NASDAQ$TRIP

TripAdvisor Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Tripadvisor reported a 5% year-over-year increase in Q4 revenue, reaching $411 million. However, net income declined significantly to $2 million.

Tripadvisor saw a modest 5% revenue increase in Q4 2024, reaching $411 million, with strong growth in Viator and TheFork segments. However, net income dropped to $2 million from $32 million a year ago. Adjusted EBITDA fell 13% year-over-year to $73 million, reflecting increased marketing and personnel costs.

  • Revenue for Q4 2024 was $411 million, up 5% year-over-year.
  • Net income dropped to $2 million from $32 million in Q4 2023.
  • Viator and TheFork segments saw strong revenue growth of 16% and 23%, respectively.
  • Adjusted EBITDA declined 13% to $73 million, primarily due to increased costs.

Headline financials

Total Revenue

$411M

Previous: $390M+5.4%
EPS (adj)

$0.30

Previous: $0.38-21.1%
Adjusted EBITDA

$73M

No prior period
Marketing costs

$152M

No prior period
Personnel costs

$146M

No prior period
Technology costs

$24M

No prior period
General and administrative costs

$19M

No prior period
Experience bookings

4.2M

No prior period
Gross bookings value (GBV)

$845M

No prior period
Capital Expenditures

-$23M

Previous: -$16M-43.8%
Net Income

$1M

Previous: $32M-96.9%
Operating Income

$37M

Previous: $31M+19.4%
Gross Profit

$46M

Previous: $329M-86.0%

Revenue & EPS history

TripAdvisor · Revenue · Quarterly

$411M

Q4 2024+5.4%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Tripadvisor expects continued revenue growth in experiences and dining while maintaining disciplined investments to drive long-term profitability.

Tailwinds

  • Strong momentum in Viator and TheFork segments.
  • Strategic investments expected to drive future revenue growth.
  • Efforts to improve operational efficiency and cost control.
  • Continued growth in travel demand across markets.
  • Merger with Liberty TripAdvisor expected to strengthen financial position.

Headwinds

  • Rising marketing and personnel costs impacting margins.
  • Declining revenue in Tripadvisor-branded hotels segment.
  • Uncertain macroeconomic conditions affecting travel spending.
  • Increased competition in the online travel industry.
  • Restructuring costs expected to continue into Q1 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-1.4%

Avg return

Earnings day

-3.2%

Avg return

5 days after

-3.5%

Avg return

30 days after

43%

26 / 61 earnings

Positive

+20.8%

Q1 2018

Best reaction

-28.1%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.2%-15.6%+6.1%
Q4 2025-15.1%-13.3%-24.0%
Q3 2025+0.0%+0.2%-0.7%
Q1 2025+12.5%+19.9%+10.7%
Q4 2024-6.8%-15.4%-15.9%
Q3 2024-6.2%-10.2%-13.1%
Q2 2024-13.8%-14.1%-11.8%
Q1 2024-28.1%-26.8%-27.1%
Q4 2023+8.6%+5.1%+7.4%
Q3 2023+13.5%+10.3%+12.1%
Q2 2023-12.6%-12.5%-15.1%
Q1 2023-14.4%-11.6%-11.1%
Q4 2022+3.2%-10.4%-22.1%
Q3 2022-17.0%-6.5%-25.0%
Q2 2022+18.3%+23.7%+16.0%
Q1 2022+4.1%-14.4%-1.0%
Q4 2021-5.2%-7.0%-15.6%
Q3 2021-10.6%-12.1%-22.4%
Q2 2021+3.3%-0.6%-5.9%
Q1 2021-2.8%+0.0%-9.2%
Q4 2020+4.9%+21.0%+57.7%
Q3 2020+1.3%+36.1%+56.9%
Q2 2020-0.1%+4.9%+7.2%
Q1 2020-1.0%-6.6%+40.9%
Q4 2019-0.6%-0.5%-42.7%
Q3 2019-22.8%-22.5%-29.1%
Q2 2019+2.0%-4.8%-10.7%
Q1 2019-13.4%-15.6%-20.2%
Q4 2018-4.4%-4.6%-13.2%
Q3 2018+17.4%+9.9%+8.1%
Q2 2018-11.7%-6.8%-6.3%
Q1 2018+20.8%+24.2%+40.7%
Q4 2017+6.3%+8.6%+9.8%
Q3 2017-21.9%-19.8%-11.5%
Q2 2017+2.5%+6.6%+15.8%
Q1 2017+2.0%-1.7%-20.5%
Q4 2016-10.1%-9.8%-17.1%
Q3 2016-17.0%-19.6%-24.2%
Q2 2016-8.4%-10.9%-11.8%
Q1 2016-5.8%
Q4 2015+10.2%
Q3 2015-6.3%
Q2 2015-11.9%
Q1 2015+1.0%
Q4 2014+17.7%
Q3 2014-15.6%
Q2 2014-2.3%
Q1 2014-0.8%
Q4 2013+7.4%
Q3 2013-0.9%
Q2 2013+17.2%
Q1 2013-4.9%
Q4 2012-6.7%
Q3 2012+15.9%
Q2 2012-20.7%
Q1 2011-5.7%
Q1 2012+13.6%
Q4 2009+9.7%
Q2 2011+9.7%
Q4 2010+9.7%
Q4 2011+5.6%
Q3 2011

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