TripAdvisor (TRIP) Cost of Revenue (2011 - 2026)

TripAdvisor's (TRIP) quarterly Cost of Revenue came in at $32.8 million in Q1 2026, down 80.89% year-on-year from $171.6 million in Q1 2025, and up 106.95% quarter-over-quarter from -$472.0 million in Q4 2025.

TripAdvisor (TRIP) Cost of Revenue (2011 - 2026) Analysis & Trends

TripAdvisor's Cost of Revenue history runs 16 years deep, the most recent figure standing at $32.8 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue fell 80.89% year-over-year to $32.8 million in Q1 2026; TTM through Mar 2026 was -$180.2 million, a 144.65% decrease from a year earlier, with the FY2025 full-year figure at $145.0 million, down 80.11% from the prior year.
  • Cost of Revenue grew to $32.8 million in Q1 2026 per TRIP's latest filing, from -$472.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $218.0 million in Q2 2025 and bottomed at -$472.0 million in Q4 2025.
  • The 5-year median for Cost of Revenue is $32.8 million (2026), against an average of $26.2 million.
  • Across the five-year window, Cost of Revenue jumped 2433.33% in 2024 and sank 410.53% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at -$7.0 million in 2022, then soared by 185.71% to $6.0 million in 2023, then soared by 2433.33% to $152.0 million in 2024, then sank by 410.53% to -$472.0 million in 2025, then jumped by 106.95% to $32.8 million in 2026.
  • Per Business Quant, the three latest TRIP Cost of Revenue figures stand at $32.8 million (Q1 2026), -$472.0 million (Q4 2025), and $41.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Booking Holdings 147.33 Bn 131.30 Bn 3.46 Bn 2.07 Bn
2 Airbnb 87.74 Bn 75.73 Bn 2.10 Bn 581.00 Mn
3 Royal Caribbean Cruises 81.68 Bn 80.95 Bn 2.21 Bn 2.25 Bn
4 Yatra Online 56.40 Bn 56.37 Bn 10.44 Mn 8.41 Mn
5 Viking Holdings 45.64 Bn 41.83 Bn 713.43 Mn 1.01 Bn
6 Carnival 37.38 Bn 35.13 Bn - -
7 Expedia 33.93 Bn 31.43 Bn 3.05 Bn 377.00 Mn
8 Trip.com 29.12 Bn 17.42 Bn 1.86 Bn 483.00 Mn
9 Norwegian Cruise Line Holdings 9.10 Bn 8.91 Bn 953.34 Mn 1.38 Bn
10 TripAdvisor 1.66 Bn 539.99 Mn 349.60 Mn 32.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.80 Mn
Mar 31, 2026 32.80 Mn
Dec 31, 2025 -472.00 Mn
Dec 31, 2025 -472.00 Mn
Sep 30, 2025 41.00 Mn
Sep 30, 2025 41.00 Mn
Jun 30, 2025 218.00 Mn
Jun 30, 2025 218.00 Mn
Mar 31, 2025 171.60 Mn
Mar 31, 2025 171.60 Mn
Dec 31, 2024 152.00 Mn
Dec 31, 2024 152.00 Mn
Sep 30, 2024 40.00 Mn
Sep 30, 2024 40.00 Mn
Jun 30, 2024 40.00 Mn
Jun 30, 2024 40.00 Mn
Mar 31, 2024 25.00 Mn
Mar 31, 2024 25.00 Mn
Dec 31, 2023 6.00 Mn
Dec 31, 2023 6.00 Mn