NASDAQ$TRVG
Trivago NV-ADR · Q1 2026 earnings
Q1 2026 earnings · · After market close · Investor relations
Briefing
trivago Q1 2026: €142.9M revenue (+15%), ROAS 121%, raises EBITDA guidance to ~€25M
trivago N.V. reported first-quarter 2026 results on May 5, 2026. Total revenue grew 15% year over year to €142.9 million, marking a fifth consecutive quarter of double-digit growth, driven by Referral Revenue up 9% to €134.9 million. Net loss improved to €7.3 million from €7.8 million; Adjusted EBITDA loss narrowed to €4.5 million from €6.5 million. Global return on advertising spend rose 2.9 points to 121.0%. Americas Referral Revenue grew 17% to €52.4 million and Developed Europe 14% to €59.4 million, while Rest of World fell 12% to €23.0 million on FX and geopolitical headwinds. Management raised full-year 2026 Adjusted EBITDA guidance to around €25 million from at least €20 million while maintaining double-digit total revenue growth expectations. The supervisory board authorized up to €20 million in share repurchases planned to start at end of May.
- Total revenue €142.9 million (+15% YoY); Referral Revenue €134.9 million (+9%); net loss €7.3 million.
- Adjusted EBITDA loss improved to €4.5 million from €6.5 million; global ROAS 121.0% (+2.9 ppts).
- Americas revenue €52.4 million (+17%); Developed Europe €59.4 million (+14%); Rest of World €23.0 million (-12%).
- Raised FY2026 Adjusted EBITDA guidance to ~€25 million from at least €20 million; revenue growth guidance reaffirmed.
- Authorized up to €20 million share buyback; cash €136.1 million with zero long-term debt.
Headline financials
Revenue & EPS history
Trivago · Revenue · Quarterly
€143M
Revenue by segment
Trivago · €135M total across 3 segments · Q1 2026
- Developed Europe€59.4M—44.1%
- Americas€52.4M—38.9%
- Rest of World€23M—17.1%
Forward guidance
trivago raised full-year 2026 Adjusted EBITDA guidance to around €25 million (from at least €20 million) while maintaining expectations for double-digit year-over-year total revenue growth and improved profitability through Q2.
Tailwinds
- Fifth consecutive quarter of double-digit revenue growth with improving profitability
- Branded channel traffic compounding from prior brand investments; booking conversion up 58% since Q1 2023
- Strong cash position supports up to €20 million share buyback authorization
Headwinds
- Rest of World segment down 12% on FX and Middle East conflict travel impacts
- Challenging year-over-year revenue comparables expected through first half of 2026
- Still reporting net and Adjusted EBITDA losses despite improvement
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 Q1 2026
-3.0%
Avg return
Earnings day
+1.0%
Avg return
5 days after
-0.1%
Avg return
30 days after
37%
14 / 38 earnings
Positive
+24.7%
Q3 2018
Best reaction
-29.3%
Q1 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.4% | +12.8% | +47.2% | |
| Q4 2025 | -0.7% | +0.7% | -6.8% | |
| Q3 2025 | +1.7% | +2.0% | +2.0% | |
| Q2 2025 | -27.9% | -28.8% | -31.1% | |
| Q1 2025 | +8.1% | +26.2% | -2.2% | |
| Q4 2024 | -1.6% | +58.5% | +29.4% | |
| Q3 2024 | +3.0% | +0.6% | +42.9% | |
| Q2 2024 | +1.9% | -1.4% | -3.4% | |
| Q1 2024 | -1.6% | -5.5% | -4.7% | |
| Q4 2023 | -3.2% | -2.4% | +0.8% | |
| Q3 2023 | -6.3% | -3.6% | -57.7% | |
| Q2 2023 | -15.0% | -16.4% | -17.9% | |
| Q1 2023 | -17.0% | -14.9% | -13.5% | |
| Q4 2022 | -4.4% | -3.9% | -6.1% | |
| Q3 2022 | +15.0% | +24.0% | +46.0% | |
| Q2 2022 | -1.7% | +0.6% | -14.5% | |
| Q1 2022 | -0.9% | -15.6% | -19.9% | |
| Q4 2021 | +4.5% | +16.5% | -8.5% | |
| Q3 2021 | -4.5% | +9.8% | -22.0% | |
| Q2 2021 | -2.0% | -4.7% | -6.0% | |
| Q1 2021 | -3.9% | +6.1% | +6.1% | |
| Q4 2020 | +1.8% | +19.6% | +50.7% | |
| Q3 2020 | -5.2% | -3.7% | +65.9% | |
| Q2 2020 | +9.8% | +11.0% | +14.6% | |
| Q1 2020 | +14.5% | +27.6% | +46.2% | |
| Q4 2019 | -13.7% | -10.6% | -45.5% | |
| Q3 2019 | -18.9% | -20.6% | -22.1% | |
| Q2 2019 | +4.9% | +8.8% | +4.7% | |
| Q1 2019 | -9.4% | -2.3% | -23.2% | |
| Q4 2018 | +0.9% | +3.7% | -5.1% | |
| Q3 2018 | +24.7% | +30.8% | +16.7% | |
| Q2 2018 | -4.2% | -4.9% | +1.4% | |
| Q1 2018 | -29.3% | -30.1% | -24.8% | |
| Q4 2017 | -2.8% | -3.3% | +6.7% | |
| Q3 2017 | -26.3% | -31.0% | -33.6% | |
| Q2 2017 | -19.5% | -22.3% | -27.5% | |
| Q1 2017 | +15.0% | +6.6% | +3.8% | |
| Q4 2016 | +2.7% | -1.0% | +8.1% | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — |
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