeting

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RNS Number : 9073E  Trustpilot Group PLC  19 May 2026

Trustpilot plc

19 May 2026

 

 CEO's Comments at the 2026 Annual General Meeting

 

Trustpilot today releases the comments made by CEO Adrian Blair at the 2026
Annual General Meeting, held in London at 1pm today.

 

Good afternoon, I'm Adrian Blair, CEO of Trustpilot. A warm welcome to all of
you.

2025 was another excellent year for Trustpilot - one that demonstrated why, as
the world's largest open customer feedback platform, the role we play is
becoming more important than ever in the age of AI.

Trustpilot helps people make choices and make themselves heard; and we help
businesses build trust, grow and improve by engaging with customer feedback.

The rise of AI is increasing the value of that feedback - so Trustpilot is
uniquely positioned to benefit. AI click-throughs to our platform grew nearly
fifteen-fold year on year, and Trustpilot was ranked the fifth most cited
domain globally on ChatGPT in January 2026. Businesses increasingly need
Trustpilot to compete for visibility in the AI-powered digital landscape.

Strong execution delivered record financial results. Bookings grew 18 percent
in constant currency to 291 million dollars. Revenue reached 261 million
dollars. Adjusted EBITDA grew 69 percent to 40.7 million dollars, a margin of
15.6 percent, up over 4 percentage points year on year.

The consumer flywheel continues to power the business. Active reviews on the
platform grew 20 percent to 361 million. More reviews were written on
Trustpilot in 2025 than in the first twelve years of the company combined.

We also returned 71.6 million dollars to shareholders through our buyback
programme, and announced a further 30 million dollar buyback with our results
in March.

The momentum in the business, and tailwind of AI gives us immense confidence
in the years ahead. We have upgraded our medium-term margin targets to 25
percent adjusted EBITDA by 2028, and 30 percent by 2030.

I would like to close by thanking Trusties around the world for their
extraordinary commitment, and our shareholders for their continued support.

Thank you.

 

 

 

 

 

 

 

 Notice of trading update

 

The Group will report its first half trading update on 16 July 2026.

 

 Contacts

 

 Trustpilot Group plc                        Headland Consultancy

 Louise Bryant, Head of Investor Relations   Stephen Malthouse

 Priyal Soni, Investor Relations             Rob Walker

 investor.relations@trustpilot.com           Charlie Pepper

 +44 (0) 7813 210 809                        trustpilot@headlandconsultancy.com

 +44 (0) 7391 859 625                        Tel: +44 (0) 20 3805 4822

 

 About Trustpilot

 

Trustpilot began in 2007 with a simple yet powerful idea that is more relevant
today than ever - to be the universal symbol of trust, bringing consumers and
businesses together through reviews. Trustpilot is open, independent, and
impartial - we help consumers make the right choices and businesses to build
trust, grow and improve.

 

Today, we have more than 361 million reviews with 160 billion annual Trustbox
impressions, and the numbers keep growing. We have more than 1,000 employees
and we're headquartered in Copenhagen, with operations in Amsterdam, Denver,
Edinburgh, Hamburg, London, Melbourne, Milan and New York.

 

 

 

 

 

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