TRIP · Tripadvisor, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · TRIP

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.89B	$1.83B	$1.79B	$1.49B	$902.00M	$604.00M
Cost of Revenue	$145.00M	$128.00M	-	-	-	-
Gross Profit	$1.75B	$1.71B	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	$68.00M	$91.00M	$191.00M	$172.00M	$167.00M	$173.00M
Total Operating Expenses	$1.81B	$1.74B	$1.66B	$1.39B	$1.03B	$933.00M
D&A	$92.00M	$85.00M	$87.00M	$97.00M	$111.00M	$125.00M
Operating Income	$80.00M	$92.00M	$126.00M	$101.00M	($131.00M)	($329.00M)
Interest Expense	$63.00M	$46.00M	$44.00M	$44.00M	$45.00M	$35.00M
Income Tax	$5.00M	$82.00M	$115.00M	$47.00M	($37.00M)	($80.00M)
Net Income	$40.00M	$5.00M	$10.00M	$20.00M	($148.00M)	($289.00M)
EPS - Basic	$0.32	$0.04	$0.07	$0.14	($1.08)	($2.14)
EPS - Diluted	$0.31	$0.04	$0.08	$0.14	($1.08)	($2.14)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$1.03B	$1.06B	$1.07B	$1.02B	$723.00M	$418.00M
Accounts Receivable	$209.00M	$207.00M	$192.00M	$173.00M	$105.00M	$70.00M
Inventory	-	-	-	-	-	-
Accounts Payable	$23.00M	$49.00M	$28.00M	$39.00M	$27.00M	$18.00M
Current Assets	$1.29B	$1.32B	$1.30B	$1.27B	$940.00M	$573.00M
Total Assets	$2.63B	$2.56B	$2.54B	$2.57B	$2.29B	$1.97B
Current Liabilities	$998.00M	$628.00M	$572.00M	$533.00M	$357.00M	$242.00M
Long-term Debt	$819.00M	$831.00M	$839.00M	$836.00M	$833.00M	$491.00M
Total Liabilities	$1.98B	$1.62B	$1.67B	$1.71B	$1.50B	$1.08B
Stockholders' Equity	$645.00M	$943.00M	$871.00M	$861.00M	$789.00M	$886.00M
Retained Earnings	$316.00M	$276.00M	$271.00M	$261.00M	$241.00M	$389.00M

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$245.00M	$144.00M	$235.00M	$400.00M	$108.00M	($194.00M)
Investing Cash Flow	($84.00M)	($73.00M)	($63.00M)	($52.00M)	($54.00M)	($56.00M)
Financing Cash Flow	($197.00M)	($63.00M)	($127.00M)	($27.00M)	$263.00M	$341.00M
CapEx	$82.00M	$74.00M	$63.00M	$56.00M	$55.00M	$55.00M
Free Cash Flow	$163.00M	$70.00M	$172.00M	$344.00M	$53.00M	($249.00M)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	92.3%	93.0%	-	-	-	-
Operating margin	4.2%	5.0%	7.0%	6.8%	-14.5%	-54.5%
EBITDA margin	9.1%	9.6%	11.9%	13.3%	-2.2%	-33.8%
Net margin	2.1%	0.3%	0.6%	1.3%	-16.4%	-47.8%
Free cash flow margin	8.6%	3.8%	9.6%	23.1%	5.9%	-41.2%
FCF / Net income	4.08	14.00	17.20	17.20	-0.36	0.86
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	3.6%	5.0%	10.7%	11.5%	18.5%	28.6%
Effective tax rate	11.1%	94.3%	92.0%	70.1%	-	-
Return on assets	1.5%	0.2%	0.4%	0.8%	-6.5%	-14.7%
Return on equity	6.2%	0.5%	1.1%	2.3%	-18.8%	-32.6%
Return on invested capital	4.9%	2.6%	3.7%	3.0%	-6.4%	-18.9%
Liquidity
Current ratio	1.29	2.10	2.27	2.38	2.63	2.37
Quick ratio	1.29	2.10	2.27	2.38	2.63	2.37
Cash ratio	1.04	1.69	1.87	1.92	2.03	1.73
Leverage
Debt / Equity	1.27	0.88	0.96	0.97	1.06	0.55
Debt / Assets	0.31	0.32	0.33	0.33	0.36	0.25
Debt / EBITDA	4.76	4.69	3.94	4.22	-	-
Interest coverage	1.3x	2.0x	2.9x	2.3x	-2.9x	-9.4x
Equity multiplier	4.07	2.72	2.91	2.98	2.90	2.22
Liabilities / Assets	0.75	0.63	0.66	0.66	0.66	0.55
Efficiency
Asset turnover	0.72	0.72	0.70	0.58	0.39	0.31
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	40d	41d	39d	42d	42d	42d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	58d	140d	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	47.0x	369.3x	269.1x	128.4x	-	-
P / B	3.0x	2.3x	3.6x	3.0x	4.7x	4.4x
P / S	1.0x	1.2x	1.7x	1.8x	4.1x	6.4x
EV / EBITDA	9.8x	10.8x	13.6x	12.3x	-	-
Growth
Revenue growth (YoY)	3.1%	2.6%	19.8%	65.4%	49.3%	-61.3%
Revenue CAGR (3y)	8.2%	26.7%	43.6%	-1.5%	-15.2%	-27.1%
Revenue CAGR (5y)	25.6%	3.3%	3.9%	-0.8%	-9.4%	-16.5%
Gross profit growth (YoY)	2.3%	-	-	-	-	-
Operating income growth (YoY)	-13.0%	-27.0%	24.8%	-	60.2%	-
Net income growth (YoY)	700.0%	-50.0%	-50.0%	-	48.8%	-
EPS growth (YoY)	675.0%	-50.0%	-42.9%	-	49.5%	-
EPS CAGR (3y)	30.3%	-	-	-46.0%	-	-
EPS CAGR (5y)	-	-46.2%	-37.1%	-	-	-
FCF growth (YoY)	132.9%	-59.3%	-50.0%	549.1%	-	-
FCF CAGR (5y)	-	-27.1%	-7.9%	14.6%	-26.6%	-
Book value growth (YoY)	-31.6%	8.3%	1.2%	9.1%	-10.9%	-23.7%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$1.96B total

Experiences$924.00M · 47.1%

Hotels And Other$750.00M · 38.2%

The Fork$221.00M · 11.3%

All Other Segments$68.00M · 3.5%

Product / service

$1.43B total

Hotels And Other$746.00M · 52.2%

Hotel$550.00M · 38.5%

Advertising$132.00M · 9.2%

Geographic

$1.89B total

US$1.29B · 68.1%

All Other Countries$302.00M · 16.0%

GB$301.00M · 15.9%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.13

Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

7/9

Strong

✓Net income positive
✓Operating cash flow positive
✓ROA improved YoY
✓Cash flow > net income
✓Long-term debt decreased
✗Current ratio improved
✓No share dilution
✗Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Services-Computer Programming, Data Processing, Etc.

Company	Revenue (last FY)	Net margin	ROE
META	$200.97B	30.1%	27.8%
GOOG	$350.02B	37.8%	31.8%
EVER	$692.52M	14.3%	41.7%
PINS	$4.22B	9.9%	8.8%
ZM	$4.87B	39.0%	19.4%

Comparing TripAdvisor against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-date	Per share
Nov 19, 2019	$3.5000