TripAdvisor (TRIP) Cost of Revenue (2011 - 2026)
TripAdvisor (TRIP) posted quarterly Cost of Revenue of $32.8 million for Q1 2026, down 80.89% year-over-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.
- In Q1 2026, Cost of Revenue fell 80.89% year-over-year to $32.8 million; the TTM figure through Mar 2026 stood at -$180.2 million (down 144.65% YoY), while the FY2025 annual figure was $145.0 million, down 80.11% from the prior year.
- Cost of Revenue for Q1 2026 stood at $32.8 million, up from -$472.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $218.0 million in Q2 2025, with the low 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.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue jumped 2433.33% in 2024, then plunged 410.53% in 2025.
- TripAdvisor's Cost of Revenue stood at -$7.0 million in 2022, then surged by 185.71% to $6.0 million in 2023, then surged by 2433.33% to $152.0 million in 2024, then slumped by 410.53% to -$472.0 million in 2025, then soared by 106.95% to $32.8 million in 2026.
- Business Quant data shows TRIP's Cost of Revenue at $32.8 million in Q1 2026, -$472.0 million in Q4 2025, and $41.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 158.32 Bn | 141.10 Bn | 4.98 Bn | 2.37 Bn |
| 2 | Airbnb | 106.52 Bn | 94.45 Bn | 2.98 Bn | 633.00 Mn |
| 3 | Royal Caribbean Cruises | 80.85 Bn | 79.93 Bn | 2.29 Bn | 2.55 Bn |
| 4 | Viking Holdings | 44.32 Bn | 40.51 Bn | 713.43 Mn | 1.01 Bn |
| 5 | Expedia | 38.65 Bn | 31.52 Bn | 3.91 Bn | 403.00 Mn |
| 6 | Carnival | 38.34 Bn | 36.10 Bn | - | - |
| 7 | Trip.com | 29.11 Bn | 17.41 Bn | 1.86 Bn | 483.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.35 Bn | 8.13 Bn | 1.05 Bn | 1.59 Bn |
| 9 | MakeMyTrip | 5.82 Bn | 5.04 Bn | 212.91 Mn | 72.67 Mn |
| 10 | TripAdvisor | 1.18 Bn | 336.64 Mn | 226.50 Mn | 215.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 215.40 Mn |
| Jun 30, 2026 | 215.40 Mn |
| 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 |