TripAdvisor (TRIP) Cost of Revenue (2011 - 2026)
TripAdvisor (TRIP) recorded quarterly Cost of Revenue of $177.6 million in Q1 2026, up 2.07% quarter-over-quarter from $174.0 million in Q4 2025, and up 3.5% on a YoY basis from $171.6 million in Q1 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 $177.6 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 3.5% year-over-year to $177.6 million; the TTM figure through Mar 2026 stood at $434.6 million (down 3.34% YoY), while the FY2025 annual figure was $791.0 million, up 503.82% from the prior year.
- Cost of Revenue was $177.6 million for Q1 2026 at TripAdvisor, up from $174.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $491.0 million in Q4 2022 to a low of -$642.0 million in Q4 2023.
- Historically, Cost of Revenue has averaged $107.6 million across 5 years, with a median of $162.0 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 1075.0% in 2022, then sank 230.75% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $491.0 million in 2022, then tumbled by 230.75% to -$642.0 million in 2023, then jumped by 104.21% to $27.0 million in 2024, then surged by 544.44% to $174.0 million in 2025, then grew by 2.07% to $177.6 million in 2026.
- The last three Cost of Revenue figures came in at $177.6 million (Q1 2026), $174.0 million (Q4 2025), and $41.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 2.07 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 581.00 Mn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 2.25 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | - |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 377.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 1.38 Bn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 126.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 35.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 463.00 Mn |
| 10 | TripAdvisor | 1.37 Bn | 248.54 Mn | 204.80 Mn | 177.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 177.60 Mn |
| Mar 31, 2026 | 177.60 Mn |
| Dec 31, 2025 | 174.00 Mn |
| Dec 31, 2025 | 174.00 Mn |
| Sep 30, 2025 | 41.00 Mn |
| Sep 30, 2025 | 41.00 Mn |
| Jun 30, 2025 | 42.00 Mn |
| Jun 30, 2025 | 42.00 Mn |
| Mar 31, 2025 | 171.60 Mn |
| Mar 31, 2025 | 171.60 Mn |
| Dec 31, 2024 | 27.00 Mn |
| Dec 31, 2024 | 27.00 Mn |
| Sep 30, 2024 | 211.00 Mn |
| Sep 30, 2024 | 211.00 Mn |
| Jun 30, 2024 | 40.00 Mn |
| Jun 30, 2024 | 40.00 Mn |
| Mar 31, 2024 | 162.00 Mn |
| Mar 31, 2024 | 162.00 Mn |
| Dec 31, 2023 | -642.00 Mn |
| Dec 31, 2023 | -642.00 Mn |