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| Date | Value |
|---|---|
| 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 |