Tripadvisor posts Q4 net loss of $38 million on flat revenue; full-year revenue up 3%
Tripadvisor reported fourth-quarter 2025 revenue of $411 million, flat year over year, and a net loss of $38 million, compared with net income of $2 million a year earlier. For the full year, revenue rose 3% to $1.9 billion and net income was $40 million, or $0.31 per diluted share, but the company also said it is exploring strategic alternatives for TheFork and has launched cost-saving actions expected to save at least $85 million a year.
Key points
- Q4 2025 revenue was $411 million, flat year over year; Experiences revenue rose 10% to $204 million, while Hotels and Other fell 15% to $151 million.
- Q4 2025 net loss was $38 million, or $(0.33) per diluted share, versus $2 million net income in Q4 2024; Q4 adjusted EBITDA was $45 million, down 38%.
- Full-year 2025 revenue was $1,891 million, up 3%, with net income of $40 million, or $0.31 per diluted share.
- The company expects to use $345 million of cash to repay its 2026 Senior Notes due April 1, 2026, and is exploring strategic alternatives for TheFork.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing 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 February 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.