Tripadvisor — Third Quarter 2026 Earnings Summary

Tripadvisor reported a third-quarter 2026 revenue of $436.4 million, representing an 11% decline year-over-year, driven by a 23% drop in its Hotels and Other segment. The company recorded a GAAP net loss of $316.9 million due primarily to a $369.5 million non-cash goodwill impairment charge within the Hotels and Other segment. Despite the GAAP loss, the company achieved a non-GAAP net income of $43.4 million and adjusted EBITDA of $71.1 million. On November 1, 2026, Tripadvisor completed the sale of its TheFork business segment for approximately $741 million in net cash proceeds, which it intends to use primarily for debt reduction.