TripAdvisor (TRIP) Cost of Revenue (2011 - 2026)
TripAdvisor (TRIP) reported Cost of Revenue of $31 million for Q2 2026, down 15.1% from $36.5 million a year earlier and down 5.5% from the prior quarter.
TripAdvisor (TRIP) Cost of Revenue (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, TripAdvisor's Cost of Revenue came in at $139.8 million, up 7.3% year-over-year; for FY2025, it was $145 million, up 10.7% from FY2024.
- Cost of Revenue has increased for five consecutive years, with a five-year compound annual growth rate of 21.4% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $131 million in FY2024 (+10.1%), $119 million in FY2023 (+52.6%), $78 million in FY2022 (+5.4%) and $74 million in FY2021 (+34.5%).
- The Q2 2026 figure ranks as the lowest quarterly Cost of Revenue since Q1 2025.
- Year over year, Cost of Revenue gained in five of the last eight quarters, with growth averaging 47.6%.
- The high point for year-over-year Cost of Revenue in five years was Q4 2024 (growth of 350.0%); the low point was Q2 2026 (a decline of 15.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $32.8 million (Q1 2026), $35 million (Q4 2025) and $41 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 6.04 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 24.48 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 1.88 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 7.82 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | - |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 7.08 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 3.70 Bn |
| 10 | TripAdvisor | 996.59 Mn | -3.16 Bn | 410.90 Mn | 31.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.00 Mn |
| Mar 31, 2026 | 32.80 Mn |
| Dec 31, 2025 | 35.00 Mn |
| Sep 30, 2025 | 41.00 Mn |
| Jun 30, 2025 | 36.50 Mn |
| Mar 31, 2025 | 26.80 Mn |
| Dec 31, 2024 | 27.00 Mn |
| Sep 30, 2024 | 40.00 Mn |
| Jun 30, 2024 | 40.00 Mn |
| Mar 31, 2024 | 25.00 Mn |
| Dec 31, 2023 | 6.00 Mn |
| Sep 30, 2023 | 43.00 Mn |
| Jun 30, 2023 | 41.00 Mn |
| Mar 31, 2023 | 29.00 Mn |
| Dec 31, 2022 | -7.00 Mn |
| Sep 30, 2022 | 32.00 Mn |
| Jun 30, 2022 | 31.00 Mn |
| Mar 31, 2022 | 22.00 Mn |
| Dec 31, 2021 | 20.00 Mn |
| Sep 30, 2021 | 23.00 Mn |
TripAdvisor Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TRIP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "TRIP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TRIP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();