Tripadvisor Q1 revenue falls 4% to $382.4 million; net loss widens to $32.4 million
Tripadvisor reported first-quarter 2026 revenue of $382.4 million, down 4% from a year earlier, and a GAAP net loss of $32.4 million, or $(0.28) per diluted share, compared with a $11.0 million loss a year earlier. Adjusted EBITDA fell 50% to $22.1 million, and the company repaid $345.4 million of 2026 Senior Notes on April 1, 2026, using cash on hand.
Key points
- Revenue was $382.4 million versus $398.2 million; Hotels and Other revenue fell 20% to $157.9 million, while Experiences rose 8% to $167.9 million.
- GAAP net loss was $32.4 million, or $(0.28) per diluted share, versus a net loss of $11.0 million, or $(0.08), in the first quarter of 2025.
- Non-GAAP net loss was $13.1 million, or $(0.11) per diluted share, compared with non-GAAP net income of $20.9 million, or $0.14, a year earlier.
- On April 1, 2026, the company fully repaid $345.4 million of 2026 Senior Notes at maturity; cash and cash equivalents were approximately $1.1 billion as of March 31, 2026.
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 May 07, 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.