TripAdvisor, Inc. (TRIP)

Tripadvisor, Inc., an online travel company, engages in the provision of travel guidance products and services worldwide. The company operates through three segments: Experiences, Hotels and Other, and TheFork. The Experiences segment operates an online travel agency for tours, activities, and attractions, and acts as travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews and opinions for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises. The Hotels and Other segment primarily consist of the Tripadvisor hotel and restaurant guidance platform, which include hotel metasearch, and related advertising offerings primarily for hotels and restaurants. TheFork segment provides an online marketplace, which enables diners to discover and book online reservations at restaurants. Tripadvisor, Inc. was founded in 2000 and is headquartered in Needham, Massachusetts.

Ticker: TRIP
Exchange: Nasdaq
Sector: Consumer Cyclical
Industry: Travel Services
Market cap: $824.50M
52-week range: $6.95 - $17.53

Valuation

Share price: $7.00 (close of Nov 6, 2026)
P/E (TTM): -2.27x
Price to book: 2.25x
Price to free cash flow: -23.97x
Enterprise value: $1.01B
Book value per share: $3.11

Price performance

Period	Change
1 day	-5.15%
5 days	-24.08%
1 month	-17.84%
3 months	-32.82%
6 months	-37.39%
Year to date	-51.92%
1 year	-54.60%
3 years	-56.55%
5 years	-80.02%
10 years	-89.00%
All time	-74.50%

Short interest

As of: Oct 15, 2026
Short % of float: 38.79%
Shares short: 38.40M
Days to cover: 13.24
Change since prior report: +0.61%
Source: FINRA consolidated short interest

Profitability and growth

Return on equity: 6.20%
Return on invested capital: 3.96%
Return on assets: 1.52%
Return on capital employed: 4.92%
Gross margin: 92.33%
Net margin: 2.12%
EBITDA margin: 9.10%
Revenue growth: 3.05%
Free cash flow growth: 132.86%

Cash flow and balance sheet

Free cash flow yield (TTM): -4.17%
Current ratio: 1.75x
Net debt to EBITDA: -0.74x

Latest reported year

Period end: Dec 31, 2025
Fiscal year: 2025
Revenue: $1.89B
Cost of revenue: $145.00M
Gross profit: $1.75B
EBITDA: $172.00M
Net income: $40.00M
Earnings per share: $0.32
Interest expense: $63.00M
Shares outstanding: 124.52M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$1.89B	$1.75B	$40.00M	$0.32
2024-12-31	$1.83B	$1.71B	$5.00M	$0.04
2023-12-31	$1.79B	$1.67B	$10.00M	$0.07
2022-12-31	$1.49B	$1.41B	$20.00M	$0.14
2021-12-31	$902.00M	-	-$148.00M	-$1.08
2020-12-31	$604.00M	-	-$289.00M	-$2.14
2019-12-31	$1.56B	-	$126.00M	$0.91
2018-12-31	$1.61B	$1.53B	$113.00M	$0.82
2017-12-31	$1.56B	$1.48B	-$19.00M	-$0.14
2016-12-31	$1.48B	$1.41B	$120.00M	$0.83

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	92.33%	2.12%	6.20%	3.96%
2024-12-31	93.02%	0.27%	0.53%	2.49%
2023-12-31	93.34%	0.56%	1.15%	3.53%
2022-12-31	94.77%	1.34%	2.32%	3.02%
2021-12-31	-	-16.41%	-18.76%	-5.40%
2020-12-31	-	-47.85%	-32.62%	-16.38%
2019-12-31	-	8.08%	10.85%	8.96%
2018-12-31	94.67%	7.00%	7.68%	8.36%
2017-12-31	95.37%	-1.22%	-1.39%	3.88%
2016-12-31	95.20%	8.11%	7.99%	8.07%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$1.03B	$819.00M
2024-12-31	$1.06B	$831.00M
2023-12-31	$1.07B	$839.00M
2022-12-31	$1.02B	$836.00M
2021-12-31	$723.00M	$833.00M
2020-12-31	$418.00M	$491.00M
2019-12-31	$319.00M	-
2018-12-31	$655.00M	-
2017-12-31	$673.00M	$230.00M
2016-12-31	$612.00M	$91.00M

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$163.00M	$108.00M
2024-12-31	$70.00M	$120.00M
2023-12-31	$172.00M	$96.00M
2022-12-31	$344.00M	$88.00M
2021-12-31	$54.00M	$120.00M
2020-12-31	-$249.00M	$109.00M
2019-12-31	$341.00M	$124.00M
2018-12-31	$344.00M	$118.00M
2017-12-31	$174.00M	$96.00M
2016-12-31	$249.00M	$85.00M

Dividend history

Most recent payment: Nov 19, 2019

Payment date	Dividend per share
2019-11-19	$3.50

Investor relations

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-11-05	Sep 2026	$0.37
2026-08-06	Jun 2026	$0.24
2026-05-07	Mar 2026	-$0.24
2026-02-12	Dec 2025	-$0.09
2025-11-06	Sep 2025	$0.35
2025-08-07	Jun 2025	$0.18
2025-05-07	Mar 2025	-$0.16
2025-02-20	Dec 2024	-$0.01

Filings and sources

Company website: tripadvisor.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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