TripAdvisor Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), TripAdvisor Inc. reported revenue of $1.9B (+3.1% year on year) and net income of $40.0M (+700.0% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenue (Note 2, Note 18) | $1.9B | $1.8B | $1.8B | $1.5B |
| Cost of sales (exclusive of depreciation and amortization as shown separately below) | $145.0M | $131.0M | $149.0M | $116.0M |
| Marketing | $791.0M | $729.0M | — | — |
| Personnel (including stock-based compensation of $108, $120, and $96 - Note 13) | $573.0M | $595.0M | — | — |
| Technology | $99.0M | $91.0M | $273.0M | $222.0M |
| General and administrative | $68.0M | $91.0M | $191.0M | $172.0M |
| Depreciation and amortization | $92.0M | $85.0M | $87.0M | $97.0M |
| Restructuring and other related reorganization costs (Note 7) | $43.0M | $21.0M | $22.0M | $0 |
| Total costs and expenses | $1.8B | $1.7B | $1.7B | $1.4B |
| Operating income (loss) | $80.0M | $92.0M | $126.0M | $101.0M |
| Interest expense | ($63.0M) | ($46.0M) | ($44.0M) | ($44.0M) |
| Interest income | $40.0M | $48.0M | $47.0M | $15.0M |
| Other income (expense), net (Note 16) | ($12.0M) | ($7.0M) | ($4.0M) | ($5.0M) |
| Total other income (expense), net | ($35.0M) | ($5.0M) | ($1.0M) | ($34.0M) |
| Income (loss) before income taxes | $45.0M | $87.0M | $125.0M | $67.0M |
| (Provision) benefit for income taxes (Note 10) | ($5.0M) | ($82.0M) | ($115.0M) | ($47.0M) |
| Net income (loss) | $40.0M | $5.0M | $10.0M | $20.0M |
| Basic | $0.32 | $0.04 | $0.07 | $0.14 |
| Diluted | $0.31 | $0.04 | $0.08 | $0.14 |
| Basic | $40.0M | $5.0M | $10.0M | $20.0M |
| Diluted | $41.0M | $6.0M | $11.0M | $21.0M |
| Basic | 124.5M | 139.1M | 139.4M | 139.9M |
| Diluted | 131.0M | 145.0M | 144.8M | 145.7M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Revenue (Note 4) | $441.9M | $382.4M | $553.0M | $529.0M |
| Cost of sales (exclusive of depreciation and amortization as shown separately below) | $31.0M | $32.8M | $41.0M | $42.0M |
| Marketing | $215.4M | $177.6M | $227.0M | $218.0M |
| Personnel (including stock-based compensation of $16.8, $26.2, $35.3 and $51.5, respectively) | $99.2M | $129.6M | $147.0M | $149.0M |
| Technology | $21.6M | $25.0M | $26.0M | $25.0M |
| General and administrative | $14.5M | $14.7M | $18.0M | $13.0M |
| Depreciation and amortization | $18.5M | $24.6M | $24.0M | $23.0M |
| Restructuring and other related reorganization costs (Note 6) | $3.9M | $3.3M | $0 | $0 |
| Total costs and expenses | $404.1M | $407.6M | $483.0M | $470.0M |
| Operating income (loss) | $37.8M | ($25.2M) | $70.0M | $59.0M |
| Interest expense | ($15.0M) | ($15.7M) | ($17.0M) | ($17.0M) |
| Interest income | $5.3M | $7.9M | $10.0M | $10.0M |
| Other income (expense), net | $0 | $1.4M | $0 | ($5.0M) |
| Total other income (expense), net | ($9.7M) | ($6.4M) | ($7.0M) | ($12.0M) |
| Income (loss) before income taxes | $28.1M | ($31.6M) | $63.0M | $47.0M |
| (Provision) benefit for income taxes (Note 8) | ($5.3M) | ($800.0K) | ($10.0M) | ($11.0M) |
| Net income (loss) from continuing operations | $22.8M | — | — | — |
| Net income (loss) from discontinued operations, net of tax (Note 3) | ($400.0K) | — | — | — |
| Net income (loss) | $22.4M | ($32.4M) | $53.0M | $36.0M |
| Basic | $0.2 | — | $53.0M | $36.0M |
| Basic | $0 | — | — | — |
| Diluted | $0 | — | $53.0M | $36.0M |
| Basic | $0.19 | -$0.28 | $0.46 | $0.29 |
| Diluted | $0.19 | -$0.28 | $0.43 | $0.28 |
| Basic | 116.7M | 115.4M | 116.4M | 124.9M |
| Diluted | 117.9M | 115.4M | 123.7M | 130.2M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents (Note 3) | $1.0B | $1.1B | $1.1B | $1.0B |
| Accounts receivable, net (allowance for expected credit losses of $27 and $25, respectively) (Note 2, Note 3) | $209.0M | $207.0M | $192.0M | — |
| Prepaid expenses and other current assets | $47.0M | $49.0M | $38.0M | $44.0M |
| Total current assets | $1.3B | $1.3B | $1.3B | $1.3B |
| Property and equipment, net (Note 4, Note 5) | $210.0M | $200.0M | $191.0M | $194.0M |
| Operating lease right-of-use assets (Note 5) | $35.0M | $17.0M | $15.0M | $27.0M |
| Intangible assets, net (Note 6) | $33.0M | $36.0M | $43.0M | $51.0M |
| Goodwill (Note 6) | $844.0M | $814.0M | $829.0M | $822.0M |
| Non-marketable investments (Note 3) | $28.0M | $30.0M | $32.0M | $34.0M |
| Deferred income taxes, net (Note 10) | $137.0M | $101.0M | $86.0M | $78.0M |
| Other long-term assets, net of allowance for credit losses of $10 and $10, respectively (Note 3) | $47.0M | $43.0M | $44.0M | $93.0M |
| TOTAL ASSETS | $2.6B | $2.6B | $2.5B | $2.6B |
| Accounts payable | $23.0M | $49.0M | $28.0M | $39.0M |
| Deferred merchant payables (Note 2) | $308.0M | $255.0M | $237.0M | $203.0M |
| Deferred revenue (Note 2) | $53.0M | $47.0M | $49.0M | $44.0M |
| Current portion of debt (Note 8) | $353.0M | $5.0M | — | — |
| Income taxes payable (Note 10) | $12.0M | $23.0M | — | — |
| Accrued expenses and other current liabilities (Note 7) | $249.0M | $249.0M | $258.0M | $247.0M |
| Total current liabilities | $998.0M | $628.0M | $572.0M | $533.0M |
| Long-term debt (Note 8) | $819.0M | $831.0M | $839.0M | $836.0M |
| Finance lease obligation, net of current portion (Note 5) | $36.0M | $43.0M | $51.0M | $58.0M |
| Operating lease liabilities, net of current portion (Note 5) | $29.0M | $11.0M | $6.0M | $15.0M |
| Deferred income taxes, net (Note 10) | $1.0M | $1.0M | $1.0M | $1.0M |
| Other long-term liabilities (Note 9) | $97.0M | $104.0M | $197.0M | $265.0M |
| Total Liabilities | $2.0B | $1.6B | $1.7B | $1.7B |
| Preferred stock,$0.001 par value Authorized shares: 100,000,000 Shares issued and outstanding: 0 and 0, respectively | 0 | 0 | 0 | 0 |
| Common stock | $0 | $0 | $0 | $0 |
| Additional paid-in capital | $460.0M | $1.6B | $1.5B | $1.4B |
| Retained earnings | $316.0M | $276.0M | $271.0M | $261.0M |
| Accumulated other comprehensive income (loss) | ($41.0M) | ($91.0M) | ($71.0M) | ($82.0M) |
| Treasury stock-common stock, at cost, 6,105,262 and 26,260,252 shares, respectively | -90.0M | -847.0M | -822.0M | -722.0M |
| Total Stockholders’ Equity | $645.0M | $943.0M | $871.0M | $861.0M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $2.6B | $2.6B | $2.5B | $2.6B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents (Note 5) | $843.2M | $1.1B | $1.2B | $1.2B |
| Accounts receivable, net of allowance for expected credit losses of $14.1 and $15.4, respectively (Note 5) | $231.3M | $225.0M | $258.0M | $284.0M |
| Prepaid expenses and other current assets | $45.4M | $61.4M | $48.0M | $51.0M |
| Current assets - held for sale from discontinued operations (Note 3) | $283.6M | — | — | — |
| Total current assets | $1.4B | $1.4B | $1.5B | $1.5B |
| Property and equipment, net of accumulated depreciation of $564.1 and $537.7, respectively | $153.5M | $204.3M | $213.0M | $214.0M |
| Operating lease right-of-use assets | $29.5M | $33.5M | $36.0M | $38.0M |
| Intangible assets, net of accumulated amortization of $120.7 and $119.6, respectively | $32.3M | $32.9M | $34.0M | $35.0M |
| Goodwill | $724.1M | $840.1M | $843.0M | $843.0M |
| Non-marketable investments (Note 5) | $27.3M | $27.6M | $28.0M | $29.0M |
| Deferred income taxes, net | $128.1M | $134.5M | $123.0M | $116.0M |
| Other long-term assets | $33.0M | $45.8M | $44.0M | $45.0M |
| Noncurrent assets - held for sale from discontinued operations (Note 3) | $0 | — | — | — |
| TOTAL ASSETS | $2.5B | $2.7B | $2.8B | $2.9B |
| Accounts payable | $75.4M | $61.5M | $65.0M | $80.0M |
| Deferred merchant payables | $484.2M | $405.7M | $393.0M | $473.0M |
| Deferred revenue (Note 4) | $85.0M | $86.4M | $65.0M | $85.0M |
| Current portion of debt (Note 7) | $8.5M | $353.5M | $353.0M | $353.0M |
| Income taxes payable (Note 8) | $10.1M | $6.3M | $27.0M | $21.0M |
| Accrued expenses and other current liabilities (Note 6) | $175.2M | $212.8M | $247.0M | $237.0M |
| Current liabilities - held for sale from discontinued operations (Note 3) | $60.5M | — | — | — |
| Total current liabilities | $898.9M | $1.1B | $1.1B | $1.2B |
| Long-term debt (Note 7) | $815.9M | $817.5M | $821.0M | $822.0M |
| Finance lease obligation, net of current portion | $31.5M | $33.5M | $38.0M | $40.0M |
| Operating lease liabilities, net of current portion | $25.5M | $27.1M | $31.0M | $33.0M |
| Deferred income taxes, net | $1.1M | $1.1M | $1.0M | $1.0M |
| Other long-term liabilities | $95.9M | $96.4M | $97.0M | $95.0M |
| Noncurrent liabilities - held for sale from discontinued operations (Note 3) | $0 | — | — | — |
| Total Liabilities | $1.9B | $2.1B | $2.1B | $2.2B |
| Preferred stock, $0.001 par value Authorized shares: 100,000,000 Shares issued and outstanding: 0 and 0, respectively | 0 | 0 | 0 | 0 |
| Common stock | $100.0K | $100.0K | $0 | $0 |
| Additional paid-in capital | $497.5M | $478.1M | $440.0M | $412.0M |
| Retained earnings | $306.6M | $284.2M | $354.0M | $301.0M |
| Accumulated other comprehensive income (loss) | ($51.5M) | ($48.5M) | ($47.0M) | ($46.0M) |
| Treasury stock-common stock, at cost, 6,105,262 and 6,105,262 shares, respectively | -90.2M | -90.2M | -40.0M | -40.0M |
| Total Stockholders’ Equity | $662.5M | $623.7M | $707.0M | $627.0M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $2.5B | $2.7B | $2.8B | $2.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income (loss) | $40.0M | $5.0M | $10.0M | $20.0M |
| Depreciation and amortization | $92.0M | $85.0M | $87.0M | $97.0M |
| Stock-based compensation expense (Note 13) | $108.0M | $120.0M | $96.0M | $88.0M |
| Deferred income tax expense (benefit) (Note 10) | ($2.0M) | ($14.0M) | ($25.0M) | ($19.0M) |
| Provision for expected credit losses (Note 2) | $8.0M | $8.0M | $6.0M | $6.0M |
| Other, net | $18.0M | $9.0M | $9.0M | $7.0M |
| Accounts receivable, prepaid expenses and other assets | ($8.0M) | ($24.0M) | $6.0M | ($87.0M) |
| Accounts payable, accrued expenses and other liabilities | ($46.0M) | $13.0M | $11.0M | $72.0M |
| Deferred merchant payables | $52.0M | $19.0M | $32.0M | $99.0M |
| Income tax receivables/payables, net | ($23.0M) | ($75.0M) | ($1.0M) | $107.0M |
| Deferred revenue | $6.0M | ($2.0M) | $4.0M | $10.0M |
| Net cash provided by (used in) operating activities | $245.0M | $144.0M | $235.0M | $400.0M |
| Capital expenditures, including capitalized website development | ($82.0M) | ($74.0M) | ($63.0M) | ($56.0M) |
| Other investing activities, net | ($2.0M) | $1.0M | $0 | $4.0M |
| Net cash provided by (used in) investing activities | ($84.0M) | ($73.0M) | ($63.0M) | ($52.0M) |
| Proceeds from the issuance of Term Loan B Facility, net of financing costs (Note 8) | $341.0M | $493.0M | $0 | $0 |
| Payment of 2025 Senior Notes (Note 8) | $0 | ($500.0M) | — | — |
| Payment of financing costs related to Credit Facility (Note 8) | $0 | ($1.0M) | ($3.0M) | $0 |
| Principal payments on Term Loan B Facility (Note 8) | ($9.0M) | ($1.0M) | — | — |
| Repurchase of common stock related to Merger, including transaction costs (Note 1) | ($411.0M) | — | — | — |
| Repurchase of common stock under the share repurchase program (Note 14) | ($90.0M) | ($25.0M) | ($100.0M) | $0 |
| Payment of withholding taxes on net share settlements of equity awards | ($20.0M) | ($21.0M) | ($17.0M) | ($20.0M) |
| Payments of finance lease obligation and other financing activities, net (Note 5) | ($8.0M) | ($8.0M) | ($7.0M) | ($7.0M) |
| Net cash provided by (used in) financing activities | ($197.0M) | ($63.0M) | ($127.0M) | ($27.0M) |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | $7.0M | ($11.0M) | $1.0M | ($23.0M) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | ($29.0M) | ($3.0M) | $46.0M | $298.0M |
| Cash, cash equivalents, and restricted cash at beginning of period | $1.1B | $1.1B | $1.0B | $723.0M |
| Cash, cash equivalents, and restricted cash at end of period | $1.0B | $1.1B | $1.1B | $1.0B |
| Cash paid (received) during the period for income taxes, net of refunds (Note 10) | $29.0M | $170.0M | $140.0M | ($40.0M) |
| Cash paid during the period for interest | $59.0M | $58.0M | $39.0M | $40.0M |
| Issuance of common stock related to Merger (Note 1) | $39.0M | — | — | — |
| Net operating loss carryforwards retained related to Merger (Note 1) | $13.0M | — | — | — |
| Stock-based compensation capitalized website development costs (Note 13) | $12.0M | $13.0M | $10.0M | $10.0M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net Income | ($10.0M) | — | — | — |
| Less: Net income (loss) from discontinued operations, net of tax | ($2.2M) | — | — | — |
| Net income (loss) from continuing operations | ($7.8M) | — | — | — |
| Depreciation and amortization | $37.6M | $24.6M | $68.0M | $44.0M |
| Stock-based compensation expense (Note 10) | $35.3M | $20.7M | $85.0M | $57.0M |
| Other, net | ($900.0K) | $2.5M | $19.0M | $16.0M |
| Accounts receivable, net, prepaid expenses and other assets | ($63.4M) | ($35.4M) | ($57.0M) | ($80.0M) |
| Accounts payable, accrued expenses and other liabilities | $52.4M | $21.0M | $12.0M | $15.0M |
| Deferred merchant payables | $183.0M | $102.7M | $134.0M | $202.0M |
| Income tax receivables/payables, net | ($15.4M) | ($21.9M) | ($3.0M) | ($14.0M) |
| Deferred revenue | $31.6M | $33.0M | $18.0M | $38.0M |
| Net cash provided by (used in) operating activities - continuing operations | $252.4M | — | — | — |
| Net cash provided by (used in) operating activities - discontinued operations | $9.1M | — | — | — |
| Net cash provided by (used in) operating activities | $261.5M | $117.8M | $348.0M | $304.0M |
| Capital expenditures, including capitalized website development | ($22.5M) | ($16.5M) | ($63.0M) | ($44.0M) |
| Other investing activities, net | $0 | — | ($2.0M) | ($2.0M) |
| Net cash provided by (used in) investing activities - continuing operations | ($22.5M) | — | — | — |
| Net cash provided by (used in) investing activities - discontinued operations | ($10.7M) | — | — | — |
| Net cash provided by (used in) investing activities | ($33.2M) | ($16.5M) | ($65.0M) | ($46.0M) |
| Proceeds from the issuance of Term Loan B Facility, net of financing costs (Note 7) | $0 | $0 | $341.0M | $341.0M |
| Repayment of 2026 Senior Notes (Note 7) | ($345.0M) | — | — | — |
| Principal payments on Term Loan B Facility (Note 7) | ($4.3M) | ($2.1M) | ($6.0M) | ($4.0M) |
| Repurchase of common stock related to Merger, including transaction costs (Note 1) | $0 | — | ($411.0M) | ($411.0M) |
| Repurchase of common stock under the share repurchase program (Note 11) | $0 | — | ($40.0M) | ($40.0M) |
| Payment of withholding taxes on net share settlements of equity awards | ($5.9M) | ($5.5M) | ($15.0M) | ($12.0M) |
| Payments of finance lease obligation | ($3.9M) | — | ($6.0M) | ($4.0M) |
| Net cash provided by (used in) financing activities - continuing operations | ($359.1M) | — | — | — |
| Net cash provided by (used in) financing activities - discontinued operations | ($1.6M) | — | — | — |
| Net cash provided by (used in) financing activities | ($360.7M) | ($9.5M) | ($137.0M) | ($130.0M) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | ($7.4M) | ($6.3M) | $8.0M | $20.0M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | ($139.8M) | $85.5M | $154.0M | $148.0M |
| Cash, cash equivalents and restricted cash at beginning of period | $1.0B | — | — | — |
| Cash, cash equivalents and restricted cash at end of period | $895.1M | $1.1B | $1.2B | $1.2B |
| Less: Cash, cash equivalents and restricted cash at end of period from discontinued operations | $51.9M | — | — | — |
| Cash, cash equivalents and restricted cash at end of period from continuing operations | $843.2M | $1.0B | $1.1B | $1.1B |
| Cash paid during the period for income taxes, net of refunds | $4.4M | — | $20.0M | $15.0M |
| Cash paid during the period for interest | $28.6M | $14.3M | $43.0M | $27.0M |
| Issuance of common stock related to Merger (Note 1) | $0 | — | $39.0M | $39.0M |
| Net operating loss carryforwards retained related to Merger (Note 1) | $0 | — | $13.0M | $13.0M |
TripAdvisor Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.