Tripadvisor Q1 revenue rises 1% to $398 million; net loss narrows to $11 million
Tripadvisor reported first-quarter 2025 revenue of $398 million, up 1% from a year earlier, and a GAAP net loss of $11 million, or $0.08 per diluted share, compared with a $59 million loss a year earlier. Non-GAAP net income rose 26% to $21 million, but adjusted EBITDA fell 6% to $44 million, and the filing gives no numeric forward guidance.
Key points
- Revenue was $398 million, up 1% year-over-year; Viator revenue grew 10% to $156 million while Brand Tripadvisor fell 8% to $219 million.
- GAAP net loss was $11 million, or $0.08 per diluted share, versus a net loss of $59 million, or $0.43 per share, in the first quarter of 2024.
- Adjusted EBITDA was $44 million, down from $47 million a year earlier; restructuring costs were $10 million.
- Cash and cash equivalents were approximately $1.2 billion at March 31, 2025, and the Merger with Liberty TripAdvisor Holdings was completed on April 29, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.